Category: Popular

Consumer Goods, Finance, Financial, Popular, Services Sector

HDFC Exceeds Consensus Estimates in Fiscal First Half

HDFC Bank’s first-half 2014 earnings were up 29% on the prior comparable period, with pretax, pre-provision earnings up 27%. These results exceeded expectations, with growth in provisions and operating expenses (up 4% and 17%, respectively) significantly trailing the 22% growth in net revenues. However, this divergence between income and cost growth is not unusual given that loan loss provisions typically lag loan origination by around … Continue reading HDFC Exceeds Consensus Estimates in Fiscal First Half

Jayne CrismanLeave a comment
Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Popular, Services Sector

ResMed Sees Impressive Growth in Q3

ResMed delivered another impressive performance in the third quarter of fiscal 2013. Revenue rose 10% to USD 384 million, operating income increased 26% to USD 96.1 million and net income was 31% higher at USD 84.9 million. Diluted earnings per share rose 32% to USD 0.58 and over the nine months to 31 March 2013 are 36% higher than in the corresponding nine months in … Continue reading ResMed Sees Impressive Growth in Q3

John MeadyLeave a comment
Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Global Equity, Popular, Services Sector

Spark Infrastructure Reports Impressive First Half Results

Spark Infrastructure reported a solid first-half 2013, with earnings before interest, tax, depreciation and amortisation, or EBITDA, increasing 11% to AUD 340 million on a proportional basis. Growth was driven by substantial tariff increases to recover increased investment, partly offset by lower volumes. Regulated asset base (RAB) grew 9% in the past year and will continue growing robustly in coming years as investment continues. Spark … Continue reading Spark Infrastructure Reports Impressive First Half Results

Kristen BartonLeave a comment
Analysis, Commodities, Consumer Goods, Diversified Tech, Finance, Financial, Popular, Services Sector

IPG Reports Organic Revenue Growth of 2.2% in the Second Quarter

Interpublic reported organic revenue growth of 2.2% in the second quarter, on par with the first quarter as the company rebounds from client losses in 2012. With expected clients wins starting to flow through in the third quarter, the firm is on track to meet its 2%-3% organic revenue growth forecast for 2013. Interpublic is battling a tough macroeconomic environment, especially in Europe, where it … Continue reading IPG Reports Organic Revenue Growth of 2.2% in the Second Quarter

Jason KnoxLeave a comment
Finance, Internet, Popular

Facebook Inc (NASDAQ:FB) Has More Users To Playwith As Whatsapp User Base Touches 600 Million

Facebook Inc (NASDAQ:FB)’s Chief Executive Officer Mark Zuckerberg is one happy customer as his recent costly conquest, Whatsapp, has reached a monthly active user base of 600 million users. Chief Executive Officer and founder of Whatsapp, Jan Koum, tweeted about the news of the milestone on Sunday. Whatsapp’s growth has been phenomenal this year after the news of the Facebook Inc (NASDAQ:FB) merger was made … Continue reading Facebook Inc (NASDAQ:FB) Has More Users To Playwith As Whatsapp User Base Touches 600 Million

Viraj Shah
BioTech, Popular

Orexigen Therapeutics Sees Shares Slide Pre-Market; Eli Lily Edges Up

Shares of Orexigen Therapeutics (NASDAQ:OREX) slipped in Tuesday’s pre-market session, after the developer of drug treatments for obesity and related disorders said it received a Day 120 List of Questions regarding the marketing authorization application for its NB32 weight-loss drug candidate from the European Medicines Agency’s Committee for Medicinal Products for Human Use. The company said the EMA reviewers’ questions “are consistent with issues raised … Continue reading Orexigen Therapeutics Sees Shares Slide Pre-Market; Eli Lily Edges Up

Ryan Holtz