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BT cuts guidance for two years, warns of £500m hit from accounting breach
BTTuesday January 24, 2017 3:49AM ET
BT has cuts its profit guidance for the next two years after an investigation discovered accounting errors at its Italian business led to increased write-downs.
Samsung Electronics Q4 profit $7.9 billion
Samsung ElectronicsTuesday January 24, 2017 3:46AM ET
Samsung Electronics announced fourth quarter and FY 2016 results. The company posted KRW 53.33 trillion ($45.6 billion) in consolidated revenue and KRW 9.22 trillion ($7.9 billion) in operating profit for the quarter.
Dixons Carphone's very Merry Christmas
Dixons CarphoneTuesday January 24, 2017 3:34AM ET
Dixons Carphone posted its fifth consecutive year of Christmas growth on Tuesday, with revenue ahead 4% on a like-for-like basis for the 10 weeks to January 7.
Earnings season 2017: POST forecast for AK Steel, Samsung, and Alcoa
SteelTuesday January 24, 2017 2:29AM ET
This week major players will post their earnings. The tone will defined by electronic and industry, followed by jet makers and tech companies.
Avaya lost $428 million, files for Chapter 11 protection
AvayaMonday January 23, 2017 2:17PM ET
Avaya, together with certain of its domestic subsidiaries has commenced a formal proceeding to restructure its balance sheet to better position itself for the future.
Yahoo Q4 profit $162 million, Verizon deal delayed
YahooMonday January 23, 2017 2:15PM ET
Yahoo reported fourth-quarter profit of $162 million or $0.17 per share, compared to last year's loss of $4.43 billion or $4.70 per share.
Bank of Marin Bancorp Q4 earnings $5.7 million
Bank of Marin BancorpMonday January 23, 2017 1:39PM ET
Bank of Marin Bancorp, parent company of Bank of Marin, announced earnings of $5.7 million in the fourth quarter of 2016.
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