Operational Accounting Resources on BNET
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Operational Accounting

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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...
Tags: Revenue, Health Care, U.K., Sage Healthcare, Operational Accounting, Finance, Oukbs, US
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...
Tags: Revenue, Swap, Rupert Murdoch, TV, Cable, MySpace, Liberty Media Corp., Operational Accounting
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...
Tags: Income, Survey, Drought, Operational Accounting, Finance, AAP
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...
Tags: Advertisement, Growth, Income, TV, News Corp., Operational Accounting, Finance, AAP
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...
Tags: Payment, Credit Card, Retail Company, Sales, Retail, Operational Accounting, Finance, Lisa Everitt
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...
Tags: Operational accounting, Wyndham Worldwide Corp., Cendant Corp., revenue, Porter five forces, earnings forecast, analyst, net profit, Thomson Reuters Corp., New York, quarterly profit, accounting, brand, industry, environment, sales
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...
Tags: Pound, Hotel, InterContinental Hotels Group, Operational Accounting, Finance, Oukbs
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, ...
Tags: hotelier, economic downturn, London, Thomson Reuters Corp., operating profit, analyst, brand, environment
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...
Tags: Financial accounting, Starbucks Corp., opening, quarterly profit, Los Angeles, same-store sales, U.S., Thomson Reuters Corp., net income, revenue, environment, financial
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...
Tags: Operational accounting, Financial accounting, CBS Broadcasting Inc., dividend, earnings, revenue, income, TV, amortization, Thomson Reuters Corp., New York, earnings per share, analyst, radio
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...
Tags: Operational accounting, Tyco International Ltd., income, quarterly profit, operating profit, New York, Thomson Reuters Corp., security, sales
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....
Tags: Research & Development, TELECOMMUNICATIONS, telephone equipment maker, Ottawa, R&D, Nortel Networks Corp., chief technology officer, North America, Microsoft Windows NT, Thomson Reuters Corp., job, phone
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...
Tags: Investment, Iran, payroll, London, U.S., fixed income, investor, trader, Thomson Reuters Corp., incentive, job, stock, industry
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...
Tags: Investment, Financial accounting, online advertising, Google Inc., slump, stock option, quarterly profit, revenue, cost control, Yahoo! Inc., Thomson Reuters Corp., San Francisco, search result, stock, Internet search, analyst, advertisement, performance, U.S., wall, Web, Mic
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,...
Tags: Washington Post Co., New York, quarterly profit, Thomson Reuters Corp.
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 $3 after it forecast net ...
Tags: Virgin Mobile, Operational Accounting, Telecom & Utilities, Financial Accounting, Finance, Oukbs, Sprint Nextel Corp.
News items 2008-05-05
Macquarie's French Op Posts Revenue Lift
Macquarie-owned French tollway operator, Autoroutes Paris-Rhin-Rhône Group (APRR), has posted a 7.1 per cent lift in revenue to 448.1 million euros ($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...
Tags: Revenue, Australian Associated Press Pty Ltd., Macquarie, Operational Accounting, Finance, AAP
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...
Tags: Job, Chevron Corp., Recruitment & Selection, Operational Accounting, Human Resources, Workforce Management, Finance
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...
Tags: Sales strategy, box-office, Marvel Entertainment Inc., Bangalore, marketing, income, sales, analyst, Thomson Reuters Corp., video game, stock, industry, TV, game, video
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 ...
Tags: Newsday, Cablevision Systems Corp., Tribune Co., Rupert Murdoch, News Corp., Thomson Reuters Corp., New York, back-office, real estate, printing, tax, entertainment, advertisement
News items 2008-05-02
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