Continuing the stagnant revenue streak, HP Inc. shares initially jumped 5% in trading after hours Thursday after reporting fiscal third-quarter sales that surpassed Wall Street’s $ 1 billion estimates, due to a pandemic. affected boom in sales of personal computers. HP HPQ, + 2.01% reported net income of $ 734 …
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Gap Inc. said Thursday that its total sales fell 18% in the last four years, as e-commerce revenue rose 95% from a year ago, but those gains were offset by a 48% drop in retail sales in the coronavirus pandemic . It swung to a net loss from a year …
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City First Bank and Broadway Federal Bank announced their merger on Wednesday. Combined, the lenders said they would have more than $ 1 billion in assets. City First President and CEO Brian E. Argrett said the two banks worked on their deal for a year. “We would do this deal …
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President Donald Trump talks with leaders of auto industry, including General Motors CEO Mary Barra (L) and United Auto Workers (UAW) President Dennis Williams (R) at the American Center for Mobility in Ypsilanti Township, Michigan, US March 15, 2017. Jonathan Ernst | Reuters DETROIT – Former United States car president …
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Pedestrians are reflected in the window of an Abercrombie & Fitch store in New York. Craig Warga | Bloomberg | Getty Images Shares of Abercrombie & Fitch rose after clothing retailer reported a quarterly gain on Thursday morning and an impressive 56% online revenue growth during the coronavirus pandemic. The …
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