Credit Suisse Profit Tops Forecasts
Credit Suisse net profit rose 23% in the first quarter of the
year, as the Swiss lender saw a pickup at its investment bank and
continued to rein in costs.
SAP Profit Plunges
German business software provider SAP posted a 23% fall in net
profit for the first quarter as it makes the transition to cloud
technology.
Canon CEO Poised to Make Another Big M&A
Canon is looking to spend another $3 billion to buy a company in
a growth sector--possibly a firm in the area of disposable medical
goods, the Japanese camera maker's chief executive said.
Yahoo, Microsoft Amend Terms to Terminate Search Deal
The two companies have amended the terms of their partnership to
let either party terminate the deal at any point in time on or
after Oct. 1, according to a filing Yahoo made on Monday.
Publicis Posts Sales Jump
Publicis reported a 32% jump in first-quarter sales, boosted by
the strong dollar and its latest digital acquisition as the
advertising company works toward a recovery after a tough past
year.
Sky's Earnings Climb on Subscriber Growth
Sky's earnings climbed as television subscriber growth and
demand for new products in the U.K. and Germany pushed up revenue
for the satellite broadcaster and pay-TV giant.
Rio Tinto Iron-Ore Shipments Set to Rise
Rio Tinto's shipments of iron ore fell sharply in the first
three months of the year, but the Anglo-Australian miner still
expects 2015 to be another year of record sales.
SingTel Seeks to Delist From Australia's ASX
Singapore Telecommunications Tuesday said it has requested
Australia's ASX to delist its CHESS Depositary Interests, citing
low trading volumes.
China Resources Sells Assets to Focus on Beer Brand
Hong Kong-listed China Resources Enterprise said Tuesday it is
slimming down its holdings, including a loss-making tie-up with
British supermarket Tesco, so it can focus on its top-selling
Chinese beer brand.
Blue Bell Creameries Recalls All Products
Blue Bell Creameries issued a voluntary recall Monday night for
all of its products on the market after two samples of chocolate
chip cookie dough ice cream tested positive for listeria.