Shares of Globecomm Systems down after company reports 4Q profit declineSeptember 10th, 2009 Shares of Globecomm fall after profit declineHARTFORD, Conn. — Shares of Globecomm Systems Inc.
Micros Systems' 4th-quarter earnings drop 22 percent due to restructuring and other chargesAugust 27th, 2009 Micros Systems posts 22 pct decline in 4Q profitCOLUMBIA, Md. — Micros Systems Inc., which makes information systems for the hospitality industry, said Thursday its fourth-quarter profit fell 22 percent as restructuring and other charges ate into the bottom line.
Hong Kong conglomerate Hutchison Whampoa says first-half earnings plunge 33 percentAugust 13th, 2009 Hutchison Whampoa's first-half earns plunge 33 pctHONG KONG — Hong Kong conglomerate Hutchison Whampoa Ltd., run by billionaire Li Ka-shing, said Thursday its earnings tumbled 33 percent in the first half as its oil, ports and hotel businesses flagged amid the economic downturn. Net profit for the six months through June fell to 5.76 billion Hong Kong dollars (about $743 million) from HK$8.59 ($1.1 billion), the company said in a statement to the stock exchange.
Atlas Energy profit tumbles 68 percent on weak natural gas prices, demandAugust 10th, 2009 Atlas Energy 2Q profit falls, misses expectationsPITTSBURGH —Atlas Energy Resources LLC on Monday said its second-quarter profit declined 68 percent and missed analyst expectations, as natural gas prices and demand remained weak. Earnings fell to $12.2 million, or 19 cents per share, compared with $38.4 million, or 57 cents per share, last year.
Michigan power company CMS Energy back 2009 outlook of $1.25 per shareJuly 30th, 2009 CMS Energy reaffirms 2009 outlookJACKSON, Mich. — Power company CMS Energy on Thursday reaffirmed its adjusted profit outlook for 2009 of $1.25 per share.
Shirdi gets world's largest solar steam systemJuly 30th, 2009 NASIK - New and Renewable Energy Miniser Farooq Abdullah Thursday inaugurated a large solar steam system at the pilgrim town of Shirdi, some 90 km from here, which officials say is the world's largest that can generate 3,500 kg of steam every day - enough to cook food for 20,000 people. The solar system has been designed for cooking food for devotees visiting the shrine devoted to Sai Baba - a 19th century Sufi saint who was revered by Hindus and Muslims alike.
Nintendo profit down 60.6 percent in April-June on fewer hit titles, stronger yenJuly 30th, 2009 Nintendo profit down 60.6 percent in April-JuneTOKYO — Nintendo Co. reports that its net profit tumbled 60.6 percent in the April-June quarter from last year, hurt by a stronger yen and fewer blockbuster games.
World's largest solar steam system comes up in ShirdiJuly 30th, 2009 SHIRDI - Hindu and Muslim pilgrims visiting the shrine of Sai Baba in this town will be served food cooked with the help of a solar steam system, inaugurated by New and Renewable Energy Minister Farooq Abdullah Thursday, that officials say is the world's largest. The solar steam system can generate 3,500 kg of steam every day - enough to cook food for 20,000 people.
UK energy company Centrica PLC 1H net profit down 89 pct; operating profit down 5 pctJuly 30th, 2009 Centrica PLC 1H net profit down 89 pctLONDON — British energy company Centrica PLC said Thursday that net profit fell by 89 percent in the first half compared to a year earlier, when profit was boosted by a large one-time gain. For the six months to June 30, Centrica reported a net profit of 202 million pounds ($332 million) compared to 1.8 billion pounds a year earlier.
Allahabad Bank's Q1 profit zooms 224 percentJuly 18th, 2009 KOLKATA - State-run Allahabad Bank posted a net profit of Rs.302.86 crore (Rs.3.02 billion) for the first quarter of 2009 as compared to Rs.93.36 crore for the same period last year, a top company official said here Saturday. The net profit was up by 224 percent due to higher investment trading profit of Rs.214 crore, up from Rs.32.2 crore a year ago.
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.
Duke Energy first-quarter profits fall 25 percent as recession reduces demand for powerMay 5th, 2009 Duke 1Q profit falls 25 percent as industry slowsCHARLOTTE, N.C. — Power generator Duke Energy says its first quarter earnings fell 25 percent as the deep recession cut demand for electricity among its industrial customers.
World business group calls on government, developers to cut energy use in buildingsApril 27th, 2009 Business group calls for energy cuts in buildingsHARTFORD, Conn. — The chairman of United Technologies Corp.
Italy's largest energy company Eni says 1Q profit down 43 percent on lower oil prices, demandApril 24th, 2009 Italy's Eni says 1Q net profit down 43 percentMILAN — Italy's largest energy company, Eni SpA, says first quarter earnings dropped 43 percent due to the sharp reduction in oil prices and European demand for gas. Eni reported Friday that net profit in the first quarter of the year was euro1.9 billion ($2.48 billion) compared with euro3.32 billion a year ago.
BEL sales up 13 percent, pre-tax profit downApril 2nd, 2009 BANGALORE - State-run Bharat Electronics Ltd (BEL) posted a turnover of Rs.46.18 billion in 2008-09 as against Rs.41.03 billion notched up the previous fiscal, registering a 13 percent year-on-year (YoY) growth, the company said Thursday. However, according to its provisional audit figures, profit before tax (PBT) declined by around 7 percent to Rs.10.95 billion from Rs.11.71 billion in 2007-2008.
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