Company Results & Outlooks

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Jet Airways posts record quarterly net profit

NEW DELHI Jet Airways Ltd said on Saturday its December quarter net profit rose more than seven times, with sharply lower fuel costs helping the carrier post a third consecutive quarterly gain following a series of losses.

Lupin expects diabetes drug sales to lift Q4 profit

MUMBAI Lupin Ltd, India's third-largest drugmaker, reported a quarterly profit that met estimates as strong sales in its local market help offset weakness in the United States, and the company said it expects fourth-quarter earnings to improve.

Top News, 05 Feb 2016

ArcelorMittal to raise $3 bln after Chinese steel exports hit profits

BRUSSELS ArcelorMittal, the world's largest steelmaker, launched plans on Friday for a $3 billion share issue to help reduce debt and cut costs, having been hit by a plunge in steel prices which it blamed on a surge in cheap exports from China.

Top News 05 Feb 2016

VW delays 2015 results, AGM as scandal effects unclear

BERLIN Volkswagen has postponed publication of its financial results for 2015 and delayed its annual shareholders' meeting as the German carmaker struggles to put an exact price on its diesel emissions scandal.

12:14am IST

LinkedIn sheds $11 billion in value on stock's worst day since debut

LinkedIn Corp's shares closed down 43.6 percent on Friday, wiping out nearly $11 billion of market value, after the social network for professionals shocked Wall Street with a revenue forecast that fell far short of expectations.

Top News, Tech 4:22am IST

Airbus in talks to delay some A320neo deliveries - sources

PARIS Airbus is renegotiating delivery schedules for its revamped A320neo jet and has told some airlines it will be delayed by about two months, industry sources said.

Tata Steel posts steep third quarter loss on cheap imports

MUMBAI Tata Steel Ltd swung to a hefty third quarter loss on Thursday, blaming cheap Chinese imports for having to axe 3,000 jobs at its UK unit, as it tries to slim down to cope with the global steel crisis.

04 Feb 2016

News Corp's revenue falls for fourth quarter in a row

News Corp's revenue fell for the fourth quarter in a row, hurt by a stronger dollar and dwindling advertising revenue in its core news and information business, which includes the Wall Street Journal.

Rupert Murdoch 05 Feb 2016

Software maker Atlassian's revenue up 45 percent

Australian Atlassian Corp PLC reported a 44.7 percent increase in quarterly revenue as more customers purchased its software that help companies collaborate and manage their operations.

05 Feb 2016

New York Times reports better-than-expected profit and revenue

The New York Times Co reported better-than-expected fourth-quarter profit and revenue on Thursday as it cut costs while continuing its push into digital content.

04 Feb 2016