News Tag: beat
February 15, 2010
The Japanese economy grew at a better than expected 1.1% in the last three months of 2009, meaning it retains its status as the world’s second largest economy.
Meanwhile, official figures show that GDP grew at an annualised pace of 4.6% in the fourth quarter of 2009, cementing a strong recovery from its worst recession in decades.
Japan exited recession in the second ...
Japanese economy expands 1.1% in Q4
by Kay Murchie
January 21, 2010
Wall Street bank Goldman Sachs has today reported its fourth quarter results with net profits at $4.95 billion (£3.06 billion) compared with a loss of $2.12 billion in the same period a year earlier.
For the 2009 year, the bank made a net profit of $13.39 billion, up from $2.32 billion in the previous year.
The results come just a few days ...
Goldman Sachs results beat expectations
by Kay Murchie
January 13, 2010
The Office for National Statistics (ONS) has today revealed a rise in UK industrial production for the month of November.
The official data showed that output rose by 0.4% in November compared with October and was slightly higher than analysts expectations of a 0.3% rise.
The figures will boost hopes that the UK emerged from its worst recession in decades in the ...
UK industrial output beats expectations in November
by Kay Murchie
January 5, 2010
Fashion chain Next has today reported better than expected sales figures for the Christmas period.
The fashion retailer Next said like-for-like sales at Next Retail were up 3.2% in the 22 weeks to Christmas Eve.
Its mail order business, Next Directory, said sales increased by 6.8% compared with a year earlier.
As a result, it has now increased its full-year profit forecast to between £490 ...
Next sales beat expectations
by Kay Murchie
December 9, 2009
Stagecoach has today reported a fall in first-half profit as a result of higher fuel and pension costs.
The bus and rail operator posted a pre-tax profit of £75.5 million in the six months to the end of October - a fall of 28%.
However, the profits exceeded market expectations and the group said it was seeing an improvement ...
Stagecoach profits hit by higher fuel and pension costs
by Kay Murchie
August 25, 2009
The world’s largest economy continues its run of good news after consumer confidence rose in August.
The closely-monitored Consumer Confidence Index from the Conference Board business organisation grew to 54.1 from an upwardly revised 47.4 the previous month.
The latest reading exceeded market expectations but it is still well below the 90 mark - the minimum level associated with a healthy economy. ...
US consumer confidence reading beats expectations
by Kay Murchie
April 14, 2009
Investment bank Goldman Sachs has exceeded analysts expectations by announcing a $1.8 billion (£1.2 billion) net profit for the three months ending 27th March.
In the previous quarter, Goldman posted its first quarterly loss since going public in 1999.
The markets are expected to respond positively to the results, which kicks-off some much needed good news to the US banking sector, ...
Goldman Sachs exceeds expectations by reporting $1.8bn profit
by Kay Murchie
