GO
Loading...

India

More

  • Oct 23- Property and casualty insurer Chubb Corp raised its full-year profit forecast on Thursday after a drop in catastrophe losses and higher premium income helped the company report stronger-than-expected third-quarter earnings. Chubb's shares rose about 4 percent in extended trading after closing at $94.26 on the New York Stock Exchange.

  • Fewer-than-expected people tune in to Pandora in Q3 Thursday, 23 Oct 2014 | 4:45 PM ET

    Oct 23- Pandora Media Inc reported a lower-than-expected increase in the number of people tuning in to its Internet radio in the third quarter, sending its shares down 4 percent in extended trading. The company posted an adjusted profit of 9 cents per share, on revenue of $239.6 million. Analysts on average were expecting a profit of 8 cents per share on revenue of...

  • Oct 23- Touchscreen chip maker Synaptics Inc reported lower-than-expected first-quarter revenue and adjusted profit, hurt by weak demand from smartphone makers, sending its shares down 8.5 percent in extended trading. The company, which makes fingerprint ID and touchscreen chips for Samsung Electronics Co Ltd's smartphones, reported an adjusted profit...

  • Oct 23- Network gear maker Juniper Networks Inc reported a 5 percent fall in quarterly revenue, hurt by weak demand from customers such as AT&T Inc and Sprint Corp.. The company's revenue fell to $1.13 billion in the third quarter ended Sept. 30, from $1.19 billion a year earlier. Net income rose to $103.6 million, or 23 cents per share, from $99.1 million, or 19 cents per...

  • Oct 23- Qlik Technologies Inc reported a 26 percent rise in quarterly revenue, helped by demand for its business analytics software and an increase in license and maintenance deals. The company reported a net loss of $14.4 million, or 16 cents per share, in the third quarter ended Sept. 30 from a profit of $3 million, or 3 cents per share, a year earlier as expenses rose...

  • Sears said in August it had closed 96 stores in the six months since February and planned to close a total of 130 underperforming stores during the full fiscal year. Sears spokesman Chris Brathwaite declined to comment on the number of planned closures, saying the company would provide an update when it reports quarterly earnings next month.

  • US tech firm fined for underpaying Indian workers Thursday, 23 Oct 2014 | 2:46 PM ET

    The probe announced this week by the U. S Department of Labor uncovered several egregious violations at Electronics for Imaging Inc., a printing technology specialist that generated revenue of $728 million last year, when the misconduct occurred. Among other things, Electronics for Imaging paid the eight workers far below California's required minimum...

  • Bernstein Research said this week that about a third of U.S. shale production would be uneconomical if oil prices were to fall to $80 per barrel. E&P industry needs $90 NYMEX, about $100 Brent, oil prices to maintain the current oil rig count of 1,500-1,600 rigs, which is intrinsic to our U.S. oil production outlook. MORNINGSTAR INC "Our analysis suggests that the...

  • Oct 23- Apple Inc said on Thursday it is studying options for sapphire supply and might work again with GT Advanced Technologies Inc if the distressed supplier can reduce production costs for the scratch-resistant material. GT, a former stock market darling and supplier to Apple, filed for bankruptcy on Oct 6 in a stunning turn of events for a company whose...

  • Oct 23- Under Armor Inc warned that its sales growth would slow next year as the scorching increase in sales of its sports apparel eases off due to cooling demand for its popular outdoor clothing designed to retain body heat. "As UA's apparel revenue base grows larger, it may become more challenging for the company to consistently maintain its 20 percent- plus...

  • Oct 23- GrubHub Inc reported a more than five-fold jump in quarterly profit as more people used the online food-order-and-delivery company to order takeout meals. GrubHub, which delivers everything from expensive steaks to bento boxes, receives a commission from restaurants on orders booked through its website and mobile application.

  • CALGARY, Alberta, Oct 23- Cenovus Energy Inc, Canada's No. 2 independent oil producer, said on Thursday it is mulling the future of its royalty-generating freehold oil and gas properties in Western Canada after competitor Encana Corp raised billions through the sale of similar properties. The popularity of Encana's offering has spurred other producers,...

  • Oct 23- Royal Caribbean Cruises Ltd, the world's second-largest cruise operator, forecast full-year profit below analysts' estimates due to stiff competition in the Caribbean, its biggest market, and a stronger dollar. The company is struggling to boost sales in the Caribbean as smaller rivals such as Europe- based MSC Cruises offer customers packages as cheap...

  • Oct 23- Shares of Build-a-Bear Workshop Inc and Jakks Pacific Inc jumped after the struggling toy retailers forecast strong holiday sales, indicating that a bumper fourth quarter could go a long way in lifting the companies' sagging fortunes. Jakks Pacific's shares touched a five-month high of $8.99. Based on strong demand for Frozen Snow Glow Elsa doll and...

  • Oct 23- Dunkin' Brands Group Inc on Thursday warned that this year's sales at established U.S. Dunkin' Donuts coffee shops will be weaker than forecast as more chains try to take a bite out of the fast-food breakfast business. Shares in the company, which reaps roughly three-quarters of total revenue from its U.S. Dunkin' Donuts business, dropped 3.5 percent to...

  • Under Armour shares fall as sales growth slows Thursday, 23 Oct 2014 | 11:07 AM ET
    Under Armour

    Sports apparel maker Under Armour reported slowing quarterly growth in its apparel business, sending its shares down about 6 percent in early trading.

  • UPDATE 2-Higher advisory fees drive Lazard profit beat Thursday, 23 Oct 2014 | 10:13 AM ET

    Oct 23- Investment bank and asset manager Lazard Ltd reported a better-than-expected quarterly profit as it earned more fees from advising on M&A deals amid a surge in cross-border transactions. German companies were at the forefront of a slew of large cross-border deals in September, such as the $17 billion takeover of U.S.-based Sigma-Aldrich Corp by...

  • The company is struggling to boost sales in the Caribbean as smaller rivals such as Europe- based MSC Cruises offer customers packages as cheap as $199 for a seven-night cruise. Royal Caribbean said a stronger dollar was offseting the benefit of the fall in fuel prices and would hurt its 2014 profit by about 10 cents per share. Royal Caribbean had forecast 2014...

  • Oct 23- GrubHub Inc reported a more than five-fold jump in quarterly profit as more consumers used the online food-order-and-delivery company to order meals. GrubHub, which delivers everything from expensive steaks to bento boxes, receives a commission from restaurants on orders booked through its website and mobile application. GrubHub said its number of...

  • Oct 23- Sports apparel manufacturer and retailer Under Armour Inc reported slowing quarterly growth in its apparel business, sending its shares down about 6 percent in early trading. Under Armour also raised its full-year 2014 sales forecast for the third time. Under Armour said net income rose to $89.1 million, or 41 cents per share, in the third quarter ended...