Tag: fourth quarter
Spotify lowers fourth-quarter loss, increases users and revenue
dpa/GNA - Music-streaming service Spotify reported an increase in subscribers and revenue, and lowered its net loss during the fourth quarter amid the...
Pandemic weighs on H&M’s fourth quarter net profit and sales
dpa/GNA - Swedish clothing retailer Hennes & Mauritz (H&M) on Friday reported a sharp drop in fourth quarter net profit, citing fallout from...
SAP sees profit climb in fourth quarter, expects cloud boost ahead
dpa-AFX/GNA - German software major SAP SE (SAP) announced its fourth quarter results on Friday, saying it expects fiscal 2021 adjusted operating profit...
5G roll-out helps drive Ericsson’s fourth quarter profit
dpa/GNA - Swedish telecommunications technology company Ericsson on Friday said its fourth quarter profit increased 60 per cent year-on-year, and noted how the...
Samsung’s fourth quarter net profit jumps on solid chip business
dpa-ANN/GNA - Samsung Electronics Co announced solid fourth quarter performance on Thursday, but warned that the weak dollar and uncertainties about the novel...
Spain’s unemployment rate declines in fourth quarter
dpa/GNA - Spain's unemployment rate dropped to a near three-year low in the fourth quarter, the statistical office INE showed on Thursday.
The unemployment...
BMW’s automotive free cash flow above market view
dpa-AFX/GNA - BMW AG said that preliminary automotive free cash flow for the fourth quarter and the full year 2020 was above market...
Deutsche Post Q4 Preliminary EBIT up 56 percent
dpa-afx/GNA - Deutsche Post AG reported that its fourth-quarter preliminary group EBIT was about 1.960 billion euros, up 56 per cent from last...
Number of newly-built residential buildings, dwellings rises in Bulgaria in fourth quarter
The number of newly-built residential buildings and dwellings in Bulgaria increased respectively by 46.4 percent and 88.5 percent year-on-year in the fourth quarter of...
Buhari Assures That Nigeria’s Economy Will Recover By Q4
He pointed out that the state of the economy is also taking its toll on his Ministers and other members of his cabinet who...
Low Oil Prices forces American based companies to cut jobs after quarterly loss
Apache, a U.S. oil and gas corporation, recorded a net loss of 7.2 billion U.S. dollars for the fourth quarter as it took 5.9...
In Q4 of 2015 Norway job vacancies sunk by 10 percent
There were 47,300 job vacancies in the last quarter of 2015, 5,400 fewer than the same quarter the previous year, according to the latest...
Japanese economy reduced by 1.4 percent
The decrease in inflation-adjusted gross domestic product (GDP) corresponded to a 0.4-percent drop on quarter and was smaller than the average market forecast of...
Austrian economy picks new GDP of 0.3 percent
The institute had previously expected 0.8 percent growth for the entire year.
On a year-on-year basis, the Austrian economy grew an even larger 1.1...
Kosmos energy spends $500 million on Ghanaian projects in 2015
Kosmos Energy which discovered Ghana's Jubilee oil fields in 2007 has allocated 500 million U.S. dollars for its Ghanaian projects in 2015, the company's...
US economy went bad in the 4th quarter of 2014
The US economy grew at an annualized pace of 2.6 per cent in the quarter ending December 2014, the federal Bureau of Economic Analysis...
Ghana?s GDP fourth quarter of 2013 grew by 4.9%
Real Gross Domestic Product (GDP) for the fourth quarter of 2013 grew by 4.9 per cent (year on year) compared to the same 4.9...
Coca-Cola’s fourth-quarter net income falls 8.4%
Shares of beverage giant Coca-Cola saw their biggest fall in two years after its profit fell due to slowing sales in the US and...
US economy inches up 3.2%
The U.S. economy grew at a healthy 3.2 percent rate in the final months of 2013, according to new government data released Thursday morning,...