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Laura Ashley shares plunge 26% on profit warning

2018-02-15 11:03:17| BBC News | Business | UK Edition

The retailer reports disappointing sales figures for the Christmas trading period.

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Telstra half-year revenue grows nearly 6%, profit declines

2018-02-15 10:53:00| Telecompaper Headlines

(Telecompaper) Australian operator Telstra announced that its total income for the half-year ended 31 December 2017 was up 5.9 percent to AUD 14.5 billion, helped by growth in the mobile and cloud services segments, while EBITDA was down 2.5 percent to AUD 5.1 billion. Net profit declined 5.8 percent to AUD 1.7 billion, hurt by the earlier announced impairment charge of AUD 273 million to write off the remaining carrying value of Ooyala. 

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Baidu's Q4 revenues jump 29%, profit up 1%; plans IPO for iQiyi

2018-02-14 07:58:00| Telecompaper Headlines

(Telecompaper) Chinese search provider Baidu reported total revenues of CNY 23.6 billion (approximately USD 3.62 billion) for the fourth quarter of 2017, a 29 percent increase year-on-year and just ahead of its guidance. Mobile revenue represented 76 percent of total revenues, compared to 65 percent for the fourth quarter of 2016. Net income amounted to CNY 4.2 billion, representing 1 percent growth year-on-year, and adjusted EBITDA increased 78 percent year-on-year to CNY 6.9 billion. 

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Canada Goose Q3 profit soars 60%, taps new CFO

2018-02-08 18:00:00| Daily apparel & textile news and comment - from just-style.com

Canadian outdoor apparel specialist Canada Goose has hailed a "strong performance" in the third quarter, booking a 60% profit hike, and named current Jimmy Choo finance chief Jonathan Sinclair as CFO.

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Twitter moves to profit, with revenues rising 2% in Q4

2018-02-08 15:17:00| Telecompaper Headlines

(Telecompaper) Twitter reported its results for the fourth quarter, showing stronger revenues and a positive profit figure. CEO Jack Dorsey said he was pleased with the quarter, noting the company returned to revenue growth, achieved its goal of GAAP profitability, increased its shipping cadence, and reached five consecutive quarters of double digit DAU (daily active user) growth. 

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