Investment manager The Bank of New York Mellon Corporation (BK) Wednesday announced a two-year recruiting campaign to increase BNY Mellon Wealth Management's sales force by 50 percent. In addition, the firm said it intends to add private bankers and mortgage bankers, portfolio managers and wealth strategists...
Vatukoula Gold Mines Plc. (VGM.L) announced that Colin Orr-Ewing has tendered his resignation as Chairman and will be stepping down from the Board of the Company with immediate effect. The company also announced the appointment of Yingbin Ian He, an existing director of the Company, as Non-Executive...
Home improvement retailer Lowe's Companies Inc. (LOW) reported first-quarter net earnings of $540 million, a 2.5 percent increase from last year's $527 million. Earnings per share increased 14.0 percent to $0.49 from $0.43 in prior year quarter. Analysts polled by Thomson Reuters expected the company...
Alexander Mining Plc. (AXM.L) announced its audited results for the year ended 31 December 2012. Loss before taxation narrowed to 1.54 million pounds from 1.68 million pounds in the prior year.
Similarly, loss for the year from continuing operations narrowed to 1.54 million pounds from last year's...
Computer and printer maker Hewlett-Packard Co. (HPQ) is scheduled to report second-quarter results after the close of trading. The company is expected to report earnings of $0.81 per share, lower than $0.98 per share last year. Further, the Palo, Alto, California-based company is expected to record revenues...
Japanese consumer electronics company Sony Corp., Wednesday, at its Corporate Strategy Meeting, said it expects to achieve financial targets for fiscal year 2014 announced on April 12. The firm aims returning electronics business to profit in fiscal year ending March 31, 2014, and said it continues to strengthen the overall financial foundations of the Group.
Alkane Energy Plc. (ALK.L) said that it has conditionally agreed to acquire certain of the coal mine methane assets of Maltby Colliery from Maltby Colliery Ltd, a wholly owned subsidiary of Hargreaves Services plc (HSP.L).
The initial consideration for the acquisition of the Maltby Asset is 5.5 million...
Elbit Imaging Ltd. (EMITF) announced Wednesday, further to the Company's announcement dated May 9, 2013 that it had filed a motion with the Tel Aviv District Court to convene meetings of its unsecured creditors and shareholders for the approval of the proposed restructuring of the Company's unsecured...
Densitron Technologies PLC (DSN.L) announced its preliminary unaudited results for the year ended 31 December 2012. Profit attributable to equity holders of the parent decreased to 248 thousand pounds from the previous year's 818 thousand pounds. Earnings per share was 0.36 pence, down from 1.18 pence...
HICL Infrastructure Company Ltd (HICL.L) Wednesday reported lower profit for the year, impacted by higher service costs for the period.
On a consolidated IFRS basis, the company posted pre-tax profit of 55.4 million pounds, lower than last year's pre-tax profit of 84.2 million pounds. Profit after...
Future plc (FUTR.L), a specialist media group and digital publisher, Wednesday reported pre-tax loss of 0.3 million pounds for the first half, narrower than 0.7 million pounds loss recorded during the comparable period last year.
After tax, the loss for the first half of the year narrowed to 0.6...
Larsen & Toubro Ltd., or L&T, posted fourth-quarter stand-alone net profit of Rs.1,787.94 crore, down from the Rs.1,920.41 crore for the quarter ended March 31 last year. Total income increased to Rs.20,668.21 crore from the Rs.18,775.04 crore in the corresponding quarter last year.
The company's...
Cable & Wireless Communications Plc. (CWC.L) Wednesday reported a profit for the year compared to a loss last year, amid lower exceptional items. The company added that it has set a new target to drive $100 million of savings.
SSE Plc (SSE.L) Wednesday reported a higher profit for its fiscal 2013, reflecting a decline in exceptional items and certain re-measurements. Revenues fell amid difficult energy market conditions. The UK-based utility firm said its first financial objective of its strategy is to deliver sustained real...
Afferro Mining Inc. (AFF.L, AFF.V) and International Mining & Infrastructure Corporation plc (IMIC.L) announced that they have agreed terms in-principle for the proposed acquisition of Afferro by IMIC, subject to the completion of relevant documentation including satisfactory final financing arrangements,...