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Vimpel Earnings Rise, Williams Sonoma Falls
Aug 28, 1:26 PM ET |
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| Vimpel Communications revenue rose 52% to $2.6 billion and net income rose 31% to $470 million or 46 cents a share. |
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| DSW Inc footwear specialty retailer second quarter sales rose 2.4% to $357.2 million and net income rose 67% to $11 million or 25 cents a share. Fred’s, Inc discount store operator second quarter sales rose 5% to $447.1 million and net income fell 68% to $1 million or 3 cents a share. Russia based Vimpel Communications second quarter revenues grew 52.1% to $2.61 billion and net income increased 31% to $470 million or 46 cents a share. |
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Diageo, Henderson Rise, Air Berlin Earnings Up
Aug 29, 11:14 AM ET |
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| Diageo, the world’s largest liquor maker net annual sales rose 8%. Air Berlin second quarter net sales increased 6.7% |
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| [[Diageo Plc.]], the largest liquor maker reported net sales in the year ended June 30 rose 8% to ₤8.09 billion from ₤7.4 billion a year ago. Operating profit in the period increased 9% to ₤2.3 billion and profit attributable to shareholders increased 2% ₤1.5 billion. Henderson, investment manager reported first half net income slid to ₤41.2 million or $76 million or 1.85 pence from ₤89.5 million or 1.66 pence in the same period a year earlier. |
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Bradford & Bigley Loss, Rightmove Net Up
Aug 29, 10:32 AM ET |
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| Bradford & Bingley plc net loss was £17.2 million. Rightmove Group Limited revenues jumped 49% and net income climbed 31%. |
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| Rightmove Group U.K.''s largest residential-property Web site first-half revenues jumped 49% to £37.8 million and net income climbed 31% to £12.6 million or 10.6 pence. Dana Petroleum plc oil and gas explorer first-half sales jumped 67% to £314 million and net income rose 55% to £60 million or 65 pence. Regus Group plc world''s largest provider of serviced offices first-half revenues jumped 23% to £508 million and net income rose 39% to £54 million or 5.6 pence. |
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Dell Falls, PetSmart Rises
Aug 29, 10:23 AM ET |
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| Dell Inc sales rose 11% and net income fell 17%. Marvell Technology second quarter sales rose 28% and net income of $71.4 million or 11 cents a share. |
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| The PC maker, Dell Inc second quarter sales rose 11% to $16.4 billion and net income in the quarter fell 17% to $616 million or 31 cents a share. Jamba, Inc operator of Jamba Juice Company second quarter revenues rose 10% to $98.6 million and net loss in the quarter was $89.2 million or $1.69 per share. PetSmart, Inc, the specialty pet retailer second quarter sales rose 11.2% to $1.2 billion and net income in the quarter fell 20% to $37.2 million or 30 cents a share. |
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Tiffany, Zales Surge; Sears Struggles
Aug 28, 9:57 AM ET |
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| Del Monte Foods Company revenue rose 14% and net loss was $10.1 million. Gerber Scientific, Inc revenue rose 3.27% and net income was $0.7 million. |
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| Del Monte Foods a marketer of branded food first quarter revenues rose 14% to $726.2 million and net loss was $10.1 million or 5 cents a share. Gerber Scientific first quarter revenues rose 3.27% to $158.9 million and net income was $0.7 million or 3 cents a share. Sears Holdings Corporation second quarter revenues decreased 4.27% to $11.7 billion and net income declined 62% to $65 million or 50 cents a share. |
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Antofagasta Earnings Up 9%, Tullow Earnings Rise 71%
Aug 28, 9:09 AM ET |
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| Taylor Wimpey reported first half revenue rose to £1.9 billion a year ago and reported a loss of £1.5 billion compared to a profit of £18 million. |
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| Taylor Wimpey reported first half revenue rose to £1.9 billion from £1.4 billion a year ago and reported a loss of £1.5 billion compared to a profit of £18 million. In the period the group finished 8,494 homes compared to 4,857 homes. The home builder is facing challenging market conditions in UK, Spain and in the U.S but the company asserted that it is in compliance of all of its debt covenants. In the period the loss per share was 135 pence compared to 3.9 pence. |
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Borders Loss, J Crew Earnings Fall
Aug 28, 8:57 AM ET |
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| The Bank of Nova Scotia revenue rose 3% and earnings gained 3%. Borders Group, Inc revenue fell 7% and net loss was $11.3 million. |
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| The Bank of Nova Scotia, a financial institution third quarter revenues rose 3% to $3.4 billion and net income grew 3% to $1.01 billion or 98 cents a share. Borders Group, Inc second-largest U.S. bookseller second quarter revenues fell 7% to $749.2 million and net loss was $11.3 million or 19 cents a share. J. Crew Group, Inc apparel retailer second quarter revenues rose 10% to $242.3 million and net income fell 12% to $18.1 million or 28 cents a share. |
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Cnooc Cosco, Jiangxi Coppre Rise
Aug 28, 8:14 AM ET |
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| CNOOC Limited revenue rose 64% net income jumped 47%. China COSCO Holdings revenues rose 47.6% and net income jumped 109.2% |
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| CNOOC Limited largest oil company first-half revenues rose 64% to 69 billion yuan and net income jumped 47% to 27.5 billion yuan or 62 yuan a share. China COSCO engaged in shipping first half revenues rose 47.6% to 70.48 billion yuan and net income jumped 109.2% to15.12 billion yuan or 1.48 yuan a share. China Life Insurance Company Limited country''s largest life insurance company first-half net income declined 32% to 15.84 billion yuan. |
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Earnings at Benihana, Men's Wearhouse Fall
Aug 28, 8:04 AM ET |
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| Benihana Inc revenue rose 5.0% and net income declined 91%. Coldwater Creek Inc sales dropped 5% and net income declined 64%. |
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| Coldwater Creek Inc women''''s apparel retailer second quarter sales dropped 5% to $241.4 million and net income declined 64% to $3.1 million or 3 cents a share.The Men’s Wearhouse, Inc apparel retailer second quarter revenues fell 4% to $545.3 million and net income in the quarter dropped 76% to $32.8 million or 63 cents a share. FuelCell Energy, Inc engaged in the fuel cell power plants third quarter revenues increased 106% to $27.9 million and net loss was $26.8 million or 39 cents a share. |
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China Mobile Earnings Up 44%
Aug 27, 7:18 PM ET |
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| Monthly churn rate rose to 2.95% from 2.64% in the year ago period. |
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| China Mobile, the largest mobile telecom carrier in the world by subscriber and by market cap reported first half 2008 revenue increase of 17.9% to 196.46 billion yuan or $28.66 billion. Net profit in the period increased 44.7% to 54.84 billion yuan or $8.02 billion. Average operating expense per minute declined 20% and average monthly operating expense per user fell 9.9% in the period. The operator added 45.3 million net new subscribers in the period. |
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