February 5, 2015 11:10 am
Vodafone Group Plc reported on Thursday an improvement in revenue drops during the third quarter as the British company benefited from increased traffic on its 4G networks. The worlds second-biggest mobile carrier by subscribers stated a group service revenue, excluding mergers and acquisitions, of £9.79 billion for the three months ended December 31, down 0.4% […]
Read moreFebruary 5, 2015 9:36 am
McDonald’s Holdings Co. (Japan) Ltd. posted on Thursday its first annual loss in eleven years as the fast-food restaurant chain struggled to deal with food scandals through 2014. The Japanese division of the worlds largest fast-food restaurant chain booked a net loss of ¥21.84 billion for the twelve months ended December, versus the ¥5.14 billion […]
Read moreFebruary 4, 2015 4:08 pm
Banco Bilbao Vizcaya Argentaria reported on Wednesday quarterly performance that exceeded projections as the second-largest bank in Spain benefited from continued recovery at home. The company stated net income of €689 million during the three months ended December 31, compared to a loss of €849 million in the fourth quarter of 2013. However, the below-zero […]
Read moreFebruary 4, 2015 2:30 pm
General Motors Co announced on Wednesday a fourth quarter profit well above estimates as lower gasoline prices boosted high-margin vehicle sales, which offset the impact of recalls. Adjusted earnings per share came in at $1.19 for the three months ended December compared to the $0.67 per-share earnings the company reported a year ago. Analysts polled […]
Read moreFebruary 4, 2015 1:02 pm
Toyota Motor Corp reported on Wednesday better-than-expected quarterly results and lifted its full-year net profit forecast as the Japanese company continued to benefit from the weaker yen. The car giant based in Toyota City announced it now expects net income for the twelve months ending March to land at record ¥2.13 trillion, a 16.8% increase […]
Read moreFebruary 4, 2015 10:56 am
Sky Plc reported on Wednesday an increase in earnings as the European pay-television operator benefited from a record customer growth in its UK and Irish operations. Rupert Murdoch-controlled Sky said adjusted revenue climbed to £5.6 billion during the six months ended December 31 from £5.3 billion a year ago. Net profit stood at £1.09 billion […]
Read moreFebruary 4, 2015 9:15 am
Sony Corp projected on Wednesday a smaller loss during 2014 as the Japanese company benefited from higher demand for its image sensors and PlayStation 4 gaming consoles. The Tokyo-based company estimated that net loss for the financial year ending March 31 would be ¥170 billion, previously Sony projected it would report a loss of ¥230 […]
Read moreFebruary 3, 2015 4:10 pm
BG Group Plc announced on Tuesday it has written down the value of its oil and gas business by nearly $9 billion as lower oil prices claim another victim. The natural gas producer stated a net loss of $5 billion during the three months ended December, significantly higher than the $1.08 billion loss the company […]
Read moreFebruary 3, 2015 2:35 pm
Banco Santander SA reported on Tuesday a 68% increase in profit as Spains largest bank set aside less provisions for bad loans and benefited from increased revenues. The company reported net income of €1.46 billion for the three months ended December, compared to the €864 million reported in the fourth quarter of 2013. Results mirrored […]
Read moreFebruary 3, 2015 1:21 pm
Japans Sharp Corp. warned on Tuesday it would report another annual loss as smartphone display sales suffer from increased competition and limited Chinese reach. Smartphone makers across the world have suffered from lower sales as customers prefer low-cost Asian handset makers, including Xiaomi and Coolpad. Display maker Sharp is headed for a third annual loss […]
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