Yara Says Agricultural Markets Are Strong, Posts Higher Profit
Norwegian fertilizer producer Yara International ASA (YAR.OS) Wednesday said agricultural markets are strong as the company posted a rise in second-quarter net profit, helped by higher volumes and improved margins amid a strong nitrogen fertilizer market.
Bajaj Auto April-June Net Profit INR7.18 Billion Vs INR7.11 Billion
Bajaj Auto Ltd. (532977.BY) Wednesday said its April-June net profit rose less than 1% because of a fall in overall sales volume.
Tullow Oil: Wawa-1 Well has Intersected Oil, Gas Condensate
Oil and gas company Tullow Oil PLC (TLW.LN) Wednesday announced that the Wawa-1 exploration well in the Deepwater Tano license offshore Ghana has intersected oil and gas-condensate in a Turonian turbidite channel system.
Lend Lease, Siemens To Build A$2 Billion Australian Hospital
Australia's Lend Lease Corp. (LLC.AU) and Germany's Siemens AG (SIE.XE) have won a contract to build the A$2 billion (US$2.06 billion) Sunshine Coast University Hospital.
China Housing Prices Flat in June, Fresh Sign of Market Bottoming Out
Average housing prices in 70 Chinese cities were flat in June from May, a government survey showed Wednesday, ending eight straight months of declines and offering yet another sign that the country's real-estate market may have bottomed out.
ASML Posts Lower Profit But Sees Stable Sales Ahead
Dutch semiconductor equipment maker ASML Holding NV (ASML.AE) Wednesday posted a drop in profit but said it expects demand for its tools, which produce the silicon chips used in smartphones and tablet PCs, to remain strong despite a tough macro economic environment.
SNB: Credit Suisse Capital Measures Will Improve Resilience
The Swiss National Bank Wednesday said it welcomed the measures taken by Credit Suisse Group (CS) to strengthen its capital base.
Ericsson Earnings Miss Expectations as Poor Profit Margins Weigh
Swedish network equipment vendor Ericsson (ERIC) Wednesday reported a bigger-than-expected drop in second-quarter earnings as its profitability was stunted by a high number of low-margin sales, but said it expects improvement towards the end of this year.
Vodafone Group Plc Further re Recommended Cash -2-
TIDMVOD TIDMCW. RNS Number : 8989H Vodafone Group Plc 18 July 2012 NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION (IN WHOLE OR IN PART) IN, INTO OR FROM ANY JURISDICTION WHERE TO DO SO WOULD CONSTITUTE A VIOLATION OF THE RELEVANT LAWS OF SUCH JURISDICTION 18 July 2012 RECOMMENDED CASH OFFER for Cable
Correction to Swedbank 2Q Net Profit Story
"Swedbank 2Q Net Pft Drops, Sees Risk Of European Recession," at 0445 GMT, incorrectly stated in the third bullet point that the loan losses were mainly attributed to Estonia and Latvia.