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Carpetright shares hit as profit forecast cut

2017-12-12 09:35:33| BBC News | Business | UK Edition

The retailer says full-year profits will be at the low end of forecasts amid an "unpredictable" market.

Tags: hit cut profit shares


Ascena Retail shares tumble as Q1 profit falls 54.2%

2017-12-05 10:55:00| Daily apparel & textile news and comment - from just-style.com

Shares in Ascena Retail Group were down more than 19% in after-hours trading yesterday (4 December) as the US women's wear retailer posted a 54.2% drop in net income in its first-quarter.

Tags: retail falls profit shares


Axiata's 9-month revenue grows 15%, profit jumps 14%

2017-11-23 11:04:00| Telecompaper Headlines

(Telecompaper) Axiata Group reports that its revenue increased by 15 percent to MYR 18.1 billion for the nine months of financial year 2017, from MYR 15.8 billion in the corresponding period of 2016. Revenue growth was mainly driven by data segment with data revenue contributing 44 percent of service revenue as compared to 33 percent in the year-earlier period.

Tags: profit revenue grows jumps


HPE appoints new CEO, reports beter-than-expected profit for Q4

2017-11-22 09:24:00| Telecompaper Headlines

(Telecompaper) Hewlett Packard Enterprise (HPE) president Antonio Neri will become the company's CEO from 1 February, succeeding Meg Whitman, who will remain on the HPE board of directors. Whitman was appointed CEO of HP in September 2011. Since then, she has executed a five-year turnaround strategy, including the separation from HP Inc, the company's PC business. She also led the subsequent spin off and mergers of HPE's Enterprise Services and Software businesses, as well as strategic acquisitions including Aruba, SGI, SimpliVity and Nimble Storage. 

Tags: reports profit ceo q4


Carillion issues profit warning amid debt woes

2017-11-17 09:05:24| BBC News | Business | UK Edition

The struggling construction firm says it expects to breach its financial contracts.

Tags: issues profit warning debt


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