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TripAdvisor revenue falls as referral revenue drops| Reuters

May 05, 2016 at 03:45 | Source: FirstPost

TripAdvisor Inc's (TRIP.O) quarterly revenue fell 3 percent, missing analyst estimates, as a rise in hotel bookings on its websites hurt revenue from referrals to third-party sites.TripAdvisor has been allowing users in the United States and the UK t...

Samsung Electronics first-quarter profit likely over 6 trillion won - Korea Economic Daily| Reuters

Mar 30, 2016 at 06:30 | Source: FirstPost

SEOUL Tech giant Samsung Electronics Co Ltd (005930.KS) will likely report a first-quarter operating profit of more than 6 trillion won ($5.2 billion), exceeding market expectations, South Korea's Korea Economic Daily reported on Wednesday.Citing an ...

Wall St lifted by muscular oil rally but some still skittish| Reuters

Feb 23, 2016 at 04:15 | Source: FirstPost

Wall Street surged on Monday, helped by a robust rally in oil prices that lifted recently crushed energy stocks, including Chevron and Schlumberger. As it has for months, Wall Street followed the lead of global oil prices in a trend that has left the...

Wall Street lifted by muscular oil rally but some still skittish| Reuters

Feb 23, 2016 at 03:15 | Source: FirstPost

Wall Street surged on Monday, helped by a robust rally in oil prices that lifted recently crushed energy stocks, including Chevron and Schlumberger. As it has for months, Wall Street followed the lead of global oil prices in a trend that has left the...

Samsung Elec sees Q3 profit boost despite smartphone woes| Reuters

Oct 07, 2015 at 09:30 | Source: FirstPost

SEOUL Samsung Electronics Co Ltd on Wednesday said it would post its first quarterly profit gain in two years, beating expectations as strong sales of chips and displays probably offset weakness in its smartphone division.The South Korean tech giant ...

Kotak Mahindra Bank sees cost rise after ING Vysya deal| Reuters

Jul 31, 2015 at 01:45 | Source: FirstPost

MUMBAI Kotak Mahindra Bank, India's fourth-biggest private sector lender by assets, expects its credit costs to jump this fiscal year as it makes more provisions related to its purchase of smaller local rival ING Vysya Bank, it said on Thursday.Kotak...

Vedanta looks to restart Goa mines by October| Reuters

Jul 29, 2015 at 23:45 | Source: FirstPost

MUMBAI Vedanta Ltd said on Wednesday it expected to restart iron ore mining by October in top exporting Goa province and that talks were continuing with regulators for merging with its cash-rich unit Cairn India (CAIL.NS).The mining and energy group,...

Reliance to launch telecom venture with over 1,000 stores| Reuters

Jul 25, 2015 at 21:45 | Source: FirstPost

MUMBAI Reliance Industries Ltd will launch its ambitious 4G telecoms venture in December through a direct physical presence in over 1,000 "Jio Centers" and will also sell self-branded devices under its retail unit, the company disclosed in ...

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...

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