Company Results & Outlooks

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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.

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

ONGC could spend up to $7 billion to develop east coast block - chairman

NEW DELHI - India's top energy explorer Oil and Natural Gas Corp could spend up to $7 billion to develop its block off the country's east coast and expects to begin gas production there in 2018, its chairman said on Thursday.

Top News, Economy 13 Aug 2015

DLF's quarterly profit down 5 percent

MUMBAI - DLF Ltd, India's biggest listed property developer, reported on Thursday a 5 percent fall in quarterly profit amid a market slump due to weak economic growth.

Top News 13 Aug 2015
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RBI more likely to cut rates in September, GDP growth steady - Reuters Poll

REUTERS - There is a better than even chance that the Reserve Bank of India (RBI) will cut interest rates at its policy meeting on Sept. 29 thanks to inflation striking a record low, according to a Reuters poll, marking a shift in expectations from earlier.