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Net earnings came it at $2.5bn (£1.5bn) between July and September, a drop of 44% on the $4.5bn recorded in the same period a year earlier. Revenue fell to $37.8bn, down 20% on the $47.2bn recorded a year ago. The firm, seen as a barometer of US economic...
Tags: General Electric Co., quarter profits, GE Capital, wall street, revenues fell, quarter earnings, ge profits
Stocks rose 0.2 per cent on Friday, as optimism about corporate earnings outlook drew investors after a spate of results beat market expectations. Outsourcer Infosys Technologies and top power-equipment maker Bharat Heavy Electricals were among the major...
Tags: Vodafone, National Stock Exchange’s Nifty, revenues fell, South Africa
The government's revenue fell 8.3 percent from a year earlier in the first quarter, as the economic downturn hurt corporate profits and recent tax cuts took effect. Revenue dropped to 1.46 trillion yuan in the first three months, 132.9 billion yuan less...
Tags: China Business News, China Post, fiscal revenues, revenues fell, revenues dropped, trillion yuan, billion yuan, Ministry of Finance
February 16, 2009, 23:34 Beijing: Foreign direct investment in China declined for a fourth month in January as companies cut back on spending to weather the global financial crisis. Investment fell 32.6 per cent to $7.58 billion (Dh27.8 billion) from...
Tags: South China Morning Post, direct investment, foreign direct, China Economic Review, Global Financial Crisis, United States, Ministry of Commerce, FDI, revenues fell
Debt-heavy Tribune Co. , hurt by negative industry conditions, restructuring charges and a steep rise in interest costs, disclosed Monday that it swung to a big loss in the third quarter. The closely held media holding company had a net loss of $121.6...
Tags: Debt-heavy Tribune Co., Hospitality Properties, revenues fell, FFO, Chicago Cubs
Total revenue fell 16 percent to $167.8 million, Sacramento, Calif.-based McClatchy said Wednesday in a statement...Revenue at the company's Florida operations fell 24.8 percent to $18.5 million.
Tags: McClatchy Co., revenues fell, advertising revenues, online advertising