Bristol-Myers third-quarter net income up 4.2 percent to 721m dollars
New York City-based Bristol-Myers Squibb posted a third-quarter net income of $721 million (43 cents per share), which was 4.2% up on the $692...
Canada closer to becoming yuan hub
Canada is moving closer to becoming a yuan hub, which will facilitate trade between the loonie (Canadian dollar) and China’s currency, according to the...
UK faces 1.7 billion pound penalty for economic success by EU
The UK’s economic success comes at a price, as far as the European Union is concerned. Britain has been told by the EU that...
UK GDP growth slows to 0.7% in third quarter
UK GDP growth in the third quarter slowed to 0.7%, which translates into an annual increase of 3%, according to data published on Friday...
Amazon loss jumps from 41m to 437m dollars
American electronic commerce giant Amazon posted a third-quarter loss of $437 million, which dwarfed its $41 million loss in Q3 2013. The online retailer...
Sears closing more than 100 stores before Christmas, says Seeking Alpha
According to investment website Seeking Alpha, Sears Holding Corp. is closing more than 100 stores and laying off over 5,457 employees before Christmas. Stores...
Rogers posts 28 percent slump in 3rd quarter profit
Canadian communications and media company Rogers Communications Inc. posted a 28% fall in profit for the third quarter. It reported net income of $332...
Nokia makes a profit, beating analysts’ expectations
Nokia Oyj posted a third quarter net profit of €747 million compared to a €91 million loss in Q3 2013, beating all analysts’ expectations....
Caterpillar posts strong third quarter results
Caterpillar pleased investors after posting a third quarter net profit of $1.1 billion ($1.63 per share) compared to $946 million ($1.45 per share) in...
UK exports decline may undermine manufacturing growth, warns CBI
While growing during the three-month period ending in October 2014, the UK manufacturing’s pace of expansion slowed as new export orders weakened, according to...