Posts Tagged ‘percent’

Yahoo’s stock plummets 10 percent from last week

Jerimiah Yap – Fourth Estate Cooperative Writer San Francisco, CA, United States (4E) – Yahoo experienced a 10 percent drop in its stock price this week — many attributing it to unhappy shareholder experience with regards to newly hired chief executive officer Marissa Mayer’s decision not to hand out dividends in the company’s sale of […]

Groupon misses analysts’ estimates

Popular online deal website Groupon missed analysts’ expectations in its second quarter report despite posting a revenue of $ 568.9 million — 45 percent higher than their year-over-year. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Washington Post’s profit dipped in second quarter

Jerimiah Yap – Fourth Estate Cooperative Writer New York, NY, United States (4E) – Publishing group Washington Post Co. reported a 29 percent profit loss in the second quarter. During the same period last year, Washington Post’s share was valued at $ 47.6 million or $ 6 a share. That value dropped in the second […]

PepsiCo’s Philippine unit posts 436% profit jump in 1st half of 2012

Beverage giant PepsiCo’s Philippine unit has posted a 436 percent jump in its first semester profit. Pepsi-Cola Products Philippines Inc. (PCPPI) earned $ 13.76 million during the period from $ 2.56 million last year, according to its filing with the Philippine Stock Exchange. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Zynga earnings fails to impress, drags down Facebook ahead of report

Zynga posted second-quarter financial results that significantly missed analysts’ estimates, which resulted for the company’s stock to fall by more than 40 percent in early after hours trade. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Facebook expects to report second quarter losses

With other tech companies like Microsoft and Yahoo posting second quarter losses, Facebook is expected to share the same fate. Facebook’s shares may have gained by 3.6 percent on Wednesday to $ 29.11, but since it announced its initial public offering in May, it has dropped by 23 percent. Article © AHN – All Rights […]

Stocks bounce back in Europe, Asia and the US

Jerimiah Yap – Fourth Estate Cooperative Writer London, United Kingdom (4E) – WIth the way the stock market bounced back the past two days, it seems Europe is on its way to recovery. For the second consecutive day, European stocks gained and companies posted earnings. The Stoxx Europe 600 Index climbed to 0.4 percent from […]

JP Morgan Q2 earnings down by 8.7 percent

JP Morgan Chase’s second quarter revenue fell by 17 per cent that saw its quarterly earnings decline by 8.7 per cent at $ 4.96bn, which was slightly lower than the previous quarter. The eagerly anticipated quarterly profit announcement comes at the back of news of a $ 4.4bn trading loss by the bank’s London offices. […]

Retail Health Clinics Expanding

In 2009 the Rand Corp. compared care and costs for treating three common illnesses in different settings. In that study, retail clinics cost at least 30 percent less than physicians’ offices, urgent care centers and emergency departments, while the quality of care was at least as good. Article © AHN – All Rights Reserved Economy, Business […]

Egypt’s new president faces lengthy economic agenda

The Media Line Staff Cairo, Egypt David Rosenberg (The Medi – Egypt’s new president, Mohamed Morsi, could take some pleasure in seeing the Egyptian Stock Exchange rise in the days after the news of his election victory became known. The Egyptian Stock Exchange posted a power rally, with its EGX 30 index tacking on 11 […]