Company Results & Outlooks


RBS posts ninth straight annual loss on 'sins of the past'

LONDON Royal Bank of Scotland reported a sharp rise in losses on Friday as higher misconduct charges and restructuring costs underscored the challenges facing the lender nine years after it was bailed out in the world's biggest bank rescue. | Video

HP Enterprise cuts full-year profit forecast, shares slide

Hewlett Packard Enterprise Co , the corporate hardware and enterprise software business of Hewlett-Packard Co, cut its full-year profit forecast, as the company faces intense competition in its cloud-related business and struggles with a strong dollar.

24 Feb 2017

Property website Rightmove generates fewer client leads in 2016

Rightmove, Britain's largest property selling website operator by market share, reported higher profits on Friday as a record number of estate agents used its site to list their properties, although a 10 percent rise in consumer visits to the website generated fewer leads as the market slowed.

24 Feb 2017

Baidu's quarterly revenue falls 2.6 percent

Baidu Inc reported a second straight drop in quarterly revenue as regulatory scrutiny into healthcare and related advertisements continued to take a toll on the Chinese internet search giant.

24 Feb 2017

Tesla's 'close to the edge' cash foretells capital raise

SAN FRANCISCO Tesla Inc Chief Elon Musk has taken big risks repeatedly since going public in 2010, but investors were spooked on Thursday after he said the electric car company could get "close to the edge" as it burns cash ahead of its crucial Model 3 launch. | Video

Tech, Budget 2017, 24 Feb 2017

Malaysia's AirAsia posts 16 percent drop in fourth - quarter profit

KUALA LUMPUR AirAsia Bhd posted a quarterly profit for 2016, despite a fall in aircraft operating lease income, and annual earnings hit a record high on increased passenger traffic through most of the year.

Glencore ready for deals and dividends after profit boost

LONDON Commodities trader and miner Glencore reported an 18 percent rise in full-year profit on Thursday, buoyed by a rebound in raw materials prices, and said it was well-placed financially for small acquisitions or a special dividend payout.

Budget 2017, 23 Feb 2017

Barclays surprise capital boost triggers pension concerns

LONDON A surprise boost to Barclays' capital reserves failed to convince some analysts and investors on Thursday, with the British bank's shares falling nearly three percent as the market digested the figures, reversing earlier gains. | Video

Budget 2017, 23 Feb 2017

BAT looks to double its vaping markets

British American Tobacco wants to double the number of countries where it sells vaping products this year and again in 2018, it said on Thursday, as it chases rivals Philip Morris International to grab a share of a growing market.

Budget 2017, 23 Feb 2017

India lobbies Trump administration to avert visa threat

NEW DELHI India has stepped up its lobbying effort against moves in the U. S. Congress to impose curbs on visas for skilled workers that threaten the South Asian nation's tech sector, which employs more than 3.5 million people.