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Hyundai Motor, the world's fifth-biggest automaker together with affiliate Kia Motors, reported on Tuesday a 12 percent drop in first-quarter net profit to 1.69 trillion won (USD 1.47 billion).
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Although the world's biggest prescription drugmaker's first-quarter core net income fell 13 percent to USD 2.79 billion, it beat the USD 2.76 billion average of estimates from analysts polled by Reuters and lifted the company's shares.
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Two categories showed lower operating profits, led by what Microsoft calls its intelligent cloud division, which includes its Azure cloud-services business as well as traditional server software.
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Revenue increased to 10.5 billion euros (USD 11.86 billion) in January-March from 9.39 billion a year earlier, the company said in a statement.
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LG Electronics said in a regulatory filing it expects a January-March profit of 505 billion won (USD 441 million), compared with 305 billion won a year earlier. That would be well above an average forecast for 408 billion won from a Thomson Reuters I/B/E/S survey of 25 analysts.
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The outlook will raise hopes the South Korean firm's struggling mobile business is on track to post its first annual profit gain in three years after a healthy start for new premium products and improved mid-to-low tier devices.
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The chief executive of Malaysia Airlines said today that the carrier recorded a profit in February, its first positive monthly result in years, and is on track to return to the black by 2018.
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The Waterloo, Ontario-based firm reported a net loss of USD 208 million for the year ended on February 29, while revenues fell more than 35 percent to USD 2.16 billion.
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Net profit rose to 36.9 billion yuan (USD 5.7 billion), it said in a statement. Huawei, which saw growth in all three of its business units, saw a 37 percent year-on-year increase in global revenues to 395 billion yuan despite economic headwinds.
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Citing an unnamed source, the paper said January-March earnings for the world's top smartphone maker were boosted by strong sales of the flagship Galaxy S7 smartphones that went on sale in March as well as a weaker South Korean won.
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Accenture has been investing heavily to boost its digital business, which offers analytics, content management, social media and cloud services to businesses.
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Group adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) totalled USD 8.7 billion, Glencore said, in line with analysts' expectations.
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"These figures exceed the company's guidance for 2015 and enable it to step up the targets in the Business Plan for 2017 and bring them forward to 2016," the company said in a press release.
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Baidu said revenue, driven by advertising spending, grew 33 percent to 18.70 billion yuan (USD 2.86 billion). That beat the 31.9 percent rise expected by analysts, but was still Baidu's slowest quarterly growth for over seven years as room for expansion in its core Internet search business decreases.
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StanChart said its underlying 2015 pretax profit was USD 800 million, less than a fifth of the previous year's total of USD 5.2 billion. That was lower than analysts' average estimate of USD 899 million, according to Thomson Reuters data.
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Full-year profits for last year came in at USD 18.8 billion, missing expectations for USD 21.8 billion, according to a Reuters poll.
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DBS's net profit came in at SD1 billion (USD 711 million) in the three months ended December, versus SD838 million a year earlier and above an average forecast of SD978 million from six analysts polled by Reuters.
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Turnover was up 19 percent on the back of record unit sales of 503,127, up 8 percent from 2014.
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The bank said risks are largely manageable and the underlying economic fundamentals are strong enough to withstand shocks as the region enters a period of slower growth.
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Nokia's network gear business, which accounts for more than 90 percent of its stand-alone sales, reported fourth-quarter operating profit margin of 14.6 percent, comptechared to 14.0 percent a year earlier and 13.8 percent in a Reuters poll of analysts.
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R Chandrasekaran, Group Chief Executive, Cognizant India,sees a little softness in the first quarter due to the macroeconomic environment dragging financial services and consolidation among peer companies in the healthcare segment.
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Cognizant's revenue rose 17.9 percent to USD 3.23 billion in the fourth quarter ended December 31.
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Suzuki cut its annual net profit outlook by 4 percent to 120 billion yen, saying a planned cut in the corporate tax rate will affect its calculations for deferred tax assets. The forecast is, however, still higher than last year's net profit of 96.9 billion yen.
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ArcelorMittal's share price has dropped 60 percent in the past 12 months, cutting the group's market value to just 6.2 billion euros (USD 6.94 billion). The shares were down a further 7.5 percent in early trading on Friday, making them by far the worst performer in the European index.
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The Corolla and Prius maker also slightly raised its fiscal year profit forecast to 2.27 trillion yen, but unit sales were down in most regions, including Europe and Japan, while North America rose.
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Newspaper and magazine publishers have been under unabated pressure to offset a decline in print advertising dollars by shoring up their digital business to attract advertisers and by boosting subscriptions.
