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Updated: 1 day 22 hours ago

Strong Sales of Galaxy S7 and S7 Edge Pushes Second Quarter Profits for Samsung

Thu, 07/07/2016 - 08:53

Galaxy_S7_and_S7_Edge.jpg

It is expected that, owing to its steady sales of Galaxy S7 and S7 Edge, Samsung Electronics is all set to surpass market expectations.

For the second quarter this year, the South Korean company is expected to post 8.1 trillion won or $7 billion in operating profits.

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Categories: United States

Gap reports a fall in sales in the fifth straight quarter

Wed, 05/11/2016 - 03:03

gap.jpg

Clothing giant, Gap Inc has reported a fall in sales during the fifth straight quarter at a time when the company was expected to start recovery. The shares of the company also fell as it recorded a lwer than expected profits for the first quarter.

 

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Categories: United States

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