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French banks' profits beat forecasts

2015-05-06 12:10:57| BBC News | Business | UK Edition

Two of France's leading banks, Societe Generale and Credit Agricole, report higher earnings, helped by a recovery in Europe's economy.

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Cablevision tops 1Q profit forecasts

2015-05-04 19:00:41| Telecom - Topix.net

On a per-share basis, the Bethpage, New York-based company said it had net income of 16 cents. Earnings, adjusted to account for discontinued operations, were 20 cents per share.

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Bulgaria Beverage Forecasts March 2015 - New Report Available

2015-05-04 10:48:09| Beverages - Topix.net

This Beverage Forecast report published by Canadean provides essential information on the prospective trends of the beverage industry in Bulgaria. Key Findings All Commercial Beverages are forecast to grow throughout the forecast period Soft drinks are amongst the fastest growing categories, with juice showing the lowest growth rates Alcohol and hot beverages show similar growth but dairy presents a better performance Synopsis The report offers a top line overview of all commercial beverage categories for all historical years and a five year forecast period.

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LinkedIn cuts revenue forecasts

2015-04-30 23:40:47| BBC News | Business | UK Edition

Shares in the professional social network site LinkedIn fall sharply in after-hours trading as the company cuts its revenue forecast.

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Sony forecasts drop in smartphone sales this year

2015-04-30 13:18:00| Telecompaper Headlines

(Telecompaper) Sony announced new medium-term targets for its mobile phone business. It now targets revenues of JPY 1.00-1.25 trillion for the activities in the year to March 2018, compared to a forecast in February of JPY 0.90-1.10 trillion. The higher forecast is due to the inclusion of its So-net unit in the mobile division. The operating margin target was left unchanged at 3-5 percent in FY 2018. In the past year, mobile sales rose 11 percent to JPY 1.32 billion, while the operating result was a loss of JPY 220.4 billion, mainly due to a goodwill impairment of JPY 176 billion as well as the stronger US dollar. In the last quarter to March, mobile revenues were up 1.2 percent year-on-year to JPY 27.16 billion (or +5% at constant currencies), while the operating loss widened to JPY 55 billion from JPY 15 billion. Smartphone unit sales were unchanged over the full year at 39.1 million and fell to 7.9 million in the fourth quarter form 8.8 million a year ago. Sony forecast mobile sales to fall around 7 percent this year to JPY 1.31 trillion, as it scales back its mid-range phones to concentrate on more profitable models. Unit sales will drop to an estimated 30 million, while the operating loss should reduce to JPY 39 billion, thanks in part to restructuring. 

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