International Results

Ford's 3Q profit falls on recall, truck launch

Ford said its net income plunged 56 percent to USD 957 million in the third quarter, down from USD 2.2 billion in the July-September period a year ago.

Google parent Alphabet profit surges on mobile, video ads

Propelled by strong advertising on mobile devices and video site YouTube, Alphabet's net income climbed 27 percent to USD 5.06 billion. Revenue jumped 20 percent to USD 22.45 billion, marking the search giant's seventh straight quarter of double-digit revenue growth.

Nokia in Q3 loss, sales drop amid networks downturn

Helsinki, Oct 27 (AP) Mobile networks operator Nokia continued to be hit by a downturn in the industry, reporting a loss in the third quarter and a 12-percent drop in sales that saw the company's share price plunge 7 per cent.

Deutsche Bank posts Q3 profit, hikes legal provisions

Deutsche Bank hiked the amount of money it has set aside to cover the legal bill for its numerous missteps of the past. Litigation reserves rose to 5.9 billion from 5.5 billion euros at the end of June.

Barclays posts bumper Q3 pretax profits on bond-trading boom

The British bank's group pretax profits for the three months to the end of September, excluding notable items, was up from 1.4 billion a year ago, above the average forecast of 1.3 billion pounds from analysts polled by the company.

Samsung reports sharp fall in profit on Galaxy Note 7 recall

For the July-September period, Samsung's net income was 4.4 trillion won (USD 3.9 billion), down 17 per cent from 5.3 trillion won a year earlier.

Airbus Group says 9 month profit slips; raises deliveries target

Citing stable overall sales of 43 billion euros for the period, the company said it would seek to raise deliveries to 670 planes, a rise of 20 aircraft, in order to hit its annual earnings targets.

Coke profit falls 28%, but beats expectations

Coca-Cola's profit fell 28 per cent in the third quarter, but its results still beat Wall Street expectations.

Pokemon Go boost limited as Nintendo cuts profit forecast

That helped push its net profit in the half-year to 38.3 billion yen (USD 368 million), up 234 per cent from the same period the year before.

POSCO Q3 profit jumps to over 4 year high as China prices gain

Steel prices in China, the world's biggest consumer and producer, have rallied 50 percent this year as Beijing's efforts to reduce a crippling overcapacity in the sector have led to lower inventories of the alloy in the country.

Visa profit, revenue beat analysts' estimates

The company said total payments volume increased 47.1 percent to USD 1.86 trillion on a constant dollar basis in the fourth quarter ended September 30, from a year earlier.

McDonald's US sales revive amid stiff competition

McDonald's Corp's turnaround remained on track in the latest quarter despite intense competition in the United States, helped by all-day breakfast, "McPick" value promotions and chicken McNuggets with simpler ingredients, the company said on Friday.

GE cuts year revenue target on oil, gas weakness

General Electric Co scaled back expectations for its full-year revenue and profit on Friday, overshadowing third-quarter profit that beat analyst forecasts and sending its shares lower.

Ericsson Q3 sees fall in North American sales, more cost cuts

The company, the world's biggest maker of mobile network equipment, also said it would introduce further cost-cutting to deal with a weaker mobile broadband market.

Intel's results beat estimates; forecast disappoints

Intel said it expects fourth-quarter revenue of USD 15.7 billion, plus or minus USD 500 million. Analysts on average were expecting USD 15.86 billion, according to Thomson Reuters I/B/E/S.

Yahoo profit beats Wall St, analysts worry over effect of hack

Verizon's general counsel said last week that the hack, which affected at least 500 million email accounts in 2014, could have a material impact, possibly allowing Verizon to withdraw from the USD 4.83 billion deal.

JPMorgan easily tops profit and revenue forecasts

The firm reported quarterly earnings of USD 1.58 per share on revenue of USD 25.51 billion. Analysts on Wall Street had expected earnings of USD 1.39 a share on about USD 24 billion in revenue, according to a consensus estimate from Thomson Reuters.

Samsung Elec cuts Q3 operating profit guidance on Note 7 impact

Samsung, in a regulatory filing, also cut its July-September revenue estimate to 47 trillion won from the 49 trillion won it guided for last week.

Accenture revenue tops estimates on strong cloud services demand

Accenture Plc, a provider of consulting and outsourcing services, reported a better-than-expected 7.6 percent rise in quarterly revenue as its investments to boost digital and cloud services pay off.

AirAsia India Q2 loss narrows to Rs 21 crore

AirAsia India saw its net loss narrow to Rs 20.36 crore in the three months ended June amid the no-frills carrier raked in higher revenues during the same period.

P&G net rises 2.15% to Rs 109 crore in Apr-June quarter

FMCG firm Procter & Gamble Hygiene and Health Care today reported an increase of 2.15 percent in its net profit at Rs 109.40 crore for the quarter quarter ended June 30, 2016.

HP Inc beats estimates, weak printer demand weighs on forecast

However, HP forecast current-quarter profit below analysts' estimates, reflecting weak sales of its printers as companies cut costs across industries.

Nestle H1 results miss expectations, confirms guidance

Faced with more demanding consumers asking for fresh, healthy products, makers of packaged foods are reformulating recipes, cutting sugar, salt and fat or, a path chosen by Nestle, seek solace in higher-margin "premium" products and health foods.

Lenovo's first-quarter profit jumps 64%, beating estimates

Beijing-based Lenovo said in a filing that net profit grew to USD 173 million for the quarter ended June from USD 105 million in the same period a year earlier. That was more than the USD 130.1 million average of analysts polled by Thomson Reuters SmartEstimates.