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Microsoft quarterly profit lower on restructuring costs
2014-10-24 08:39:00| Telecompaper Headlines
(Telecompaper) Microsoft reported a 13 percent fall in earnings for its fiscal first quarter to September to USD 0.54 per share, hurt by restructuring charges for its earlier announced job cuts and the integration of Nokia's handset operations. The USD 1.14 billion in restructuring charges took USD 0.11 per share off earnings, the company said. Revenues were still up to USD 23.2 billion from USD 18.5 billion a year ago, thanks to the acquisition of the mobile phone business, and gross profit increased 12 percent to USD 14.9 billion.
Tags: lower
costs
microsoft
profit
Qantas back on track to profit
2014-10-24 06:28:57| BBC News | Business | UK Edition
Australia's troubled national carrier Qantas says it is on course to deliver its first pre-tax profits this year in the three months to September.
Tags: back
track
profit
qantas
Canadian operations cut into West Marine Q3 profit
2014-10-24 02:25:53| Mobile Homes - Topix.net
A tax valuation allowance related to its Canadian operations helped reduce net income at West Marine Inc. to $4.9 million in the third quarter of fiscal 2014, down 24% from $6.5 million in the same period the prior fiscal year. Net revenues were $196.5 million, a 2% jump from $193.4 million, and same-store sales rose 0.6%.
Tags: west
cut
operations
profit
Nokia sees third-quarter turn to profit as sales grow after sale of phone unit to Microsoft
2014-10-23 22:52:53| Wireless - Topix.net
Nokia is showing signs that it has turned around its fortunes following the sale of its ailing cellphone unit to Microsoft. The slimmed-down Finnish company said Thursday that it made a third-quarter net profit of 747 million euros of the year, compared with a 91 million-euro loss in the same period last year.
Nokia sees third-quarter turn to profit as sales grow after sale of phone unit to Microsoft
2014-10-23 22:42:38| Telecom - Topix.net
Nokia is showing signs that it has turned around its fortunes following the sale of its ailing cellphone unit to Microsoft. The slimmed-down Finnish company said Thursday that it made a third-quarter net profit of 747 million euros of the year, compared with a 91 million-euro loss in the same period last year.
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