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Sohu.com Inc. (SOHU), a China-based web-portal and online game developer, Monday reported a net loss in its second quarter, compared to prior year's profit, hurt mainly by higher expenses related to its online game developer subsidiary Changyou.com Ltd (CYOU). Meanwhile, Changyou's quarterly net income...

Ryanair Holdings plc (RYA.L, RYAAY) and Subsidiaries reported first-quarter pretax profit of 223.6 million euros, compared to 88.5 million euros, prior year. Profit attributable to equity holders of parent was 196.8 million euros, compared to 78.1 million euros. Earnings per share, in euro cent, was...

German engineering company GEA Group AG (GEAGF.PK, GEAGY.PK) posted 7.2 percent higher consolidated profit of 80.8 million euros, or 0.42 euros per share in the second quarter of 2014, compared with 75.4 million euros, or 0.39 euros per share, a year before. Year-over-year, quarterly Group operating...

IT solutions provider Wincor Nixdorf AG (WNXDF.PK, WNXDY.PK) Monday revised its forecast for fiscal 2013/2014, citing unfavorable developments in key emerging markets. The company now expects net sales to reach a level comparable to that recorded in the previous year instead of rising by the 4 percent...

Swiss pharmaceutical giant Novartis AG (NVS) Monday announced that its eye care division Alcon's Simbrinza eye drops suspension has received approval by the European Commission. The company said the launch of Simbrinza in the EU will start in the UK in the third quarter of 2014, followed by other...

Arcadis (ARCAY.PK), a pure play global engineering and consultancy firm, Monday reported increased profit for the second quarter, even as revenue declined from the prior year. Reported Earnings Before Interest, Tax and Amortization or EBITA increased 13.6 percent to 41.7 million euros ($56 million)...

MorphoSys AG (MPSYY.PK) reported earnings before interest and taxes (EBIT) from continued operations of 0.4 million euros for the six months ending 30 June 2014, compared to 17.3 million euros, a year ago. Profit from continuing operations decreased to 0.6 million euros or 0.02 euros per share, compared...

Chinese online media, search, gaming, community and mobile service group Sohu.com Inc. (SOHU) reported Monday that its second-quarter net loss attributable to the company was $41.09 million or $1.16 loss per share, compared to last year's profit of $21.63 million or $0.56 per share. Adjusted net loss...

Changyou.com Ltd. (CYOU), an online game developer and operator in China, reported Monday that its second-quarter net income attributable to the company fell to $1.9 million from last year's $75.2 million. Earnings per ADS dropped to $0.04 from $1.41. On average, 6 analysts polled by Thomson Reuters...

Arcadis (ARCAY.PK), a pure play global engineering and consultancy firm, Monday said second-quarter reported Earnings Before Interest, Tax and Amortization or EBITA increased 13.6 percent to 41.7 million euros from 36.8 million euros. The latest results include 3.6 million euros in costs related...

Rupert Murdoch's Twenty-First Century Fox, Inc. (FOX, FOXA) is prepared to give shareholders of Time Warner Inc. (TWX) seats on the board of the combined entity, if its $75 billion takeover bid succeeds, Bloomberg reported, citing people familiar with the situation. While it is not known how many...

Australian construction firm Leighton Holdings Ltd. (LEI.AX, LGTHF.PK), majority-owned by German construction giant Hochtief AG (HOCFF.PK), Monday said profit for the half year declined from the prior year, while revenue improved year-over-year. Net profit after tax fell about 20 percent to A$291.3...

European carmaker Volkswagen AG's (VKW.L, VLKAF.PK, VOW.BE) luxury brand Audi (AUDVF.PK) announced price cuts of up to 38 percent in China, its largest market. Audi said due to localization measures and economies of scale, it can adjust the prices for spare parts in the world's second largest economy....

UK-based drugmaker GlaxoSmithKline Plc. (GSK, GSK.L)'s chief executive officer Andrew Witty said the company had the option to separate its consumer healthcare business at a time when it offered more value as a standalone entity, the Financial Times reported. However, there are no such plans in the...

Australian lender National Australia Bank Ltd. (NAUBF, NABZY, NAB.AX) agreed Monday to offload a 625 million British pound or $1.1 billion, parcel of mostly non-performing loans from its UK Commercial Real Estate or UK CRE, portfolio to US private-equity firm Cerberus Global Investors. The deal will...