revenue

Etihad Creates New Revenue Division

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Arik De Etihad Airways has created a new revenue division and promoted Arik De to chief revenue officer, a newly created position, effective immediately, the carrier announced Wednesday. De since April 2022 had been VP of revenue and commerce at Etihad. De will report to Etihad CEO Antonoaldo Neves and oversee revenue management, distribution and … Read more

CBRE: U.S. Hotels’ F&B Revenue Trails Pre-Covid Levels

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CBRE Hotels Research cites staffing shortages, cost control and straggling group travel through April 2022 among the top causes for the U.S. hotel industry’s lagging food and beverage department revenue, according to a recent company report.  While U.S. hotel rates and revenue per available room in 2022 peaked over pre-pandemic levels in 2022, which CBRE forecast … Read more

Apple’s iPhone Issues Could Hit Revenue. Why Analysts Say Not to Worry.

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Apple is facing delivery problems for some iPhones as issues at a critical factory in China continue. But analysts are playing down the potential long-term impact on the company. Apple (ticker: AAPL) has had a turbulent couple of weeks. At the end of October, media reports came out that the largest iPhone factory, a Foxconn … Read more

Deere stock surges after revenue beats by more than $2 billion as infrastructure spending provides a boost

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Shares of Deere & Co. DE, +1.18% surged 3.7% toward a seven-month high in premarket trading Wednesday, after the agriculture, construction and forestry equipment maker reported fiscal fourth-quarter sales that were well above expectations, and provided an upbeat full-year outlook, citing positive farm fundamentals and fleet dynamics and increased investment in infrastructure. Net income rose … Read more