Technology

Amazon has quietly launched an exclusive line of over-the-counter health products

The products could spark a price war and put pressure on other store-brand profit margins.

Business

Walmart profit drops, online sales growth slows in holiday quarter

NEW YORK (Reuters) - U.S. retailer Walmart Inc on Tuesday reported a lower-than-expected quarterly profit and posted a sharp drop in online sales growth during the critical holiday period, sending its shares tumbling more than 9 percent.

Finance

Medtronic's quarterly profit meets expectations

Medtronic reported earnings in-line with analysts' estimates, as sales across all its units, except the minimally invasive therapies business, grew.

World

Higher traffic propels Home Depot (HD)

Joe Raedle/Getty Home Depot beat on the top and bottom lines. Same-store sales topped estimates, but guidance disappointed. The company raised its quarterly dividend by 15.7% to $1.03 a share. (Reuters) - Home Depot Inc's quarterly profit beat market e

Business

Home Depot's profit and sales tops expectations on higher traffic

(Reuters) - Home Depot Inc's quarterly profit beat market estimates for the sixth straight quarter as the No.1 U.S. home improvement chain drew in more shoppers who spent more on average amid an improving housing market.

Business

BHP Willing to Talk About Activist's Overhaul Plan

BHP Billiton, its net profit off 37%, signaled it may be willing to yield to activist investor Elliott Management’s latest assault on its corporate structure, even as it lifted its dividend 38%.

Business

HSBC profit disappoints as CEO Gulliver bows out

HONG KONG/LONDON (Reuters) - HSBC Holdings reported a smaller than expected rise in annual profits and unveiled plans to raise up to $7 billion to bolster its capital, as CEO Stuart Gulliver hands over to a new leadership team on Tuesday.

Business

BHP Billiton's half year profit jumps 25%

The miner forecasts rising cash flows and hands an extra $800m to shareholders

Business

Fidessa soars as it looks to profit from strict EU market rules 

Trading software firm Fidessa was the biggest riser on the FTSE 250 on Monday as it vowed to cash in on a major piece of EU legislation shaking up the City.

Business

Nurofen owner Reckitt misses profit forecast amid tough trading

Consumer goods group blames difficulties in developed markets and rising commodity costsReckitt Benckiser, the owner of brands including Durex and Nurofen, missed its 2017 profit expectations and said tough trading in developed markets and rising commodit

Business

William Hill set for return to profit growth after online overhaul

Improved online betting features and some favourable sporting results are likely to help bookmaker William Hill return to profit growth this week.

World

Alabama police want to profit from innocent people

An Alabama sheriff and prosecutor defended the disturbing practice of civil asset forfeiture

Business

RBS looks to be in the money – but looming fine may put paid to that

The bank’s reporting a profit for the first time in 10 years but its troubles aren’t over – and it’s not the only one in difficultyThis week should be a landmark for Royal Bank of Scotland. The publication of its annual results on Friday should ma

Politics

Paul Manafort Accused Of Bank Fraud In New Mueller Court Documents

He submitted "doctored profit statements" for mortgage to secure bail, say prosecutors.

Business

CBS Revenue Up 11% on Higher Fees for Content

CBS Corp.’s revenue rose 11% as it pulled in more money from pay-TV distributors, content licensing and its own direct-to-consumer streaming services.

Top News

CBS tops estimates as licensing business grows

(Reuters) - CBS Corp topped Wall Street's quarterly revenue and profit estimates on Thursday as U.S. and international distributors licensed more of its shows.

Top News

Sears to post a surprise profit thanks to tax reform

Sears says sales plunged in the fourth quarter that included the holiday shopping season, but tax reform will result in a rare profit.

Shopping

Sears' sales fall, but company expects to post a profit

Sears said same-store sales fell 15.6 percent during the fourth quarter of fiscal 2017, but it also expects to post a profit.

Business

Laura Ashley issues profit warning citing Brexit-hit pound

Pre-tax profit fell 45 per cent to £4.3m during the six-month period to the end of December

Business

Laura Ashley shares plunge 26% on profit warning

The retailer reports disappointing sales figures for the Christmas trading period.

Europe

Credit Agricole Q4 net profits climb despite one-time tax hit

France's Credit Agricole reported a 33 percent jump in quarterly profit.

Technology

Here's How You Can Profit From Major Cyberattacks

Cyberattacks are a growing risk for companies, but some investors are trying to turn them into a money making opportunity.

Technology

China's Baidu tops revenue and profit estimates, shares rise

(Reuters) - China's Baidu Inc reported on Tuesday quarterly profit and revenue that beat analysts' estimates, powered by strong performances of its search and newsfeed services.

Business

UK's biggest car dealer to focus on used ​vehicles as profits dive

Pendragon, trading as Evans Halshaw and Stratstone, is also selling some of its dealershipsBritain’s biggest car dealer is switching its focus to the used market, after a slump in sales of new vehicles dragged down its annual profits by a fifth.Pendrago

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