Ryanair on Monday warned that profit would weaken this year owing to recession in Europe and high oil prices, after the Irish no-frills airline unveiled record earnings thanks to higher revenues. (Source: AFP)... [Full Article]
(Reuters) - Gap Inc raised its yearly profit forecast, prompted by first-quarter earnings that topped Wall Street estimates and rising sales, sending its shares up 8 percent in extended trading. For the full year, Gap estimates earning $1.78 to $1.83... [Full Article]
(Reuters) - Gap Inc raised its profit forecast, prompted by first-quarter earnings that topped Wall Street and by rising sales. (Source: Reuters)... [Full Article]
India's software outsourcer Mahindra Satyam on Thursday said it had swung into net profit for the three months to March, from a net loss a year earlier. (Source: AFP)... [Full Article]
British brokerage ICAP on Wednesday announced a 27-percent drop in annual net profits to £137 million and signalled a tough start to its new financial year on eurozone strains. (Source: AFP)... [Full Article]
Saks reported a 13 percent bump in first-quarter profit, but sales came in well below Wall Street expectations.The New York company said Tuesday that it has seen a sales slowdown in women's designer clothing ... (Source: Associated Press)... [Full Article]
Saks reported a 13 percent bump in first-quarter profit but sales came in well below Wall Street expectations. (Source: Associated Press)... [Full Article]
SAN FRANCISCO (Reuters) - Groupon Inc posted its first quarterly profit by reining in marketing spending and signing up more customers and merchants, sending its stock about 18 percent higher. The fledgling company started by music graduate Andrew Ma... [Full Article]
SAN FRANCISCO (Reuters) - Groupon Inc posted its first quarterly profit as the world's largest daily deal company reined in marketing spending, and its stock rose sharply. The after-hours rally to $13 on Monday followed a gain of more than 18 pe... [Full Article]
TOKYO (Reuters) - Sony Corp predicted a return to profit this year as it looks to halve the losses in its TV business that pushed the Japanese consumer electronics giant to a record loss of $5.74 billion in the year just ended. Sony shares, valued at... [Full Article]