Standard Chartered: Blip in Bank's Winning Streak
As emerging market bank's stock tanks, Lianna Brinded wonders if it is losing its edge.
European Markets Mixed Ahead of Earnings Reports
Investors are awaiting earnings reports despite positive Asia performance.
Standard Chartered Profit Hit By Higher Expenses and Charges
Operating profit for first quarter falls slightly despite increase in revenues.
LG Smartphone Business Booming as TV Sales Stagnate
LG has reported strong smartphone sales, but declining TV demand means first profit decline in five quarters.
UK Service Sector Expands At Fastest Rate Since August Easing Triple Dip Recession Concerns - Markit PMI
Purchasing manager surveys from private service sector firms show highest rate of activity growth since August.
Swatch 2012 Profit Soars 26% on Production Expansion
Swatch Group posts 26% increase in net income due to higher sales and better margins.
Diageo Boosts Dividend After Solid First Half
Spirits giant Diageo said US premium pricing strategy and growing middle class market in emerging economies lifted interim results.
Samsung's Fourth-Quarter Profit Surges to Record 76% as Mobile Earnings Double
Samsung posts better-than-expected profit in fourth quarter on high earnings from chip business and smartphone sales.
Unilever Shares Hit Record High After Profits Rise and Sales Pass €50bn
Emerging market sales now more than half of total revenues for second-largest consumer brands group
GE Earnings Beat Forecast, Order Backlog Hits Record $210bn
World's biggest jet engine maker says Industrial unit ready to deliver "double-digit" earnings growth in 2013
Bovis Homes Sees Full-Year Profit Ahead of Market Projections
Pre-tax profit for the fiscal year was driven by an increase in average sales price, higher investment in consented land and improved operating margins.
AB Foods Sees Higher Profits on Primark Christmas Surge
George Weston-controlled group sees 25 percent sales gain at Primark
Wolseley Shares Steady After Solid Profit Jump Amid US Market Growth
World's biggest supplier of plumbing and heating products says US growth solid but will review its operations in France
Shell Profits Tumble on Lower Crude Oil Prices and Dampened Output
Shell cites lower crude oil and depressed output for its tumble in supply profits but keeps dividends steady
WPP Share Price Dips on Q3 Profit Taking
Shares in WPP were down on the FTSE 100 in morning trading after the group reported a rise in revenue in the third quarter of 1.6 per cent to just under £2.5 billion.
HTC Profits Drop 79% From Last Year
HTC has posted profits down 79 for the third quarter, missing out on analyst expectations.
UK Inflation Rises Unexpectedly in July to 2.6% Beats Bank of England Target
Soaring air fare and eased clothing discounting pushed UK CPI inflation up in July
Hare Markets vs Tortoise Legislatures, No Matter What European Summits Decide
It's all somewhat worrying when financial items in much of the world's media refer to "ESM bailout funds" as if the European Stability Mechanism were already well established and operating in Luxembourg. Initially hoped to be up and running by July 2012 after a final draft was agreed by Eurozone leaders in Brussels on 02 February 2012, the ratification process, progressing fairly well up to the Netherland's Queen Beatrix granting Royal Assent on 05 July with formal endorsement on...
Will Apple Launch an iPad Mini?
Following a lot of speculation this week, we look at the pros and cons for Apple launching a 7in iPad mini.
Serco Group Maintains Robust Order Book, Sees Good Revenue Visibility and Tough US Market Ahead
Serco's order book stood at almost £18 billion at the end of the year 2011, providing revenue visibility of 92 percent for 2012, 80 percent for 2013 and 70 percent for 2014.
Lufthansa To Axe 3,500 jobs Amid Turbulent Times
Germany's largest airline announces a headcount cull in order to reduce costs and return to profitability, despite a rise in revenue in Q1 2012.
France Telecom Profit Falls Following Tough Competition
The former state-owned monopoly says the future is still bright, despite unveiling a decline in profits, operating margins and net clients, following tough competition from new French mobile operator Iliad.
Aberdeen Asset Management Shares Hit 10-Year High After First Half Profit Release
Aberdeen Asset Management's portfolio nears £185bn as group ups dividend by 4.4 percent
Aberdeen Asset Management Set to Deliver Strong H1 Performance, Added to Brokers 'Buy' List
Driven by the recovery in investor confidence and risk appetite, Aberdeen Asset Management reported net new inflows of £1.4 billion during the first two months of 2012. The group is scheduled to release its interim results for the six months ended March 31 on Monday, April 30.
Amazon Sales Grow 34% While Profits Drop 35%
Amazon's aggressive spending strategy has seen sales growth by 34%, with the Kindle Fire dominating the Android tablet market.
Samsung Reveals Galaxy S3 Name at First Quarter 2012 Results
Samsung Electronics expects strong demand for its Galaxy S3.
BASF Profits Energised by Oil and Gas Unit
Germany's BASF's oil and gas unit buoys up profits, after the chemicals business disappoints
Novartis Earnings Slump As US Work Stoppage Hits Sales
Shares fall as Swiss drugmaker maintains cautious outlook for 2012
Halfords Group Shares Plunge on Weak Trading, Expects Dismal Outlook
Halfords Group's shares dropped as much as 3.3 percent after disappointing trading update ahead of its full-year earnings.
WPP to Acquire Carnation Internet, Strengthens Digital Capabilities
WPP Plc through its wholly-owned global interactive marketing agency, Possible Worldwide, has agreed to acquire Carnation Internet Tanacsado Zrt in Hungary through a share purchase.