Basque region, Spain-based seamless stainless steel pipe producer Tubacex has announced its financial results for the first quarter of the current year. Net profit totaled €3.53 million in the given quarter, tripling the net profit ...
Tags: Basque region, Net Profit
Amsterdam-based ING group has reported 38.2% increase in its total underlying net profit for the first quarter of 2013, which stood at €800m compared to €579m during the same period earlier year. For the three months ended on 31 ...
Tags: ING, Net Profit
The sharemarket surged to its highest closing level in almost five years yesterday, with the materials sector leading relatively broad-based gains after China reported stronger than expected trade data, Wall Street hit record highs and spot ...
Tags: Stocks, China Data
The sharemarket has closed at its best level in almost five years, driven by record US market highs and positive Chinese trade data. The benchmark S&P/ASX200 index closed up 56.1 points, or 1.09 per cent, at 5199.8 points. The broader ...
Tags: CMC Markets, economy
Acer said its net profit for the first quarter grew 55 percent year-over-year, but its revenue continued to decline amid struggling PC sales. The Taiwanese PC maker's net profit reached NT$515 million (US$17.4 million), an increase from ...
Tags: PC notebooks, Acer
Taiwanese PC maker Asus plans on getting behind Google's Chrome OS and will launch a notebook running the OS in the second half of this year, said company CEO Jerry Shen. The Google-developed OS is still in its early stages, but "market ...
Tags: Asus, Chromebook
Tenaris, Luxembourg-based energy pipe and tube maker launched its financial results for the quarter of this year. The company posted a net profit of US$423 million for the first quarter of this year, falling by 6% year on year. In the first ...
Tags: energy pipe, tube maker
Reportedly, France’s steel pipe maker Vallourec posted a net profit of €35 million for the first quarter of this year, soaring by 21% year on year. In the given period of time, the company’s sales revenues totaled ...
Tags: steel pipe maker, Vallourec
Shandong Province-based Rizhao Baoxin Mining Resources Co. and Hunan Province-based Baosteel Steel Process and Distribution Co., both subsidiaries of Shanghai-based Baoshan Iron and Steel Co. Ltd (Baosteel), plan to sell 51 percent and 49 ...
Tags: Baosteel Subsidiaries, Shares
Luxembourg-based energy pipe and tube manufacturer Tenaris has announced its financial results for the first quarter of 2013, registering a net profit of $423 million, down six percent compared to the corresponding quarter of 2012. In the ...
Tags: Tenaris, Net Profit
Chinese telecom equipment and network solution provider Huawei Technologies Co., Ltd. will not debut on the stock market within five to ten years. The Shenzhen-based firm was brought under the limelight owning to problems regarding to ...
Tags: Computer Products, Electrical, Electronics
Wuhan Iron and Steel Corp. (Wisco) realized sales revenues of RMB70 billion with profits of RMB506 million in the first four months of this year, rising by 5% and 168% year on year respectively. In the first quarter of this year, Wisco ...
Ezz Steel, the largest steelmaker in Egypt posted a net profit of EGP 8 million for 2012, slumping from EGP 202 million in a year ago. Meanwhile, Ezz Steel realized sales revenues of EGP19.8 million, rising by 6% year on year. Ezz Steel ...
Tags: Egyptian Ezz Steel, Steel
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
The sharemarket 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 ...