Real gross domestic product (GDP) in Canada fell at an annualised rate of 1.6% in the second quarter, in a biggest quarterly decline since the same period in 2009. Exports fell 4.5%, with notable fall in energy exports of 7.5%, a significant source of income for the economy, following the huge...
The British economy grew 0.6% in the second quarter from preceding three months. The first-quarter growth was 0.4%. Gross domestic product expanded by 2.2% in second quarter when compared to the same period a year ago, Office for National Statistics reported on Friday, confirming...
Wholesales in Canada increased 0.7% to CA$56.4 billion in June, and the growth was recorded for the third consecutive month. In volume terms, sales were 0.6% higher from May to June. During the second quarter, wholesales in current dollars grew 0.6%, and those in constant dollars...
KBC Group reported second-quarter net profit of €721 million, up from €666 million in the comparable period a year ago. Basic earnings per share were €1.69 versus previous year's same quarter earnings of €1.56. Total income in the quarter was €1.885 billion.
Business in domicile country of...
Office Depot Inc. announced second quarter results, with reported sales of $3.2 billion, a drop of 6% compared to $3.4 billion in the same period a year ago. Net income was $210 million, or $0.38 per share, compared to a net loss of $58 million, or $0.11 loss per share a year ago, according to...
Time Warner Inc. reported second quarter revenues at $6.95 billion, a decrease of 5% compared to $7.35 billion the same period a year ago. Adjusted operating income declined 5% to $1.8 billion "due to decreases at Warner Bros. and Home Box Office," said the report.
Adjusted income per diluted...
The Dow Chemical Company reported second quarter sales of $11.95 billion, down 7% from $12.91 billion compared to the same period a year ago. Net income was $3.12 billion and earnings per share were $2.61, versus $0.97 a year ago. Operating earnings per share was $0.95, up from $0.91 in...
Gilead Sciences Inc. announced second quarter results, with total revenues at $7.77 billion, down from to $8.24 billion in the comparable quarter in 2015. Net income was reported at $3.49 billion, or $2.58 per diluted share, versus $4.49 billion or $2.92 per diluted share in 2015.
Non-GAAP net...
American Airlines Group Inc. reported second quarter results with a 4.3% lower revenue of $10.36 billion, from $10.82 in the same period in 2015. Net profit was $950 million versus $1.7 billion in the second quarter a year ago, which was the record for the air carrier. Adjusted earnings per diluted...
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