International Results

Vodafone reports sixth quarter of growth as recovery takes hold

The world's second largest operator reported organic service revenue of 9.2 billion pounds, in line with analyst forecasts, on Thursday and said it was on track to deliver full-year core earnings of between 11.7 billion and 12.0 billion pounds.

China's Lenovo posts surprise Q3 profit gain

Lenovo said net profit for the three months ended December 31 was USD 300 million, a 19 percent increase year-on-year and higher than the average estimate of analysts polled by Bloomberg, who predicted a decline in profit to USD 242.5 million.

BP slumps into $6.5bn loss for 2015 on oil collapse

BP suffered a loss after taxation of USD 6.48 billion (5.97 billion euros) last year, compared with a net profit of USD 3.78 billion in 2014, it said in a results statement.

UBS profit beats despite 'challenging' conditions

The group reported net profit up 79 percent at 6.2 billion Swiss francs, ahead of a consensus forecast compiled by Reuters of 5.75 billion Swiss francs.

Google/Alphabet hits historic high on earnings

Alphabet yesterday reported that quarterly profit rose five percent to USD 4.92 billion on the back of strong online advertising revenue. The California-based Internet colossus said its revenue topped USD 21.3 billion in the final three months of last year.

Sony quarterly operating profit up 11%, beats analyst estimates

Sony said October-December operating profit rose to 202.1 billion yen (USD 1.68 billion) from 182.1 billion yen a year prior, beating the average 175 billion yen forecast of 8 analysts according to Thomson Reuters data.

Alibaba quarterly revenue beats on strong holiday sales

Alibaba's US-listed shares were down about 1 percent Thursday. Oppenheimer's Internet analyst Jason Helfstein told CNBC's "Squawk Box" that the stock is moving down on concerns about the yuan.

Microsoft quarterly profit slips but tops forecasts

Microsoft made a profit of USD 5 billion on USD 23.8 billion in revenue in the final three months of last year, it said, propelling the company's shares about seven percent when the earnings figures hit, before giving up some of the ground.

Essar Oil UK's net profit up four-fold to $35 mn in Dec quarter

Net profit of USD 35 million in October-December was 285 percent higher than USD 9.1 million profit in the same period a year ago, the company said in a statement issued here. Revenue was, however, 38 per cent lower at USD 1.09 billion due to lower oil prices.

Facebook posts strong Q4 as company closes gap with Google

Facebook's fourth-quarter report released yesterday provided the latest gauge of the company's impressive strides.

Samsung Electronics posts 40% fall in Q4 net profit

Net profit for October to December amounted to 3.22 trillion won (USD 2.7 billion), down 39.7 percent from a year ago, the company said in a statement.

Fiat Chrysler earnings down on poor Latin American results

The Italian-American carmaker reported 2015 net profit of 377 million euros (USD 409 million), down from 632 million euros a year earlier and lagging analyst expectations of 540 million euros. Fourth-quarter net profit fell 40 percent to 251 million euros.

Asset sales pump up Novartis profits

Excluding asset sales net profits at the world's largest pharmaceutical company by sales fell by 5 percent to USD 12 billion, missing expectations of analysts polled by the Swiss financial news agency AWP of an average of USD 12.1 billion.

Canon profit drops 13.6% on weak camera demand

The firm also said company veteran Fujio Mitarai will step down as president but remain as CEO and chairman, following the company's general shareholders meeting on March 30.

Electronics giant Philips posts 2015 profit up 55 per cent

Posting last year's earnings results, the Dutch giant said today that net profit attributable to shareholders was 645 million euros (USD 700 million) compared to 415 million euros in 2014 -- a hike of 55 percent.

AT&T revenue below forecasts, shares fall

AT&T Inc, the No. 2 US wireless carrier, said fourth-quarter revenue grew less than expected as it added fewer mainstream wireless customers than a year ago due to stiffer competition from rivals.

Apple reports slowest iPhone sales since 2007 launch

The results were largely in line with expectations that sales of iPhones -- the driver of two-thirds of Apple revenue -- had peaked and that the company would need to find new sources of growth.

De Beers sells $540 mn in first sale of 2016

Last August De Beers, the world's biggest diamond producer, lowered prices by as much as nine percent to boost sales.

Hyundai posts lowest profit in five years

Hyundai, along with its smaller affiliate Kia, forms the world's fifth-largest automaking group. The firm's net profit has fallen for three straight years since 2013 as a strong won, coupled with a weakening yen, blunted its price competitiveness against Japanese rivals in global markets.

Alibaba revenue growth seen slowest on record

Alibaba's revenue for the quarter ending December is projected to grow at 26.6 percent, according to a Thomson Reuters SmartEstimate survey of 28 analysts, which would be the slowest rate since the company started publishing such data 3-1/2 years ago.

Deutsche Bank announces $7.3 bn net loss in 2015

Some of these losses had already been announced earlier in 2015 but the bank reported additional litigation charges of 1.2 billion euros in the fourth quarter.

IBM forecasts weak earnings for 2016; shares slide

Shares of the company, which receives more than half its revenue from markets outside the United States, fell 3 percent in extended trading on Tuesday.

WNS Q3 net dips 4.8% to $15.7 mn

The NYSE-listed firm had posted a net profit of USD 16.5 million in the year-ago period, it said in a statement. Consolidated revenue, however, rose 6.2 per cent at USD 144.4 million in October-December this fiscal from USD 136 million in the same quarter of 2014-15.

Intel earnings: 74 cents per share, vs 63 cents expected

Intel touted its progress in moving away from a slowing PC chip business and strengthening other revenue channels like data centers and the "Internet of Things." Still, its net income slid by 1 percent from a year earlier to USD 3.6 billion.