BlackBerry reports deep loss, revenue drop, as warned
BlackBerry, which had warned of the results on September 20, said its net loss for the second quarter ended on August 31 was USD 965 million, or USD 1.84 a share, while revenue fell 45 percent to USD 1.6 billion from a year earlier.
Accenture revenue beats estimates as consulting biz grows
Accenture said it expects first-quarter revenue of USD 7 billion-USD 7.3 billion. The forecast assumes a 2 percent hit related to currency fluctuations.
Windows Phone OS posts largest growth in Q2 2013: IDC
Windows Phone operating system posted the largest growth among the top five smartphone platforms shipments in the second quarter this year surpassing struggling BlackBerry which dropped to the fourth spot.
Lenovo reports quarterly revenue of US$8.8bn
Lenovo Group today reported results for its first fiscal quarter ended June 30, 2013, with quarterly revenue of US$8.8 billion, a ten percent increase year-over-year.
Dell's quarterly profit plummets as PC sales shrink
Dell once led the world in computer sales and was held up as a model of production-chain innovation, but in recent years has become one of the more prominent victims of PC market erosion from mobile devices.
Genpact Q2 net up 4.5% ; keeps 2013 rev guidance unchanged
The US-based firm had posted a net income of USD 61.1 million in the same period last year, it said in a release. The company, which announced yesterday its Q2 results, follows January-December fiscal year.
Cognizant results beat estimates as European demand soars
Cognizant Technology Solutions Corporation reported a jump of 54 percent from Europe excluding UK. The IT services provider also raised its forecast for the year.
HSBC profit rises but revenue hit by muted economic growth
Europe's biggest bank's pretax profit was up from USD 12.7 billion a year ago but fell short of the average USD 14.6 billion expected by analysts, on the basis of figures from 14 banks and brokerages polled by the company.
Berkshire profit rises 46%, helped by economy
Operating results topped analyst forecasts, reflecting how many of Berkshire's more than 80 businesses are benefiting from growth, however modest, in the US economy.
Monster Worldwide reports Q2 results
Monster Worldwide, Inc. today reported financial results for the second quarter ended June 30, 2013
Toyota raises profit forecast on weak yen, strong US sales
Toyota now expects to book 1.94 trillion yen in annual operating profit, up from its previous forecast of 1.8 trillion yen. That is lower than the 2.27 trillion yen estimated by 26 analysts.
LinkedIn revenue soars to $363.7 mn
The San Francisco company, one of the few social media stocks that have fulfilled its hype since going public, now boasts 238 million users, a 37 percent increase from a year ago
Procter & Gamble profits drop but beat expectations
US consumer goods giant Procter & Gamble reported a 48 per cent drop in quarterly earnings today due to an asset sale but bested expectations on higher revenues.
General Cable reports adjusted operating income of $84.5m
General Cable reports adjusted operating income of $84.5m
ArcelorMittal reports $ 780 mn loss during Apr-Jun quarter
The billionaire NRI Laxmi Mittal-led company had clocked a net profit of USD 1.016 billion in the corresponding quarter a year ago, it said in a statement.
ArcelorMittal lowers 2013 profit outlook
Weaker-than-expected demand and lower-than-expected raw material prices push ArcelorMittal to lower outlook. The company, which sold around 45 percent of its steel in Europe last year, said second-quarter EBITDA, or core profit, fell 33.5 percent year-on-year to USD 1.70 billion
DBS group CEO says seeing stress in India mid-cap segment
The bank does not see any stress in its China trade finance portfolio, but that there is some pressure in the India mid-cap segment
Rediff.Com reports revenues of $4.11m
Rediff.com, one of the premier online providers of news, information, communication, entertainment and shopping services to Indians worldwide, today announced results for its first quarter ended June 30, 2013.
Panasonic Q1 net up 66% in shift from consumer electronics
Panasonic's April-June operating profit of 64.2 billion yen topped the average expectation of 49.5 billion yen from three analysts surveyed
Vedanta Q1 core earnings fall 23%
The London-listed mining conglomerate said core earnings or earnings before interest, taxes, depreciation, and amortisation (EBITDA) fell to USD 1.03 billion for the quarter ended June 30 from USD 1.34 billion a year earlier.
Japan faces crucial earnings season
Japan is gearing up for its most important reporting season in over a decade, with investors closely watching for signs of whether Prime Minister Shinzo Abe`s radical policies to kickstart the economy
Starbucks profit up, US sales unexpectedly strong
The world's biggest coffee chain also raised its full-year profit forecast, sending shares soaring almost 6 percent in after-hours trade. Seattle-based Starbucks is a top destination for consumers with ample cash to spend on USD 3 to USD 5 lattes and other premium coffee drinks.
Amazon reports loss, cautious on Q3 forecast
Amazon reported a second-quarter net loss of USD 7 million, or 2 cents a share, compared to a profit of USD 7 million, or a penny a share, a year earlier. Revenue rose to USD 15.70 billion from USD 12.83 billion in the same period last year.
Samsung posts record profit; mobile growth dips
Samsung Electronics Co Ltd is under mounting pressure to produce eye-catching new smartphones after its mobile business shrank 3.5 percent in the second quarter, taking the gloss off a record USD 8.5 billion operating profit.
Samsung sells 76 mn smartphones in Q2, mkt share up: report
Samsung's market share expanded to 33.1 percent. Overall, the global smartphone market grew 47 percent to a record 229.6 million
