Samsung Pegs Rebound on Mobile Chips

Related Link: 

Samsung offered signs that the worst was likely over for its mobile division, as the company turns to mobile chips and cheaper handsets to spur a recovery in profit.

Fed Flags Midyear Rate Hike---Or Later

Related Link: 

The Federal Reserve signaled it would keep short-term interest rates near zero at least until midyear, while also setting the stage for tough decisions in the coming weeks about whether it should wait even longer.

Gazprom Profit Falls on Ruble, Ukraine

Related Link: 

Russian state-controlled gas group Gazprom said net profit plunged 62% in the third quarter of 2014 compared with same period the previous year, hit by the slide in the ruble and a lack of deliveries to key customer Ukraine.

China Raps Alibaba for Fakes

Related Link: 

The Chinese government accused e-commerce giant Alibaba of failing to crack down on the sale of fake goods, bribery and other illegal activity on its sites in a rare public dispute with one of the country’s most prominent companies.

Shell Posts Rise in Profit

Related Link: 

Royal Dutch Shell reported a rise in fourth-quarter profit, showing how it is resisting slumping oil prices, which have fallen more than 50% since the middle of last year.

Diageo Profit Drops

Related Link: 

Diageo has turned in an 18% decline in first-half profit with a drop in revenue in North America weighing on the U.K. drinks group’s performance.

Givaudan Earnings Rise On Sweet Emerging-Market Growth

Related Link: 

Givaudan reported a 15% rise in full-year earnings and forecast more revenue growth this year underpinned by sales in emerging markets where the world’s largest fragrance and flavor maker has continued to expand.

Toshiba to Pull Out of North America TV Sales

Related Link: 

Toshiba Corp. said Thursday that it would stop making and selling TVs for the North American market amid stiff price competition.

LG Electronics Reports Unexpected Loss

Related Link: 

LG attributes the weak performance to its TV business, which ended operations in November.

Fortescue Forges Ahead as Iron Ore Falls

Related Link: 

Fortescue won’t curb its production of iron ore despite a sharp tumble in prices, saying it continues to sell its raw materials to China’s steelmakers for a profit.

Syndicate content