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Abercrombie & Fitch beats quarterly same-store sales estimates

2 weeks ago DieselGasoil Comments Off on Abercrombie & Fitch beats quarterly same-store sales estimates
Signage is seen at the Abercrombie & Fitch store on Fifth Avenue in Manhattan, New York City, U.S., February 27, 2017. REUTERS/Andrew Kelly (Reuters) – Apparel retailer Abercrombie & Fitch Co (ANF.N) topped quarterly same-store sales estimates on Thursday, driven by higher sales at its Hollister and flagship stores. The company said sales at established Read More

Turkey's Erdogan calls for 'sea of peace' after Kerch standoff while Kiev beats the drums of war

2 weeks ago DieselGasoil Comments Off on Turkey's Erdogan calls for 'sea of peace' after Kerch standoff while Kiev beats the drums of war
Turkish President Recep Tayyip Erdogan is calling on Russia and Ukraine to engage in dialogue after the recent maritime incident caused a flare-up in tensions. Belligerent Kiev, meanwhile, is bracing for “full-blown war.” Ankara wants to see the nations as “close friends” and “the Black Sea to become a ‘sea of peace’ as soon as Read More

Ensign beats Precision Drilling in bidding war for Trinidad

2 weeks ago DieselGasoil Comments Off on Ensign beats Precision Drilling in bidding war for Trinidad
By Kevin Orland on 11/27/2018 CALGARY (Bloomberg) — Ensign Energy Services Inc., the Canadian oilfield-services company partly owned by Murray Edwards, has succeeded in its hostile bid for Trinidad Drilling Ltd. Ensign said in a statement that 56% of Trinidad’s stock was tendered to its $1.26-a-share cash offer, which expired Tuesday. The hostile bid was Read More

Cisco beats as network gear demand rises, new bets pay off

4 weeks ago DieselGasoil Comments Off on Cisco beats as network gear demand rises, new bets pay off
(Reuters) – Cisco Systems Inc beat analysts’ estimates for quarterly revenue and profit on Wednesday, as the network gear maker benefited from demand for its routers and switches and growth in its newer focus areas such as software. FILE PHOTO: A logo of Cisco is seen during the Mobile World Congress in Barcelona, Spain February Read More

A matter of volume: threat from ascendant Chinese phones hangs over Apple

4 weeks ago DieselGasoil Comments Off on A matter of volume: threat from ascendant Chinese phones hangs over Apple
SAN FRANCISCO (Reuters) – A raft of profit warnings from Apple Inc (AAPL.O) suppliers this week has fueled investor concerns that iPhone sales, in terms of volume, have hit a wall that could spell trouble for the company’s plans to make services its main pillar of growth. FILE PHOTO: A customer compares the size of Read More

Student beats up, attempts to strangle teacher as French school violence hits headlines again

1 month ago DieselGasoil Comments Off on Student beats up, attempts to strangle teacher as French school violence hits headlines again
Just as France calmed down after the case of a student threatening a teacher with a ‘gun’ in class went viral, another scandal has hit the suburbs of Paris after a student beat and attempted to strangle his teacher at a school. The violent incident took place at a vocational high school in the Bezons Read More

Disappointing third-quarter earnings another blow to battered European market

1 month ago DieselGasoil Comments Off on Disappointing third-quarter earnings another blow to battered European market
LONDON (Reuters) – European companies are delivering their most disappointing earnings in nearly three years as a sluggish economy and rising costs take their toll on bottom lines, dealing another blow to investor confidence shaken by Italy’s budget crisis and Brexit. FILE PHOTO: The German share price index DAX graph is pictured at the stock Read More

Amazon strikes deal with Apple to sell iPhones, iPads

1 month ago DieselGasoil Comments Off on Amazon strikes deal with Apple to sell iPhones, iPads
FILE PHOTO: The logo of the web service Amazon is pictured in this June 8, 2017 illustration photo. REUTERS/Carlos Jasso/Illustration/File Photo (Reuters) – Amazon.com Inc (AMZN.O) on Friday said it would carry more Apple Inc (AAPL.O) products globally in time for the holiday shopping season, as the technology rivals put aside past differences to boost Read More

Disney beats profit targets as fans flock to parks, movies

1 month ago DieselGasoil Comments Off on Disney beats profit targets as fans flock to parks, movies
(Reuters) – Walt Disney Co (DIS.N) reported a quarterly profit that topped Wall Street estimates on Thursday, driven by summer crowds at the company’s theme parks and big audiences for Marvel movie “Ant-Man and the Wasp.” The entrance to Walt Disney studios is seen in Burbank, California, U.S. August 6, 2018. REUTERS/Lucy Nicholson Shares of Read More