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Tag: fall
LinkedIn shares fall 26% on profit miss
2016-02-05 00:09:33| BBC News | Business | UK Edition
Professional social networking site LinkedIn saw its shares fall 26% after projecting a lower than expected profit for the first quarter of 2016.
GoPro shares fall 19% on quarterly loss
2016-02-04 07:23:42| BBC News | Business | UK Edition
GoPro shares fall as much as 19% in after-hours trade in the US after the firm's latest results show a loss-making December quarter.
Tags: fall
loss
shares
quarterly
Q2 Sales Fall at Elizabeth Arden
2016-02-04 06:00:00| Happi Breaking News
Sales off 5% for the period.
Tags: sales
fall
elizabeth
arden
Lenovo shares fall on poor revenues
2016-02-03 10:15:51| BBC News | Business | UK Edition
Shares of Chinese smartphone and PC-maker Lenovo plunge by more than 10% after it reports quarterly revenues down for the first time in more than six years.
Tags: fall
poor
shares
revenues
KPN sales fall 5.9% in Q4 on weak business market
2016-02-03 08:50:00| Telecompaper Headlines
(Telecompaper) KPN reported fourth-quarter revenues down 8.1 percent year-on-year to EUR 1.75 billion, and adjusted EBITDA fell 7.6 percent to EUR 582 million. Excluding a tax refund, organic revenues fell 5.9 percent. KPN reported continued growth in customers, but suffered from the weak enterprise market, declining traditional services and some changes in mobile pricing. The company said it's simplification programme delivered EUR 280 million in annual savings by the end of 2015, and it upgraded its target for total savings to EUR 450 million by the end of 2016. Net profit improved to EUR 254 million compared to a loss of EUR 16 million a year earlier, thanks to a profit on the sale of shares in Telefonica Deutschland. Part of the sale proceeds will also go to a special dividend of 13 cents per share, to be paid June 2016. KPN reduced investments by 14 percent in the quarter to EUR 355 million, helping free cash flow return to a positive 223 million versus a negative 179 million a year ago. For 2016, the Dutch operator forecast stable EBITDA, capital expenditure of EUR 1.2 billion, free cash flow of EUR 650 million and an increase in the dividend to EUR 0.10 per share from EUR 0.8.
Tags: business
sales
market
fall
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