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In the first fiscal quarter ended June, revenue of the second-largest producer of alcohol in France Remy Cointreau increased by 0.5% in annual terms to 241.5 million euros, despite the adverse impact of changes in exchange rates. Organic revenue growth, which does not take into account the impact of mergers and acquisitions, asset sales and exchange rate fluctuations, was 5.9% compared to the same period last year. Analysts had predicted an increase of 5.3%. Sales of brandy Remy Martin jumped by 11.1%. During trading on Friday, the stock price of Remy Cointreau rose by 2%.
American multinational automaker Ford Motor Co. (F.N) announced on Thursday that its vehicle sales increased by 3% from April to June in mainland China. It would be the first time that the company's first quarterly sales rose in the world's ...
On Thursday, the semiconductor manufacturing company Broadcom Inc. (AVGO.O) posted its second-quarter revenue estimates worth $5.742 billion and suggests a delay on the Apple Inc.’s (AAPL.O) iPhone 12 launch on the first week of September ...
On Thursday, American multinational warehouse club operator Costco Wholesale Corp. (COST.O) reported a 7.5% decline in its third-quarter revenue. The retail company spent $300 Million on incremental wages and extra sanitation costs amid the ...
On Wednesday, American computer manufacturer Micron Technology Inc (MU.O) raised its revenue forecast to a range of $5.2 billion to $5.4 billion from $4.6 billion to $5.2 billion for the third quarter. The company's shares jumped to 3.7% in ...
Box Inc. predicted its first-quarter revenue to beat Street estimates due to higher demand for its online software products, causing its shares to gain 9% in extended trading. The company beat fourth-quarter profit and revenue, lifted by its ...
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