Netflix shares slip as spending weighs on profits
Netflix shares swung lower Thursday as spending on original shows at the leading streaming television service weighed on quarterly revenue and competition heated up.
Netflix shares swung lower Thursday as spending on original shows at the leading streaming television service weighed on quarterly revenue and competition heated up.
Business
Jan 18, 2019
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German car giant Volkswagen on Thursday reported a small drop in profits but nonetheless said strong sales got the year off to "a good start", as new CEO Herbert Diess pushes on with a post-dieselgate revamp of the behemoth.
Business
Apr 26, 2018
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The world's largest carmaker Volkswagen appeared back in racing form Friday, as its 2017 results revved back to levels not seen since before its devastating "dieselgate" emission cheating scandal.
Business
Feb 23, 2018
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Finnish handset maker Nokia Corp. plans to introduce its first mobile phones using the Microsoft Windows operating system this year, the company's chief executive said Tuesday.
Business
Jun 21, 2011
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Apple certainly has lots of buzz and corporate cache behind its products, but there's a hidden - almost mundane - reason its newest iPad is likely to dominate the competition: the advantageous deals the company cuts with ...
Consumer & Gadgets
Mar 8, 2012
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Shares in Siemens' Healthineers unit surged in their debut on the Frankfurt stock exchange Friday, after the industrial giant raised 4.2 billion euros in a more muted than expected initial public offering.
Business
Mar 16, 2018
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German software giant SAP said on Tuesday it expects its cloud computing business to continue to boost sales in the coming years, but profit growth will slow this year.
Business
Jan 21, 2014
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German professional software maker SAP posted on Wednesday a sharp drop in fourth quarter earnings owing to a defeat in a court case involving US rival Oracle.
Business
Jan 26, 2011
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SAP, the German professional software giant, posted a better than expected second quarter profit on Wednesday, and said it would maintain tight cost controls for the remainder of the year.
Business
Jul 29, 2009
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Taiwan's leading smartphone maker HTC forecast Monday that its revenue in the three months to March may plunge 30 percent from a year ago, as competitors Apple and Samsung take their grip on the market.
Business
Feb 6, 2012
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