Latest news with #orders
Bloomberg
4 days ago
- Business
- Bloomberg
Siemens Revenue Climbs On Robust Demand For Rail Products
Siemens AG 's revenue and orders rose in its fiscal third quarter after robust demand for the German industrial manufacturer's rail products offset a sharp decline at the software business. Comparable revenue for the period rose 5% to €19.4 billion ($22.7 billion), Siemens said Thursday. Orders at the mobility division more than tripled, including a €3.5 billion deal for a turnkey rail system in Egypt. The company confirmed its full-year guidance.
Bloomberg
4 days ago
- Business
- Bloomberg
DoorDash Gives Rosy Outlook as Delivery Orders Hit Record
DoorDash Inc., the largest food delivery service in the US, issued an outlook for orders in the third quarter that surpassed Wall Street's expectations, a sign that demand for its services remains resilient despite broader concerns about consumer spending. The company sees gross order value for the three months ending September in the range of $24.2 billion to $24.7 billion, exceeding the average Bloomberg-compiled estimate of $23.8 billion.
Yahoo
7 days ago
- Business
- Yahoo
German engineering orders fall 5% in June on tariff uncertainty
BERLIN (Reuters) -German engineering orders fell 5% in June compared with a year earlier, with dips in both domestic and foreign demand reflecting uncertainty caused by trade tensions, engineering association VDMA said on Monday. Domestic and foreign orders both decreased by 5% in June, with a 16% surge in demand from euro zone countries offset by a 13% fall from outside the currency bloc, the VDMA said in a statement. In the April-to-June quarter, orders fell 2%, primarily due to the tariff dispute between the United States and the EU, said the VDMA. "It is not yet possible to estimate what impact the now planned 15% tariff on imports into the U.S. will have on mechanical engineering," VDMA chief economist Johannes Gernandt said of the trade deal that was agreed late last month. "At least companies now planning security, albeit at a high cost - if the 'deal' holds," added Gernandt. The first six months of the year, by contrast, had seen a slight increase in real terms of 1%, which Gernandt attributed to rising demand from countries within the euro zone. This is "likely a positive sign that Europe is truly strengthening its position as a business location," he added. CHANGE JUNE overall -5% y/y of which German -5% y/y foreign -5% y/y -2% y/y APRIL TO JUNE of which German -2% y/y foreign -1% y/y Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
31-07-2025
- Business
- Bloomberg
Bombardier Reports Strongest Jet Order Volume in Over a Decade
Bombardier Inc. had its strongest quarter for business jet orders in over a decade and says it's on track to meet its full-year guidance. The private jet-maker's order backlog reached $16.1 billion in the second quarter, a nearly $2 billion boost from the prior quarter. The company said the jump was fueled by an order of 50 aircraft and a new maintenance services partnership, both from first-time customers.
Bloomberg
25-07-2025
- Business
- Bloomberg
US Core Capital Goods Orders Decline Amid Policy Uncertainty
By Updated on Save Orders placed with US factories for business equipment unexpectedly declined in June, suggesting companies remained cautious about capital spending due to trade and fiscal policy uncertainty. The value of core capital goods orders, a proxy for investment in equipment excluding aircraft and military hardware, decreased 0.7% last month after an upwardly revised 2% gain in May, Commerce Department figures showed Friday.
