Microsoft's profits for the third quarter jumped 19 per cent as its core Windows division reported higher sales, despite reports of tanking sales for personal computers. Microsoft's Q3 earnings report follows figures released by IT ...
Tags: PC, Microsoft, Consumer Electronics
Heinz has reported underlying third-quarter earnings that beat Wall Street forecasts, although its sales came in under analyst estimates. The US food giant yesterday (21 February) booked earnings per share for continuing operations and ...
Tags: Heinz, food giant, food
Mobile US advertising is expected to rise 180% this year. A report by eMarketer that US mobile ad spending has skyrocketed, with a large majority attributed to ad formats like Facebook's newsfeed ads and Twitter's promoted products. ...
Tags: Mobile, Advertising, Mobile Advertising, Consumer Electronics
US retailer Kroger has increased its full-year profit forecast after reporting a rise in third-quarter earnings. In the three-month period ended 3 November, earnings climbed to US$316.5m from $195.9m a year earlier, which included a ...
Tags: Kroger, profit, earnings rise, profit forecast
Kraft Foods Group booked a 13% rise in earnings during the third-quarter, as the group benefited from its "leaner" post-spin structure and spent more on advertising. Reporting its first set of results following its spin-off from global ...
Tags: Q3 earnings, Net revenue, Q4 sales
US speciality retailer The Fresh Market has booked an increase is profit in the third quarter. Earnings in the three months ended 28 October climbed 19% to US$10.9m, the company reported yesterday (28 November). CEO Craig Carlock said the ...
Tags: Net profit, Operating profit, Net sales
Dana Gas, in talks to restructure USD 920 million Islamic bond is offering bondholders cash and an average 8 per cent coupon on two new sukuks to replace the existing one. Two sources said that the natural gas producer became the first ...
Tags: Dana, natural gas, Ashmore Group, BlackRock
PITTSBURGH, PA (BRAIN) — Fueled by strong online sales, third-quarter net income at Dick’s Sporting Goods Inc. rose 21 percent, to $50.1 million from $41.5 million a year earlier. Dick’s, which also operates golf ...
Chico's FAS Inc. announced its financial results for the fiscal 2012 third quarter and thirty-nine weeks ended October 27, 2012. For the third quarter, the Company reported net income of $41.7 million, an increase of 57.4% compared to net ...
Tags: United States of America, Chico, Earnings
The Children's Place Retail Stores Inc.,the largest pure-play children's specialty apparel retailer in North America,announced third quarter net sales increased 3%to$500.9 million for the thirteen weeks ended October 27,2012,compared ...
Tags: Children's Place, Earnings, apparel retailer, net sales
Dutch ingredients group DSM has seen third-quarter earnings drop by almost one-quarter,despite what it described as a"strong"performance from its nutrition business. EBITDA dropped 23%to EUR270m(US$346m)in the three months to ...
Tags: earnings, total sales, currency exchange, acquisitions
Stanley Black & Decker (NYSE: SWK) said fiscal third-quarter earnings slipped as margins narrowed, triggering the power tool maker to revise its fiscal 2012 forecast. Net earnings attributable to shareholders fell to $115 million or 69 ...
Tags: Market View, power tool
Shares in technology giants Intel and IBM dropped as both companies showed weakness in their third quarter revenues. Chip manufacturer Intel reported a quarterly revenue of $13.46bn (£8.32bn), down from $14.23bn (£8.8bn) in ...
Tags: Intel, IBM, Mark Loughridge, Windows
Chip manufacturer Intel is to let go of a "small percentage" of the workforce at its McAfee computer security business. Intel completed its acquisition of McAfee in February 2011 for $7.7bn (£4.8bn). At the time, Renée James, ...
Tags: Intel, Mcafee, Atom Z2760, chip manufacturer
Trading in Google shares was halted today on Nasdaq after poor earnings figures were released-apparently prematurely. The search firm blamed financial print service provider RR Donnelley for releasing its quarterly earnings figures a few ...
Tags: Nasdaq, Google, RR Donnelley, Motorola