Drug maker pfizer has just authorized a new 11 billion Share Buyback program in addition to the 1 billion remaining on the companys buyback plan. Their sales have been declining since 2011. They blame generic drugs for stealing sales from block busters like lipitor and viagra. Streaming Radio Service pandora said sales rose and revenue from mobile grew 52 . Listener hours were up and the companys active listener base grew more than 5 . Still, their forecast for the Current Quarter is short of estimates. That has shares trading down. Facebook launched a new ios app called rooms. It comes from facebooks creative labs and is the companys latest attempt to build standalone apps independent of the social network. Now to our lede. Looks like amazon investors will have to wait more before it starts turning a profit. Amazon posted a wider loss of 437 million on revenue of more than 20 billion. The c. E. O. Is still spending, opening up everything from the pending 1 billion purchase of twitch,
SolarEdge forecasts third-quarter revenue below estimates as demand wanes reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.
SolarEdge Technologies
forecast third-quarter revenue below Wall Street estimates as
demand slows for its solar inverters in the United States and
Europe, sending its shares nearly 13% lower in.
SolarEdge forecasts third-quarter revenue below estimates as demand wanes reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.