Second quarter 2014 summary of unaudited results Royal Dutch Shell’s second quarter 2014 earnings, on a current cost of supplies (CCS) basis (see Note 2), were $5.1 billion compared with $2.4 billion for the same quarter a year ago. ...
China issued a notice Monday encouraging mergers, cash bonuses and share repurchases by listed companies as part of its efforts to push forward reforms of state-owned enterprises and promote the steady and healthy development of the capital ...
Tags: Cash Bonuses, Share Buybacks
Eight years after acquiring US rival, Reebok, seems like German sports gear marketer – Adidas has put Reebok on the block. According to WSJ, funds affiliated to the Abu Dhabi Government and a Hong Kong based private-equity investor ...
Tags: Reebok, Investors, Accessories
In its interim results for the first six months ending July 31, 2014, UK-based fashion retailer NEXT said it had a good first half, achieving sales and profits ahead of its original expectations. Led primarily by retail stores sales ...
Tags: Apparel, Fashion Apparel
BP announced its financial results for the second quarter of 2014. Underlying replacement cost profit for the quarter of 2014 was $3.6 billion, 34% higher than the $2.7 billion reported for the same period in 2013 and 13% higher than the ...
Tags: oil production, gas production
Cintas Corporation reported results for its third quarter ended February 28, 2014. Revenue for the third quarter was $1.13 billion, representing a 5.1% increase compared to last year’s third quarter. Adjusting for one more workday in ...
Tags: Cintas, Uniform Direct Sales, EPS
Corning Inc. (GLW) said its will take control of a joint venture with Samsung Electronics Co.'s (SSNHZ) business that makes LCD glass in Korea and receive a $1.9 billion investment in a series of transactions to strengthen collaboration ...
Tags: LCD Glass Venture, Samsung
Cintas Corporation reported revenue for its first quarter ended August 31, 2013, of $1.12 billion, a 6.6% increase compared to last year's first quarter. Adjusting for one less workday in this year's first quarter compared to last year's ...
Tags: Apparel, Accessories
Global healthcare company Abbott has permitted a new share repurchase program, valued at $3bn. The company gave nod for the repurchase from its common stock, which is believed to replace the company's previous $5bn program declared in ...
Shares pared an early rise as profit-taking emerged before the release of US non-farm payrolls data due overnight. Strong earnings results from Westpac and Macquarie Group, together with a jump in resources stocks initially boosted the ...
Tags: Payrolls Data, Stocks
Reuters reported that the departing chief executive of Norilsk Nickel, the Russian mining giant undergoing an ownership shakeup, will receive a USD 100 million severance deal. Two sources close to the company's shareholders said that ...
Tags: mining giant, mining, nickel, palladium, Norilsk Nickel, CEO
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
US retailer Kroger has raised its full-year earnings guidance after booking an increase in first-half profits. In the six months to the end of June, earnings climbed to US$718.4m from $713.1m a year earlier, the company reported today (7 ...
Tags: retailer, raised earnings guidance, supermarket, increase