Airlines Third-Quarter Earnings ForecastsOctober 8th, 2009 Airlines Third-Quarter Earnings ForecastsHere are the consensus forecasts of analysts for third-quarter earnings or loss per share and revenue for the nation's nine largest airline companies, according to Thomson Reuters as of Thursday morning. Figures from third quarter of 2008 are in parentheses.
Infosys projects 5.4 percent revenue decline for third quarterOctober 8th, 2009 BANGALORE - Infosys Technologies Ltd has projected revenue of Rs.54.76 billion (Rs.5,476 crore) for the third quarter (October-December) of this fiscal (2009-10), indicating a decline of 5.4 percent year-on-year (YoY) as per the Indian accounting standard. In a regulatory filing Friday, the IT bellwether said its consolidated income for this fiscal (FY 2010) was expected to be about Rs.220.55 billion (Rs.22,055 crore), which would be a marginal growth of 1.2-1.7 percent YoY as per the Indian accounting standard.
Optical equipment maker Oclaro raises outlook for its 1st-qtr revenue to $82M to $87MSeptember 21st, 2009 Oclaro raises outlook for its 1Q revenueSAN JOSE, Calif. — Oclaro Inc.
Air Transport Association says US carriers saw big drop in July passenger revenueAugust 21st, 2009 Air passenger revenue saw big July dropWASHINGTON — Passenger revenue based on a sample group of carriers fell 21 percent in July compared with the same month a year ago, a trade group for U.S. airlines said Thursday.
Big pharma: Prescription sales and growth trends of the world's top 20 drugmakersAugust 7th, 2009 Ranking Rx: Top 20 drugmakers by annual salesRankings of the world's Top 20 drugmakers, based on global prescription drug sales for the year ending in March 2009, when total pharmaceutical industry revenue grew about 5 percent to more than $720 billion. Figures do not include revenue of company units selling consumer and animal health products, medical devices or diagnostic products.
Fixed-line phone market to grow by 22 percent by 2013: GartnerJuly 27th, 2009 NEW DELHI - India's fixed-line telephone market will grow by 22 percent to reach Rs.5,500 crore (Rs.55 billion/$1.1 billion) by 2013, says a report by IT research and advisory firm Gartner. "The Indian fixed-line market will see growth from broadband and Internet access sectors, which will together grow at the rate of 22 percent to reach Rs.55 billion by 2013," the report released here Monday said.
Compass Group says 9-month revenue up nearly 1 percent on continued gains in North AmericaJuly 23rd, 2009 Compass Group says 9-month revenue up 1 pctLONDON — Compass Group PLC, the world's largest food service company, said Thursday that revenue rose nearly 1 percent in the nine months to June 30 despite the recession's impact on the business, sports and leisure industries. Gains in revenue in North America offset declines in Europe.
Promoter stake reduction could raise Rs.159,000 croreJuly 22nd, 2009 MUMBAI - Listed companies could raise over Rs.159,000 crore if Finance Minister Pranab Mukherjee's proposal to reduce promoter stake in all listed companies to 75 percent becomes a policy, a report released Wednesday said. Of this, state-owned firms alone will contribute as much as Rs.138,000 crore, the report by broking firm SMC Capitals said.
Wipro net up 12 percent in first quarterJuly 22nd, 2009 BANGALORE - Wipro Ltd posted net profit of Rs.10.16 billion (Rs.1,016 crore) for the first quarter (April-June) of this fiscal (2009-10), registering 12 percent year-on-year (YoY) growth as per the Indian accounting standard. In a regulatory filing Wednesday, the IT bellwether said consolidated revenue for the quarter (Q1) was Rs.62.74 billion (Rs.6,274 crore), an increase of five percent YoY as per the Indian accounting standard.
ISRO eyes 25 percent revenue growth in 2009-10July 4th, 2009 KOLKATA - The Indian Space Research Organisation is expecting a 25 percent growth in its revenue in 2009-10, ISRO chairman G. Madhavan Nair said here Saturday.
Internet ad revenue falls 5 pct in first quarter, first year-over-year decline since 2002June 5th, 2009 Internet ad revenue falls 5 pct in first quarterPHILADELPHIA — Internet advertising revenue is down 5 percent. The decline in the first quarter of 2009 represents the first year-over-year decline in seven years as the recession takes its toll even on the hardiest of ad sectors.
SAIC 1st-quarter profit rises 13 percent on strong revenue growth; backs outlookJune 3rd, 2009 SAIC 1st-quarter profit rises 13 percentWASHINGTON — SAIC Inc. says its first quarter profit grew 13 percent as revenue soared on U.S.
InVentiv Health says profit decreased 2 percent as communications revenue fell 20 percentMay 8th, 2009 InVentiv 1Q profit slips on communications revenueSOMERSET, N.J. — InVentiv Health Inc., which provides services for the pharmaceutical and life sciences industries, said Friday its profit slipped 2 percent in the first quarter due to falling demand for its communications business.
Advertising company WPP reports fall in 1Q revenue and weak outlook; shares fallApril 28th, 2009 WPP shares fall on revenue dropLONDON — Shares in Britain's WPP Group PLC, the world's largest advertising company by revenue, dropped on Tuesday after the company reported a fall in first quarter revenue and said it would not meet its full year forecasts. WPP, which owns Ogilvy & Mather, Young & Rubicam and Hill & Knowlton, said the economic downturn was most keenly felt in the United States, where clients cut spending in reaction to the global financial crisis.
China's fiscal revenue in March down 0.3 percentApril 13th, 2009 BEIJING - China's fiscal revenue in March 2009 was 440.22 billion yuan ($64.43 billion), 0.3 percent less than the figure in March 2008, the ministry of finance said Monday. First-quarter fiscal revenue fell 8.3 percent to 1.46 trillion yuan, the ministry said on its website, while tax revenue shrank 10.3 percent to 1.3 trillion yuan.
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