Morgan Stanley
India | Thursday, 21 August 2008

Profit Articles

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1. HP posts 3Q profit jump; faces stiff competition
Hewlett-Packard Co. weathered economic turbulence remarkably well in the fiscal third quarter but the technology bellwether faces another big challenge — stiffer personal-computer competition — that threatens to slow its steady growth.
20 Aug 2008
2. ITC Q1 net profit drops 4.4 percent on excise duty hike on cigarettes, outlook positive
India's top cigarette maker, ITC Ltd has reported 4.4 percent decline in net profit for the quarter ended June 30, 2008, attributing it to increase in excise duties on cigarettes.
07 Aug 2008
3. Lenovo says quarterly profits up 65 percent
Lenovo Group Ltd., the world's No. 4 PC maker, said Thursday its quarterly profit rose 65 percent as strong sales in China and emerging economies offset weakness in the United States.
07 Aug 2008
4. Videocon Industries net profit rises 4 percent in Q3, eyes business expansion
India's largest consumer electronics and home appliance maker, Videocon Industries has reported 4.1 percent rise in net profit in the quarter ended June 30, 2008.
07 Aug 2008
5. NALCO Q1 net profit rises 17.6 percent, outlook bright
India's second largest aluminium producer, state-run National Aluminium Company Limited (NALCO) has reported 17.6 percent jump in net profit for the quarter ended June 30, 2008.
06 Aug 2008
6. Cognizant posts 26 percent jump in Q2 2008, outlook cautious
Leading provider of information technology, consulting and business process outsourcing (BPO) services, Cognizant has reported 26 percent jump in net income in the quarter ended June 30, 2008, despite market uncertainties.
06 Aug 2008
7. Chevron 2Q profit soars on oil prices, shares dip
Propelled by record crude prices, Chevron's second-quarter profit rose 11 percent to a record $5.98 billion, despite losing money on the refining side of the business.
04 Aug 2008
8. BMW's 2Q profit slides, dumps profit forecast
Automaker BMW AG said Friday that its second-quarter profit slid nearly 33 percent and abandoned its annual profit forecast, blaming a drop in U.S. sales, rising costs for raw materials and the strong euro.
04 Aug 2008
9. GM posts $15.5B 2Q loss, 3rd-worst in its history
With another huge quarterly loss now in its rearview mirror, General Motors Corp. faces the ominous task of raising revenue by selling cars rather than trucks.
04 Aug 2008
10. Sun 4Q profit falls 73 pct, guidance hurts stock
Sun Microsystems Inc.'s profit plunged 73 percent in the most recent quarter as slumping sales to big U.S. companies and restructuring charges weighed on the server and software maker.
04 Aug 2008
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