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Tesco's H1 profit plunge: What the analysts say

2014-10-23 13:41:00| Daily apparel & textile news and comment - from just-style.com

In an unsurprising announcement this morning (23 October), troubled UK retail behemoth Tesco posted a 92% decline in first-half profits, weighed down by its higher-than-expected accounting error. While many analysts believe Tesco can now draw a line under its darkest days, views are mixed on how fast a turnaround, if any, is likely for the business.

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Nokia back in profit as sales rise

2014-10-23 13:25:36| BBC News | Business | UK Edition

Nokia's fortunes since selling its mobile handset unit to Microsoft appear to be improving with the Finland business returning to profit.

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RNB Retail and Brands moves to Q4 profit

2014-10-23 12:24:00| Daily apparel & textile news and comment - from just-style.com

Scandinavian retail business RNB Retail and Brands has moved to a profit and booked an increase in sales in its fourth-quarter.

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Skechers shares slide as costs hit Q3 profit

2014-10-23 11:07:02| Daily apparel & textile news and comment - from just-style.com

US shoe maker Skechers USA saw its share price slide after recording third-quarter earnings that were hurt by foreign exchange losses and warehousing costs.

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Nokia in $950 million Q3 profit on growing sales

2014-10-23 10:52:33| Wireless - Topix.net

Nokia Corp. appears to have turned around its fortunes after the sale of its ailing cellphone unit to Microsoft, reporting a third-quarter net profit of 747 million euros , from a loss of 91 million euros a year earlier. Sales growth was 13 percent compared to 2013.

Tags: sales million growing profit

 

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