Blue chips continued to climb to new heights, pushing beyond the record levels reached in yesterday's rally after a better-than-expected reading on the labour market. The Dow Jones Industrial Average climbed 42.47 points, or 0.3 per cent, ...
Tags: stock index, Stocks, Blue chips
Even though PC giants Hewlett-Packard and Dell reported significant year-over-year sales declines, tech stocks, buoyed by signs of confidence from other IT vendors, started to rise again Friday after slumping for most of the week. Vendors ...
Tags: Hewlett-Packard, Dell, IT industry
Despite PC giants HP and Dell reporting significant year-over-year sales declines, tech stocks, buoyed by signs of confidence from other IT vendors, began to rise again Friday after slumping for most of the week. Vendors in diverse ...
Tags: PC, HP, Dell, tech stocks
Shares in Hewlett-Packard rose six per cent on Wall Street yesterday following better than expected results for the three months to the end of January. While sales dropped by six per cent and profits declined by 16 per cent from the ...
Tags: Hewlett-Packard, sales, company news
SAP has reported third-quarter sales of €83m for its high-performance analytics appliance, HANA. Total revenue of €3.95bn was up 16% on the same quarter last year. The company said in a statement that HANA revenue is on track to ...
Tags: SAP, analytics appliance, HANA, cloud revenue
Tate and Lyle plc has sounded a note of caution on surging corn prices, which could dampen the group's full-year outlook. Corn prices have leapt in recent months, as the drought in the US and poor weather conditions in central and eastern ...
Tags: Tate&Lyle, corn prices, full-year outlook, weather conditions
Chinese infant formula group Synutra International has lowered its full-year outlook for a second time, having booked a second-quarter loss. The company said net losses totalled US$44.2m in the three months to the end of September, ...
Tags: Synutra, infant formula group, full-year outlook, second-quarter loss
A "strong" performance from Glanbia's nutrition ingredients business has led the Irish food group to lift its forecast for full-year earnings. Glanbia said it expects its adjusted earnings per share to increase 8-10% on a ...
Tags: Glanbia, nutrition ingredients, earnings, food industry
US grocer The Fresh Market has upped its full-year profit forecast after an increase in first-half earnings. The retailer raised its full-year outlook to earnings of $1.33 to $1.38 per share with 5.5% to 6.5% same-store sales growth. That ...
Tags: profit forecast, grocer, Operating income, profit, earnings
Shares in US retail giant Wal-Mart slid almost 3% in pre-open trading this morning (16 August), despite a 5.7% increase in second-quarter net income and an improved full-year outlook. The company said today that net income in the three ...
Swiss food company Nestléhas reported 11%increase in sales to CHF67.6bn($72.8bn)for the first nine months of 2012,compared to CHF60.8bn($65.4bn)for the same period in 2011. The company said its business increased by 11.7%in ...
Tags: business increased, emerging markets, developed markets
Limited Brands Inc.reported 2012 third quarter results and increased its 2012 full-year earnings guidance. Third Quarter Results Adjusted earnings per share for the third quarter ended Oct.27,2012 were$0.26 compared to$0.25 for the ...
. Highlights: July - September 2012: • Consolidated revenue was up 5.2 per cent to EUR 485.1 million (EUR 461.3 million). • Operating profit was up 12.5 per cent to EUR 17.1 million (EUR 15.2 million). January - ...
Tags: Stockmann, revenue, profit, grow steadily
Business software provider SAP has posted strong Q3 financial results,with cloud representing a key area of growth. The firm's software revenues rose to€1bn,a rise of 17 per cent compared with this time last year.Cloud subscriptions ...
Tags: FaceBook, Strong Q3 for SAP While, Mobile Revenue Growth
American food and beverage company PepsiCo reported that its net income for the third quarter 2012 fell 5% to $1.9bn, compared to $2bn during the previous year, due to increased spending on advertising, higher commodity costs and negative ...
Tags: net income, commodity costs, foreign-exchange, revenue