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U.S. Retail Sales Fall Most in Nine Years Amid Stock Plunge

2019-02-14 16:29:38| National Real Estate Investor

U.S. retail sales fell 1.2 percent in December compared to January, a sign of slower economic momentum.

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Swisscom posts stable revenue in 2018, sees fall in 2019

2019-02-07 10:34:00| Telecompaper Headlines

(Telecompaper) Swisscom's net revenues in 2018 amounted to CHF 11.71 billion, a slight increase of 0.4 percent year-on-year and better than its outlook for flat revenues. Annual EBITDA fell 1.9 percent to CHF 4.21 billion, in line with guidance, and the EBITDA margin was down from 36.8 percent in 2017 to 36.0 percent in 2018. For 2019, Swisscom expects net revenue to drop to around CHF 11.4 billion, EBITDA to improve to over CHF 4.3 billion and capital expenditure of around CHF 2.3 billion. 

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Qualcomm results fall in line with outlook, reaches interim licensing deal with Huawei

2019-01-31 08:55:00| Telecompaper Headlines

(Telecompaper) Qualcomm reported revenues for its fiscal first quarter to December down 20 percent from a year earlier to USD 4.8 billion, in line with its outlook. The company said it reached an interim agreement in its licensing dispute with Huawei to receive partial payment of royalties, but was still not receiving any revenue from Apple. Revenues are forecast to fall again in the March quarter, by up to 16 percent. 

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AT&T posts 4% fall in domestic telco revenues in Q4

2019-01-30 14:11:00| Telecompaper Headlines

(Telecompaper) AT&T reported a further fall in revenues from its communications business in the fourth quarter, as it lost customers across postpaid mobile, fixed voice and TV activities in the past year. Operating profit still improved, thanks to cost reductions, and overall group results were up following the growth at WarnerMedia and acquisitions. AT&T confirmed its outlook for 2019, as it looks to use the content and advertising business to restore growth in its telecom operations.

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Apple iPhone sales in 'disappointing' fall

2019-01-29 22:50:55| BBC News | Business | UK Edition

Revenue from the tech giant's signature iPhone fell 15% in the most recent quarter.

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