Posted by Reuters: Business News on February 6, 2012
(Reuters) – KFC parent Yum Brands Inc reported fourth-quarter earnings that topped Wall Street’s view after accelerating sales and operating profit at established restaurants in China helped ease worries that growth in its top market was slowing.
Posted by Reuters: Business News on January 31, 2012
TOKYO (Reuters) – Toshiba Corp, Japan’s biggest chip maker, booked a 72 percent fall in quarterly operating profit and cut its annual profit forecast as a strong yen and a weak global economy hit profits at the industrial electronics conglomerate.
Posted by Reuters: Business News on
TOKYO (Reuters) – Honda Motor Co posted a 65 percent slide in quarterly operating profit on Tuesday and forecast the same drop for the full year, when natural disasters in Japan and Thailand hit it harder than rivals.
Posted by Reuters: Business News on January 30, 2012
TOKYO (Reuters) – Honda Motor Co is expected to report a double-digit slide in quarterly operating profit on Tuesday and forecast a still larger drop for the full year, as natural disasters in Japan and Thailand hit it harder than rivals.
Posted by Reuters: Business News on January 27, 2012
SEOUL (Reuters) – Samsung Electronics Co posted a record $4.7 billion quarterly operating profit, driven by booming smartphone sales, and will spend $22 billion this year to boost production of chips and flat screens to pull further ahead of smaller rivals.
Posted by Reuters: Business News on January 26, 2012
(Reuters) – Nintendo Co Ltd posted a 61 percent drop in quarterly operating profit on Thursday and forecast a 45 billion yen ($580 million) operating loss for the year to March, far worse than market expectations, hit by weak sales and the strong yen.
Posted by Reuters: Business News on November 9, 2011
DETROIT (Reuters) – General Motors Co posted a third-quarter profit that fell 15 percent after a loss in Europe and forecast that operating profit in the current quarter would be flat from a weak fourth quarter in 2010.
Posted by Reuters: Business News on November 8, 2011
TOKYO (Reuters) – Toyota Motor Corp posted a 32 percent drop in quarterly operating profit and withdrew its full-year profit forecasts as Thai floods pose a fresh threat to production while supply shortages from the March earthquake kept output low.
Posted by Reuters: Business News on November 2, 2011
TOKYO (Reuters) – Sony Corp on Wednesday slashed its full-year operating profit outlook by 90 percent to its lowest level in three years as Thai floods disrupt camera production at the Japanese company, which is already struggling with a soaring yen and sluggish television sales in the U.S. and Europe.
Posted by Reuters: Business News on August 1, 2011
TOKYO (Reuters) – Honda Motor Co avoided an expected loss and raised its annual profit outlook by more than a third on Monday after it reported a 90 percent fall in quarterly operating profit, as it rebounded quickly from a severe parts shortage.
