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USA Truck 3Q Net Income Down 32 Percent
2015-11-04 15:38:25| Trucking - Topix.net
USA Truck Inc. of Van Buren on Wednesday reported third-quarter net income of $2.7 million, or 17 cents per share, down 32 percent from $4 million, or 38 cents per share, in the same quarter last year.
Softbank's H1 net income falls, revenues up 10%
2015-11-04 11:50:00| Telecompaper Headlines
(Telecompaper) Japanese communications provider Softbank posted a net income of JPY 426.7 billion for the first half ended 30 September, a decrease of 22 percent year-on-year. The company recorded an impairment charge of JPY 33.2 billion in the period to write down the value of its stake in Trikomsel, an Indonesian company undergoing debt restructuring. Softbank's net sales amounted to JPY 4.42 trillion in H1, up 10 percent from JPY 4.02 billion a year earlier, and EBITDA increased 22 percent to JPY 1.32 trillion. Revenue growth was helped by the weaker yen versus the US dollar, as well as underlying growth at the Japanese activities. Free cash flow jumped to JPY 180 billion from JPY 68 billion a year ago, helped by a slowdown in capital expenditure.
Baidu sees Q3 net income drop 26.7% to CNY 2.8 bln
2015-10-30 09:34:00| Telecompaper Headlines
(Telecompaper) Chinese internet search provider Baidu reported total revenues of CNY 18.383 billion (approximately USD 2.892 billion) for the third quarter of 2015, which represents a 36 percent increase from the third quarter of 2014. Mobile revenue accounted for 54 percent of total revenues for the third quarter of 2015, compared to 37 percent for the corresponding period in 2014. Third-quarter net income plunged 26.7 percent to CNY 2.841 billion (approximately 447 million) at 30 September 2015.
Merck beats 3Q net income expectations, misses revenue forecasts
2015-10-28 05:29:52| Biotech - Topix.net
The drugmaker Merck & Co. on Tuesday said its third-quarter profit more than doubled, as heavy cost-cutting from its ongoing restructuring more than offset lower sales and the impact of unfavourable currency exchange rates.
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Swiss drug maker Novartis says Q3 net income drops following sale of shares to Merck last year
2015-10-27 12:55:47| Biotech - Topix.net
Swiss pharmaceutical giant Novartis says net income fell 42 per cent in the third quarter, largely due to the sale of its hepatitis drug unit a year earlier and provisions for legal settlements and fees. The company says the integration of businesses from a multibillion-dollar product exchange with rival GlaxoSmithKline earlier this year is on track.
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