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HSBC reports surprise pre-tax profit fall
2018-05-04 06:52:54| BBC News | Business | UK Edition
The lender made $4.8bn in the first three months of 2018, down by 4% on the same period a year earlier.
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RBS profit trebles as costs fall
2018-04-27 08:55:50| BBC News | Business | UK Edition
The majority state-owned bank reports a quarterly profit of 792m as it continues its recovery.
Suominens Sales Fall Slightly
2018-04-26 15:43:00| Nonwovens Industry Breaking News
Down 6% in first quarter
Tags: sales
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sales fall
Nokia profit, sales fall in Q1 but guidance upbeat for 2018 on faster start to 5G
2018-04-26 08:58:00| Telecompaper Headlines
(Telecompaper) Nokia said it faced a challenging first quarter and reiterated its guidance for lower earnings in 2018 as it puts more money into testing 5G services. For Q1, net sales fell 9 percent from the year before to EUR 4.9 billion, with sales declining 12 percent at Networks but rising 48 percent at Nokia Technologies, the company's licensing business. On a constant currency basis, net sales were flat, but Nokia said it sees the market improving in H2, thanks to a faster start to 5G.
Qualcomm quarterly results fall, sees flat revenues, lower profit ahead
2018-04-25 23:07:00| Telecompaper Headlines
(Telecompaper) Qualcomm reported revenues for its fiscal second quarter to March down 13 percent year-on-year to USD 5.26 billion, in line with its outlook. Compared to the previous quarter, revenues rose 5 percent. Net earnings dropped 52 percent to USD 363 million or USD 0.24 per share, hurt by restructuring charges of USD 310 million. The chipmaker said it was making good progress with its USD 1 billion cost-reduction target and meeting its growth targets for 2019.
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