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  • IBM signings fall; earnings beat forecasts Apr 20, 2011 08:36 AM IST

    IBM signings fall; earnings beat forecasts

    IBM reported a decline in signings of new business at its global services division during the first quarter, even as it reported profit and revenue ahead of analysts' projections.

  • Essar Oil Q4 net profit up 78% on higher margins, sales Apr 11, 2011 05:00 PM IST

    Essar Oil Q4 net profit up 78% on higher margins, sales

    Essar Oil’s fourth quarter (January-March) net profit surged 78% year-on-year to Rs 321 crore, driven by strong sales and higher gross refining margins.

  • Allcargo Global aims to achieve 25-30% PAT growth this year Mar 16, 2011 05:27 PM IST

    Allcargo Global aims to achieve 25-30% PAT growth this year

    In an interview with CNBC-TV 18, S Suryanarayanan, Group CFO of Allcargo Global Logistics said that the company is looking at various acquisition opportunities and it is confident of finalising it in this calendar year.

  • Sudar Garments targets revenues of Rs 160cr for FY12 Mar 11, 2011 11:09 AM IST

    Sudar Garments targets revenues of Rs 160cr for FY12

    In an interview with CNBC-TV18, Murugan Phevar, chairman and managing director of Sudar Garments said that he expects earning per share at Rs 11-11.5 for FY11.

  • EADS restores dividend, sees stable profit in 2011 Mar 09, 2011 02:29 PM IST

    EADS restores dividend, sees stable profit in 2011

    European aerospace group EADS forecast higher revenue and stable core operating profit as it boosts development spending this year, after bouncing back to profit with a record cash pile in 2010.

  • Nalco sees FY11 profit up 23% Mar 08, 2011 06:19 PM IST

    Nalco sees FY11 profit up 23%

    India's state-run National Aluminium Co (NALCO) said it sees profit for the fiscal year ending March rising 23% to Rs 1005 crore (USD 223 million), with sales rising to Rs 5777 crore.

  • Simbhaoli Sugars plunges 6% on poor Q1 numbers Mar 07, 2011 09:27 AM IST

    Simbhaoli Sugars plunges 6% on poor Q1 numbers

    Simbhaoli Sugars first quarter net sales were at Rs 289.3 crore versus Rs 308.3 crore. Its loss was of Rs 16.9 crore versus profit of Rs 43.7 crore, reports CNBC-TV18. It touched an intraday high of Rs 42.90 and an intraday low of Rs 40.35. At 09:25 hrs the share was quoting at Rs 42.10, down Rs 2.75, or 6.13% on the NSE.

  • FIFA makes $631m in 4 yrs thanks to World Cup Mar 04, 2011 08:20 AM IST

    FIFA makes $631m in 4 yrs thanks to World Cup

    FIFA made a profit of USD 631 million over the last four years but was over-dependent on the World Cup for its revenue, soccer's world ruling body said on Thursday.

  • StanChart profit hits record as India, China boom Mar 03, 2011 10:28 AM IST

    StanChart profit hits record as India, China boom

    Profit at Standard Chartered jumped 19% in 2010 and the Asia-focused bank said it was off to a record start this year as China, India and other Asian markets boomed.

  • Nokia Q4 profit seen dropping, strategy in focus Jan 27, 2011 09:49 AM IST

    Nokia Q4 profit seen dropping, strategy in focus

    Nokia is expected to post a third profit fall in a row on Thursday with investors seeking clues on how the handset maker can challenge smartphone powerhouses Apple and Samsung and also recover lost ground at the cheaper end of the market.

  • Sony Ericsson held back by old handsets Jan 20, 2011 05:56 PM IST

    Sony Ericsson held back by old handsets

    Sony Ericsson is pinning its hopes on a new line of smartphones this year after it slashed prices to attract Christmas shoppers to its ageing handsets, hurting sales and profit in the final quarter of 2010.

  • Wall St to open lower as Goldman Sachs profit drops Jan 19, 2011 09:44 PM IST

    Wall St to open lower as Goldman Sachs profit drops

    Wall Street was set for a lower open on Wednesday after Goldman Sachs posted a decline in quarterly profit, denting investor optimism about a strong earnings season.

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