Samsung Electronics said its Galaxy S3 and Note 2 helped it to defy a shrinking smartphone market in the first quarter, boosting its overall profits by 42% from a year ago. The company said Friday its net profit was a record $6.4 billion ...
Tags: Samsung, Computer Products
Intel, the world's largest chip manufacturer, has not adjusted its sales forecasts for 2013, despite a drop in first quarter revenue and a slump in PC sales. Revenue for Q1 2013 was $12.6bn (£8.2bn), down from $12.9bn (£8.4bn) ...
Tags: Computer Products, Intel
On March 12, Audi announced the financial report of 2012. Audi revenue, operating profit, net profit and sales increased year-on-year last year, but operating profit increased less than 1%, far below the level of previous years. In 2012, ...
Tags: Audi, Sales, operating income
Britain’s fourth largest supermarket Morrisons has revealed plans to start selling food online by the end of the year and open more convenience stores in its latest financial results, which reported profit before tax down by 4% to ...
Tags: Morrisons, Online, Convenience
PepsiCo has posted a fall in full-year profits and sales as a 53rd week in 2011 results left a tough comparison. Net profits were down by 4% to US$6.18bn in 2012, the New York-based company said today (14 February). Net sales slipped by ...
Tags: PepsiCo, profits and sales, tough comparison
Post-it Notes and other office products helped 3M record a 3.9 per cent increase in fourth quarter profits. 3M said profits grew in its consumer and office business, which makes Scotch tape and Post-it notes, as well as in its health care ...
Tags: 3M, office products, Office Supplies
Yanbu Cement has announced a net profit of $192m (SR: 720m) for 2012 - a 36.1% increase on 2011. The company said that the increase had been achieved as a result of improved sales and the fact that it had started production at its fifth ...
Tags: Yanbu Cement, increase, company news, Construction
Google's share price fell after disappointing third quarter financial results were released early by mistake and trading in shares was suspended for two-and-a-half hours. The internet company's quarterly profits fell 20% from a year ...
Tags: Google, share price, fall, Nasdaq
CGI, the Canadian IT firm that is acquiring UK outsourcer Logica, has announced a fall in net income of 30% following the takeover announcement. For its third-quarter results for the three months to June, the company saw sales increase by ...
Tags: CGI, net income, UK outsourcer Logica, Profit
Telecoms kit maker Alcatel-Lucent is to cut 5,000 jobs as part of a move to save EUR750m (GBP 588m) amid results which saw the company haemorrhaging profits for the second quarter. For the three months to June, the company lost EUR254m in ...
Tags: Telecoms, haemorrhaging profits, second quarter, company news
Apple sold 27 million iPhones and 14 million iPads in the last quarter of 2012, swelling its revenue by 27 percent, but its profits fell short of what analysts had been expecting. Apple's net profit for the quarter, ended Sept. 29, was ...
Tags: Apple, highlightedpost, iPhone, net profit, profit forecast, quarterr
Symantec has sacked CEO Enrique Salem as the security supplier's profits fell in its latest results. The news follows Symantec’s first quarter results which saw profits fall by 10% to $172m (pound 111m) for its first quarter and ...
UK retailer Marks and Spencer today (22 May) hailed the "strong" performance of its food business, which posted higher sales and margins in a year when company-wide profits fell. The company reported a 0.2% fall in underlying pre-tax ...
Tags: Marks and Spencer, food business, sales, profit
Canadian Business reported that a hit to electricity contracts with aluminum smelters reduced Hydro Quebec's profits in the Q3. Excluding a charge related to the planned closure of the Gentilly-2 nuclear reactor the public utility's ...
Canadian supermarket group Loblaw has said profits fell during the third quarter as one-time items weighed on the bottom line. Loblaw's net income fell by 5.9% to C$222m (US$222m) after charges including C$29m related to its ongoing IT ...
Tags: net income, Sales, shareholder value