Stock News

BSkyB Group Plc’ share price down, posts a 5.5% increase in its full-year revenue

British Sky Broadcasting Group Plc made an official statement today, revealing that its full-year revenue increased by 5.5% due to the increased customer demand for the pay-TV providers phone, TV and Internet services. Mr. Jeremy Darroch, who currently occupies the position of Chief Executive Officer, said in the companys statement, which was cited by Bloomberg: […] Read more

Vodafone Group Plc’ share price up, sees recovery in the European markets, following eight-quarter drop

Vodafone Group Plc, the second-biggest mobile-phone carrier by subscribers in the world, posted an eighth straight service revenue decline but revealed that its struggling markets on the territory of Europe are starting to improve. Mr. Vittorio Colao said in the companys statement, which was cited by Bloomberg: “Our performance is beginning to stabilize quarter-on-quarter in […] Read more

Amazon.com Inc.’s share price up, posts Q2 loss after big investments, despite rising sales

Amazon.com Inc., the biggest US online retailer, posted second-quarter figures on Thursday, revealing a net loss after intensive investments hurt margins despite a sizable increase in revenue. The company reported a second-quarter loss of $126 million, which is more than double of Amazons previous estimates. Sales, however, increased by 23% and reached $19.3 billion. The […] Read more

Caterpillar Inc.’s share price down, posts second-quarter results, announces full-year forecast trailing expectations

The biggest mining machinery manufacturer – Caterpillar Inc. reported its results over the second fiscal quarter and posted a full-year forecast for its sales and earnings. According to the companys statement, Caterpillars profit over the second quarter rose by 4% to 999 million dollars, or 1.57 dollars per share, from 960 million dollars, or 1.45 […] Read more

Ford Motor Co. share price up, posts upbeat second-quarter results due to strong performance in North America, Asia and Europe

Ford Motor Co. announced that its net income over the second quarter of the current financial year increased by 6% due to record results in North America, strong performance in Asia and a quarterly profit in Europe. In its statement dated July 24th, Ford Motor Co. said that its second-quarter net income jumped to 1.3 […] Read more

Hyundai Motor Co.’s share price down, posts Q2 profit decline on stronger domestic currency

The biggest auto manufacturer in South Korea – Hyundai Motor Co. -posted second-quarter figures today, revealing that its profit declined due to the strong performance of the South Korean won that affected the companys earnings generated at overseas markets. According to the companys statement, the net income of Hyundai Motor Co. fell by 6.5% from […] Read more

GM’s share price down, Q2 profit drops on account of mass recalls

Detroit-based General Motors Co. posted second-quarter figures today, revealing profit suffered from recall costs, despite limited gains in revenue. The company announced on Wednesday it would recall some 700 000 more vehicles in the US. GM’s revenue climbed to $39.6 billion from $39.1 billion a year ago, while net income was logged at $190 million, […] Read more

Roche Holding AG’s share price up, posts a 7% drop in first-quarter profit on strong Swiss franc

The largest cancer drug manufacturer in the world – Roche Holding AG made an official statement today, revealing that its profit over the first fiscal quarter declined by 7% as the strength of the Swiss franc that offset the companys new drugs rising sales. According to the statement of Roche Holding AG, the companys net […] Read more

Nokia’s share price up, posts a €2.51 billion Q2 profit and boosts full-year profitability forecasts

Nokia announced improving results from the second fiscal quarter and increased its full-year profitability projection, with China networking contracts leading the rally and cost-reduction efforts paying off. According to the statement of Nokia, its net profit over the second three months was reported at €2.51 billion ($3.38 billion) compared to the €226 million loss posted […] Read more