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- Sage First-half Profit Beats Forecasts
- By Erica Billingham LONDON (Reuters UK) - Sage Group (SGE), Britain's biggest software company, posted first-half underlying profit above analysts' forecasts and said it was confident for the full year, boosting its shares in brisk trading. Sage, which sells business management software and services to...
- News items 2008-05-08
- News Corp Profit Rises on Cable and TV Ratings
- NEW YORK (Reuters UK) - Rupert Murdoch's News Corp (NWSa) said on Wednesday its quarterly net profit rose three-fold on higher advertising sales at the Fox TV network and Fox News Channel, as well as a one-time gain from its stock swap with Liberty Media...
- News items 2008-05-07
- Farmers Will Make Money Again: ABARE
- Australian farmers will make money instead of losing it this year as the agricultural sector bounces back from the worst of the drought, the nation's commodity forecaster says.Farm incomes are tipped to soar - tripling in some cases - after a horror 2006-07.The wool industry will lead the way...
- News items 2008-05-07
- News Corp Books $A2.84b FQ3 Net Profit
- Rupert Murdoch's News Corp has reported a third quarter net profit of $US2.694 billion ($A2.84 billion), boosted by growth in the group's television and cable network businesses.The result compared to a net profit of $US871 million ($A917.42 million) in the previous corresponding quarter.The international news and entertainment colossus said...
- News items 2008-05-08
- eLayaway Offers New Solution to Sluggish Retail Sales
- Remember layaway? If your mom couldn't afford something, she put 10 percent down and paid a few bucks a week through the layaway window until the item was paid off and she could bring it home. Now it's coming back as retailers and shoppers alike question the...
- Blog posts 2008-05-06
- Wyndham Worldwide Profit Falls, Holds Forecast
- NEW YORK (Reuters) - Wyndham Worldwide Corp (WYN), the world's No. 2 hotel group by rooms, said on Thursday first-quarter profit fell as growth in its economy hotel business was offset by a one-time charge related to the rebranding of its...
- News items 2008-05-01
- InterContinental Profits Up
- By Mike Elliott LONDON (Reuters UK) - InterContinental Hotels Group (IHG), the world's largest hotelier, reported a 22 percent rise in first-quarter profit and said it was well placed for further growth despite an economic downturn. The company, which operates InterContinental, Crowne Plaza and Holiday...
- News items 2008-05-07
- InterContinental Profits Up, Outlook Positive
- By Mike Elliott LONDON (Reuters) - InterContinental Hotels Group Plc (IHG), the world's largest hotelier, reported a 22 percent rise in first-quarter profit and said it was well placed for further growth despite an economic downturn. The Britain-based company, which operates InterContinental, ...
- News items 2008-05-07
- Starbucks Profit Falls as Consumer Weakens
- LOS ANGELES (Reuters) - Starbucks Corp (SBUX) on Wednesday reported a 28 percent drop in quarterly profit and announced plans to further cut U.S. store openings, but said it sees international business margins improving. The coffee shop chain, which is struggling to turn...
- News items 2008-04-30
- CBS Earnings Beat Forecasts
- NEW YORK (Reuters) - CBS Corp (CBS) reported a greater-than-expected rise in earnings on Tuesday, helped by healthier results from its television business, and boosted its dividend by 8 percent. CBS reported first-quarter net earnings of $244.3 million, or 36 cents...
- News items 2008-04-29
- Tyco Int'l Quarterly Operating Profit Rises
- NEW YORK (Reuters) - Tyco International Ltd (TYC) reported higher quarterly profits from continuing operations on Thursday as four of the industrial conglomerate's five divisions, including its ADT security unit, posted double-digit increases in operating income. Income from continuing operations was...
- News items 2008-05-01
- Nortel Says Will Meet Targets Despite Loss
- By Wojtek Dabrowski TORONTO (Reuters) - Nortel Networks Corp (NT)(NT) posted a bigger first-quarter loss on Friday as a series of charges weighed on results, but the telecommunications equipment maker reassured investors that it still expects to meet its full-year targets....
- News items 2008-05-02
- Dollar, Global Stocks Lose Ground After Friday Gains
- By Gerrard Raven LONDON (Reuters) - The dollar and European stocks weakened slightly on Monday in holiday-thinned markets while euro zone government bonds rose after positions became oversold following Friday's better than expected U.S. employment data. Oil prices were on the rise again...
- News items 2008-05-05
- Google Sees YouTube Products Soon; Warm on Yahoo
- MOUNTAIN VIEW, California (Reuters) - Google Inc (GOOG) expects to launch new products for its YouTube Web video service in the next few months and sees reason for closer cooperation with Yahoo Inc (YHOO), Google Chief Executive Eric Schmidt said on...
- News items 2008-05-08
- Washington Post Quarterly Profit Falls
- NEW YORK (Reuters) - The Washington Post Co (WPO) posted a lower-than-expected quarterly profit on Friday as it took a charge for an early retirement program at its Newsweek magazine. First-quarter net income fell to $39.3 million, or $4.08 a share,...
- News items 2008-05-02
- Virgin Mobile U.S. Profit Down
- NEW YORK (Reuters UK) - Wireless service provider Virgin Mobile (VM) on Monday posted a drop in quarterly profit and revenue on weak subscriber growth and forecast net customer losses in the current quarter. Its shares fell 20 percent to $3 after it forecast net ...
- News items 2008-05-05
- Macquarie's French Op Posts Revenue Lift
- Macquarie-owned French tollway operator, Autoroutes Paris-Rhin-Rhône Group (APRR), has posted a 7.1 per cent lift in revenue to 448.1 million euros ($A750.65 million) in the three months to March 31, 2008.In the three months, traffic, measured by the number of kilometres travelled, totalled 4,909 million, up 4.6 per cent...
- News items 2008-04-28
- Chunk of Chevron's Job Cuts Seen in 2008: Filing
- NEW YORK (Reuters) - Pointing at a slew of job cuts, Chevron Corp (CVX) said in a regulatory filing that about 1,100 employees were eligible for severance payments, after it implemented a restructuring plan in 2007. Severance payments for about 300 staffers, mostly...
- News items 2008-05-09
- Marvel Stock Up on "Iron Man" Success
- By John Tilak BANGALORE (Reuters) - Shares of Marvel Entertainment Inc soared almost 10 percent after "Iron Man," its first self-produced film, had a dream run at the box office over the weekend, raking in more than $100 million in ticket sales, far...
- News items 2008-05-05
- Cablevision Submits $650 Mln Bid For Newsday: Source
- By Jui Chakravorty Das NEW YORK (Reuters) - Cablevision Systems Corp (CVC) has made a $650 million bid for Tribune Co's Newsday newspaper, topping rival offers from media titans Rupert Murdoch and Mortimer Zuckerman, a source briefed on the matter said on ...
- News items 2008-05-02
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