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Yahoo! more than doubles profit to USD 163 mln in Q3
2016-10-19 08:31:00| Telecompaper Headlines
(Telecompaper) Yahoo reported a net profit of USD 163 million in the third quarter, more than double the year-earlier total of EUR 76 million, on earnings of USD 1.305 billion, up from USD 1.226 billion in Q3 2015. Earnings per share came in at 20 cents compared to 15 cents a year earlier, while adjusted EBITDA dipped to USD 229 million from USD 244 million. Yahoo's display advertising revenue was down 7 percent year on year to USD 476 million due to a 5 percent fall in the number of ads sold, while mobile revenue increased to USD 396 million from USD 271 million and accounted for 32 percent of traffic-driven revenue. CEO Marissa Mayer announced that she was pleased with the results and said the company was still "busy preparing for integration with Verizon," after the telecommunications giant agreed to buy Yahoo for USD 4.8 billion in July.
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Ford profit doubles on European sales
2016-04-28 18:20:07| BBC News | Business | UK Edition
Ford posted a record quarterly profit following strong sales in Europe and moving more trucks in North America.
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Cathay Pacific profit nearly doubles as fuel cost falls
2016-03-09 07:57:35| Airlines - Topix.net
Cathay Pacific Airways says annual profit nearly doubled in 2015 as passenger demand grew and tumbling oil prices cut its fuel bill. Hong Kong's biggest airline said Wednesday that net income jumped 90.5 percent from the year before to 6 billion Hong Kong dollars .
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Ryanair Doubles Quarterly Profit, Announces $868 Million Buyback
2016-02-01 12:55:42| Airlines - Topix.net
Ryanair Holdings Plc doubled fiscal third-quarter earnings as passenger numbers surged and said it will return 800 million euros to investors via a share-buyback program. Profit after tax increased to 103 million euros in the three months ended Dec. 31 from 49 million euros a year earlier, aided by a 25 percent surge in passenger numbers to 20 million, Dublin-based Ryanair said Monday.
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Market recap: Amazon's profit more than doubles, but its stock takes a hit
2016-01-31 00:49:16| Paper - Topix.net
Up but short: Amazon's stock dropped 8 percent to $587 Friday after the e-commerce company reported late Thursday that its profit more than doubled, but still fell short of forecasts because of increased costs. Paper cuts: WestRock shares fell 11.4 percent to $33.44 Monday, and International Paper fell 5.6 percent to $34.40 after investment firms downgraded the stocks over concerns about product prices.