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Tag: profits
US: Target Q3 profits slump despite solid revenues
2013-11-22 14:03:00| Daily apparel & textile news and comment - from just-style.com
Retailer Target Corporation posted reduced profits for the third quarter, despite solid revenues in the company's core US business.
Tags: target
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UK: SABMiller looks to developing markets as H1 profits rise
2013-11-21 09:23:00| Daily beverage news and comment - from just-drinks.com
SABMiller has posted a half-year rise in profits, but net sales were flat as "challenging" Europe and North America offset gains in Africa and Latin America.
Tags: developing
rise
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Avaya revenues down, profits improve in Q4
2013-11-21 08:57:00| Telecompaper Headlines
(Telecompaper) Avaya reported revenues for its fiscal fourth quarter to September of USD 1.2 billion, down 6 percent from a year earlier but 4 percent higher versus the previous quarter. Adjusted EBITDA improved to USD 295 million from USD 267 million a year earlier, and adjusted operating profit rose to USD 244 million from USD 206 million. Net profit rose to USD 23 million from USD 10 million in the year-ago quarter. After cash flow from operations of USD 52 million in the period, Avaya finished September with total cash of USD 288 million. Revenues over the full year fell 9 percent to USD 4.7 billion, and adjusted operating profit was unchanged at USD 721 million. For the coming year, Avaya said it remains focused on broadening its product portfolio and improving go-to-market alignment.
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Fines Are Tax on Banks' Extra Profits, Krawcheck
2013-11-20 20:25:17| IT Services - Topix.net
Sallie Krawcheck , a former executive at Bank of America Corp. and Citigroup Inc., said government fines and charges levied on the largest U.S. banks are a tax on excess profits the lenders made.
VIDEO: UK Mail boss on jump in profits
2013-11-20 12:40:51| BBC News | Business | UK Edition
UK Mail chief executive Guy Buswell talks about his firm's jump in profits and the newly-privatised Royal Mail.
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