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.
DuPont Forecasts Larger Foreign Exchange Hit as Sales Slip
DuPont's 1Q profit fell to $1.03 billion. Net sales fell 9.4% to
$9.17 billion, while total revenue slipped 7.6% to $9.37 billion.
Separately, the company boosted its dividend by 4%.
Canon Poised to Make Another Big Buy
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.
J.P. Morgan Reassigns Banking Roles in Asia
J.P. Morgan Chase reassigned roles among its senior bankers
across Asia, giving broader roles to a handful of veteran bankers
from within its own ranks, according to people familiar with the
situation.
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
Peugeot Ramps Up Output on Better EU Growth
French carmaker Peugeot Citroen said it will ramp up production
this year to capitalize on growth in European markets.
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.
TeliaSonera Net Profit Hit
Network operator TeliaSonera reported a 5.9% drop in
first-quarter net profit because of strong sales of high-end
smartphones at subsidized prices in Sweden.
Slovak Telekom Share Sale Valued up to €1 Billion
Bratislava-based Slovak Telekom said the value for the remaining
49% shares set to sold by the state is up to about €1 billion.