ArcelorMittal Q2 net up 3-fold at 9 mn; maintains guidance
The firm, controlled by NRI billionaire Lakshmi Mittal, had clocked a net profit of USD 52 million in the year-ago period, it said in a statement.
LinkedIn's revenue beat fails to connect with investors
LinkedIn Corp, operator of the biggest social networking site for professionals, reported a better-than-expected 33 percent rise in quarterly revenue on Thursday, driven by strong growth in its business serving recruiters
BNP Paribas net profit beats forecasts
Analysts polled by agency had forecast a net profit of 1.81 billion euros. Revenue for the bank in the second three months of the year was 11.08 billion euros, above analyst forecasts of 10.58 billion euros.
Fiat Chrysler raises outlook as Q2 profit jumps 70%
The rosy results come as the carmaker will be required to pay millions of dollars to get potentially defective Ram pickups and older Jeeps off the road under a deal with safety regulators to settle allegations of mishandling nearly two dozen recalls.
RBS reports modest rise in Q2 profit
The bank made an attributable profit of 293 million pounds (USD 457 million), up 27 percent on the same period last year. Analysts had expected a loss of 260 million pounds, according a range of forecasts provided by the bank.
Deutsche Bank earnings overshadowed by legal costs
The bank reported pretax profit of 1.2 billion euros in the second quarter, up 34 percent on the year and just slightly below expectations. Litigation charges of an equal amount - 1.2 billion euros - burdened the group's bottom line.
Sony Q1 operating profit rises 39%, beats estimates
Sony said April-June operating profit rose to 96.9 billion yen (USD 780.8 million) from 69.8 billion yen a year earlier. That compared with the 73.3 billion average estimate of 18 analysts, agency data showed.
Facebook profit falls 9% as costs on mobile growth soar
Facebook Inc reported quarterly revenue that beat forecasts but its profit fell 9 percent as the social media company sharply increased spending to boost mobile revenue and future growth.
Facebook profit falls 9% as costs on mobile growth soar
Expenses will grow 55 to 60 percent in 2015 from last year, including an 82 percent jump in the second quarter to USD 2.77 billion, it added.
LG Electronics Q2 operating profit skids 60%; Sales Weak
LG reported a second-quarter operating profit of 244 billion won (USD 210.74 million), compared with a 395 billion won mean estimate from a Thomson Reuters I/B/E/S survey of 33 analysts.
BP misses second-quarter profit forecast on spill charge
The company also lowered its expected full-year organic capital spending to below USD 20 billion after cutting it by 13 percent earlier this year as the industry continues to grapple with low oil prices.
UBS posts $1.25 bn quarterly profit in early results
Net profit rose 53 percent on the year to 1.2 billion Swiss francs (USD 1.25 billion), much more than the 3.2 percent rise forecast in a Reuters poll of analysts that was not published before the Zurich-based bank posted earnings.
Quarterly sales growth accelerates at Vodafone
Vodafone reported an acceleration in its main quarterly sales growth on Friday as a cable TV acquisition in its biggest market Germany helped to lift sales and consolidate an overall return to growth for the British firm.
Amazon shares soar on surprise profit, value tops WalMart's
Amazon.com Inc shares surged more than 17 percent on Thursday as the online retailer posted an unexpected quarterly profit, pushing its market value above that of Wal-Mart Stores Inc, the world's largest retailer.
Caterpillar CEO: Commodities crush hits revenue
Caterpillar on Thursday delivered second quarter earnings that matched expectations, but its revenue missed forecasts and the heavy equipment giant cut its full-year sales guidance.
GM tops 2Q profit forecasts on trucks, SUVs
The Detroit company made 67 cents per share from April through June compared with 11 cents a year ago. The year-earlier quarter included USD 1.5 billion in expenses for a string of safety recalls.
Unilever's second-quarter sales top estimates
The results provide evidence that the Anglo-Dutch maker of Dove soap, Lipton tea and Ben & Jerry's ice cream is recovering from a weak 2014, when its business was hammered by slowing emerging markets and currency devaluations. Still, it warned that consumer demand remained weak.
Hyundai Motor's 2Q earnings down 24%
The result was slightly higher than market expectations but underlined ongoing challenges besetting South Korea's largest automaker. Hyundai said China sales declined as the country's local makers of cheap vehicles recorded explosive sales growth.
Apple gives weak forecast, shares fall nearly 7%
Apple Chief Financial Officer Luca Maestri said in an interview the results in China were "spectacular" during the quarter and noted plans to open 40 stores there over the next 12 months.
IBM revenue falls for 13th straight quarter; shares dip
IBM is deep in transition, and has been selling businesses such as low-end servers, cash registers, and semiconductors to focus on high-growth areas like security software, cloud services and data analytics.
Morgan Stanley profit falls on compensation costs
Morgan Stanley, the last big US bank to report second-quarter earnings, said its net income from continuing operations applicable to the company fell to USD 1.67 billion, or 85 cents per share, from USD 1.82 billion, or 92 cents per share, a year earlier.
Google shares jump as profits handily beat expectations
Sales were up from USD15.96 billion. Analysts expected Google to post earnings of USD6.70 per Class A share and USD6.74 per Class C share on USD17.75 billion in revenue, according to a consensus estimate from Thomson Reuters.
POSCO Q2 profit up 7.5% on year, in line with estimates
The figure compared with 565 billion won in operating profit in the same period a year earlier, and 622 billion won in the January-March quarter.
Citi net up by over 18% to Rs 3,423 crore in FY15
Citi India Chief Financial Officer Niraj Parekh expressed satisfaction at the performance saying, it comes in spite of the "uneven" and "unpredictable" growth scenario in the economy.
