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ONGC sees new subsidy rules boosting first-quarter profit| Reuters

May 28, 2015 at 23:30 | Source: FirstPost

NEW DELHI India's top energy explorer Oil and Natural Gas Corp(ONGC.NS) said on Thursday it expects current-quarter profit to be boosted by an interim rule change on discounts offered by upstream oil companies to state retailers.ONGC, majority-owned ...

Lloyds upbeat on UK growth as profits lifted by drop in bad debts| Reuters

May 02, 2015 at 02:45 | Source: FirstPost

LONDON (Reuters) - Lloyds Banking Group is confident next week's British national election will not derail healthy UK economic growth, it said on Friday after posting first-quarter profit up by a fifth thanks to sharply lower losses on bad loans and...

U.S. data suggest economy picking up steam after weak Q1 | Reuters

Apr 30, 2015 at 23:15 | Source: FirstPost

WASHINGTON (Reuters) - The number of Americans filing new claims for jobless benefits tumbled to a 15-year low last week and consumer spending rose in March, signs the economy was regaining momentum after stumbling badly in the first quarter.The econ...

Wall Street edges lower; investors look for profit growth| Reuters

Apr 16, 2015 at 23:30 | Source: FirstPost

REUTERS - U.S. stocks edged lower on Thursday as corporate results showed little organic growth even as they largely beat profit expectations.While Netflix surged following blockbuster results, curbing the decline on the S&P 500 and Nasdaq, share...

Wall Street gains on earnings, oil surges| Reuters

Apr 16, 2015 at 03:30 | Source: FirstPost

NEW YORK (Reuters) - U.S. stocks rallied following several strong earnings reports on Wednesday, while European shares hit a 14-year high after the European Central Bank affirmed its loose policy stance. Oil rose sharply after U.S. government data sh...

Wall Street ends higher as jitters about earnings and oil recede| Reuters

Apr 16, 2015 at 02:45 | Source: FirstPost

(Reuters) - U.S. stocks closed higher on Wednesday, fuelled by gains in oil companies and speculation that upcoming first-quarter earnings reports might not be quite as weak as previously thought.All 10 major S&P 500 sectors gained, with the ener...

Global Markets - Wall Street up on earnings, oil surges| Reuters

Apr 16, 2015 at 01:15 | Source: FirstPost

NEW YORK (Reuters) - U.S. stocks rallied following several strong earnings reports on Wednesday, while European shares hit a 14-year high after the European Central Bank affirmed its loose policy stance. Oil rose sharply after U.S. government data sh...

Wall Street rises as earnings jitters recede and oil rebounds| Reuters

Apr 15, 2015 at 23:15 | Source: FirstPost

REUTERS - U.S. stocks rose on Wednesday, fueled by gains in the energy sector and speculation that upcoming firt-quarter earnings reports might not be quite as bad as previously thought.All 10 major S&P 500 sectors rose, with the energy index up ...

Jet Airways Q2 Net Up At Rs 70 Crore on One-Off Gain

Nov 07, 2014 at 22:00 | Source: NDTV Profit

Jet Airways Ltd reported its first quarterly profit since 2012 on Friday, thanks to the sale of its frequent flyer business, but the airline continued to lose money once one-off gains were excluded. The airline, which has struggled to make money amid...

Microsoft Profit, Sales Top Estimates on Better PC Demand

Oct 24, 2014 at 06:00 | Source: Business Week

Satya Nadella, chief executive officer of Microsoft Corp., speaks during a news conference in New Delhi, India, on Tuesday, Sept. 30, 2014. Photographer: Graham Crouch/Bloomberg. Microsoft Corp. (MSFT:US)'s fiscal first-quarter profit and rev...

Microsoft Profit, Sales Top Estimates on Improved PC Demand

Oct 24, 2014 at 04:01 | Source: Bloomberg

Microsoft Corp. (MSFT)'s fiscal first-quarter profit and revenue exceeded analysts' estimates, thanks to recovering personal-computer sales and demand for Internet-based cloud software and services. Profit, excluding restructuring cha...

Microsoft Profit, Sales Top Estimates on Improved PC Demand

Oct 24, 2014 at 03:56 | Source: Business Week

Satya Nadella, chief executive officer of Microsoft Corp., speaks during a news conference in New Delhi, India, on Tuesday, Sept. 30, 2014. Photographer: Graham Crouch/Bloomberg. Microsoft Corp. (MSFT:US)'s fiscal first-quarter profit and rev...

Cipla Q1 Net Profit Lags Estimates as Higher Costs Hurt

Aug 14, 2014 at 19:58 | Source: NDTV Profit

Mumbai: Cipla Ltd, India's fourth-largest drug maker by sales, on Thursday reported first-quarter profit that was much lower than expectations due to higher employee costs and other expenses. Cipla's April-June net profit fell to Rs 2...

ONGC Net Misses Estimate After Dry Well Write-Offs Double

Aug 14, 2014 at 11:30 | Source: Bloomberg

Oil & Natural Gas Corp.'s (ONGC) first-quarter profit missed analyst estimates after India's biggest explorer doubled costs for digging unsuccessful wells and sold crude at a steeper discount. Net income rose 19 percent to 47....

Ex-Microsoft senior manager sentenced to 2 years in jail for insider trading

Aug 09, 2014 at 14:24 | Source: FirstPost

Seattle: A former senior Microsoft manager who pleaded guilty to feeding inside information to a stock trader was sentenced Friday to two years in prison for insider trading.The U.S. attorney's office says the two men made $415,000 from three trades....

HSBC bank's half-year profits fall by 12%

Aug 04, 2014 at 17:02 | Source: BBC

HSBC's pre-tax profits fell by 12% in the first half of 2014 compared with the same period a year before. Profits were $12.34bn (£7.33bn), from $14.071bn twelve months earlier. During the half-year, the bank also put aside some $234m for its cu...

Panasonic Profit Misses Analyst Estimates on Fixed Costs

Jul 31, 2014 at 15:57 | Source: Bloomberg

Panasonic Corp. (6752), the supplier of batteries for electric-car maker Tesla Motors Inc., posted first-quarter profit that missed analyst estimates as fixed costs rose and consumer electronic demand in Japan weakened. Net income fell 65 percent to ...

Ford's Second Quarter Surge May Be as Good as 2014 Gets

Jul 25, 2014 at 11:55 | Source: Bloomberg

Ford Motor Co. (F)'s surprisingly strong second-quarter profit may be as good as it gets this year for the automaker as it ramps up spending to introduce 23 new models and to restructure its European operations. Its first quarterly profit in ...

Reliance Rises Most in Two Weeks as Profit Beats Estimate

Jul 21, 2014 at 18:01 | Source: Bloomberg

Reliance Industries Ltd. (RIL)'s shares increased the most in more than two weeks after first-quarter profit beat analysts' estimates at the operator of the world's largest oil refining complex. The stock rose 2.1 percent to 9...

Reliance Profit Beats Estimates as Refining Margin Widens

Jul 20, 2014 at 02:00 | Source: Bloomberg

Reliance Industries Ltd. (RIL), operator of the world's largest oil refining complex, reported first quarter profit that beat analysts' estimates and rose the most in a year after refining margin widened. Net income, excluding that of...

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