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Nakilat Ends H12017 with Net Profit of USD 112 mln

Qatar Gas Transport Company (known as “Nakilat”, which means carriers in Arabic) recorded its financial results for the first half of the year ended 30 June 2017 with a net profit of QR 409 million (USD 112 mln) compared to QR 501 million (USD 137mln) of the same period last year in 2016.

After Strong Quarter, Schlumberger Aims To Leverage Recovery In North America

Schlumberger, the world’s largest oilfield services company, released a strong set of June quarter 2017 financial results on July 21, exceeding consensus expectations for both revenue and earnings by a notable margin.

Why did Deutsche Bank give Donald Trump loans when no one else would trust him?

``The activity Deutsche Bank engaged in that resulted in over $600 million of fines was borne out of the bank's desire to move $10 billion out of Russia -- in what one regulator said were transactions "highly suggestive of financial crime.".. Show More Summary

ETrade: How Does a Billion-Dollar Buyback Sound?

ETrade Financial (ETFC) shares have jumped nearly 4% after it announced better-than-expected quarterly results and a $1 billion buyback program. Its stock recently traded at around $41.48. The brokerage firm reported earnings-per-share of $0.74, which included a loan loss provision of $0.22. Show More Summary

T-Mobile can’t stop making money

T-Mobile, the little magenta phone company that could, isn't so little any more. On Wednesday, it posted yet another stellar set of quarterly results, blowing away analyst estimates on the financial side. But far more importantly, it...Show More Summary

So, how's Sports Direct doing now it's bought a chunk of GAME?

A week ago, controversial retailer Sports Direct announced it had snapped up a quarter of GAME. Today, Sports Direct published its latest financial results. It wasn't good news. Sports Direct profits fell by almost 60 per cent over the past year from £275m to £113m, BBC News reported. Read more…

IBM’s sales have been sliding for 5 years. It’s optimistic anyway.

5 days agoTechnology : Post Tech

IBM announced its financial results for the second quarter on Wednesday and it's safe to say the company has had happier statements. Year-over-year sales declined for the 21st consecutive quarter, off by more than 4 percent from analysts' forecasts. For the three-month period ending, revenue were down 4.7 percent to $19.3 billion compared to a year […]

S&P 500, NASDAQ HIT RECORD-HIGHS: Here's what you need to know

Stocks ended Tuesday's trading day mixed, with the tech-heavy Nasdaq leading the way and the Dow Jones industrial average lagging. Financials slumped after concerning results from quarterly earnings from two major players, which Netflix...Show More Summary

FedEx still working on recovery from cyberattack at TNT unit

(AP) — FedEx Corp. says it is still working to recover from a cyberattack that hit its European TNT Express unit, and the incident could have a material impact on its financial results. FedEx said in a regulatory filing that the June 27 attack was causing lost revenue and higher costs for Netherlands-based TNT, which FedEx bought for $4.8 billion last year.

Wells Fargo shares fall on mixed financial results

Investors send Wells Fargo shares lower despite income rise, lower budget forecast for accounts scandal        

Public housing furore reflects true cost of tram

Is Canberra in financial strife as a result of the light rail project? Recent big-ticket cancellations like that of the planned convention centre, confusion about whether a new sports stadium will be built and then the Government’s initial refusal to fund SHOUT a trifling $110,000 raise concerns that the ‘progressive’ development of our city is […]

Senator Patrick Toomey Tells Washington Post He Doesn't Know What a Financial Crisis Is

Senator Toomey is apparently too young to remember the financial crisis that resulted from the collapse of the housing bubble. He told the Washington Post that he thinks Medicare cost increases will lead to a financial crisis: "'It’s a guaranteed financial crisis if we don’t do something about our entitlement programs,' said Sen. Show More Summary

Here's When Video Game Companies Will Release Second Quarter Earnings Results

Stocks move with a lot more volatility before and after earnings releases. It is important to know when a stock you own, or potentially want to invest in, reports their financial results. I have provided a wide range of companies that have their hands in the video game industry. Show More Summary

'If the EU determines over time that they want to move a lot more jobs out of London into the EU, they can simply dictate that'

LONDON – European Union authorities will be able to "dictate" to banks to move jobs out of London if the UK loses its financial passporting rights as a result of Brexit, JPMorgan CEO Jamie Dimon said. "If the EU determines over timeShow More Summary

Microsoft to release quarterly earnings next week

Microsoft has announced that they will publish fiscal year 2017 fourth-quarter financial results after the close of the market next week on Thursday, July 20, 2017. Microsoft is expecting continued annuity growth and healthy renewals as customers adopt their growing portfolio of commercial cloud services. Show More Summary

Maersk Says Too Early to Predict Financial Impact of Cyber Attack

SHANGHAI, July 7 (Reuters) – Maersk on Friday said it was too early to predict the financial impact on its second- and third-quarter results from a cyber attack that caused computer outages across the world. The company will be addressing...Show More Summary

Capital inflows: The good, the bad, and the bubbly

Partly as a result of the Global Crisis, assessments of capital inflows and their impact on market efficiency and technology transfer have begun to take into account their association with financial crises. This column argues that the riskiness of inflows depends on the type of lender and its currency denomination. Show More Summary

America's Pension Bomb: Illinois Is Just the Start

We've written quite a bit over the past couple of months about the pending financial crisis in Illinois which will inevitability result in the state's debt being downgraded to "junk" at some point in the near future (here is our latest...Show More Summary

Sandwichman in the FT

Financial Times: "The minimum wage wars are heating up: A new study fails to prove its claim that Seattle wage floor hurts workers" by Martin Sandbu, at Free Lunch on FT AlphavilleFirst, the numerical result struggles to pass an intuitive “smell test”. Show More Summary

GAME blames deep-rooted financial issues on Nintendo's lack of Switch stock

UK retailer GAME has warned investors to expect another dismal set of financial results, after previously pinning hopes on the launch of Nintendo Switch to save its 12-month totals. GAME now expects its profit for the year to be "substantially below previous expectations" (thanks, GamesIndustry.biz). Show More Summary

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