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Uber Narrows Loss But Is A Long Way From Finding Profit

SAN FRANCISCO – Uber Technologies Inc [UBER.UL] said on Wednesday it narrowed its quarterly losses from a year earlier, although the ride-hailing company is still...

Cisco Tops Revenue Estimates As Newer Bets Pay Off

– Cisco Systems Inc (CSCO.O) reported quarterly revenue above Wall Street estimates on Wednesday, driven by growth in the network gear maker’s newer...

Uber Narrows Loss But Still A Long Way From Profitability

SAN FRANCISCO – Uber Technologies Inc said on Wednesday it had narrowed losses from a year earlier, although the ride-hailing company is still a long way from...

Regulatory Limbo Hits Tencent With First Profit Fall In Nearly 13 Years

HONG KONG – Chinese technology giant Tencent Holdings Ltd has “no clarity” on when it may get approval to start charging for its most popular game, it...

Margin Worries Send Macys Shares Tumbling After Profit Beat

– Macy’s Inc (M.N) on Wednesday said its gross margins would shrink in the fall season as delivery expenses rise, overshadowing a quarterly sales and profit...

Macys Raises Full-year Forecast Investors Lock Gains

– Macy’s Inc (M.N) on Wednesday reported a surprise rise in quarterly same-store sales and raised its full-year forecasts, but its shares fell 9 percent with...

Macys Posts Surprise Same-store Sales Growth

– Macy’s Inc (M.N) on Wednesday reported a surprise rise in quarterly same-store sales, topping estimates for the third straight quarter, boosted by strong...

Chinas Tencent Second-quarter Profit Falls 2 Percent First Decline In Nearly 13 Years

HONG KONG – Chinese technology giant Tencent Holdings Ltd on Wednesday reported a surprise 2 percent fall in second-quarter net profit, its first decline in nearly...

Chinas Tencent Second-quarter Profit Falls 2 Percent Lags Estimates

HONG KONG – Chinese technology giant Tencent Holdings Ltd on Wednesday reported a surprise 2 percent fall in second-quarter net profit, its first decline in nearly...

Italys Autostrade To Work With Authorities Over Causes Of Bridge Collapse

MILAN – Autostrade per l’Italia, the toll road operator which manages the bridge that collapsed in the Italian city of Genoa on Tuesday killing at least 20...