Deutsche Bank Beats Forecasts 

Deutsche Bank reported a sharp rise in second-quarter profit driven by unexpectedly strong investment banking revenues and lower overall taxes, but warned challenges remain.

 
RBS Warns of Long Wait for Dividend 

Royal Bank of Scotland warned it wouldn't be paying dividends until at least 2017, despite a rise in profit, as the once global bank continued its retreat to the U.K.

 
Shell Profit Drops, to Cut 6,500 Jobs 

Shell reported a sharp fall in second-quarter profit and said it would cut 6,500 jobs, illustrating the strain sustained low oil prices are putting on large producers.

 
ConocoPhillips Cuts Capital Spending Plans 

ConocoPhillips unveiled plans to further pare its spending for the year, as the company swung to a loss in its second quarter amid tumbling commodity prices.

 
Time Warner Profit Falls, Despite Strong Subscriber Growth 

Time Warner Cable said profit fell 7.2% in its latest quarter, as higher programming costs and a pension expense offset higher revenue and subscriber growth.

 
Cigna Corp. Profit Tops Expectations 

Cigna Corp., which last week agreed to sell itself to Anthem Inc. for $48 billion, logged better-than-expected profit in its second quarter amid medical cost management and customer growth.

 
Stanley Black & Decker Lifts Outlook 

Stanley Black & Decker Inc. on Thursday boosted its earnings outlook for the year, as improving demand for its tools and storage units helps offset currency impact.

 
Siemens Hit by Weaker Energy Business 

German industrial conglomerate Siemens reported a slight decline in third-quarter net profit on slow growth in its power and gas division and a weak global economy.

 
Nokia, Alcatel-Lucent Shares Soar on Profit News 

Nokia recorded a net profit for the second quarter, while Alcatel, which the Finnish company is acquiring, saw its first quarter of positive free cash flow since 2006.

 
Repsol Profit Down 44% on Falling Oil Prices 

Spain's Repsol said its net profit fell 44% in the second quarter, as strong refining results couldn't offset the effect of falling crude prices and the one-time gains that boosted its bottom line in the same quarter a year ago.

 
Centrica to Shrink Oil Business, Slash Jobs 

U.K. utility Centrica said it would shrink its oil and gas exploration and production business, exit wind ventures, slash costs and cut thousands of jobs to return the company back to its core energy supply business.

 
EDF to Buy Majority Stake in Areva's Reactor Unit 

Électricité de France agreed to buy a majority stake in the nuclear reactor-making unit of Areva as part of a broader plan to rescue the beleaguered nuclear supplier.

 
Rolls-Royce CEO Pledges to Speed Turnaround Efforts 

Rolls-Royce Chief Executive Warren East is promising to inject a greater sense of urgency into the British engine maker's turnaround effort as the company reported a fall in sales and profit.

 
Renault Shares Plunge Despite Strong Results 

French car maker Renault reported an 86% rise in net income as strong European demand and an increase in sales to its partner auto makers boosted revenue, but investors punished the company for failing to do even better.

 
Lufthansa Profit Rebounds 

Lufthansa second-quarter profit rebounded sharply even as the airline faces troubled labor relations and a compensation dispute with the families of survivors from the crash of a Germanwings jetliner.

 
Diageo Hurt by Weak North American Sales 

Diageo reported lower operating profit for the year as the world's largest spirits maker was hit by weaker sales in its key North America business.

 
AstraZeneca Boosted by Licensing Deals 

AstraZeneca reported an increase in second-quarter revenue, driven by income from licensing deals, though profit continued to fall as the company plowed heavy investment into new drugs it hopes will replace its old blockbusters.

 
Sanofi Buoyed by Biotech and Lower Costs 

Sanofi reported a 68% jump in second-quarter net profit, buoyed by its biotech business and lower costs.

 
Santander Boosted by Stronger Lending 

Santander reported a near 18% rise in second-quarter net profit lifted by stronger lending and a continuing fall in charges from souring loans, particularly in its two big markets of Spain and the U.K.

 
Sony Net Profit Surges 

Sony's net profit more than triples in April-June on strong sales in its videogame and smartphone image sensor divisions.

 
Samsung Hit by Weak Mobile Unit 

Samsung reported a drop in second-quarter profits as the company struggles in an increasingly crowded smartphone space, with more price cuts expected.