“The lower shipments suggest that Apple’s Greater China revenues should be at the very least a significant drag on our overall estimate of 18 percent iPhone revenue growth in the second fiscal quarter,” Kvaal added. […]
British inflation unexpectedly cooled to a one-year low in March, according to figures that may raise doubt over bets that the Bank of England will raise interest rates in May. Official data published on Wednesday […]
Cessna jets maker Textron reported a higher-than-expected quarterly profit on Wednesday and said it had agreed to sell its tools and test equipment business to Emerson Electric, driving shares 7 percent higher before the bell. […]
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