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Earnings Announcements

  • Volvo truck maker turns Q1 profit on strong sales Friday, 25 Apr 2014 | 4:39 AM ET

    STOCKHOLM— Swedish truck maker AB Volvo says strong first-quarter sales and cost cuts helped it return to profitability during the period. In a statement, the Goteborg- based group said Friday it made a net profit of 1.1 billion kronor during the period compared with a loss of 248 million kronor last year.

  • Europe gives Electrolux a Q1 profit boost Friday, 25 Apr 2014 | 3:59 AM ET

    STOCKHOLM— Swedish home appliance-maker Electrolux says the economic recovery in Europe helped the company's first-quarter net profit rise 19 percent to 431 million kronor from 361 million kronor.

  • TOKYO, April 25- Honda Motor Co on Friday forecast a 3.6 percent rise in net profit for the year to next March, below analyst estimates and a sharp slowdown from last year, as foreign exchange rates stabilise after a steep decline in the yen boosted earnings.

  • LONDON, April 25- WPP, the world's largest advertising group, reported a much better than expected 7 percent rise in first quarter like-for-like revenue growth and said it had seen a surge in new client wins due to changes in the industry.

  • KPN sales fall; barely profitable in first quarter Friday, 25 Apr 2014 | 2:44 AM ET

    AMSTERDAM— Royal KPN NV, the Dutch telecommunications company partly owned by Mexican billionaire Carlos Slim, nearly slumped to a first-quarter loss following a slide in its mobile services business and a shrinking market for business customers in the Netherlands.

  • Honda's profit doubles on weak yen, strong sales Friday, 25 Apr 2014 | 2:41 AM ET

    TOKYO— Honda said Friday that its profit for the fiscal fourth quarter zoomed to more than double the previous year's as the benefits of a weak yen added to strong sales, but momentum was forecast to ebb as the currency perk wears off.

  • TOKYO, April 25- Mazda Motor Corp forecast an 18 percent rise in net profit for the year to next March, aiming for a second year in a row of record earnings as a weaker yen bolsters the export-oriented automaker's business.

  • Brazil and India doing well: WPP CEO     Friday, 25 Apr 2014 | 2:05 AM ET

    Martin Sorrell, CEO of WPP, says Brazil and India have been strong markets, while Russia and China have slowed for the company.

  • Martin Sorrell, CEO of WPP, says the strength of sterling is the "biggest short-term issue" for the company, creating headwinds on earnings.

  • Baidu profit up 24.1 percent on strong ad revenue Friday, 25 Apr 2014 | 1:59 AM ET

    BEIJING— Baidu Inc., operator of China's most popular Internet search engine, said Friday its quarterly profit jumped 24.1 percent over a year earlier as its mobile business grew. He said Baidu wants to expand in new areas such as location-based services.

  • AP Top Extended Financial Headlines At 5:30 a.m. EDT Thursday, 24 Apr 2014 | 6:04 PM ET

    Lavrov accuses West of plotting to seize Ukraine Study: US manufacturers gain as rising wages and energy costs erode China's cost advantage Global stocks tumble amid Ukraine tensions, S&P cuts Russian sovereign credit rating Sina suspends its literature site after authorities publicize finding of pornographic content US proposes pay-for-priority Internet access rules that protect competition, free speech Trading halted in shares of Alstom, maker of TGV high-speed trains, amid talk of GE bid In good sign for jobs, industrial companies finally see growth in spending on big-ticket items General Motors 1 Q results worst since 2009 due to recall costs; CEO says sales holding up Standard& Poor's upgrades Cyprus 1 notch to B on better than expected economic performance Electrolux first-quarter profit, revenue up on higher demand, improved cash flow

  • WPP thumps forecasts with strong Q1 organic growth Friday, 25 Apr 2014 | 2:11 AM ET

    LONDON, April 25- WPP, the world's largest advertising group, reported first quarter like-for-like revenue growth of 7 percent, much better than expected, and said it had seen a surge in new business wins due to changes in the industry.

  • Mohit Arora, Executive Director for Asia Pacific at J.D. Power and Associates, says a recovery of lost grounds in China and introduction of new models in markets like India will offset Honda's dismal U.S. sales.

  • May Yan, Head of Banks Sector, Asia Ex-Japan Equity Research, Barclays, discusses the movements of Chinese banking stocks on early Friday.

  • Sales remain a concern for Microsoft: Pro     Thursday, 24 Apr 2014 | 8:19 PM ET

    Robert Breza, Senior Research Analyst at Sterne Agee, says Microsoft will continue to see challenges in personal computer sales as it expands into cloud-based services and mobile devices.

  • Seeing a 'transition standoff' in the US: Pro     Thursday, 24 Apr 2014 | 7:19 PM ET

    Michael Kelly, Managing Director & Global Head of Asset Allocation at Pinebridge Investments, explains why he's less optimistic about U.S. equities at the moment.

  • China's Baidu forecasts stronger-than-expected revenue Thursday, 24 Apr 2014 | 8:57 PM ET

    Chinese Internet company Baidu Inc forecast better-than-expected revenue for the second quarter.

  • Delta Air Lines: We are a different Delta now     Thursday, 24 Apr 2014 | 8:08 PM ET

    Vinay Dube, Senior VP, Asia Pacific, Delta Air Lines, outlines two reasons why the airline managed profit gains despite suffering a loss of $90 million in revenue due to flight cancellations amid extreme winter.

  • Brian Sponheimer, Auto & Capital Equipment Analyst at Gabelli & Company, discusses General Motors' sharp fall in profit during the first quarter.

  • How GM can recover from recalls     Thursday, 24 Apr 2014 | 6:51 PM ET

    Moving forward, Alec Gutierrez, Senior Market Analyst, Automotive Insights, Kelley Blue Book, says General Motors should focus on building top quality automobiles.

Most Popular Video

Friday, 25 Apr 2014 | 12:02 AM ET

Takuji Okubo, Principal & Chief Economist at Japan Macro Advisors, says wages in Japan are not keeping up with rising prices.

Thursday, 24 Apr 2014 | 11:42 PM ET

Mohit Arora, Executive Director for Asia Pacific at J.D. Power and Associates, says a recovery of lost grounds in China and introduction of new models in markets like India will offset Honda's dismal U.S. sales.

Thursday, 24 Apr 2014 | 11:11 PM ET

Stuart Leckie, Chairman at Stirling Finance, says the triple-R cut for Chinese rural lenders will have a positive impact and is a "nice gesture" signaling that Beijing has not forgotten the rural areas.