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Alphabet revenues advance 21% in Q3 boosted by mobile search

2018-10-26 09:16:00| Telecompaper Headlines

(Telecompaper) Google parent company Alphabet reported stronger revenues and profit in the third quarter, with the positive momentum helped by mobile search and a lower effective tax rate. Revenues rose to USD 33.74 billion, up 21 percent from the year before and by 22 percent in constant currency terms. The operating profit advanced 25 percent to USD 8.31 billion, though the margin slid to 25 percent from 28 percent. The net profit jumped to USD 9.19 billion from 6.73 billion, with diluted earnings per share going to USD 13.06 from 9.57. The effective tax rate was lower at 9 percent from 16 percent year-on-year.

Tags: search mobile advance revenues

Twitter earnings boosted by sports broadcasts

2018-10-25 13:51:46| BBC News | Business | UK Edition

Sales leap 30% in the third quarter, partly thanks to broadcasts of major baseball and football games.

Tags: sports earnings broadcasts twitter

Lakeside and Metrocentre owner boosted by 2.9bn bid

2018-10-19 10:30:28| BBC News | Business | UK Edition

Shares in shopping centre owner Intu jump as it mulls a takeover bid from a consortium of investors.

Tags: owner bid lakeside boosted

Fast Retailing FY boosted by strong Uniqlo performance

2018-10-12 12:02:00| Daily apparel & textile news and comment - from just-style.com

Japanese retail giant Fast Retailing saw both earnings and sales rise in its last fiscal year, boosted by a strong result from the company's Uniqlo operations.

Tags: fast performance strong retailing