Posts Tagged ‘profit’

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

Facebook’s quarterly earnings to be released this week

Nathan Andrada – Fourth Estate Cooperative Contributor New York, NY, United States (4E) – In its first quarterly earnings reports since its public listing two months ago, social media Facebook is expected to post disappointing numbers. The announcement on the company’s performance this week follows one of the most highly anticipated initial public offerings in […]

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. […]

U.S. Treasury should make $15 billion profit on AIG bailout

Linda Young – AHN News Writer Washington, D.C., United States (AHN) – The U.S. government will likely make a $ 15.1 billion profit from bailing out insurance giant American International Group Inc., according to a congressional watchdog panel’s report. The Government Accountability Office report came out on Monday. The GAO said the size of the […]

Bank of America sees profits drop

Bank of America Corp. saw its first-quarter profit drop to $ 653 million, compared to a profit of $ 2 billion for the same period last year. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Gold and silver sink on profit taking, Bernanke comments

Gold and silver prices plummeted in afternoon trading Wednesday on heavy profit taking and remarks from Fed Chairman Ben Bernanke. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

U.S. insurance giant AIG has profit boosted by tax benefit

American International Group Inc. reported a profit of $ 19.8 billion for the fourth quarter of 2011, which was made possible by a large tax benefit the bailed-out insurer had after predicting it can keep generating profits in coming years. Article © AHN – All Rights Reserved Economy, Business And Finance Stories

Wal-Mart reports more sales but lower Q4 profits

Linda Young – AHN News Writer New York, NY, United States (AHN) – Wal-Mart reported lower profits for the fourth quarter of 2011 despite an increase in sales. Fiscal fourth-quarter profit for Wal-Mart dropped by 15 percent and caused stock shares to drop 4 percent in trading. The world’s largest retailer reported sales rose by […]

CFD Trading and Stock Trading Face-Off

CFD Trading and Stock Trading Face-Off Article by Steve H A trader faces the same recurring question when he has investment alternatives to choose from. Which is better between the two- CFD trading or stock trading?There are no strict conventions to it as both stocks and CFDs have their features that make them better or […]