VeriFone sees third quarter sales below estimates, shares fall
- VeriFone Systems Inc reported a modestly better-than-expected quarterly profit, as its acquisition of Hypercom boosted sales, but the maker of credit card swipe machines forecast third-quarter revenue below analysts' estimates.
Uniqa net profit rises 13.8 percent
VIENNA - First-quarter net profit at Austrian insurer Uniqa rose 13.8 percent to 30.4 million euros ($38.3 million), it said on Friday, giving no outlook for 2012.
Mentor Graphics profit beats; raises profit view
- Chip-design software maker Mentor Graphics Corp reported a profit above market estimates for the seventh straight quarter, helped by high demand for its latest software, and the company raised its full-year earnings forecast.
Raiffeisen Bank International first quarter profit beats expectations
VIENNA - Raiffeisen Bank International's first-quarter profit blew past market expectations as risk provisions unexpectedly fell and it booked one-off gains, emerging Europe's number three lender said on Thursday.
Analysts back Hewlett Packard's layoff plans
- Analysts said Hewlett Packard Co's plan to cut jobs was a step in the right direction but the PC maker will have to do more to regain investors' confidence. | Video
Cape profits to suffer Algeria LNG project loss
- Industrial services provider Cape Plc is to take a charge for losses on an LNG project in Algeria that will hit profit for the year.
Costco 3rd-quarter profit tops expectations
- Costco Wholesale Corp posted higher quarterly profit on Thursday, helped by an 8 percent increase in net sales and a lower tax rate, sparking a jump in shares.
BlackBerry stock falls after sales chief resigns
TORONTO - Shares in Research In Motion Ltd fell more than 3 percent on Thursday morning after the BlackBerry maker said its global sales chief had resigned.
Severstal upbeat after first quarter beats forecast
MOSCOW - Severstal , Russia's second-largest steel producer, said fundamentals in the global market had improved despite ongoing volatility, echoing recent comment from peers as it reported quarterly net profit that beat forecasts.
Toro 2nd-quarter beats estimates, ups outlook
- Outdoor maintenance equipment maker Toro Co reported better-than-expected quarterly results on higher sales in its residential segment, and raised its full-year outlook.
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