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  • July 29, 2014
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  1. Business - Money - EARNINGS

    Profit outlook dims for mainland China firms traded in the US market

    Posted Jul 01st 2014, 04:05am by Bloomberg

    ... Bloomberg in New York Outlook dims over China slowdown The most actively traded mainland companies in the United States are on track to report the smallest profits in two years as growth in the world's second-largest economy decelerates to the slowest pace since 1990. Analysts covering stocks listed on the Bloomberg China-US Equity Index estimate that on average they will post earnings ...

    http://www.scmp.com/business/money/markets-investing/article/1543911/profit-outlook-dims-mainland-china-firms-traded-us
  2. Business - Companies - EARNINGS

    Facebook beats targets with 61pc boost in second-quarter revenue

    Posted Jul 25th 2014, 01:35am by Reuters

    ... Sandberg said. Investors bid up shares of Facebook past US$75 in after-hours trading on Wednesday. The share gains gave the ffirm a valuation of about US$190 billion, putting it on par with IBM. ...

    http://www.scmp.com/business/companies/article/1558531/facebook-beats-targets-61pc-boost-second-quarter-revenue
  3. Business - Companies - EARNINGS

    Google's second-quarter revenue tops estimates on robust ad sales

    Posted Jul 19th 2014, 01:58am by BLOOM

    ... the stock a buy. "It was a very good quarter," he added. Google shares climbed as much as 3 per cent in extended trading. Net income, including from Motorola Mobility, which is being sold ...

    http://www.scmp.com/business/companies/article/1556529/googles-second-quarter-revenue-tops-estimates-robust-ad-sales
  4. Business - Companies - EARNINGS

    Fast Retailing cuts 2014 profit forecast

    Posted Jul 11th 2014, 01:31am by BLOOM

    ... demand. Retail sales dropped 4.3 per cent in April from a year earlier, easing to a 0.4 per cent decline in May, according to data from Japan's Ministry of Economy, Trade and Industry. Costs ...

    http://www.scmp.com/business/companies/article/1551432/fast-retailing-cuts-2014-profit-forecast
  5. Business - Commodities - EARNINGS

    Trafigura profit boosted by rise in commodity demand

    Posted Jun 17th 2014, 05:13am by Reuters

    ... Reuters in Singapore Trading firm sees first-half net grow by 24pc and expects volume increases to continue Trafigura profit boosted by rise in commodity demand Commodity trading giant ... the third-largest oil trader after Swiss rivals Vitol and Glencore, posted a profit of US$469.7 million in the six months to March this year, the company said in its interim profit report. Trading volumes ...

    http://www.scmp.com/business/commodities/article/1534306/trafigura-profit-boosted-rise-commodity-demand
  6. Business - Money - EARNINGS

    HKEx shareholders benefit from commodities and new listings

    Posted May 09th 2014, 01:14am by Enoch Yiu

    ... Enoch Yiu enoch.yiu@scmp.com First-quarter profit boost comes amid doubling in IPOs and 7pc rise in take from metals trading HKEx benefits from commodities and new listings Hong Kong ... by rising fee income from commodities trading and an increase in the number of new listings. The exchange yesterday said profit for the three months to March stood at HK$1.18 billion, up from ...

    http://www.scmp.com/business/money/markets-investing/article/1507870/hkex-shareholders-benefit-commodities-and-new
  7. Business - Banking & Finance - EARNINGS

    Credit Suisse misses estimates with 34pc profit fall

    Posted Apr 17th 2014, 01:09am by BLOOM

    ... said. Credit Suisse tumbled in Swiss trading after earnings missed the 1.09 billion franc estimate of seven analysts surveyed. Chief executive Brady Dougan last year split up divisions into businesses that he wants to keep and those that he plans to sell or run down. Earnings in the quarter suffered from a decline in revenue from debt trading that also weighed on profit at JP Morgan ...

    http://www.scmp.com/business/banking-finance/article/1484839/credit-suisse-misses-estimates-34pc-profit-fall
  8. Business - China Business - EARNINGS

    Shanghai Industrial net profit drops 21.5pc

    Posted Apr 01st 2014, 01:20am by Toh Han Shih

    ... rose 17.2 per cent last year. Revenue grew 11.8 per cent to HK$21.57 billion. "The Shanghai free-trade zone will provide advantages to our company," Wang said. Shanghai Industrial ...

    http://www.scmp.com/business/china-business/article/1462053/shanghai-industrial-net-profit-drops-215pc
  9. Business - Companies - EARNINGS

    Li & Fung profit soars as brand spin-off eyed

    Posted Mar 21st 2014, 01:04am by TIFFANY AP

    ... Tiffany Ap tiffany.ap@scmp.com Trader to create new company to house its licensee brands Li & fung profit soars amid spin-off plans Global trading group Li & Fung said operating ... said. "With the new acquisition, we will now be firmly in the freight forwarding business. If you look historically, our core business is trading. "There's a huge synergy ...

    http://www.scmp.com/business/companies/article/1453477/li-fung-profit-soars-brand-spin-eyed
  10. Business - Companies - EARNINGS

    Aluminium producer Rusal posts US$3.2b loss

    Posted Mar 29th 2014, 01:13am by Reuters

    ... the company said yesterday. Revenue fell 10.4 per cent to US$9.76 billion. Aluminium prices are trading around their lowest levels in more than four years amid global oversupply that has pushed stocks ...

    http://www.scmp.com/business/companies/article/1459904/aluminium-producer-rusal-posts-us32b-loss

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