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Samsung’s quarterly profit climbs 89%

Business & Finance : Business Report

Samsung Electronics boosted quarterly profit by 89 percent as its Galaxy smartphones fended off competition from Apple’s iPhone 5. ||| Samsung Electronics boosted quarterly profit by 89 percent as its Galaxy smartphones fended off c...

Morgan Stanley’s profit climbs

Business & Finance : Business Report

Morgan Stanley says that second-quarter earnings beat analysts' expectations, fuelled by gains in its investment bank. ||| New York - Morgan Stanley says that second-quarter earnings beat analysts' expectations, fuelled by gains in ...

Wells Fargo first-quarter profit falls slightly as revenue climbs

Business & Finance : Money & Co

Wells Fargo & Co. said Tuesday that its first-quarter earnings fell slightly from the same period a year earlier. The bank got a boost from increased mortgage lending, but a key measure of its profitability declined in the quarter.

Google revenue hits $50 billion

Business & Finance : Business Report

Google reported that its profit climbed and its annual revenue hit an unprecedented high last year. ||| Google reported Tuesday that its profit climbed and its annual revenue hit an unprecedented high last year as it evolved to stay...

China Search Leader Baidu’s Profit Climbs 27% As Mobile Traffic Passes PC

Business & Finance : China Wealth

Gains in mobile search business helped to boost net profit at China’s online search leader Baidu in the third quarter, the company said today. Net profit rose by 27% from a year earlier to $631 million.  Revenue climbed by 52% to $2...

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