UK-based risk and insurance brokerage service provider Aon Corp. (AON) Friday said profit for the third quarter increased from the prior year, supported by higher revenues. Both earnings and revenues in the company's seasonally weakest quarter topped Wall Street expectations.
Hilton Worldwide Holdings, Inc. Friday reported a decline in the third quarter profit, reflecting higher expenses, despite growth in revenues. The hospitality firm also lifted its adjusted earnings per share outlook for full year 2014.
Trading in the U.S. index futures suggests that U.S. stocks may open notably higher, as the Bank of Japan's decision to expand monetary policy stimulus has set in motion large scale buying of risky bets across the global markets. Asian stocks ended notably higher earlier in the global trading day, while...
Camera maker GoPro Inc. (GPRO) has wowed investors with yet another strong quarter, reporting revenue and earnings well above its earlier projections.
Russia has agreed to resume gas supplies to Ukraine under a $4.6 billion dollar winter package, which will also secure gas for the European Union as the cold season approaches. The European Union has been mediating discussions to help find a sustainable solution to the dispute between Russia and Ukraine over gas pricing, supply and payment dues. After seven rounds of negotiations in recent months
Royal Bank of Scotland Group Plc Friday reported a profit for the third quarter compared with a loss last year, reflecting a rise in interest income, as well as impairment provision releases. The lender also set aside 400 million pounds, related to potential costs following investigations into the foreign exchange market.
International Consolidated Airlines Group S.A. (IAG.L, BAIRY.PK, BAY.L), formed by the merger of British Airways plc and Spanish flag carrier Iberia Lineas Aereas de Espana S.A., Friday said pre-tax profit for the third quarter increased from last year, along with a significant rise in revenues. Further, the company raised its earnings forecast for the year.
Belgian brewer Anheuser-Busch InBev NV, known as AB InBev, Friday reported higher third-quarter profit, driven by growth in revenues. Meanwhile, total volumes declined 2.6 percent, with own beer volumes down 2.7 percent, hurt by weakness in Russia and China.
French lender BNP Paribas reported Friday higher profit in its third quarter, reflecting revenue growth in all the operating divisions as well as a lower cost of risk. CEO Jean-Laurent Bonnafé said, "BNP Paribas Group delivered this quarter a very good overall performance thanks to its diversified business and geographic mix."
Japanese consumer electronics maker Sony Corp. (SON.L, SNE) Friday said the second-quarter net loss widened from last year, as the company incurred a hefty impairment charge in the quarter.
European stocks look set to open sharply higher on Friday, as improving growth prospects in the U.S. and fresh signs that global central banks will continue to be proactive in ensuring price stability helped increase the appeal of riskier assets.
Asian stocks are rising across the board, with Japan's...
Groupon reported a wider loss, hurt by stock-compensation expense and other costs that offset growth in revenues. Nonetheless, the quarterly results topped Wall Street estimates. The company provided weak guidance for the current quarter, but exuded confidence on becoming a strong mobile commerce player.
Starbucks swung to a fourth-quarter profit, led by a 10 percent rise in sales, while the prior year was hurt by litigation charges. Despite growth across key regions, sales fell short of Wall Street estimates. The company provided weak earnings guidance for the first quarter and its shares slid 4 percent in after-hours trade...
Action-sports camera maker GoPro Inc. (GPRO), Thursday reported a swing to profit in the third quarter, as revenues surged 46 percent driven by strong demand for its wearable cameras, with both earnings and revenues coming in ahead of Wall Street estimates.
GoPro shares rose about 10 percent in...
LinkedIn Corp., the world's largest online professional network, said Thursday after the markets closed that its third quarter loss widened slightly from last year, as higher costs and expenses more than offset a 45% increase in revenue. However, the company's quarterly earnings per share, excluding items, came in above analysts' expectations as did its quarterly revenue.