by stefanie | Jan 29, 2025 | City News
The OEM reports declining revenue as cost-cutting boosts margins but market headwinds persist. Xerox reported a sharp decline in revenue for both the fourth quarter and full year, as the print and document management company navigates ongoing market headwinds. The...
by stefanie | Jan 28, 2025 | City News
Suzhou Goldengreen Technologies warns of delisting after forecasting a $4.3–6.2 million (€3.9–5.6 million) loss. Suzhou Goldengreen Technologies (SGT) has warned investors it faces the risk of delisting from the Shenzhen Stock Exchange following its 2024 annual...
by stefanie | Jan 27, 2025 | City News
Chinese printing giant shows resilience after Lexmark sale, despite headwinds. Ninestar Corporation has forecasted a return to profitability for 2024, predicting net earnings of between ¥6.5 billion and ¥9.5 billion ($914 million / €850 million to $1.34 billion /...
by stefanie | Jan 17, 2025 | City News
Chinese materials firm predicts soaring profits, buoyed by semiconductor boom and innovation. Hubei Dinlong Holdings reported a projected net profit of RMB 490 million to RMB 530 million ($71.7 million– $77.6 million/ €65.3 million– €70.6 million) for 2024. The...
by stefanie | Nov 27, 2024 | City News
Revenue rises but future uncertainty clouds HP’s fiscal 2024 performance. HP Inc. reported a mixed set of fiscal 2024 results, with revenue growth providing a glimmer of optimism even as weaker guidance for the coming quarter dampened investor confidence. The company...
