The Latest: Net migration into UK from EU at near-decade low

The Latest on Brexit negotiations (all times local): Continue Reading Below 2:30 p.m. Official figures show that net migration into Britain from the other 27 European Union countries has fallen to near-decade lows, suggesting that Brexit uncertainty is making the country a less attractive place to work. The Office for National Statistics said Thursday that though the number of EU […]

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Colgate-Palmolive Q4 Results Beat View; Sees Lower Earnings In FY19

Colgate-Palmolive Co. (CL) on Friday reported a nearly 88 percent surge in profit for the fourth quarter from last year, as a decline in sales was more than offset by higher one-time charges in the year-ago period. Both, revenue and adjusted earnings per share beat analysts’ expectations. Looking ahead, the company projects a decline in earnings for fiscal 2019. The […]

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Netflix Earnings Tops Wall Street, But Revenues Fall Short

Online-video streaming service Netflix Inc. (NFLX), Thursday reported a fourth-quarter profit that dropped from last year, as subscriber additions came in below expectations. Earnings for the quarter trumped Wall Street estimates, but revenues fell short. Netflix added 8.84 million subscribers globally in the quarter, falling short of its forecast of 9.40 million, to end the quarter with 139.26 million subscribers. […]

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Colgate-Palmolive Q4 Results Beat View; Sees Lower Earnings In FY19

Colgate-Palmolive Co. (CL) on Friday reported a nearly 88 percent surge in profit for the fourth quarter from last year, as a decline in sales was more than offset by higher one-time charges in the year-ago period. Both, revenue and adjusted earnings per share beat analysts’ expectations. Looking ahead, the company projects a decline in earnings for fiscal 2019. The […]

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Exxon Mobil, Chevron Shares Rise As Q3 Profits Beat Estimates

Oil majors Exxon Mobil Corp. (XOM) and Chevron Corp. (CVX) on Friday reported sharp increase in third-quarter profits from last year on strong revenue growth that reflected higher crude oil prices. Exxon Mobil’s revenues and adjusted earnings as well as Chevron’s earnings beat analysts’ expectations, while Chevron’s revenues missed their estimates. Shares of both companies are rising in pre-market activity. […]

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MRF net slips 12.29% on rising material cost

Board approves reappointment of K.M. Mammen as MD Tyre maker MRF has reported a 12.29% drop in its standalone net profit for the second quarter ended September 2018 at ₹263.04 crore against ₹299.92 crore due to increase in raw material costs. Total income grew by 9.41% to ₹4,004.85 crore against ₹3,660.22 crore registered for the corresponding year-ago period. Materials cost, […]

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Supreme Court rejects net neutrality appeal

The Supreme Court has ended the court fight over repealed Obama-era "net neutrality" rules that required internet providers to treat all online traffic equally. Continue Reading Below The court on Monday rejected appeals from the telecommunications industry seeking to throw out a lower court ruling in favor of the "net neutrality" rules. The Federal Communications Commission under President Donald Trump […]

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ITC Q2 net profit up 12% to Rs 2,955 crore

Total income during the reported quarter stood at Rs 11,776.63 crore as against Rs 10,258.13 crore in the year-ago period Diversified group ITC Friday reported 11.92 per cent rise in standalone net profit at Rs 2,954.67 crore for the second quarter ended September 30, led by strong performance across segments like cigarettes FMCG, and agribusiness. The company had posted a […]

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TVS Motor posts flat net

Revenue grows by 21.9% to ₹4,994.21 cr. in second quarter TVS Motor Company reported a lower profit after tax (PAT) of ₹211.3 crore for the second quarter ended September, 2018, down from ₹ 213.2 crore in the same quarter the previous year. The company said its revenue had grown by 21.9% during the quarter under review at ₹4,994.21 crore, up […]

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