profit

Steel Prices Surge In China Amid High Demand

China’s Sees Upsurge In Industrial Sector, Profits Improve 9.8%

China's industrial sector gets a boost in profit as it gained a 9.8% year on year growth in October. The upsurge was a reselt of the improvement in the country's raw materials sector.

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Wednesday Laggards Are Utilities And Consumer Products

As of midday Wednesday, after the victory of Donald Trump in the US Presidential Elections, the shares of companies under the Utilities sector has underperformed other sectors.

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Agricultural Investment Is Still Alive At $25B Record Rise

Agricultural Investment Is Still Alive At $25B Record Rise

Agriculture Is now a Right investment With $25B Profit Record.

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SKOREA-SAMSUNG-EARNINGS

Samsung Estimated Strong Profit Growth in First Quarter

The Korean electronic giant predicted a high increase of profit in its earning guidance. Successful sales of Galaxy 7 flagship product is the main contributor for the profit growth.

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Sen. Charles Schumer Opens Google's New Offices In New York City

Silicon Valley Startups Are Buying Fewer High-End Bikes as Bonuses as They Seek to Cut Expenses

Bikes maker Palo Alto Bicycles, which Silicon Valley startups have often contacted to purchase high-end custom bikes for their employees, have confirmed a decline in sales. The declining sales are likely to be an indicator that startups are being more careful in spending money as investors got tighter in demanding profitability.

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U.S. Banks Post Near-Record Profits In Second Quarter Of 2014

JP Morgan Predicted a Fall in Profits for Investment Banks This Year

A research conducted by JP Morgan analysts revealed that global investment banks would suffer a fall in profits this year. The fall could differ between regions, but average earnings are estimated to be down by 20 percent and revenues by 21 percent. Challenging economic environment is believed to negatively affect the global investment markets.

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Recovery Operation Begins For AirAsia Wreckage Discovered In Indonesian Waters

AirAsia India CEO Mittu Chandilya to Leave the Airline Soon

AirAsia India’s head Mittu Chandilya is confirmed to soon leave the airline. The decision emerged after he previously expressed disfavour on the micro-management practiced by the airline’s parent company in Malaysia. His successor is yet to be decided, but it’s likely to be an executive from the parent airline.

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Burberry Accessory Shop Opening at Bloomingdales

Burberry Sued J.C. Penney for Selling Infringed Products Using Its Trademark Pattern

Burberry filed a lawsuit over the claim that U.S. retailer J.C. Penney sold infringed products. The retailer was accused of copying Burberry’s century-old pattern trademark and kept selling the product for up to two months after Burberry raised its objections.

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Nigerian Economy And Oil In Niger Delta And Port Harcourt

Nigeria's National Oil Company Announced an Annual Loss of $1.34 Billion

The loss is combined from its corporate service unit and its three refineries. The total annual loss was consistent with the company's continuing monthly loss over the past year. Nigeria, as Africa's biggest economy and largest oil producer, has been greatly suffered the oil prices fall.

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Christine Lagarde And Jim Yong Kim Address IMF-World Bank Group Annual Meetings

Business experts doubtful regarding future profits and sales

Business economists seem to be more doubtful regarding their companies' future profits and sales. According to a survey, these economists expect slower GDP growth.

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Publisher Pearsons To Sell Financial Times Newspaper

Pearson Revealed £320m Restructuring Plan Which Involves 4,000 Jobs Cut

The publishing company has experienced tough times in the market where profits declined and shares dropped. The plan is expected to deliver more earnings growth in the long run with the simplification and reducing of costs. The company's chief also attributed their difficult times to challenging markets and unpredictable changes.

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Mary Barra

GM sees improved profit in 2015 on China, U.S. growth

General Motors Co (GM.N) on Wednesday forecast its 2015 operating profit will increase from last year due mostly to growth in its two largest auto markets, China and the United States.

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Hewlett Packard

HP fourth-quarter revenue drops on weak enterprise demand

Hewlett-Packard Co said its quarterly revenue fell in almost every business segment over the year, highlighting weaknesses ahead of the company's planned 2015 separation of its enterprise services from its traditional computer and printing units.

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Cisco logo

Weak telecom spending, emerging markets weigh on Cisco forecast

Network equipment maker Cisco Systems Inc forecast current-quarter profit below analysts' average estimate, weighed down by capital budget cuts at telecom service providers and weak sales in emerging markets.

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AIG

AIG beats third-quarter estimates, will buy back more shares

Insurer American International Group (AIG.N) on Monday reported better-than-expected third quarter earnings, bolstered in part by improved performance at core insurance operations.

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