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Tag: profits
Exxon Mobil's profits plunge
2016-02-03 18:05:28| Energy - Topix.net
Exxon Mobil Corp. said Tuesday that fourth-quarter profit fell 58 percent to $2.78 billion. It was the oil giant's smallest profit since the third quarter of 2002.
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plunge
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Pick-up trucks and SUVs lift GM profits
2016-02-03 15:54:52| BBC News | Business | UK Edition
Sales of SUVs and pick-up trucks in North America helped General Motors to achieve improved profits last year.
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profits
trucks
pickup
Moet Hennessy sees China rebound as FY sales, profits jump
2016-02-03 12:23:00| Daily beverage news and comment - from just-drinks.com
LVMH's wines & spirits unit, Moet Hennessy, has posted a healthy leap in full-year profits as sales in China rebounded in the second half of last year.
Lenovo profits improve on cost cuts, mobile breaks even
2016-02-03 09:20:00| Telecompaper Headlines
(Telecompaper) Lenovo reported improved profits in its fiscal third quarter to December following cost cuts, while revenues were still lower on the weak PC market. Revenues fell 8 percent year-on-year to USD 12.91 billion and were down 3 percent after excluding exchange rate effects. Revenue from the PC business dropped 12 percent year-on-year to USD 8.03 billion, and mobile revenues were down 4 percent to USD 3.25 billion, while the enterprise business grew by 8 percent to USD 1.31 billion. The gross margin dipped to 14.6 percent from 14.9 a year ago. Operating profit still rose to USD 379 million from USD 325 million a year earlier, helped by the restructuring, and net profit increased to USD 300 million from USD 253 million. Lenovo said it was on track with its cost-cutting plans and expects to realise total savings of USD 650 million in the second half of this fiscal year and about USD 1.35 billion on an annual basis.
Tags: mobile
cost
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breaks
Exxon Mobil quarterly profits drop 58%
2016-02-02 16:23:46| BBC News | Business | UK Edition
Exxon Mobil's quarterly profits drop 58%, continuing the trend of poor results from the oil sector.
Tags: drop
mobil
quarterly
profits
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