AWS move, disclosure suggest Amazon yielding more to Wall Street
SAN FRANCISCO (Reuters) – After years of giving investors the cold shoulder, Amazon.com Inc is starting to warm up to Wall Street.
Honda cuts profit target as Takata air bag recalls bite
TOKYO (Reuters) – Japan’s Honda Motor Co sliced 6.5 percent off its core annual profit forecast as it set aside hundreds of millions of dollars in extra cash to cover an extended car recall to replace potentially faulty air bags made by Takata Corp.
ANA Holdings orders Boeing, Airbus planes worth $2.2 billion
TOKYO (Reuters) – Japan’s biggest airline, ANA Holdings, said on Friday it had ordered 15 jetliners from Boeing Co and Airbus Group worth $2.2 billion to bolster flights on domestic routes.
Google fourth-quarter revenue misses Wall Street target
SAN FRANCISCO (Reuters) – Google Inc’s revenue grew 15 percent in the fourth quarter but fell short of Wall Street’s target on declining online ad prices and unfavorable foreign exchange rates.
Visa reports better-than-expected profit
(Reuters) – Visa Inc , the world’s largest credit and debit card company, reported a better-than-expected quarterly profit on Thursday due to a good holiday season and a strengthening U.S. job market that encouraged people to spend.
Exclusive: U.S. federal safety regulators seek Takata whistleblowers
(Reuters) – U.S. vehicle safety regulators want to find whistleblowers with knowledge “of possible defects or any wrongdoing” by Takata Corp, stepping up pressure on the air bag maker whose products are linked to five deaths and dozens of injuries.
Amazon sales rise in holiday quarter, shares jump
SAN FRANCISCO (Reuters) – Amazon.com Inc reported stronger than expected earnings on Thursday as North American sales surged during the crucial holiday quarter, sending its shares up 9 percent.
Gap cuts design chief job as sales slowdown continues
CHICAGO (Reuters) – Gap Inc said on Thursday it has eliminated the role of creative director Rebekka Bay, the latest in a slew of changes in strategy as the apparel retailer attempts to revive sagging sales.
Cheaper gasoline helps Visa report better-than-expected profit
(Reuters) – Visa Inc , the world’s largest credit and debit card company, reported a better-than-expected quarterly profit on Thursday as a strengthening U.S. job market and cheaper gasoline prices encouraged people to spend.
Alibaba quarterly revenue disappoints, shares fall
BEIJING/SHANGHAI (Reuters) – Alibaba Group Holding Ltd’s shares fell more than 10 percent early on Thursday, wiping more than $25 billion of market value after third quarter revenue at the Chinese internet giant fell short of analysts’ expectations.
