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Amazon profit misses estimates and its outlook disappoints

2016-10-27 23:35:46| BBC News | Business | UK Edition

Web giant Amazon has reported a lower-than-expected quarterly profit as expenses rose, causing shares to tumble in after-hours trading.

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Sika AG Announces Record Sales, Profit Growth in All Regions

2016-10-27 17:46:00| Coatings World Breaking News

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Twitter confirms 9% cut in workforce, targets profit in 2017

2016-10-27 16:02:00| Telecompaper Headlines

(Telecompaper) Twitter has confirmed plans to cut 9 percent of its workforce as the company works towards a goal of profitability in 2017. In the third quarter of 2016, Twitter posted a net loss of USD 103 million, on sales up 8 percent year-on-year to USD 616 million. The company said the restructuring, which focuses primarily on reorganizing the company's sales, partnerships, and marketing efforts, is intended "to create greater focus and efficiency to enable Twitter's goal of driving toward GAAP profitability in 2017".

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Deutsche Bank reports profit despite 'tough' environment

2016-10-27 08:26:11| BBC News | Business | UK Edition

Embattled Deutsche Bank reports a surprise profit for the third quarter of the year.

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Samsung operating profit plunges 30% in wake of Note 7 fiasco

2016-10-27 02:31:02| BBC News | Business | UK Edition

The world's largest smartphone maker Samsung sees its operating profit plunge by 30%, pulled down by the recall of its Note 7 flagship phone.

Tags: note operating samsung profit

 

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