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Nichols predicts strong full-year after H1 sales, profits boost - results

2016-07-22 12:39:00| Daily beverage news and comment - from just-drinks.com

UK soft drinks producer Nichols has forecast another solid six months after first-half results saw sales and profits climb.

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Microsoft profits improve on growing cloud business

2016-07-20 08:41:00| Telecompaper Headlines

(Telecompaper) Microsoft reported a strong improvement in profits for its fiscal fourth quarter to June, led by strong sales for its enterprise products such as Azure, which more than doubled revenues. The company's net result moved to a profit of USD 3.12 billion from a loss of USD 3.20 billion a year ago, helped by lower charges at the mobile phone business. Adjusted EPS increased 11 percent, or 27 percent at constant exchange rates, to USD 0.69. Revenues were still down 7 percent to USD 20.61 billion, but rose 5 percent excluding currency effects.

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Microsoft's cloud unit boosts profits

2016-07-19 22:45:49| BBC News | Business | UK Edition

Microsoft reported substantial growth in its cloud computing unit, which helped to boost quarterly profits.

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Bank of America second quarter profits fall 19%

2016-07-18 17:03:02| BBC News | Business | UK Edition

Bank of America reports a steep drop in profit for the second quarter, as persistently low interest rates hurt the firm's loan business.

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Citigroup quarterly profits slide

2016-07-15 14:49:32| BBC News | Business | UK Edition

Citigroup profits fell 14% in the second quarter on weakness at its consumer banking business, results show.

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