News about 'profit'

Egypt: Court convicts nonprofit workers

Egypt: Court convicts nonprofit workers

Jun 4th, 2013 - 16:20h (CET +01.00)

CAIRO (AP) - An Egyptian court on Tuesday convicted 43 nonprofit workers, including at least 16 Americans, of illegally using foreign funds to foment unrest in the country, sentencing them to up to five years in jail. (Source: Associated Press)... [Full Article]

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Storm chasing critical, profitable and dangerous

Storm chasing critical, profitable and dangerous

Jun 3rd, 2013 - 23:10h (CET +01.00)

OKLAHOMA CITY (AP) - While most people hunker down when a tornado approaches, a growing contingent heads for the prairies, be they scientists hoping to protect the public from a twister's fury or amateurs armed with little more than a smartphone... [Full Article]

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NKorean farmers planting rice with profits in mind

NKorean farmers planting rice with profits in mind

May 31st, 2013 - 15:50h (CET +01.00)

HAMHUNG, North Korea (AP) - North Korean farmers knee deep in muddy paddies across the country have a new incentive during this year's crucial rice planting season: possible bonuses that are part of an economic shift echoing ally China's st... [Full Article]

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Kingfisher sees first-quarter profit tumble

Kingfisher sees first-quarter profit tumble

May 30th, 2013 - 08:40h (CET +01.00)

LONDON (Reuters) - Kingfisher, Europe's largest DIY retailer, posted a near-30 percent drop in first quarter profit as weak demand and poor weather continued to hit trade in its key markets. The group, which runs B&Q and Screwfix in the UK a... [Full Article]

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Mothercare full-year profit boosted by turnaround plan

Mothercare full-year profit boosted by turnaround plan

May 23rd, 2013 - 08:40h (CET +01.00)

LONDON (Reuters) - British baby and maternity products retailer Mothercare posted a better-than-expected rise in full-year profit and said it was making good progress with its three-year turnaround plan. The group, which has some 1,300 stores worldwi... [Full Article]

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HP second quarter quarter profit down 32 percent

HP second quarter quarter profit down 32 percent

May 22nd, 2013 - 22:30h (CET +01.00)

SAN FRANCISCO (Reuters) - Hewlett-Packard Co's quarterly profit slid 32 percent but the world's largest personal computer maker raised the lower end of its full-year outlook as revenue from services to corporations slightly offset shrinking... [Full Article]

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Toll Brothers profit beats on higher home prices

Toll Brothers profit beats on higher home prices

May 22nd, 2013 - 16:50h (CET +01.00)

By Mridhula Raghavan (Reuters) - Luxury homebuilder Toll Brothers Inc reported stronger-than-expected results on higher average selling prices and booked its highest quarterly orders in seven years, sending its shares up 7 percent. Record-low interes... [Full Article]

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Lowe's 1Q profit rises, but results miss Street

Lowe's 1Q profit rises, but results miss Street

May 22nd, 2013 - 13:00h (CET +01.00)

Lowe's first-quarter net income rose almost 3 percent, even as a wet and cool spring dampened sales of gardening products. But the home improvement chain's quarterly performance missed Wall Street's expectations. ... (Source: Associate... [Full Article]

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Royal Mail sees profits almost double before privatisation

Royal Mail sees profits almost double before privatisation

May 21st, 2013 - 11:20h (CET +01.00)

LONDON (Reuters) - Royal Mail said annual profit had more than doubled on the back of an online shopping boom, providing a timely boost ahead of a stock market listing expected later this year. An initial public offering (IPO) of the state-owned firm... [Full Article]

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Marks & Spencer posts second straight fall in year profit

Marks & Spencer posts second straight fall in year profit

May 21st, 2013 - 08:30h (CET +01.00)

LONDON (Reuters) - British retailer Marks & Spencer posted its lowest annual profit since 2009 on Tuesday as a struggling general merchandise division dragged on growth in food sales. The 129-year-old firm, which serves 21 million shoppers a week... [Full Article]

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