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...A jump in sales at BCG’s AI division also partly offset a slowdown in other parts of the business last year amid a tougher economic backdrop....
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...One school of thought is that EV sales growth in Europe has, thus far, been from wealthy early adopters and corporate buyers....
...Sales of battery electric and plug-in hybrid cars could rise more than 20 per cent to reach 17mn this year, up from just under 14mn in 2023, and grow to account for as much as two-thirds of global sales...
...iPhone sales plunged 24 per cent In the first six weeks of the year, according to a Counterpoint Research report....
...Lululemon’s sales in mainland China were up 60 per cent year on year in the latest quarter on a constant currency basis, and now make up nearly a tenth of total sales....
...Sales of higher-margin discretionary items like home decor were down 12 per cent....
Potential sale comes after Apollo’s $26bn offer was rebuffed
...The focus on robotaxis seems an attempt to draw attention away from falling sales. Inventory is piling up. Tesla has 28 days of unsold supply, up from 15 days last year....
...Of Tesla’s total quarterly sales of $21.3bn, 82 per cent were indeed “automotive revenues” while the rest were energy and services....
...Analysts estimate that NetEase, as the publisher of Blizzard games in China, made as much as 5 per cent of its total sales from Blizzard games before the partnership was terminated....
...Sparta, which also wants a review to look at a sale, might fare better with bidders. But there is little reason to think a deal will be struck now, after last year’s interest faltered....
...Last year, 80 per cent of exits were sales to corporate buyers ($271bn). The next most popular exit was sales to other PE firms ($62bn)....
...However, overall sales of European ETFs remained on a steady course in early 2024....
...“My sale of shares today was a gift to myself and my family, and I do not intend to sell any further shares,” Handler said in a statement....
Shares drop after car sales slip in first quarter
...Moderna generated sales of $18.4bn in 2022 from its Spikevax vaccine....
...When AbbVie’s record-breaking immunology drug Humira came off-patent early last year after generating more than $200bn in sales for the drugmaker over two decades, a number of cheaper copycat products, known...
...Rising delinquencies as well as faltering retail sales growth will add to the pressure....
...A forced sale is likely to mean a much lower price. TikTok is also reportedly lossmaking. Valued on a sales multiple closer to lossmaking peer Snap, it would be priced at about $88bn....
...“Global EV sales continue to be under pressure as many carmakers prioritise hybrid over EVs.”...
...since Torres’s ruling, most or all of which seemed “akin to institutional sales”....
...In the year to February, it generated net sales of $1.7bn and pre-tax profit of $131.6mn....
...Sales growth is set to stay soft because of both the smartphone replacement cycle and weak sales in China....
...Last year, China’s commerce ministry said it would “firmly oppose” a forced sale of TikTok....
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