(Reuters) – Texas Instruments Inc <TXN.O> reported an 8.7% drop in quarterly revenue on Tuesday, as it grappled with slowing demand for microchips that started late last year. Net income fell to $1.31 billion, or $1.36 per share, in the second quarter ended June 30, from $1.41 billion, or $1.40 per.
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The telecommunications company said the profit amounted to 46 cents a share for the quarter ended March 31 The company said its MTS business earned operating revenue of $243.5-million, down slightly from $243.7-million a year ago, while its Allstream business saw operating revenue drop to.
2017 HW Vanguard: Franklin Codel NEW YORK (AP) – Scandal-plagued Wells Fargo is back in hot water for signing customers up for products that they didn’t need or want. This time it’s auto insurance, and the bank says it may have.
Quarterly total revenue was at approximately $1,834 million, down 3.7% year over year. Fourth-quarter net income came in at around $243 million, down 12.3% year over year. Net earnings per Americanwere 31 cents, down 16.2% year over year.
In the quarter, same-store-sales rose 8.7% with retail store same-store-sales. Earnings were $0.89 versus the consensus of.
Sprint reported a quarterly revenue drop of 8.7 percent as revenue from its wireless business declined, and new and existing customers opted for its installment plans. According to the company’s quarterly finance report, the wireless giant reported a loss of $20 million or 1 cent per share for the.
Nonfarm payrolls added 54,000 jobs in May Expecting gains of 170,000 jobs in May, economists woke up to the news this morning that the unemployment rate had ticked up to 9.1% with only 54,000 jobs being added to the rolls. New York Times.
Shares in Domino’s fell 8.7% to $246.54. the world’s largest pizza company, said revenue for its most recent quarter rose.
Difficult times for a company that had grown used to a gleaming record of growth. As predicted after that serious stutter in November sales, HTC’s unaudited revenue for Q4 2011 shows a 2.49 percent fall on the same quarter in 2010. Unaudited operating income was just shy of 13 billion Taiwanese dollars.