Nortel issues profit warning, shares dive
September 18, 2008
Shares in Nortel, North America’s biggest telecoms equipment maker, fell more
than 45 per cent on Wednesday, plunging to their lowest level in the
company's history, after the group cut revenue, sales and profit forecasts
and said it was considering selling one of its businesses.
News Corporation’s first-quarter profits down 30% after drop in television advertising revenue
News Corporation, parent company of The Times, reported a 30 per cent drop in first-quarter profits, as falling revenues from television advertising and declining film studio sales hit the bottom line.
Woolworths shares crash to seven-year low after profit warning
Shares in Woolworths crashed this morning to a seven-year low after the retailer issued a profit warning, saying that sales declined in the first half. 
Telstra jumps Optus in mobile revenue
Telstra Corp Ltd's mobile phone revenue has surged, extending Australia's biggest telecommunications company's lead over rival Optus in the segment.
Tolls boost Transurban revenue
Transurban reports an increase in annual revenue from tolls and fees on its roads in Australia and the US.
Telstra make $24.8b in sales revenue
Telstra's profit grew 13.3 per cent in the year to June 30, on a jump in mobile phone revenue as customers took up services with the Next G network.
Woodside revenue surges
Woodside posts a 52% jump in second quarter revenue, after production rises and crude oil prices soar.
Woodside Q2 revenue up 52%
Woodside Petroleum Ltd has posted a 52 per cent jump in second quarter sales revenue, after production rose and the price of crude oil soared.
Foxtel posts 17% lift in revenue
Pay TV provider Foxtel posted a 17 per cent lift in revenue to $1.7 billion in 2007/08 after steady growth in subscriber numbers.
Transurban toll revenue jumps
Toll road operator Transurban has reported an increase in annual revenue from tolls and fees on its roads in Australia and the United States, helped by higher traffic volumes and toll increases.
Palm swings to 4th-quarter loss from year-ago profit as revenue tumbles, missing expectations
Treo and Centro smart phone maker Palm Inc. said Thursday it swung to a loss in its fiscal fourth quarter as its revenue declined sharply and fell below Wall Street expectations.
New profit warning as Woolworths...
Woolworths lurched deeper into crisis yesterday as it abandoned the planned
sale of 2entertain, its DVD publishing business, and admitted that a recent
collapse in sales meant...
Qantas passenger revenues up 4.3%
Qantas says its May group passenger numbers increased by 3.9 per cent over the previous year.
Santos swells revenue even as...
THE recent blast at the Varanus Island gas facility, coupled with the sale of a 40 per cent stake in a planned LNG project, will continue to drag down Santos' production this...
Transurban tolls and fees pay off
Toll road operator Transurban Group has reported an increase in annual revenue from tolls and fees on its roads in Australia and the United States.
Weather dampens tollway traffic revenue
Transurban and Macquarie Infrastructure's quarterly traffic revenues have taken a hit from the Easter holiday period.
The beat goes on
The right numbers are up. But momentum? That's another thing. A look back at last year's business events and trends and how they impacted the biggest 500 companies in Canada
05/22/08
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Palm swings to 4Q loss as revenue tumbles (AP)
AP - Treo and Centro smart phone maker Palm Inc. said Thursday it swung to a loss in its fiscal fourth quarter as its revenue declined sharply and fell below Wall Street expectations.
Palm swings to 4Q loss as revenue tumbles
Treo and Centro smart phone maker Palm Inc. said Thursday it swung to a loss in its fiscal fourth quarter as its revenue declined sharply and fell below Wall Street expectations.
China tries to hose down Macau gambling
The stakes seem to have been too, too hot for Beijing tastes.
07/08/08
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Euler Hermes, world's biggest credit...
The cost of credit insurance is set to rise after Euler Hermes, the world's
market leader, issued a profit warning after the collapse of Woolworths, the
British retailer.
US advertising slowdown looms over...
LOS ANGELES — Earnings reports from three major media companies — CBS Corp., The Walt Disney Co. and Viacom Inc. — this week show the malaise in local ad markets beginning...
US advertising slowdown looms over...
LOS ANGELES — Earnings reports from three major media companies — CBS Corp., The Walt Disney Co. and Viacom Inc. — this week show the malaise in local ad markets beginning...
Price surge drives Oil Search revenue...
Oil Search has reported a 13% fall in second-quarter output from a year ago but reaffirmed its full-year production forecast.
Suriname seeks to build its own...
Suriname wants to create a state-owned aluminum company and obtain more revenue from its thriving bauxite industry.