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Tag: profit
Commonwealth Bank posts record $9.14b profit, seeks to raise $5b
2015-08-12 02:47:34| Automakers - Topix.net
Commonwealth Bank of Australia has launched a $5 billion rights issue to boost capital in response to regulatory pressure and has posted a full-year cash profit of $9.14 billion, up 5 per cent and the largest-ever profit by an Australian bank. CBA shares are in a trading halt ahead of the raising, which will boost CBA's closely watched common equity tier 1 capital ratio to 10.4 per cent, lifting it back to the top of the big bank pack.
Tags: posts
record
bank
profit
Asia and US boost Prudential profit
2015-08-11 12:47:21| BBC News | Business | UK Edition
Prudential reports a 17% jump in operating profits for the first half of 2015, boosted by increasing business across Asia and the US.
Tags: asia
profit
boost
prudential
Gap issues lackluster 2Q profit outlook
2015-08-11 03:05:59| Apparel - Topix.net
Gap issued a second-quarter earnings forecast that's below Wall Street analysts' estimates, as results were dragged down by West Coast delays, foreign currency fluctuations and moves to close a string of Gap stores. The earnings outlook, announced late Monday, comes as the San Francisco-based retailer, which also operates Old Navy and Banana Republic, saw a sales shortfall in the quarter.
Tags: issues
profit
gap
outlook
HTC declared effectively worthless; LGs profit margins fall to a penny a phone
2015-08-10 19:00:28| Extremetech
HTC's stock has fallen to the point that the company is considered to be worth less than its own cash holdings. HTC, however, is far from the only Android OEM in a bad situation.
Tags: phone
fall
profit
effectively
Weak Jaguar sales hit Tata profit
2015-08-07 16:09:46| BBC News | Business | UK Edition
Tata Motors sees quarterly profits almost halve due to weak sales of Jaguar Land Rover in China.
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