Philip Chua Business Blog

Posts Tagged ‘profit’

The dollar had an excellent week, its best since January. The US currency rose 2% or more against every major currency except the Canadian Dollar; against the loonie it gained only 1.8%. Several factors sent the dollar soaring: end of the year profit taking and position squaring; sovereign debt concerns…

Tiffany & Co. says its third-quarter profit dipped partly on weaker domestic sales as shoppers continued to curb their discretionary spending.

Tiffany & Co – Sports – Quarter Horse – Equestrian – Breeds

J.M. Smucker Co.’s acquisition of Folgers Coffee Co. continues to pay off for the jam maker, helping to more than double its fiscal second-quarter profit, as consumers continue to turn to the company’s well-known brands and eat at home more during the recession.

J.M. Smucker Co – Folgers – Beverages – Business – Food

ST Engineering
Nov 5 close: S$2.97
DBS GROUP RESEARCH, Nov 4

THIRD quarter 2009 revenue of S$1.35 billion (down 2 per cent year-on-year, 4 per cent quarter-on-quarter) and net profit of S$120 million (down 7 per cent y-o-y, up 11 per cent q-o-q) were in line, and nine-months 2009 net profit of S$314 million equates to 74 per cent of our full year projections.
Q3 2009 pre-tax profit of S$149 … more

Warren Buffett’s company said that its third-quarter profit tripled as the improving economy and stock market boosted the value of Berkshire Hathaway’s derivative contracts.

IT’S earnings season and most of the focus rightly is on the financial numbers reported by companies.
So far, the figures haven’t been bad. At the end of last week, the combined net profit of $693.4 million for the 21 Singapore Exchange-listed companies that have filed results for Q3 2009 was a 24.6 per cent increase over the same period last year. Of the 21 companies, 13 reported higher profits … more

Microsoft Corp smashed Wall Street’s profit and sales expectations on Friday, sending its shares up 9 percent.

Refiners are shutting down plants, a combination of little demand and rising crude prices that wipe out profit margins.

BUMPER profit numbers from Apple sent regional stock markets rolling yesterday, although the local bourse lost its enthusiasm half way through the day.
The Straits Times Index was up by 17 points at one stage, but traders took advantage of the higher prices to cash in.
The sell-off sent the STI easing back to close virtually unchanged, 0.61 points lower at 2,711.09, while other regional bourses we… more

INVESTORS were in a holding pattern yesterday, keeping their powder dry until the deluge of profit results from America’s corporate giants lands on the market later this week.
The signals from the United States last week were mixed and the flat market yesterday mirrored the lack of investor direction.
Big gun banks Goldman Sachs and JPMorgan Chase easily surpassed expectations early last week, but… more