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How Much Further Could U.S. Retail Rents Drop?
2020-05-20 18:39:00| National Real Estate Investor
Estimates range from declines of 8.5 percent to 13.0 percent through 2020.
Teleste aims to sell German Cableway services ops, says Q1 net sales drop 11%
2020-05-15 09:56:00| Telecompaper Headlines
(Telecompaper) Finnish software provider Teleste said it has decided to sell its Cableway services businesses in Germany and has announced an 11.4 percent drop in first quarter net sales with an 18.3 percent fall in adjusted operating profit. Selling the German services business operations aims to safeguard Teleste's financial position ability to invest in growth areas. Teleste said if restrictions on movement to curb coronavirus stay in effect until the end of Q2 the negative impact on its FY net sales would be significant.
Cisco quarterly revenues fall 8%, sees bigger drop in July quarter
2020-05-14 08:17:00| Telecompaper Headlines
(Telecompaper) Cisco's revenues turned lower in its fiscal third quarter to April, down 8 percent year-on-year to USD 12.0 billion, and net earnings fell 6 percent to USD 0.65 per share. The company said it expects a further decline in the July quarter, with revenues down 8.5-11.5 percent annually and EPS of USD 0.57-0.62.
US Crude Oil Stockpiles Unexpectedly Drop for First Time Since January
2020-05-13 20:00:00| OGI
Stocks in Cushing fell by 3 million barrels in the last week, the EIA said. The hub, coming into this week's data, is more than 80% full, as producers find themselves with fewer places to store oil.
Coronavirus: High Streets see 'fastest ever' footfall drop
2020-05-11 01:01:17| BBC News | Business | UK Edition
Springboard says the fall in the number of shoppers visiting UK High Streets was "unprecedented".
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