Carrefour profit drops as investors await new plan
Carrefour, the world's second-largest retailer, reported a dip in first-half profits on Thursday, hit by poor performances from businesses in austerity-hit countries such as Spain and Italy which the company is expected to address later in the day with the presentation of a new turnaround plan.
HP posts huge quarterly loss
Hewlett-Packard Co reported on Wednesday a loss of USD 8.85 billion after a massive writedown of the value of its services business, most of which was related to its purchase of EDS.
Barnes & Noble posts smaller first-qtr loss
Barnes & Noble Inc reported a smaller first-quarter net loss on Tuesday, helped by a pickup in sales of digital content and the popularity of the Fifty Shades series.
HP ups 3rd quarter EPS outlook, takes $8 billion charge
Hewlett Packard Co raised its third-quarter earnings outlook and said it was taking an USD 8 billion goodwill impairment charge in its services unit.
Cognizant pips Infosys in revenues with Q2 results
Cognizant sees a blow-out in the second quarter of calendar year. With its strong Q2 revenue it has overthrown Infosys as the second largest IT player after TCS (in revenue terms).
Toyota rebounds to post stronger-than-expected profit
Toyota Motor Corp on Friday posted its largest quarterly operating profit in four years and raised its 2012 global sales target on the strength of demand for cars like the Camry and Prius in key markets such as the United States and Japan.
Toyota rebounds from disasters, but can it stay on track?
Toyota Motor Co. is back on its feet after a year marred by natural disasters, recapturing its crown as the world's top-selling carmaker and looking to raise its 2012 production and sales forecasts.
Harley-Davidson profit beats view, sales soft
Harley-Davidson Inc reported a better-than-expected 29.7%-rise in quarterly profit, but its shares slid 5% in early trading on concerns about weakening retail sales of its motorcycles.
Time Warner posts lower profit as ads disappoint
Time Warner Inc on Wednesday posted a lower quarterly profit as the media company saw declines in its film and TV entertainment and publishing units, while advertising revenue for its cable networks missed some analysts' expectations.
Pfizer beats forecasts, helped by cost cuts
Pfizer Inc reported higher-than-expected quarterly earnings, helped by cuts in research spending and other costs, and affirmed its 2012 profit forecast despite the negative impact of the stronger dollar.
Deutsche Bank investment bank profit plunges 63%
Deutsche Bank saw second-quarter profit plunge at its investment bank, hit by the euro zone debt crisis, underscoring the challenge facing its new leaders as they prepare a strategy overhaul.
Vedanta first-quarter core earnings rise 27%
India-focused miner Vedanta posted a 27 percent rise in first-quarter core earnings, as strong growth in power sales offset the impact of lower metal prices and zinc volumes.
Panasonic Q1 profit gains nearly 7-fold after cost-cutting
Japan's Panasonic Corp posted a nearly seven-fold gain in first-quarter operating profit after cutting costs to offset losses in its TV unit hammered by competition from foreign rivals including Samsung Electronics.
Honda quarterly profit jumps, but below market expectations
Honda Motor Co's operating profit rose less than expected in the April-June period to 176 billion yen, as a strong yen eroded some of the gains from its sales recovery in North America, its biggest and most profitable market.
Facebook's first results underwhelm, Amazon's outlook weak
Facebook Inc's first set of quarterly numbers failed to impress investors hoping for signs that the world's No. 1 social network can reverse a gradual deceleration in user and revenue growth.
Volkswagen H1 profit gains 6.7% on record vehicle sales
Volkswagen's first-half underlying profit rose 6.7% on record vehicle sales as Europe's biggest car maker kept to goals of increasing revenue and matching last year's record profit.
Roaring Europe sales lift Hyundai Q2 profit
South Korean automaker Hyundai Motor reported its 13th straight quarter of rising profits on Thursday, boosted by standout sales in Europe that offset a sluggish performance in its home market and China.
ArcelorMittal Q2 core profit declines 28.25% to USD 2.44bn
World's largest steel maker ArcelorMittal today posted a 28.25% decline in core profit to USD 2.44 billion for the quarter ended June 30, 2012, due to sagging demand in European markets and lower prices.
ArcelorMittal Q2 flattered by divestment gain
ArcelorMittal, the world's largest steelmaker, beat market expectations and cut net debt in the second quarter due to a divestment gain, but said the market was far more challenging than expected, with little change expected in the second half.
Apple revenue misses Wall Street forecasts, shares plunge
Apple Inc's quarterly revenue missed Wall Street expectations as brisk sales of new iPads failed to offset lower-than-expected sales of its iPhones, sending its shares down almost five percent.
Apple heads into choppy waters as new iPhone awaited
Apple Inc faces an unusual phenomenon when reporting earnings this time around: low expectations.
SocGen expects IT services cos' profits to fall this year
Societe Generale sees earnings at global software and IT services companies decline by 2% on an average this year.
Vodafone organic growth hit by India, UK slowdowns
Vodafone posted a sharp drop in quarterly organic growth as weak trading in Italy and unexpected slowdowns in Britain and India hit the world's largest mobile operator.
EBay second-quarter revenue climbs 23%
EBay Inc posted better-than-expected quarterly results on Wednesday, and the operator of the world's largest online marketplace stuck to its full-year forecasts as it avoided a hit from Europe's economic woes.
IBM second quarter EPS beats Street, revenue falls short
IBM posted second-quarter revenue of $25.8 billion and net earnings of $4.1 billion as the technology and consulting company benefited from strong demand for software services but was hit by currency effects.
