. Sun Pharmaceutical Industries is expected to report a healthy set of earnings for October-December quarter, driven by strong US business and Halol resolution. One thing to note is numbers will be on low base for the quarter. “The key drivers for the business in terms of ANDA pipeline, differentiated portfolio and ... Read More »
Superstar singer Adele is rolling in the cash after making a £350,000 profit on her luxury villa on a beachfront resort known as Millionaire’s Row. The Rolling in the Deep singer, 28, bought the Art Deco property for £2.5million in 2012 but has now made a tidy sum after selling ... Read More »
Education services player Zee Learn has posted a 50.6% rise in net profit for the first quarter ended June 30, 2016. The company posted net profit of Rs 8.01 crore for the first quarter of FY17 compared to Rs 3.95 crore posted in same quarter of FY16. The company reported ... Read More »
Amazon.com Inc (AMZN.O) on Thursday suggested earnings and sales that blew past analysts’expectations, sending its stocks hovering in after-hours buying and selling and demonstrating thedeveloping marketplace energy of its center retail enterprise and new cloud offerings department. The consequences draw a sharp assessment to the disappointing fourth zone Amazon mentioned ... Read More »
As earnings season shifts into high gear next week in what is expected to be the weakest U.S. quarterly results reporting period since 2009, the hope among some is that this is as bad as it’s going to get. The U.S. earnings recession that began in the third quarter of ... Read More »
As earnings season shifts into high gear next week in what is expected to be the weakest U.S. quarterly results reporting period since 2009, the hope among some is that this is as bad as it’s going to get. The U.S. earnings recession that began in the third quarter of ... Read More »
BlackRock Inc (BLK.N), the world’s largest asset manager, posted a 20 percent drop in first-quarter profit amid a dramatic reversal in financial markets. The New York-based company’s net income fell to $657 million, or $3.92 per share, in the three months ended March 31, from $822 million, or $4.84 per ... Read More »
Bank of America Corp, the No. 2 U.S. bank by assets, reported an 18 percent slide in quarterly profit as concerns about a global economic slowdown and uncertainty about the pace of U.S. interest rate increases dampened bond and stock trading. Net income attributable to common shareholders fell to $2.22 ... Read More »
The world’s largest smartphone producer has said its operating profit in the January to March period is expected to reach 6.6 trillion Korean won ($5.6bn; £3.9bn). For the same quarter in 2015, Samsung’s operating profit was at 6tn won. The improved outlook comes amid reports of strong sales of its ... Read More »
