Wednesday, January 19th, 2022

Tag: expects

Ford expects $8.2 billion Q4 gain from Rivian investment

Ford on Tuesday also said it would reclassify a previous $900 million non-cash gain from Rivian into its special items. That means that figure will no longer be included in its adjusted EBIT forecast....

Judge expects to make decision on motion to dismiss lawsuit against Prince Andrew soon

Andrew’s attorney also argued Giuffre’s lawsuit is not sufficient because it does not detail her abuse, and that the New York state law that allowed her to file the suit decades after the alleged...

Subaru CEO Tomomi Nakamura expects first back-to-back U.S. sales declines since 1990s

A decline in 2021 would mark the first time since 1995 that Subaru has notched back-to-back years of sliding sales in U.S. Since 1996, the brand’s annual sales have declined only three times, in...

Levi Strauss CEO expects strong holiday sales fueled by pent-up demand

Levi Strauss & Co. CEO┬áChip Bergh told CNBC’s Jim Cramer he’s anticipating robust holiday sales this year as Americans spend some of the money they built up during the coronavirus pandemic. “The home balance...

Southeast Asia’s Zalora expects record-breaking Singles Day sales

Southeast Asian e-commerce company Zalora is anticipating record-breaking business this Singles Day amid economic reopening and increased tech adoption across the region. Speaking to CNBC as the world’s biggest shopping event kicked off, Zalora...