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MEXICO: Coca-Cola FEMSA YTD profits fall as costs hit Q3
2013-10-25 13:37:00| Daily beverage news and comment - from just-drinks.com
Coca-Cola FEMSA has blamed higher marketing and staff costs for a weak Q3 that saw year-to-date profits fall.
Cost-cutting, oil and gas help profits for BASF
2013-10-25 09:32:17| Chemicals - Topix.net
Net income was 1.096 billion euros , up from 925 billion euros in the same quarter a year ago.
Samsung profits up on growth in mobile, semiconductors
2013-10-25 08:42:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics reported revenues from its mobile phone business of KRW 35.20 trillion for the third quarter, up from KRW 28.40 trillion a year earlier. Revenues rose 2 percent compared to Q2, and Samsung said it increased shipments on a quarterly basis thanks to higher shipments of mass market devices and stable smartphone sales. Overall the smartphone/tablet market grew in high single digits, thanks to new device launches, Samsung said. Its own tablet shipments were up sharply thanks to the Tab 3 series launch, although the company did not provide any unit figures. A greater focus on mid-range and high-end devices helped the company improve profitability, it said. Operating profit at the mobile division was KRW 6.70 trillion, a 7 percent sequential increase and 19 percent more than a year ago. Samsung said it expects healthy mobile growth to continue in Q4, thanks to year-end holiday sales and promotions.
Tags: mobile
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Microsoft profits surge 17%
2013-10-24 23:24:45| BBC News | Business | UK Edition
Microsoft reports better than expected earnings of $5.2bn (3.2bn) as speculation swirls around who will replace boss Steve Ballmer.
Tags: microsoft
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profits surge
US: Coca-Cola Enterprises gets Q3 boost, but YTD profits drop
2013-10-24 16:36:36| Daily beverage news and comment - from just-drinks.com
Coca-Cola Enterprises saw volume growth return in its third quarter, but year-to-date profits are down and on-going market challenges persist.
Tags: enterprises
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