Google quarterly profit edges up on revenue surge
Google shares still managed to trade higher by two percent in after-hours trading to USG558.06. The earnings report comes with Google facing a formal antitrust challenge from the European Union, which alleges it abused its dominance in search to promote its own services.
Petrobras loses $9 billion in Q4 in wake of scandal
Write-downs linked to a corruption scandal amounted to 6.19 billion reais (about USD 2 billion), while remaining losses came from cost overruns at refineries and oil price pressures.
AT&T first-quarter profit beats Street estimates
The second-largest US wireless carrier posted net income of USD 3.2 billion, or 61 cents per share, in the first quarter ended March 31, compared with USD 3.65 billion, or 70 cents per share, in the year-ago quarter.
Tesco suffers record annual loss of $9.5 bn
Hurt by an accounting scandal and a price war sparked by the march of discount groups Aldi and Lidl, the supermarket wrote down the value of its business by 7 billion pounds to reflect restructuring charges and the lower sales its stores were making.
Why Coca-Cola may fizzle on earnings
The trade publication Beverage Digest reported that Coca-Cola sales volume dipped 1.1 percent in 2014, and Diet Coke sales slid a painful 6.6 percent
Yahoo earnings and revenue miss expectations
The tech giant said Tuesday that its first-quarter adjusted earnings came in at 15 cents per share on USD 1.04 billion in revenue.
POSCO Q1 profit up 20%
The closely watched parent-only measure refers to earnings from steel business, and excludes profit from affiliates.
IBM revenue slides about 12% in first quarter
Net income fell slightly to USD 2.33 billion, or USD 2.35 per share, for the quarter ended March 31, from USD 2.38 billion, or USD 2.29 per share a year earlier.
Unilever first-quarter sales better than expected
The Anglo-Dutch maker of Dove soap, Lipton tea and Ben & Jerry's ice cream cited an improvement in China and an earlier Easter.
Alcoa beats on earnings, falls short on revenue
The company, which is in the midst of a major business transformation push, reported adjusted first-quarter earnings per share of 28 cents on revenue of USD 5.82 billion.
Accenture raises revenue growth forecast for second time
The company also reported higher-than-expected quarterly profit and revenue on Thursday, helped by growth in outsourcing revenue from North American clients.
ArcelorMittal narrows Q4 loss to USD 955 million
The company, controlled by NRI billionaire Lakshmi Mittal, had reported USD 1.2 billion net loss in the October-December quarter of the last year, it said in a statement.
UBS says trebles dividend for '14 as quarterly profit rise
Switzerland's biggest bank said on Tuesday net profit for the fourth quarter of 2014 was 963 million Swiss francs (1.04 billion USD), exceeding the 937 million francs analysts had forecast in a Reuters poll.
Twitter CEO wins breathing room from Wall Street critics
The Internet company said on Thursday that recently launched products and partnerships have set the stage for it to expand its audience.
Genpact Q4 net profit declines 6%; revenues rose by 8%
Revenues rose by 7 percent to USD 2.28 billion from USD 2.13 billion during the same period. Genpact generated USD 271.8 million cash from operations in 2014 and USD 93 million in the fourth quarter.
Vodafone posts higher than expected third-quarter sales
A steady recovery in Europe helped Vodafone stem the rate of sales decline in its third quarter, putting the world's second-biggest mobile operator in touching distance of overall revenue growth once again.
Toyota lifts profit outlook as weak yen offsets Japan slump
The yen's decline has been a boon for Toyota, which exports roughly half of its vehicles produced in Japan.
Sony preliminary Q3 profit beats estimates
Japan's Sony Corp said its net loss for 2014 was likely less than previously forecast as cost cuts and higher-than-expected sales of its image sensors and PlayStation video game consoles helped lift its third-quarter profit.
Google misses on earnings, blames strong dollar
Wall Street had expected Google to report earnings of USD 7.11 per share on revenue of USD 18.46 billion, according to a consensus estimate from Thomson Reuters.
Amazon Q4 earnings above Wall Street's expectations
Amazon issued fourth-quarter earnings of 45 cents a share, down from 51 cents per share a year ago, but soaring past expectations of 17 cents.
Deutsche Bank posts surprise profit in fourth quarter
Deutsche had originally hoped to clear the decks of legal issues in 2014 but has guided that 2015 will likely be the year instead when the majority of investigations are concluded.
Nokia beats profit forecasts, lifted by North America sales
Nokia, which ranks third in the global network gear market after Ericsson and Huawei said its equipment unit's core operating profit rose to 470 million euros (USD 530 million) in the fourth quarter, or 14 percent of sales, from 397 million euros in the previous quarter.
Samsung Elec Q4 profit meets guidance; outlook cautious
The semiconductor division was a bright spot as Samsung posted fourth-quarter operating profit of 5.3 trillion won (USD 4.88 billion), in line with the 5.2 trillion won profit the firm guided for earlier this month.
Facebook's new challenge: Sell Wall Street on spending
Facebook shares fell about 2 percent in after-hours trading on Wednesday, after the company beat Wall Street's fourth-quarter revenue target and discussed aggressive 2015 spending plans. The stock has fallen 7.6 percent since late October, when it first outlined these plans.
