Huawei' s sales of smartphones and other consumer products rose 30% in the first half of this year. The company said its strategy of focusing more on mid- to high-end smartphones, rather than selling the cheapest phones on the market, is working well.
The parents of American Airlines and United Airlines unveiled stock-buyback plans, continuing the transformation of the country's largest carriers from bankruptcy into some of the most profitable in the world.
Under Armour has found a bright spot in the retail industry, clocking 34% revenue growth thanks to substantial gains in athletic apparel and footwear. The company raised its full-year outlook for sales and profit.