Company Results & Outlooks


Comcast buys majority stake in Universal Studios Japan for $1.5 billion

OSAKA - Comcast Corp said it will buy a majority stake in Universal Studios Japan for $1.5 billion, its biggest investment outside the United States and part of an aggressive expansion of its theme park business globally.

BlackBerry posts weaker-than-expected results, pledges revenue gain

TORONTO - Smartphone maker BlackBerry Ltd reported weaker-than-expected quarterly results on Friday but forecast higher revenue and said it might replace its operating system with Google Inc's Android platform.

Tech 25 Sep 2015

BHP Billiton profit dives to 10-year low on commodities rout

MELBOURNE - BHP Billiton reported its worst underlying profit in a decade on Tuesday, gutted by plunging iron ore, copper, coal and oil prices, and said it would cut spending more deeply to shore up dividends.

25 Aug 2015

Qantas to expand fleet after rapid profit turnaround

SYDNEY - Qantas Airways posted one of the fastest turnarounds in Australian corporate history with a return to full-year profit and said it will buy eight fuel-efficient Boeing Co 787-9 Dreamliner jets, enabling it to fly the longest routes possible.

Aerospace & Defence 20 Aug 2015

Glencore's half-year earnings fall, sees lower capex next year

JOHANNESBURG - Miner and commodities trader Glencore posted a 29 percent fall in first-half earnings on Wednesday on sliding metal and oil prices and said capital spending next year was expected to be lower than this year.

19 Aug 2015

Wal-Mart profit miss estimates; cuts outlook as pharmacy margins bite

- Wal-Mart Stores Inc reported weaker-than-expected quarterly earnings and lowered its annual forecast on Tuesday, citing higher costs from adding worker hours as well as weaker margins in its U.S. pharmacy business.

19 Aug 2015

Reliance Communications profit capped by regulatory changes

MUMBAI - Reliance Communications Ltd , India's fourth-biggest mobile phone carrier, announced a 34 percent rise in quarterly profit on Friday, but missed analyst expectations as regulatory changes hit its core voice business.

Top News, 14 Aug 2015

Jet Airways swings to profit in June quarter on lower fuel costs

NEW DELHI - Jet Airways Ltd said on Friday it made a profit in the June quarter compared to a loss in the year-ago period, helped by a drop in fuel expenses and a one-time gain on sale and leaseback of engines.

Top News 14 Aug 2015

Hindalco first quarter net profit falls 67 percent

MUMBAI - Aluminium and copper producer Hindalco Industries Ltd posted a 67 percent fall in quarterly profit, hurt by lower metal prices and realisations.

Top News, 15 Aug 2015

Nestle stands by 2015 forecast after sales beat

ZURICH/LONDON - Nestle, the world's biggest packaged food company, posted better than expected first-half sales growth and stuck to its 2015 forecast, despite a recall of Maggi noodles in India, helped by higher prices in some key product areas.

13 Aug 2015

India announces plan to slow rate of greenhouse gas growth

NEW DELHI - India has promised to shave a third off the rate at which it emits greenhouse gases over the next 15 years, in a long-awaited contribution towards reaching a deal to slow global warming at a U.N. climate summit in December.