Reliance Industries second quarter profit up 7 percent, lags estimates
Friday, 13 October 2017 (Reuters) - Indian oil-to-telecoms conglomerate Reliance Industries Ltd posted a 7.3 percent rise in its second-quarter standalone net profit, buoyed by higher margins from its core refining and petrochemical businesses.
Mumbai, Oct 04 (ANI): The Reserve Bank of India in its bi-monthly monetary policy review announced that it will not change key rates. The repo rate will remain unchanged at 6 percent and the reverse repo rate will remain at 5.75 percent. RBI Governor Urjit Patel said that inflation is expected to...
NEW YORK (Reuters) - Target Corp (TGT.N) missed profit estimates for the holiday quarter on Tuesday as it invested to compete better online and in its stores and its financial outlook disappointed some.. Source: Wochit -
NEW YORK (Reuters) - Target Corp’s (TGT.N) reported profit in the holiday quarter that fell short of analyst estimates even as sales beat forecasts, sending its shares down 2 percent in premarket.. Source: Wochit Business -
U.S. economic growth slowed slightly more than initially thought in the fourth quarter after the strongest pace of consumer spending in three years depleted inventories and drew in imports as.. Source: Wochit Business -
Walmart on Tuesday reported a lower-than-expected quarterly profit. The company posted a sharp drop in online sales growth during the critical holiday period, which sent its shares tumbling more than.. Source: Wochit Business -
On Thursday CBS reported a 85.2 percent drop in quarterly profit, largely due to a $129 million charge related to the recent changes in the U.S. tax law. The owner of the most watched U.S. television.. Source: Wochit Business -
Twitter surprised everyone with revenue turnaround on thursday. The social media platform delivered its first quarterly profit and an unexpected return to revenue growth. The turnaround was helped by.. Source: Wochit Business -
Rupert Murdoch-controlled Twenty-First Century Fox Inc’s quarterly profit and revenue trounced analysts’ estimates on Wednesday, driven by higher sales in its cable and satellite companies. Shares.. Source: Wochit Business -
Snap soars over 20%, ahead of IPO price, on strong earnings beat Shares of the stock soared 28 percent after their fourth-quarter earnings report. Snap revenue was $285.7 million versus the $252.9.. Source: Wibbitz Studio -