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Shell's second-quarter earnings on a current cost of supplies (CCS) basis attributable to shareholders (excluding identified items) was USD 1 billion, down from USD 3.8 billion in the same period last year, a 70 percent fall.
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The quarterly profit compared to a net loss attributable to shareholders of CHF302 million in the first quarter of 2016, but represented an 84 percent fall on net profits of just over CHF1 billion the same period in 2015.
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The world's No. 1 maker of smartphones and memory chips said mobile sales would likely remain buoyant in the third quarter but marketing costs would rise as rivals launch new models.
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Its second-quarter net income was down 98 percent from the same period in the previous year, to 20 million euro (USD 22 million), while revenues were down 20 percent to 7.4 billion euro.
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Nintendo's group operating loss in the April-June quarter stood at 5.13 billion yen (USD 47.33 million), compared with an operating profit of 1.15 billion yen in the same period a year earlier.
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BP reported a second-quarter underlying replacement cost profit, the company's definition of net income, of USD 720 million, down from $1.3 billion in the same quarter last year and USD 120 million below an analyst consensus provided by the company.
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The world's fifth-biggest automaker, together with affiliate Kia Motors, said on Tuesday its April-June net profit slipped 2.6 percent to 1.66 trillion won (USD 1.46 billion) from a year ago. That was just below a consensus forecast of 1.67 trillion won from a Reuters' poll of 19 analysts.
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Total sales revenue reached 245.5 billion yuan (USD 36.7 billion) in January-June, audited results released in a company statement showed.
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The world's second-largest mobile operator confirmed its outlook for the full year on Friday, saying its European markets - which only returned to growth in the final quarter of 2015/2016 - were stable, with growth of 0.3 percent despite the impact of cuts in roaming charges.
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The company's posted net income of USD 3.12 billion, or 39 cents per share, for the fourth quarter ended June 30, compared with a loss of USD 3.2 billion, or 40 cents per share, a year earlier.
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Big Blue has made solid progress as it shifts into high-growth areas such as cloud-based services, and both profit and revenue beat analysts' expectations in the second quarter.
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The company said it ended the second quarter with 83 million subscribers, adding 1.7 million. That was well below Netflix's own forecast of 2.5 million additions and lower than many analyst forecasts.
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Bank of America isn't alone in its struggle to boost earnings without a lift from higher rates. Its decline in profits, despite loan growth, mirrored that of rivals that have reported results lately, including JPMorgan Chase & Co , Wells Fargo & Co and Citigroup Inc .
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IBM also stood by its full-year forecast for adjusted earnings of at least USD 13.50 per share, dispelling any concerns about the impact from Britain's vote to leave the European Union.
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Yahoo reported adjusted earnings of 9 cents per share, short of the 10 cents that analysts expected. It also announced a USD 482 million write-down on the value of Tumblr, the social media service that it acquired in 2013 for USD 1.1 billion.
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Analysts expected the company to report earnings of about 9 cents per share on USD 5.2 billion in revenue, according to a consensus estimate from Thomson Reuters.
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Earnings before interest and tax (Ebit), adjusted for special items, climbed "significantly above" market expectations to 3.97 billion euros (USD 4.39 billion) from 3.76 billion a year earlier, Stuttgart-based Daimler said in preliminary results published on Monday after trading hours.
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The world's second-biggest TV maker by market share, behind compatriot Samsung Electronics Co Ltd, said in a regulatory filing that April-June profit was likely 585 billion won (USD 504 million), compared with the 599 billion won average of 23 analyst estimates in a Thomson Reuters I/B/E/S survey.
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However, the mid-range of the company's forecast for fourth-quarter revenue fell slightly below analysts' average estimate.
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The company's fiscal fourth quarter results Tuesday still beat Wall Street expectations, as FedEx and other delivery companies continue to benefit as consumers do more shopping online.
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Provisions for non-performing assets went up nearly four-fold to Rs 239.75 crore from Rs 54.74 crore, but there was heavy fall in other provisions to Rs 170.95 crore from Rs 871.30 crore.
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The company's shares reversed course to trade up more than 2 percent at USD 12.45 after the bell on Wednesday.
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The electronics maker expects operating profit to rise just 2 percent to 300 billion yen (USD 2.75 billion) for the year ending March, versus the 409 billion yen average of 27 analyst estimates compiled by Thomson Reuters.
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Essar Oil UK, which owns and operates the Stanlow refinery, on May 23 said its net profit rose over three-fold to USD 244 million in 2015-16, aided by cost
optimisation measures
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The British telco, which is planning to launch a share sale in the country, had reported earnings before interest, taxes, depreciation and amortisation of Rs 12,598 crore in the year-ago period.
