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Kobe Steel, Ltd. (KBSTY.PK) reported Friday that its first-quarter net loss attributable to owners of the parent was 2.07 billion yen or 0.56 yen per share, compared to profit of 11.88 billion yen or 3.26 yen per share last year. Operating income declined 49.7 percent to 12.70 billion yen from 25.27...

STMicroelectronics (STM) Friday said it has acquired ams' assets related to NFC and RFID reader business, to strengthen its microcontroller solutions embedding NFC connectivity and to complement its NFC/RFID EEPROM tag offering. STMicroelectronics acquired the ams assets for a cash payment of $77.8...

South Korean electronics company LG Electronics Inc. (LGEPF, LGEJY, LGEIY, LGEAF) reported Friday that its second-quarter net income, on IFRS basi, increased to 268.5 billion Korean won from last year's 226.4 billion won. Operating income was 584.6 billion won, higher than 244.1 billion won a year...

French insurer AXA Group (AXAHY.PK) Friday announced that it has agreed with Chinese e-commerce giant Alibaba Group Holding Ltd. (BABA) and Ant Financial Services, an Alibaba-affiliate which provides financial services, to engage in a global strategic partnership. The partnership aims to jointly explore...

Eni (E) reported a second-quarter loss attributable to shareholders from continuing operations of 446 million euros compared to profit of 498 million euros, prior year. The company said the structural weakness of the oil market, oversupply and overcapacity headwinds in the European gas and refining sectors...

Japanese electronics company Hitachi Ltd. (HTHIF.PK, HTHIY.PK) reported Friday that its first-quarter net income attributable to the stockholders to 56.4 billion Japanese yen or $0.5 billion from last year's 54.9 billion yen. Earnings per share were 11.69 yen or $0.11, higher than 11.38 yen a year ago. Net...

British publishing and education company Pearson plc (PSO, PSON.L) reported Friday that its first-half loss before tax widened to 306 million pounds from last year's loss of 132 million pounds. Loss per share was 27.1 pence, compared to loss of 9.7 pence a year ago. Adjusted loss per share was...

Japanese consumer electronics maker Sony Corp. (SON.L, SNE) reported Friday that its first-quarter net income attributable to stockholders fell 74.3 percent to 21.2 billion Japanese yen or $205 million from last year's 82.4 billion yen. Earnings per share dropped 76.6 percent to 16.44 yen or $0.16...

Spanish financial services firm Banco Bilbao Vizcaya Argentaria, S.A. (BBVA) Friday reported that its second-quarter net attributable profit slid 8.2 percent to 1.123 billion euros. Net attributable profit, excluding corporate operations, rose 4.1 percent. Operating income for the quarter totaled...

British lender Barclays Plc (BARC.L, BCS) reported Friday that its first-half profit before tax fell 21 percent to 2.063 billion pounds from last year's 2.602 billion pounds last year. Core profit before tax increased 19% to 3.967billion pounds, including a gain on the disposal of Barclays' share...

Casino Group (CGUIY.PK) reported a first-half loss from continuing operations, Group share, of 296 million euros compared to profit of 17 million euros, previous year. Consolidated net profit, Group share, after taking into account a very substantial gain on asset disposals recognised under discontinued...

Sanofi (SNYNF, SNY) reported Friday that its second-quarter IFRS net income declined 11.1 percent to 1.158 billion euros from 1.302 billion euros last year. Earnings per share were 0.90 euro, down 10 percent from 1 euro a year ago. Business net income was 1.680 billion euros, down 8.7 percent from...

EDF (EDFEF.PK) reported first-half net income - Group share of 2.1 billion euros, down 17.2%, mainly due to the effect of asset impairments. Earnings per share was 0.88 euros compared to 1.14 euros. Group EBITDA amounted to 8.9 billion euros, down 2.2% and was down 0.7% in organic terms compared to the...

HeidelbergCement AG (HDELY.PK) on Friday confirmed its outlook for the full year 2016, after it reported higher net profit for the second quarter, but a slight decline in revenues. For the quarter, net profit, Group share, rose to 318.3 million euros from 271.5 million euros, and earnings per share...

ArcelorMittal (MT), the world's leading integrated steel and mining company, reported second-quarter net income to equity holders of the parent of $1.11 billion, including one-time $0.8 billion gain from employee benefits at ArcelorMittal US, compared to profit of $179 million, last year. Earnings per...

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