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Tag: profits
Santander profits up on branch focus
2015-02-03 09:17:53| BBC News | Business | UK Edition
The eurozone's largest bank, Santander, reports a 32% jump in annual pre-tax profits and says it will continue to focus on retail banking in 2015.
Tags: focus
branch
profits
santander
Lower oil price hits BP profits
2015-02-03 08:46:08| BBC News | Business | UK Edition
BP reports a fall in underlying profits and says it will reduce spending on exploration because of lower oil prices.
Lenovo sales up 31%, profits fall on acquisition costs
2015-02-03 08:34:00| Telecompaper Headlines
(Telecompaper) Lenovo reported revenues for its fiscal third quarter of USD 14.1 billion, up 31 percent year-on-year. Adjusted pretax profit, excluding costs for the company's takeovers of Motorola Mobility and IBM's x86 server business, rose 8 percent to USD 348 million. Including these costs, net profit for the three months to December fell 5 percent to USD 253 million. PCs accounted for 65 percent of the company's revenue, down from 81 percent a year ago, while Mobile delivered 24 percent and Enterprise contributed 9 percent. Lenovo shipped 16 million PCs in the quarter, up 4.9 percent year-over-year. Motorola shipped over 10 million phones, more than double the year-earlier period, and contributed USD 1.9 billion to Lenovo's total USD 3.4 billion in mobile revenues.
Tags: sales
fall
costs
acquisition
Lenovo profits beat expectations
2015-02-03 02:39:54| BBC News | Business | UK Edition
Technology group Lenovo posts better-than-expected profit after sales in its smartphone division more than doubled.
Tags: beat
expectations
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lenovo
BP profits fall due to decline in oil prices
2015-02-03 01:00:00| Offshore Technology
BP has reported lower profits for the fourth quarter of 2014 and announced it will reduce exploration investment due to the decline in oil prices.
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