Financial performance news and stories by mail.com

Financial performance

Deutsche Telekom Q4 net profit hits $1 billion
Deutsche Telekom saw net profit recover to €793 million ($1.04 billion) in the fourth quarter as the telecoms group declared it was "on the offensive" ...
Telefonica's profit falls to $5.14BN on write-offs
Spanish telephone company Telefonica said Thursday its net profit last year plunged 27.3 percent to €3.9 billion ($5.14 billion), driven lower by a ...
Lawsuit charges weigh on Bayer profits again
Charges for lawsuits over its birth control pills weighed on Bayer AG's earnings once again during the fourth quarter of 2012. The German company said ...
Europe dents profits at utility GDF Suez
Growth in developing markets helped Franco-Belgian utility GDF Suez eke out revenue growth last year, but concerns over the economic outlook in Europe ...
Pension costs dent retailer Ahold's Q4 profits
Royal Ahold NV, the Dutch operator of U.S. supermarket chains Stop & Shop and Giant, has reported a 41 percent fall in fourth quarter profits as a ...
JC Penney posts 4th straight big loss, sales drop
Boy, it just wasn't J.C. Penney's year. The mid-priced department store chain reported another much larger-than-expected loss in the fiscal fourth ...
Target 4Q hurt by Canada investment, weak holiday
Target is setting its bullseye on Canada in 2013. Its investment in a Canadian launch this year and weaker-than-expected holiday sales caused Target ...
Apple CEO promises investors 'great stuff' to come
Apple CEO Tim Cook sought to reassure shareholders worried about the company's sagging stock price that the iPhone and iPad maker is on the verge of ...
Airbus parent EADS sees Q4 earnings halve
Airbus parent company EADS NV posted a 47 percent drop in fourth-quarter net profit Wednesday after taking costly charges at its helicopter and ...
Budweiser maker AB InBev reports lower profit
Anheuser-Busch InBev NV, the world's largest brewer, said Wednesday that profit fell 4.9 percent in the fourth quarter due to higher financing costs, ...
Report: Indian casinos revenue up slightly in 2011
Indian casinos brushed off weak consumer spending in a sluggish U.S. economic recovery to post a modest increase in revenue in 2011, an industry study ...
Macy's profit beats Wall Street expectations
Macy's reported a fourth-quarter profit that beat Wall Street expectations as its strategy of tailoring merchandise to local markets paid off during ...
Home Depot 4Q results top Street, OKs $17B buyback
Home Depot Inc., the largest U.S. home improvement retailer, said Tuesday its fiscal fourth-quarter net income surged 32 percent, beating ...
Home Depot leads Dow average higher
A jump in home sales and strong earnings from Home Depot helped the Dow claw back more than half of its losses from Monday. Improving consumer ...
US 4Q bank earnings up 37 pct as lending rises
Profits at U.S. banks jumped almost 37 percent for the October-December period, reaching the highest level for a fourth quarter in six years as banks ...
E.W. Scripps posts higher 4Q earnings, revenue
The E.W. Scripps Co. reported sharply higher earnings and revenue for the fourth quarter on Tuesday, helped by higher political advertising revenue ...
Lowe's 4Q net income tops expectations
Home improvement retailer Lowe's Cos. credits cleanup efforts after Superstorm Sandy and its new pricing strategy for fourth-quarter earnings that ...
Schilling's bloody sock from WS goes for $92,613
A bloody sock worn by Curt Schilling while pitching for the Boston Red Sox in Game 2 of the 2004 World Series against the St. Louis Cardinals was sold ...
Judge blocks shareholder vote on Apple proposal
A federal judge is blocking Apple from conducting a shareholder vote on a package of governance proposals, handing a victory to a rebel investor who ...
Dow bounces from 2-day slide to a 3-digit gain
Strong earnings from big U.S. companies pushed the Dow Jones industrial average to a rare triple-digit gain Friday, but the S&P 500 index still posted ...
Olive Garden owner Darden warns on 3rd quarter
Darden Restaurants, struggling to draw more customers into its Olive Garden and Red Lobster restaurants, predicted a third-quarter profit Friday that ...
Volkswagen earnings up 41 percent in 2012
German automaker Volkswagen AG said Friday its net profit increased 41 percent for 2012, but earnings fell a little short of analysts' expectations ...
Job cut costs swell 2012 loss at Air France-KLM
Costs associated with cutting jobs, higher fuel prices and weakness in Europe have combined to swell losses at airline Air France-KLM. The Paris-based ...
Nordstrom 4th-quarter net income rises
Nordstrom posted a 20 percent increase in fourth-quarter net income as high-end shoppers kept spending on clothing and makeup, and customers responded ...