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Tag: profits
Argos owner warns on profits
2015-10-21 09:39:27| BBC News | Business | UK Edition
The owner of Argos and Homebase, Home Retail Group, says full-year underlying profits could be slightly below market expectations.
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Yahoo to narrow focus, partner Google as profits fall
2015-10-21 08:30:00| Telecompaper Headlines
(Telecompaper) Yahoo! reported revenues for the third quarter up 7 percent year-on-year to USD 1.226 billion. Search revenue increased 13 percent to USD 509 million, after traffic acquisition costs of USD 119 million, and display revenue rose 14 percent to USD 509 million and generated USD 104 million in TAC. Mobile revenue, equal to USD 271 million, represented 24 percent of traffic-driven revenue in the third quarter, up from 20 percent a year ago. Adjusted operating profit was still down to USD 92 million from USD 156 million a year ago, and net profit dropped to USD 76 million from USD 6.77 billion in Q3 2014 when the group sold shares in Alibaba. CEO Marissa Mayer said the results were largely in line with expectations. Moving into 2016, she said the company will work to narrow its strategy, focusing on fewer products with higher quality to achieve improved growth and profitability. It's other top priority is the planned spin-off of Aabaco Holdings, the new company for its remaining stake in Alibaba. Yahoo also announced separately an agreement to take search services from Google.
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Yahoo shares down on lower profits
2015-10-21 00:18:57| BBC News | Business | UK Edition
Yahoo shares fell 2% in post-close trading after it reported lower than expected quarterly earnings.
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SDI reports slimmer 3Q profits
2015-10-20 12:31:44| Steel - Topix.net
Steel Dynamics Inc. has announced third quarter 2015 net income and sales figures that have dropped in comparison to the third quarter of 2014 The Fort Wayne, Indiana-based electric arc furnace steelmaker has reported net income of $61 million, or 25 cents per share, on net sales of $2.0 billion. That compares to third quarter 2014 net income of $91 million on net sales of $2.3 billion.
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Costa boosts Whitbread's profits
2015-10-20 10:02:06| BBC News | Business | UK Edition
Costa coffee sales and the Premier Inn hotel chain boost parent company Whitbread's half-year profits, up 5.4% on last year.
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