LG Electronics Q2 profit slumps 60% on weak TV, smartphone sales

Last Updated: Wednesday, July 29, 2015, 13:16

South Korea`s LG Electronics Inc said on Wednesday its quarterly profit skidded 60 percent, plummeting below estimates, as sales of televisions and smartphones buckled under weaker demand and intense competition from rivals.

British economy bounces back in second quarter

Last Updated: Tuesday, July 28, 2015, 15:37

Gross domestic product grew 0.7 percent between April and June, the Office for National Statistics (ONS) said in an initial estimate. That matched analysts` forecasts.

Amazon's value surpasses Wal-Mart after surprise 2Q profit

Last Updated: Friday, July 24, 2015, 23:24

It's official: Amazon is bigger than Wal-Mart. Amazon shares surged 15 percent on Friday after the e-commerce powerhouse reported a surprise second-quarter profit and a better-than-expected 20 percent jump in revenue.

Hyundai Motor's Q2 operating profit tumbles

Last Updated: Thursday, July 23, 2015, 15:10

Revenue rose 0.3 percent from a year earlier to 22.82 trillion won in the second quarter, but net profit plunged 24 percent to 1.79 trillion won.

Sanofi India Q2 net up 12% at Rs 64.2 crore

Last Updated: Tuesday, July 21, 2015, 22:13

Drug firm Sanofi India Tuesday reported a 11.65 percent rise in its standalone net profit at Rs 64.2 crore during second quarter ended June 30, 2015.

Eicher Motors Q2 net profit rises 41% to Rs 222 crore

Last Updated: Tuesday, July 21, 2015, 21:30

Eicher Motors Tuesday reported 40.89 percent rise in its consolidated net profit at Rs 221.83 crore for the second quarter ended June, 2015.

Morgan Stanley beats estimates as trading revenue jumps

Last Updated: Monday, July 20, 2015, 18:17

Morgan Stanley reported a better-than-expected second-quarter profit on Monday as its business that trades bonds and equities handily outperformed those of its Wall Street rivals.

Federal Bank fears more bad loan pain in Q2

Last Updated: Sunday, July 19, 2015, 16:15

The bank's exposure to this company is at around Rs 100 crore and it is evaluating multiple options to deal with the stress, he added.

Crisil Q2 Net rises 12% to Rs 65 crore

Last Updated: Friday, July 17, 2015, 19:46

Country's largest rating agency Crisil Friday reported an over 12 percent rise in its consolidated net profit at Rs 64.92 crore for the second quarter ended June 2015.

Goldman Sachs Q2 earnings dive on $1.45 bn legal charge

Last Updated: Thursday, July 16, 2015, 19:03

Net earnings in the quarter ending June 30 fell to $1.05 billion from $2.04 billion in the year-ago period.

Samsung Electronics flags 4.2% drop in Q2 profit

Last Updated: Tuesday, July 7, 2015, 08:28

In an earnings estimate, the giant South Korean smartphone and memory-chip maker predicted operating profit of around 6.9 trillion won ($6.1 billion) for the April-June period, down 4.2 percent from a year earlier.