LTX Credence posts loss for fourth quarter, full year of fiscal 2010September 3rd, 2009 LTX Credence posts loss for 4Q of fiscal 2010WASHINGTON — LTX Credence Corp. posted a loss for its fiscal 2009 fourth-quarter and full-year results, but said the outlook for the first quarter of 2010 appears brighter.
Fossil anticipates recession will weigh on its 3rd-quarter, 4th-quarter profit resultsAugust 11th, 2009 Fossil expects recession to weigh on outlookRICHARDSON, Texas — Fossil Inc, which makes watches, shoes and other fashion accessories, said Tuesday that it expects the recession to weigh on both its third-quarter and fourth-quarter earnings results. The company said it anticipates third-quarter profit of 38 cents to 42 cents per share.
P&G shares slide after 4Q results; product prices a problem amid recession, analyst saysAugust 6th, 2009 Procter & Gamble declines after weak 4th quarterNEW YORK — Shares of Procter & Gamble Co. declined on Thursday after the consumer products company posted declines in profit and sales in the fourth quarter, and an analyst said its prices are higher than many rivals.
Britain's broadcaster ITV posts 70 million pound loss; announces sale of Web siteAugust 6th, 2009 British broadcaster ITV posts H1 lossLONDON — ITV PLC, Britain's biggest commercial broadcaster, posted a 70 million pound (euro82 millon) loss in first half net profit on Wednesday, after a decline in advertising revenue hurt the bottom line. The loss in the six months to the end of June did narrow from the same period last year, when the company lost 1.5 billion pounds.
DLF net profit down 79 percent in first quarterJuly 31st, 2009 MUMBAI - Realty major DLF Friday reported a 79 percent drop in its net profit to Rs.396 crore for the quarter ended June 30 from Rs.1,863.97 crore in the same quarter, the previous fiscal. The company's total income also slipped to Rs.1,649.86 crore, a 57 percent drop from the previous corresponding quarter's Rs.3,810.62 crore.
SpiceJet in profits for first quarter despite trying timesJuly 28th, 2009 NEW DELHI - Budget carrier SpiceJet Tuesday reported net profits of Rs.263.42 million for the first quarter of this fiscal, against a loss of Rs.1.29 billion in the like quarter of 2008-09, despite some trying times for the aviation sector. The company's total income also registered a 10.55 percent increase at Rs.5.34 billion during the quarter, as against Rs.4.83 billion in the corresponding quarter of the last fiscal, said a regulatory filing with the Bombay Stock Exchange.
Sweden's Saab posts drop in 2Q profits, order bookings fallJuly 24th, 2009 Sweden's Saab posts 2Q drop in profitsSTOCKHOLM — Second-quarter profits in Swedish aerospace and defense group Saab AB more than halved on weaker demand, project delays and order cancellations, the company said Friday. Despite the drop, Stockholm-headquartered Saab said it expects sales for the full year 2009 to be higher than in 2008.
Sweden's TeliaSonera posts 8 percent rise in Q2 profits; sales up, savings pay offJuly 24th, 2009 Sweden's TeliaSonera Q2 profit up 8 percentSTOCKHOLM — Nordic telecommunications operator TeliaSonera AB reported Friday an 8 percent rise in second-quarter net profits, boosted by higher sales and the benefits of previous cost-saving measures. The Stockholm-based company also raised its outlook for margins in operating profit — or earnings before interest, taxes, depreciation and amortization — saying they will be higher this year than in 2008.
Google profit jumps 19 percentJuly 17th, 2009 SAN FRANCISCO - Web search giant Google reported a 19-percent increase in profits as cost cutting made up for a decline in online ad spending due to the recession. Profits rose 19 per cent to $1.48 billion from $1.25 billion a year ago.
UK regulator says BSkyB premium channels should be available to more platformsJune 26th, 2009 UK regulator targets BSkyB movie, sport dominanceLONDON — British Sky Broadcasting's premium sports and movie channels should be more broadly available through other television platforms, Britain's communications regulator said Friday, adding that it may force a wholesale offer of the services. The Office of Communications said it believes BSkyB is limiting distribution of these channels to rival TV platforms, thereby restricting consumer choice.
FedEx posts widened 4th-qtr loss, but adjusted results top Wall Street's expectationsJune 17th, 2009 FedEx posts loss, but adjusted results top viewNEW YORK — FedEx says it posted a bigger fiscal fourth-quarter loss, weighed down by hefty one-time charges, but adjusted results came in well above expectations on Wall Street. The company said Wednesday it lost $876 million, or $2.82 per share, compared with a loss of $241 million, or 78 cents per share a year ago.
Cooper Tire & Rubber posts 1st-quarter loss of $21.3M as consumers buy fewer tiresMay 6th, 2009 Cooper Tire & Rubber posts 1Q loss of $21.3MFINDLAY, Ohio — Cooper Tire & Rubber Co. said Wednesday it lost $21.3 million in the first quarter as consumers bought fewer replacement tires.
Grocer Safeway Inc. reports 1st-qtr results Thursday; recession may continue taking a tollApril 29th, 2009 Earnings Preview: Safeway Inc.PORTLAND, Ore. — Grocery-store operator Safeway Inc.
BSkyB increase share of Premier League gamesFebruary 6th, 2009 LONDON - The Premier League has confirmed that broadcaster BSkyB has secured five of the six packages of live matches for the football seasons between 2010-11 and 2012-2013. Under the present agreement BSkyB have four packages.
Shell posts record profitsJanuary 29th, 2009 LONDON - Anglo-Dutch oil giant Royal Dutch Shell Thursday reported 2008 profits of $31.4 billion, despite a sharp fall in earnings in the last quarter due to tumbling oil and gas prices and the global economic downturn. Shell, the first major oil company to report results for last year, said profits for the final three months of 2008 fell to $4.8 billion, down 28 percent from the same period a year ago, and 56 percent lower than in the previous quarter.