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The world's second-largest mobile phone operator reported full-year revenue of £41 billion (USD 59 billion), up 2.3 percent on an underlying basis and broadly meeting market forecasts, reflecting a better performance in South Africa, Egypt and Turkey.
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The company said earnings before interest, tax, depreciation and amortisation fell to USD 2.34 billion for the year ended March 31 from USD 3.74 billion a year earlier.
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The loss for the year ended in March, in line with estimates given earlier this week, was its third in the past four financial years.
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After net profit rose 6.4 percent in the year ended March to 2.31 trillion yen (USD 21.26 billion), Toyota is forecasting it will drop this year to 1.5 trillion yen. That is far short of an average estimate of 2.25 trillion yen for the current year, based on predictions from 28 analysts polled by Thomson Reuters I/B/E/S.
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In its first unified earnings report since taking control of rival Alcatel-Lucent in January, Nokia also nudged up its cost-cutting target for the merger, saying it was now seeking savings of "above" 900 million euros (USD1 billion) in the course of 2018, compared with "approximately" 900 million euros previously
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ArcelorMittal today said its net loss narrowed down to USD 416 million (about Rs 2,766 crore) in the
quarter ended March 31, but the steel giant reported a rise in debt to USD 17.3 billion during the period.
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Cognizant has lowered its revenue forecast for the fiscal 2016 to be in the range of USD 13.65-14 billion from its earlier estimate of USD 13.65-14.2 billion.
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Revenue hit 24.18 billion yuan (USD 3.75 billion) for the three months to March, it said in its quarterly results announcement, defying both China's economic slowdown and increasing competition in the world's biggest e-commerce market.
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The 7.3 percent fall in revenue was worse than analysts had expected, but the company's shares were flat after-hours.
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In its first earnings results since its February 15 USD 54 billion acquisition of BG Group, the Anglo-Dutch company reported current cost of supplies (CCS) earnings excluding identified items, the company's definition of net income, of USD 1.55 billion, compared with analysts' expectations of USD 1.04 billion.
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Net income came in at 1.814 billion euros (USD 2.09 billion), up 10 percent from the same quarter in the previous year and above a forecast of 1.664 billion euros. Underlying net profit accounting for one-off items came in at 1.607 billion, up 4 percent year-on-year.
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UBS's wealth management businesses attracted net new money of 29 billion Swiss francs between January and March, which was a quarterly record since 2008.
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HSBC, Europe's biggest bank, reported on Tuesday a pretax profit of USD 6.1 billion for the first three months of this year, down from USD 7.1 billion a year ago, but above the average forecast of USD 4.3 billion from analysts polled by the company.
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Adjusted net income (ANI) stood at USD 26.9 million compared to USD 22.9 million in Q4 of last year.
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The results draw a sharp contrast to the disappointing fourth quarter Amazon reported in January, which renewed worries among some shareholders about the company's comparatively thin profit margins. Shares of the world's biggest online retailer jumped nearly 13 percent to USD 679 in extended trading on Thursday.
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Operating profit more than quadrupled to 294.2 billion yen (USD2.70 billion) for the year ended March, roughly in line with the firm's forecast announced earlier this month.
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The group posted a revenue decline of 22 percent year-on-year to 8.1 billion euros which it said "reflected a challenging environment and the impact of strategic decisions to downsize and exit certain businesses."
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The company's shares rose 9.5 percent in after-hours trading on Wednesday to USD 118.39, setting it on track to open at a new high on Thursday, at nearly triple its initial public offering four years ago.
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Twitter shares plunged 13.6 percent to USD15.34 in late trade on Tuesday after reporting lower-than-expected revenue, hurt by weaker than expected spending by big advertisers, and providing a current-quarter revenue forecast well below analysts' expectations.
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A reduction in component costs as well as favourable exchange rates had caused some analysts to lift their forecasts for LG Display's January-March earnings.
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The company's sales dropped by more than a quarter in China, its most important market after the United States, and it also forecast another disappointing quarter for global revenues.
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A plunge in PC sales and slower growth for smartphones globally has hit the sector hard, prompting Intel Corp to say this month it would cut up to 12,000 jobs.
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The e-commerce company has been executing its plan to offer a bigger selection of products, new brands and more small business sellers on its platform, along with getting sellers to offer detailed product data and reviews, Chief Executive Devin Wenig said on a conference call.
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Apple yesterday said iPhone sales dropped year-over-year for the first time, slipping to 51.19 million in the recently ended quarter compared with 61.17 million in the same period a year ago.
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News and information company Thomson Reuters Corp on Tuesday reported higher-than-expected quarterly earnings, but revenue slightly missed forecasts, hurt by currency fluctuations.
