Company Results & Outlooks
REUTERS - Consulting and outsourcing company Accenture Plc raised its full-year revenue growth forecast for the second time as it won more business from companies looking to cut costs and improve efficiency in a tough economic environment.
HELSINKI - Finnish mobile games maker Rovio pinned its hopes on Thursday on a costly 3D movie project helping it return to growth, after a 73 percent profit drop gave the latest sign its mainstay Angry Birds brand is losing appeal.
TOKYO - Japanese consumer electronics maker Sony Corp said on Tuesday its official third-quarter operating profit was 182 billion yen ($1.5 billion), up 2.2 percent from the estimate it reported last month, boosted by cost cuts and strong sales of sensors and videogames.
LONDON - Oil explorer Cairn Energy has bucked the industry trend by announcing an increase to its exploration budget for this year to drill more wells in Senegal where it made some promising discoveries last year.
PARIS - Carrefour SA, the world's second-largest retailer, reported higher profits on Thursday as a revival of its European hypermarkets started to pay off and said it would lift capital spending further this year to cement that recovery.
BERLIN - German sportswear company Adidas expects robust sales and profit growth in 2015 as consumer confidence improves around the world and it redoubles its efforts in North America, where it has fallen further behind fierce rival Nike.
LONDON - Standard Chartered has no plans to tap shareholders for cash, it said on Wednesday, despite reporting a 25 percent drop in profits last year on the back of soaring bad loans. | Video
LONDON - Barclays took a 750 million pound ($1.2 billion) charge in the fourth quarter as it prepares to settle allegations its traders manipulated foreign exchange markets, overshadowing the bank's efforts to slash costs and boost profits.
REUTERS - Warren Buffett's Berkshire Hathaway Inc on Saturday said fourth-quarter profit declined 17 percent as investment gains declined, but operating results improved.
LONDON - Lloyds Banking Group is paying its first dividend in more than six years after reporting a rise in profit and improvements in its capital strength, a milestone in the bank's recovery after it was bailed out during the financial crisis.
VAIDI, India - Over a dozen debt-laden farmers have committed suicide in recent weeks in India, and discontent in many rural areas against government policies is turning into anger against Prime Minister Narendra Modi less than a year after he swept into office.