collected by :Ros Roger
referring to Shares in Atos dropped 7 per cent after the French IT company unveiled its half-year results and a $3.4bn acquisition of US-based Syntel. Excluding the effect of acquisitions as well, revenues climbed 1.7 per cent year-on-year. Atos said the purchase of Syntel, announced on Sunday evening, should help to boost its presence on the continent and "significantly accelerate its development in North America". In Atos's case, its disappointing business performance is all the starker when compared against improving growth at peer Cap Gemini. Please don't copy articles from FT.com and redistribute by email or post to the web.
referring to
![Tesla shares drop on report it asked suppliers for refunds]()
Shares of Tesla Inc fell as much as 6.6 per cent on Monday after a report that the electric car maker has turned to some suppliers for a refund of previously made payments in a bid to turn a profit. Tesla has asked some suppliers to refund money paid by the electric car maker since 2016, the Wall Street Journal reported on Sunday citing a memo. Tesla had about $3.2 billion in cash as of the first quarter ended March 31, after spending about $1 billion in the quarter. Tesla has said the company will be profitable in the third and fourth quarters of the year. Last month, Tesla said it was cutting several thousand jobs to become sustainably profitable without endangering the ramp up of Model 3 production.
referring to
(Reuters) - Shares of Tesla Inc (TSLA.O) fell as much as 6.6 percent on Monday after a report that the electric car maker has turned to some suppliers for a refund of previously made payments in a bid to turn a profit. Tesla has asked some suppliers to refund money paid by the electric car maker since 2016, the Wall Street Journal reported here on Sunday citing a memo. ADVERTISEMENTFILE PHOTO: A row of new Tesla Model 3 electric vehicles is seen at a parking lot in Richmond, California, U.S. June 22, 2018. Tesla has said the company will be profitable in the third and fourth quarters of the year. Last month, Tesla said it was cutting several thousand jobs to become sustainably profitable without endangering the ramp up of Model 3 production.
referring to Shares in Atos dropped 7 per cent after the French IT company unveiled its half-year results and a $3.4bn acquisition of US-based Syntel. Excluding the effect of acquisitions as well, revenues climbed 1.7 per cent year-on-year. Atos said the purchase of Syntel, announced on Sunday evening, should help to boost its presence on the continent and "significantly accelerate its development in North America". In Atos's case, its disappointing business performance is all the starker when compared against improving growth at peer Cap Gemini. Please don't copy articles from FT.com and redistribute by email or post to the web.
referring to
Tesla shares drop on report it asked suppliers for refunds
Shares of Tesla Inc fell as much as 6.6 per cent on Monday after a report that the electric car maker has turned to some suppliers for a refund of previously made payments in a bid to turn a profit. Tesla has asked some suppliers to refund money paid by the electric car maker since 2016, the Wall Street Journal reported on Sunday citing a memo. Tesla had about $3.2 billion in cash as of the first quarter ended March 31, after spending about $1 billion in the quarter. Tesla has said the company will be profitable in the third and fourth quarters of the year. Last month, Tesla said it was cutting several thousand jobs to become sustainably profitable without endangering the ramp up of Model 3 production.
referring to
(Reuters) - Shares of Tesla Inc (TSLA.O) fell as much as 6.6 percent on Monday after a report that the electric car maker has turned to some suppliers for a refund of previously made payments in a bid to turn a profit. Tesla has asked some suppliers to refund money paid by the electric car maker since 2016, the Wall Street Journal reported here on Sunday citing a memo. ADVERTISEMENTFILE PHOTO: A row of new Tesla Model 3 electric vehicles is seen at a parking lot in Richmond, California, U.S. June 22, 2018. Tesla has said the company will be profitable in the third and fourth quarters of the year. Last month, Tesla said it was cutting several thousand jobs to become sustainably profitable without endangering the ramp up of Model 3 production.