Yahoo's profits rose by 46 percent in the second quarter, aided by nearly a dozen product launches, though sales at the company were still down. Net earnings for the quarter ended June 30 were $331 million, up from $227 million for the ...
The slowdown in the PC market decisively caught up with Intel today following second quarter results in which revenues fell by 5.1 per cent compared to the same quarter in 2012. The company posted revenues of $12.8bn in the second quarter ...
Tags: PC
IBM saw its net income for its second quarter of 2013 drop by 17 per cent compared to the same period in 2012. The company earned $3.23bn, compared with $3.9bn 12 months ago. Total revenue for Q2 stood at $24.9bn, down three per cent on ...
Tags: IBM, economy, Computer Products
A rebound for IBM failed to materialise in the second quarter, as profit and sales declined along with a slump in revenue from hardware and services. However, in its quarterly financial report Thursday, the company raised its forecast for ...
Tags: Computer Products, IBM, software
Specialist meat packer Hilton Food Group's strategy of operating with one customer per market could lead it to benefit from the horsemeat crisis, predicted City analyst Shore Capital. Hilton Foods' business model of one customer per ...
Tags: Hilton Foods, Agriculture, Food
Najran Cement Company has said that its profits for the second quarter of 2013 increased by 140% year-on-year to $17.3m, while profits for the half year were up by 41% to $40.3m (SR: 151.2m). The company said the reason for the ...
Tags: Construction, Decoration, Cement
Saudi cement firms, Yanbu Cement Co and Saudi Cement Co, have both announced positive results for the second quarter of 2013. Yanbu posted a 26.9% increase in net profit for the period to $73.1m (SAR 274m), up from last year's ...
Tags: Cement, Construction, Decoration
Jiangling Motors Company (JMC) announces to achieve a net profit of 938 million yuan in the first half of 2013, up by 11.43% over the same period of last year with 1.09 yuan earnings per share. According to the announcement, the sales ...
Tags: Net Profit, Transportation
The Australian share market fell today as Japan's share market succumbed to profit taking, reports from Orica and Santos disappointed the market, and some traders predicted a sharp fall in the US share market. Investors were sidelined ...
Tags: Japan Fall, US Worries
PPG Industries reported record second quarter net sales in 2013 of $4.1 billion, up 16 percent versus the prior year, according to a PPG press release. “We achieved new sales and adjusted earnings records due to the continued strong ...
Tags: Glass Segment, Construction
China Specialty Glass AG ("CSG"), holding company of one of the largest producers of security glass in China, looks back on another successful financial year 2012 with high growth in revenues and earnings. -Revenue growth by 47.9 per ...
Tags: Specialty Glass, Strong Growth
PPG Industries reported record second-quarter net sales in 2013 of $4.1 billion, up 16 percent versus the prior year, but company glass sales dipped in what chairman and chief executive officer Charles E. Bunch calls a ...
It’s reported that the US steelmaker Nucor announced its net earnings in the second quarter of this year totaled US$85.1 million, increasing slightly from a quarter ago but falling by 24% in comparison of net earnings of US$112.3 ...
KapStone Paper and Packaging has completed the previously announced stock purchase of US containerboard manufacturer Longview Fibre Paper and Packaging for $1.03bn. KapStone chairman and chief executive officer Roger Stone said the ...
Tags: KapStone Paper, Packaging
Johnson & Johnson, a New Jersey-based health care firm, has reported that its profits in the second quarter of fiscal 2013 has more than doubled, partly due to strong sales of medical-devices and medicines. In the second quarter, the net ...