profit

Amazon Overhauls Low-Margin Products In eCommerce Shift
Amazon Overhauls Low-Margin Products In eCommerce Shift
December 17, 2018  |  Amazon

Amazon is making moves to get rid of items on its site known as CRaP, which is short for “Can’t Realize a Profit.” According to...

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Analysts Weigh In On Apple, Post-Trump Tariff Threat
Analysts Weigh In On Apple, Post-Trump Tariff Threat
November 28, 2018  |  Apple

Analysts are sharing their thoughts on what will happen to Apple if President Donald Trump’s threat of new tariffs on iPhones goes into effect. Days...

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Ant Financial Posts Rare Quarterly Loss
Ant Financial Posts Rare Quarterly Loss
November 05, 2018  |  Earnings

Ant Financial, the Chinese FinTech giant and an affiliate of Alibaba Group, posted an earnings pre-tax loss of 2.4 billion yuan ($353 million USD) for the...

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Amex Reports Card Member Spending Up 8 Pct In 3Q
Amex Reports Card Member Spending Up 8 Pct In 3Q
October 19, 2018  |  Earnings

American Express posted results Thursday (Oct. 18) that showed increases in card member spending and a boost in lending activity. Overall, billed business gained 8...

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Gap Q2 Revenue Beats Analyst Expectations
Gap Q2 Revenue Beats Analyst Expectations
August 24, 2018  |  Earnings

Gap reported a 2 percent increase in comparable store sales for the second quarter as the retail chain’s revenue topped analyst estimates, though its stock...

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Amazon Replacing Retail Vets With Software
Amazon Replacing Retail Vets With Software
June 13, 2018  |  Amazon

Amazon is replacing some of its retail veterans with software that predicts what shoppers want and how much merchants should charge for it. According to...

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