Tag Archives: net

Dr. Reddy’s retreats from record after earnings

REUTERS MARKET EYE: Shares in Dr.Reddy’s Laboratories Ltd fell 2.4 percent after its January-March earnings results, retreating from a record high hit in the previous session even as consolidated net profit and operating margins beat estimates. Dr.Reddy’s earlier said its January-March consolidated net profit rose 66.5 percent to 5.71 billion rupees from a year earlier. That was above expectations of a consolidated net profit of 4.47 billion rupees Continue reading

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Metropolitan Bank & Trust 1Q Net Profit More Than Doubles to PHP11.4 Billion

Metropolitan Bank & Trust Co. (MBT.PH) said Thursday that net profit in the first quarter more than doubled from a year earlier due to improved interest margins, higher treasury income and gains from selling a stake in car assembler Toyota Motors Philippines Corp Continue reading

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SALT 2013: Roubini vs. Goolsbee

LAS VEGAS (TheStreet) — At the Skybridge Alternative Investment (SALT) Conference, Nouriel Roubini — whose bearish economic views have earned him the nickname ‘Dr. Continue reading

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Whole Foods Earnings Surprise Wall Street

NEW YORK (TheStreet) — Shares of Whole Foods Market surged in after-market trading after the specialty supermarket surprised Wall Street by beating analysts’ quarterly earnings estimates. Continue reading

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UBS Names John Mathews as New Head of Private Wealth Management

UBS AG (UBS, UBSN.VX) has named John Mathews head of Private Wealth Management, a group responsible for the ultra-high-net-worth segment of UBS Wealth Management Americas. Continue reading

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Kraft Foods profit beats Street, shares rise

(Reuters) – Kraft Foods Group Inc posted quarterly earnings that far exceeded Wall Street estimates on Thursday, as increased spending on some of its biggest brands paid off, sending the company's shares higher. Still, the U.S. maker of Maxwell House coffee, Oscar Mayer lunch meat and Planters nuts stood by its full-year forecast as it expects to continue investing Continue reading

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China Development Bank 2012 Profit Rises

China’s largest infrastructure lender saw a 38% rise in full-year 2012 net profit thanks to higher net interest income, it said late on Thursday. Continue reading

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DBS 1st Quarter Net Rises 2%

DBS Group Holdings Ltd.’s (D05.SG) first-quarter net profit rose 2% on loan and deposit growth and strong non-interest income, it said on Thursday. Continue reading

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Facebook 1Q earnings, revenue grow, mobile ads up

NEW YORK (AP) — Facebook’s net income and revenue grew in the first quarter of the year, helped by an increase in mobile ad revenue, a figure that some skeptical investors have been watching closely. Continue reading

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Pfizer Q1 profit up, but drugmaker cuts outlook

Pfizer Inc.'s first-quarter net income rose 53 percent despite falling sales, mainly because the world's second-largest drugmaker took big charges a year ago. Pfizer's results fell short of Wall Street's expectations, and the company lowered its profit and sales forecasts for the year, blaming sudden worsening currency exchange rates. Continue reading

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