International Results

Unilever's Q2 sales growth misses forecasts

Unilever CEO Paul Polman says: "This set of results clearly demonstrates that the transformation of Unilever to a sustainable growth company is fully on track. The strong Home Care and Personal Care performance is particularly pleasing given increased competitive pressure."

Hyundai Q2 net profit beats forecast fueled by China sales

Hyundai Motor, which combined with its affiliate Kia Motors Corp is the world's fifth-biggest automaker, on Thursday reported a 2.52 trillion Korean won net profit for April to June, compared with a consensus forecast of 2.39 trillion won from a Reuters' poll of analysts.

Facebook revenue up 53%; users, mobile ads climb

The world's No. 1 social network also reported an uptick in daily visitors to its service, allaying worries that a new crop of fast-growing mobile upstarts like WhatsApp and Snapchat could cut into the time consumers spend on Facebook.

PepsiCo argues against break-up with results

PepsiCo's profits rose in the second quarter as it raised prices and increased sales while cutting costs. Net income at the maker of Mountain Dew and Doritos rose 35 per cent to USD 2.01bn, or USD 1.28 a share, from USD 1.49bn, or 94 cents a share last year.

Experts feel Apple looking for catalyst, new product

Quarterly gross margin in Apple's third-quarter fell to 36.9 percent from 42.8 percent in the year-ago period. It's going to take a new product introduction before earnings turn positive. Investors are looking for a big catalyst to propel it back into being a strong-growth stock.

LG Elec Q2 profit decline; set smartphone sales record

The profit compares with 526.7 billion won a year ago and 349.5 billion won in the previous quarter.

Fullerton India reports 51% rise in net profit in Q1FY13-14

Fullerton India Credit Company Limited registered a profit after tax of Rs 43 crores for the first quarter of the financial year 2013-14, a growth of 51% over the first quarter of the previous financial year.

Schlumberger reports Q2 2013 revenue of $11.18bn

Schlumberger Limited reported second-quarter 2013 revenue of $11.18 billion versus $10.57 billion in the first quarter of 2013, and $10.34 billion in the second quarter of 2012.

Syntel reports Q2 revenue of $202.5m, up 13%

Syntel's revenue for the second quarter increased 13 percent to $202.5 million from $179.0 million in the prior-year period, and increased seven percent sequentially from $189.1 million in the first quarter of 2013.

Sify reports revenues of Rs 2,628m for Q1FY 2013-14

Sify Technologies Limited (NASDAQ Global Markets: SIFY), a leader in Managed Network, IT and Application services in India with growing global delivery capabilities, today announced its consolidated results under International Financial Reporting Standards (IFRS) for the first quarter of fiscal year 2013-14.

Investors bracing for big international results this week

After the weak numbers from Microsoft and Google last week, Wall Street is eagerly awaiting the results from some big ticket corporations such as McDonald's, Apple, Boeing, GSK, among others.

Microsoft profit below estimates after tablet charge

The world's largest software company reported fiscal fourth-quarter profit of 59 cents per share, compared with a 6 cents per share loss in the year-ago quarter when it wrote off the cost of a failed acquisition.

Google Q2 revenue, profit rise

Google Inc reported consolidated revenue of USD 14.11 billion in the second quarter, compared to USD11.81 billion in the year ago period.

Bank of America reports net income of $4.0bn

Bank of America reports Second-Quarter 2013 Net Income of $4.0 Billion, or $0.32 per Diluted Share on Revenue of $22.9 BillionA

IBM raises '13 outlook; Q2 earnings beat, revenue drops

IBM said that a "substantional second-half gain" it was expecting in its previous EPS outlook "will not likely be achieved" by the end of 2013.

Goldman Sachs profit doubles on investment gains

Goldman's investing and lending segment, which tracks its investments in private equity deals, publicly traded stocks, loans and bonds, produced nearly seven times as much revenue in the second quarter as in the same period last year, much more than analysts expected.

Yahoo trims 2013 sales outlook

Yahoo Inc trimmed its outlook for 2013 revenue. Yahoo also reported that second-quarter net revenue was down slightly at USD 1.071 billion, though it posted adjusted profit that was ahead of Wall Street targets.

Citi reports 26% rise in adjusted profit as trading rebound

Citigroup Inc reported a stronger-than-expected 26 percent rise in adjusted quarterly profit as stronger home prices reduced losses on mortgages and trading revenue rebounded.

Shares of Samsung Electronics extend falls to more than 4%

Samsung Electronics Co Ltd's shares extended falls to more than 4 percent after its second-quarter earnings estimates released on Friday failed to meet market forecasts.

BlackBerry reports unexpected loss, shares slide 20%

BlackBerry, struggling to compete against Apple Inc's iPhone, Samsung's Galaxy smartphones and other devices powered by Google's Android operating system, reported a net loss of USD 84 million, or 16 cents a share, in the first quarter ended June 1.

Credit Bank of Moscow announces sound performance in 1Q2013

CREDIT BANK OF MOSCOW announces sound performance in 1Q 2013 under the International Financial Reporting Standards (IFRS).

CG reports strong sales & solid order intake

Avantha Group Company CG reported its audited financial results for the 4th quarter and year ended March 31, 2013.

HP profit down 32%, shares up as results beat estimates

HP had expected earnings of 81 cents a share on revenue of just over USD 28 billion, according to the average estimate of analysts polled by Thomson Reuters I/B/E/S.

AirAsia's profits hit by financing costs

AirAsia, which had earlier this month said that its passenger numbers were up by 19 percent, saw a fall in profits owing to higher finance costs and foreign exchange loss on borrowings.