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Profit adjusted for changes in the value of inventories and one-time items dropped to USD 1.83 billion from USD 3.26 billion in the same period a year earlier, the Anglo-Dutch energy giant said today.
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The Swiss banking giant posted a net loss of 5.83 billion Swiss francs (USD 5.8 billion), compared to a net profit 691 million francs a year earlier. It reported a pretax quarterly loss of 6.4 billion, including a 3.8-billion-franc impairment charge linked to its acquisition of Donaldson, Lufkin & Jenrette investment bank in 2000.
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The world's second largest operator reported organic service revenue of 9.2 billion pounds, in line with analyst forecasts, on Thursday and said it was on track to deliver full-year core earnings of between 11.7 billion and 12.0 billion pounds.
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Lenovo said net profit for the three months ended December 31 was USD 300 million, a 19 percent increase year-on-year and higher than the average estimate of analysts polled by Bloomberg, who predicted a decline in profit to USD 242.5 million.
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BP suffered a loss after taxation of USD 6.48 billion (5.97 billion euros) last year, compared with a net profit of USD 3.78 billion in 2014, it said in a results statement.
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The group reported net profit up 79 percent at 6.2 billion Swiss francs, ahead of a consensus forecast compiled by Reuters of 5.75 billion Swiss francs.
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Alphabet yesterday reported that quarterly profit rose five percent to USD 4.92 billion on the back of strong online advertising revenue. The California-based Internet colossus said its revenue topped USD 21.3 billion in the final three months of last year.
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Sony said October-December operating profit rose to 202.1 billion yen (USD 1.68 billion) from 182.1 billion yen a year prior, beating the average 175 billion yen forecast of 8 analysts according to Thomson Reuters data.
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Alibaba's US-listed shares were down about 1 percent Thursday. Oppenheimer's Internet analyst Jason Helfstein told CNBC's "Squawk Box" that the stock is moving down on concerns about the yuan.
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Microsoft made a profit of USD 5 billion on USD 23.8 billion in revenue in the final three months of last year, it said, propelling the company's shares about seven percent when the earnings figures hit, before giving up some of the ground.
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Net profit of USD 35 million in October-December was 285 percent higher than USD 9.1 million profit in the same period a year ago, the company said in a statement issued here. Revenue was, however, 38 per cent lower at USD 1.09 billion due to lower oil prices.
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Facebook's fourth-quarter report released yesterday provided the latest gauge of the company's impressive strides.
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Net profit for October to December amounted to 3.22 trillion won (USD 2.7 billion), down 39.7 percent from a year ago, the company said in a statement.
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The Italian-American carmaker reported 2015 net profit of 377 million euros (USD 409 million), down from 632 million euros a year earlier and lagging analyst expectations of 540 million euros. Fourth-quarter net profit fell 40 percent to 251 million euros.
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Excluding asset sales net profits at the world's largest pharmaceutical company by sales fell by 5 percent to USD 12 billion, missing expectations of analysts polled by the Swiss financial news agency AWP of an average of USD 12.1 billion.
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The firm also said company veteran Fujio Mitarai will step down as president but remain as CEO and chairman, following the company's general shareholders meeting on March 30.
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Posting last year's earnings results, the Dutch giant said today that net profit attributable to shareholders was 645 million euros (USD 700 million) compared to 415 million euros in 2014 -- a hike of 55 percent.
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AT&T Inc, the No. 2 US wireless carrier, said fourth-quarter revenue grew less than expected as it added fewer mainstream wireless customers than a year ago due to stiffer competition from rivals.
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The results were largely in line with expectations that sales of iPhones -- the driver of two-thirds of Apple revenue -- had peaked and that the company would need to find new sources of growth.
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Last August De Beers, the world's biggest diamond producer, lowered prices by as much as nine percent to boost sales.
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Hyundai, along with its smaller affiliate Kia, forms the world's fifth-largest automaking group. The firm's net profit has fallen for three straight years since 2013 as a strong won, coupled with a weakening yen, blunted its price competitiveness against Japanese rivals in global markets.
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Alibaba's revenue for the quarter ending December is projected to grow at 26.6 percent, according to a Thomson Reuters SmartEstimate survey of 28 analysts, which would be the slowest rate since the company started publishing such data 3-1/2 years ago.
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Some of these losses had already been announced earlier in 2015 but the bank reported additional litigation charges of 1.2 billion euros in the fourth quarter.
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Shares of the company, which receives more than half its revenue from markets outside the United States, fell 3 percent in extended trading on Tuesday.
