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The world's biggest smartphone maker kept its full-year investment plan conservative and warned it would be difficult to increase earnings in the first quarter as demand pulls back from the year-end holiday period.
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The world's largest software company Microsoft reported a profit of USD 6.56 billion, or 78 cents per share, compared with USD6.38 billion, or 76 cents per share, in the year-ago quarter.
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Hyundai posted a revenue of 21.94 trillion Korean won in the October to December period, a 3 percent fall from a year earlier. This marked its first year-on-year sales fall since at least 2011 when new accounting methods were adopted. Its global shipments went up 0.4 percent to 1.23 million vehicles in the fourth quarter.
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The gain will not affect its operating results or margins in the quarter ended December 31, the company said in a regulatory filing.
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Chief Executive Ginni Rometty said she and her team would forego their annual incentive payments for 2013, as IBM failed to grow revenue, especially in growth markets such as China.
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Anglo-Dutch multinational consumer goods company Unilever Plc reports strong fourth quarter earnings. Emerging markets underlying sales growth is up 8.4 percent versus 5.9 percent last quarter. Here‘s Pragya Bharadwaj of CNBC-TV18 with more details and takeaways from the concall.
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The Anglo-Dutch maker of Ben & Jerry's ice cream, Lipton tea and Dove soap - which generates more than half its sales from developing and emerging markets - said core earnings were 1.58 euros per share, above analysts' average estimate of about 1.53 euros per share.
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Intel said on Thursday it overestimated the extent of a recovery in spending among its enterprise customers, sending its stock lower, and pointed to political controversy in Washington, DC.
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Samsung is bracing itself for its weakest smartphone profit growth this year since it started making the devices in 2007, as arch rival Apple Inc challenges its domination in China's USD 80 billion market.
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The company, which announced a five-year partnership with Foxconn Technology Co Ltd to develop and manufacture a handset for Indonesia and other emerging markets, conceded that its biggest challenge was still in its core handset business.
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Net profit of Lafarge in the third quarter was 304 million euros (USD 411 million) from 303 million euros at the same time last year.
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Instability in Europe has forced companies there to cut costs by outsourcing. Cognizant, which operates on lower margins than its rivals, has been able to win a larger share of the business.
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Results benefited from USD 1.39 billion of gains from investments and derivatives, more than twice the USD 521 million a year earlier, but these do not factor into operating results.
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Revenues of Uninor declined to NOK 729 million for the reported quarter as compared to NOK 863 million in the same period last year.
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The world's largest social network said it earned net income of USD 425 million, or 17 cents a share, in the three months ended September 30, compared with a net loss USD 59 million, or 2 cents a share in the year-ago period.
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Shannon Cross, Cross Research say, "They guided for a solid quarter and it came in a little bit above where they guided. The upside looks like more aggressive share-repurchase and better iPhone numbers than people were expecting."
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The world's largest software company, which is shifting its focus to devices and services, on Thursday posted a profit of USD 5.2 billion, or 62 cents per share, up from USD 4.5 billion, or 53 cents per share, in the year-ago quarter.
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The world's largest retailer posted revenue of USD 17.1 billion in the third quarter, up from USD 13.8 billion a year earlier. Analysts had expected it to post sales of USD 16.8 billion on average.
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The smartphone leader has posted a record profit in six of the past seven quarters but may find it hard to extend its winning streak without a new hit gadget, after less-than-spectacular launches of its Galaxy Gear smartwatch and Galaxy Round curved phone in recent months.
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LG, the world's third biggest smartphone maker, said its handset operation made an 80 billion won loss, versus a 4 billion won loss a year ago and a 61 billion won profit in the second quarter.
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The Anglo-Dutch maker of Ben & Jerry's ice cream and Dove skincare products had warned in September that a slowdown - in places like Indonesia, Brazil and Vietnam - had accelerated, and that it expected underlying sales growth of only 3 percent to 3.5 percent.
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Hyundai Motor's net profit rose 3.9 percent to 2.3 trillion won in the third quarter ended September compared with a earlier. That was slightly above an average forecast of 2.17 trillion won according to Thomson Reuters I/B/E/S.
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Google's business, like rivals Facebook Inc and Yahoo Inc , has come under pressure as more consumers access its online services on mobile devices such as smartphones and tablets, where advertising rates are lower than on PCs.
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Net income rose 6 percent to USD 2.45 billion, or 54 cents per share, in the third quarter from USD 2.31 billion, or 50 cents per share, a year earlier.
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The bank posted a loss of USD 380 million, or 17 cents per share, in the third quarter, compared with net income of USD 5.71 billion, or USD 1.40 per share, a year earlier.
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Information Technology servics firm iGate posted a 12.7 percent increase in its net income for the third quarter ended in September.
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The firm reported a 4 percent increase in revenue to USD 7.1 billion for the fourth quarter of fiscal 2013 from a year earlier, while revenue for the entire fiscal climbed 3 percent to USD 28.6 billion.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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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.
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Monster Worldwide, Inc. today reported financial results for the second quarter ended June 30, 2013
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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.
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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
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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.
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General Cable reports adjusted operating income of $84.5m
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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.
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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
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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
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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.
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Panasonic's April-June operating profit of 64.2 billion yen topped the average expectation of 49.5 billion yen from three analysts surveyed
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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.
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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
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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.
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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.
