Company Results

Carnival Posts Better- Than- Expected Profits

Carnival Posts Better- Than- Expected Profits On Tuesday, Miami based Carnival Corp. & PLC announced considerably better-than-expected earning results for the third quarter. The cruise company attributed the good results to an elevated onboard spending along with a sturdy demand for cruises recently.

In the Second Quarter Och-Ziff Profits Rise 14%

In the Second Quarter Och-Ziff Profits Rise 14% Och-Ziff Capital Management Group said that its profits for the second quarter grew 17% due to higher management fees. The rise was up 25.4% from last year. The hedge-fund firm is run by Chairman and CEO Daniel Och.

First Quarterly Report After IPO; GoPro Reveals Wider Losses

First Quarterly Report After IPO; GoPro Reveals Wider LossesGoPro the company that went public in June this year had a tough ride after the company reported its first earnings as a public company.

Shares of Twitter Grow 35 percent Putting a Pause to Growth Concerns for the Time Being

Shares of Twitter Grow 35 percent Putting a Pause to Growth Concerns for the Time Being Twitter Inc. arrested a decelerate in user-growth in the second quarter with the assistance of its product tweaks and services that were built around the World Cup in summer, pacifying concerns presently which the online messaging service had pointed earlier.

First-half Revenue for Huawei Technologies Grow by 19%

First-half Revenue for Huawei Technologies Grow by 19%Huawei Technologies Co. the Chinese equipment supplier for telecommunications industry said on Monday that its revenue has boosted by 19% during the initial half of the current year. This is attributed to stronger sales of software and services among telecom carriers.

Wells Fargo Reports a Profit

Wells Fargo Reports a ProfitThanks to a steady housing market and lesser number of bad loans which helped to lift the quarterly profits for Wells Fargo by 3 percent.

On Friday the biggest mortgage lender of the country said that its net income grew to $5.42 billion for the three months in this quarter that ended in the month of June. That is quite an increase from $5.27 billion last year. The amount is calculated after removing the dividends for preferred stock.

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