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Alibaba Misses Profit Forecast Despite 54 Percent Sales Increase

2014-11-04 16:08:57| IT Services - Topix.net

The profit miss was due to share-based compensation expenses and an increase in amortization of intangible assets, the company said. Net income attributable to shareholders fell 38.6 percent year on year to $494 million in its second quarter to Sept.

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Hugo Boss issues warning despite Q3 profit rise

2014-11-04 14:01:00| Daily apparel & textile news and comment - from just-style.com

Fashion business Hugo Boss has warned that full-year sales and profits will fall short of expectations as trading falters in Europe and Asia.

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Alibaba first profit figures up 15%

2014-11-04 13:34:03| BBC News | Business | UK Edition

The Chinese e-commerce giant Alibaba reports its first profits as a public company are up 15% at $1.1bn (687m).

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Black Diamond Q3 profit up as sales surge

2014-11-04 13:34:00| Daily apparel & textile news and comment - from just-style.com

Outdoor apparel and equipment business Black Diamond boosted third quarter profits with strong growth in sales and gross profit margins.

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UPDATE 1-SoftBank cuts FY profit target on Sprint woes; Q2 profit down 23 pct

2014-11-04 12:30:45| Telecom - Topix.net

SoftBank Corp, the Japanese mobile carrier with ambitious plans to grow overseas, slashed its profit forecast as Sprint Corp, the U.S. carrier it bought for $21.6 billion, continues to lose customers with no quick fix in sight. In a statement on Tuesday, SoftBank said it now expects an operating profit of 900 billion yen in the 12 months through March 2015, 10 percent down from the 1 trillion yen profit it previously estimated, citing Sprint's troubles.

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