Stock News

Nintendo Co Ltd share price down, posts worse-than-expected first-quarter loss amid sluggish console sales

Japanese video game maker Nintendo reported a worse-than-expected first-quarter operating loss as the companys Wii U console struggled to keep up with its competitors from Sony and Microsoft, as well as the fast-developing mobile gaming segment. Nintendo reported that sales fell by 8.4% on an annual basis in the three months through June to 74.7 […] Read more

Barclays PLC share price up, posts rising profit despite declining revenue, legal issues weigh

Barclays PLC posted earnings today, to reveal mixed results, with a decline in total income and a swing back to profit. Legal matters weighed, however, with the bank setting aside £900 million for compensations. The British lender made a net profit of £161 million ($272.1 million) for the three months to June 30, compared with […] Read more

Peugeot SA share price up, auto unit posts first profit in three years amid rising sales in China, turnaround plan

Peugeot SA, Europes second largest carmaker, reported today the first-half profit from its core auto unit in three years. The-better-than-expected profit was mainly driven by rising sales in Europe and China, combined with stiff cost cuts. Peugeots shares jumped as much as 8.5%, the most in almost six months, after the company reported operating income […] Read more

FTSE 100 index little changed after flurry of earnings reports, FOMC meeting in focus

Britains headline index swung between minor gains and losses on Wednesday as investors digested a flurry of earnings reports, while awaiting US economy growth data, as well as the outcome of FOMCs two-day meeting. President Vladimir Putins reaction to additional sanctions imposed by the EU and US on Tuesday fell under the spotlights on the […] Read more

Twitter Inc share price soars, posts Q2 growth in user base and revenue, yet to make profit

Twitter Inc shares gained as much as 35% in after-hours trading, after the company revealed significant growth in both active user base and revenue. A sizable net loss was reported, however, raising some concerns for the San Francisco-based company. The report on Q2 earnings, released late on Tuesday, logged revenue of $312 million, up 124% […] Read more

Airbus Group NV share price surges, first-half profit jumps 10%, drops Skymark superjumbo deal

Toulouse, France-based Airbus Group NV reported on Wednesday a 10%-jump in first-half earnings as the company sold more commercial aircraft, sending shares soaring more than 4%. The earnings report comes only a day after the plane maker announced it scrapped a deal with Skymark Airlines for the delivery of six A380 superjumbos and it would […] Read more

Pfizer Inc share price up, posts steady Q2 revenue and profit, lowers outlook

Pfizer Inc, the leading US drugmaker, posted quarterly earnings today, revealing steady revenue and profit, with declining sales for major divisions and climbing R&D expenses. Full-year outlook was slightly lowered, but still relatively positive. The New York-based companys Q2 revenue was logged at $12.773 billion, down 2% from last year. Net income dropped 77% to […] Read more

BP PLC share price down, posts soaring profits, Russia sanctions concerns

BP PLC, the worlds sixth-largest oil producer, posted Q2 earnings today, revealing a sharp jump in profit, while expressing concern over the looming Western sanctions for Russia, where BP is the biggest single foreign investor. Quarterly underlying replacement cost profit was reported to have risen 34% on an annual basis to $3 635 billion, while […] Read more