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.
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.
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.
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.
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.
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.
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
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.
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.
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.
Chinese Internet company Baidu Inc forecast better-than-expected revenue for the second quarter.
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.
Moving forward, Alec Gutierrez, Senior Market Analyst, Automotive Insights, Kelley Blue Book, says General Motors should focus on building top quality automobiles.