Verizon profit beats estimates as more subscribers sign up

Published 21/07/2015

Verizon Communications Inc reported a better-than-expected rise in quarterly profit as more users signed up for its postpaid wireless services and subscriber defections fell to [more…]

SAP CFO says pipeline looks very healthy

Published 21/07/2015

FRANKFURT/STUTTGART SAP's order pipeline for the second half of the year is "very healthy" and will offset a decline in sales from its packaged software [more…]

SAP’s packaged software suffers amid switch to cloud

Published 21/07/2015

FRANKFURT German business software maker SAP posted quarterly profit at the low end of forecasts, hit by weak sales of its traditional packaged software and [more…]

Citi posts highest profit since financial crisis, shares rise

Published 16/07/2015

Citigroup Inc, the third biggest U.S. bank by assets, reported its highest quarterly profit since the financial crisis as Chief Executive Michael Corbat's restructuring and [more…]

Samsung Electronics profit guidance suggests costly S6 miss

Published 07/07/2015

SEOUL South Korean tech giant Samsung Electronics Co Ltd (005930.KS) on Tuesday guided for weaker-than-expected second-quarter earnings, as a supply shortage plagued its latest smartphone [more…]

Samsung Elec says second quarter operating profit likely down 4 percent year on year

Published 06/07/2015

SEOUL Tech giant Samsung Electronics Co Ltd (005930.KS) said on Tuesday that operating profit for the April-June quarter will likely be 6.9 trillion won ($6.13 [more…] profit misses forecasts on Asia, Latam weakness profit misses forecasts on Asia, Latam weakness

Published 25/04/2014

A Whirlpool logo is seen on a range door at the Whirlpool manufacturing plant in Cleveland, Tennessee August 21, 2013. REUTERS/Chris Berry

Whirlpool Corp (WHR.N) on Friday reported quarterly results below analysts' expectations as currency and other headwinds in Latin America and Asia offset a modest sales increase in North America and Europe.