Six months ago, the manufacturers were penciling price declines into their forecasts for the year, but sales prices have turned out better than expected.
The company’s strategy to set prices low for Echo speakers and other smart devices, expecting them to generate income elsewhere in the tech giant, hasn’t paid off.
Woodside Energy is seeking to advance talks on the possible sale of a stake in the Driftwood LNG development in the southern U.S. in parallel with efforts to complete a $900 million acquisition of the project’s owner Tellurian.