profit

Samsung Electronics third-quarter operating profit down 60.1 percent on year

Samsung Electronics Co Ltd (005930.KS) said third-quarter profit fell 60.1 percent from a year earlier to the lowest in more than three years, as earnings for the mobile division continued to shrink.

Read Full Article

Wall St. finally turning on Amazon as Bezos magic fades

Amazon.com Inc's (AMZN.O) once fairy-tale ride on Wall Street has hit its most jarring bump yet. The company that for years enthralled investors with improbable growth and earned one of the technology sector's highest valuations drew widespread ire after a spectacular results letdown on Thursday.

Read Full Article

Coca-Cola Co profit falls; company expands cost-cutting

Coca-Cola Co (KO.N) said on Tuesday that its quarterly profit fell 14 percent as sales of carbonated beverage volumes in North America declined.

Read Full Article

BlackRock's third-quarter profit rises 26 percent

BlackRock Inc (BLK.N), the world's largest money manager, said on Wednesday that its third-quarter profit rose 26 percent. The New York-based asset manager reported net income of $917 million, or $5.37 per share, up from $730 million, or $4.21 per share, a year earlier.

Read Full Article

Nike shares spike as profit beats estimates

Nike Inc's (NKE.N) shares rose as much as 11 percent to a record high after the world's largest sportswear maker reported a better-than-expected quarterly profit, prompting at least 13 brokerages to raise their price targets on its stock.

Read Full Article

After China, GlaxoSmithKline faces pressure for change

GlaxoSmithKline may have closed one chapter in a saga of corruption allegations by accepting a $489 million fine in China, but the drugmaker has its work cut out to win back skeptical investors.

Read Full Article

Bank of America shares to rise 50 percent in three years: Barron's

Bank of America Corp (BAC.N), the second-largest U.S. bank by total assets, could see its shares climb 50 percent over the next three years, Barron's financial newspaper said on Sunday.

Read Full Article

Axis MF set to make profit for the year

Axis MF, the fund management firm backed by Axis bank, is projecting to be in the black for the year because of its diversified offers.

Read Full Article

Retailers look to collect profit in online grocery

European retailers had been looking to get more profit through online food businesses as the grocery segment make up around 40% of retail sales.

Read Full Article

Tax charges and a merger make Julius Baer's profit fall

Julius Baer's profit fall 30% due to tax charges and a merger.

Read Full Article

First Data Corporation and Profit Technologies merge for Asian financial market

First Data Corporation and Profit Technologies announced that they would work together to provide better service to financial clients in the Asian market.

Read Full Article

Hiscox To Return GBP200 million to Shareholders

Hiscox announce dividends for its shareholders.

Read Full Article

Verizon wireless profit margin disappoints, shares off

Verizon on Tuesday posted weaker-than-expected wireless operating profit margin due to hefty costs from the sale of smartphones like Apple's iPhone

Read Full Article
1 2

Subscribe to VCpost newsletter

Sign up for our Deals of the Day newsletter.
We will not spam you!

Real Time Analytics