Related topics: net profit

Samsung chairman keeps fortune in inheritance case

The chairman of Samsung Electronics has kept his fortune and control of the Samsung conglomerate after a South Korean court Friday ruled against his older brother in an inheritance battle.

United Technologies 4Q profit down but sales grow

United Technologies Corp. posted a 26 percent drop in fourth-quarter net income from continuing operations on Wednesday due to one-time items including restructuring costs and completing its $18.4 billion Goodrich acquisition.

Sony uses movie studio to press ultra-HD advantage

Sony Corp. is finally pressing its advantage as a conglomerate that owns both high-tech gadgets and the content that plays on them by being the only electronics maker to offer ultra-HD TVs—and a way to get movies to the ...

Hashtag symbolizes end of an era for Newsweek

Almost 80 years after first going to print, the final Newsweek magazine hit newsstands Monday featuring an ironic hashtag as a symbol of its Twitter-era transition to an all-digital format.

Taiwan's Formosa wins appeal on plant conditions

Taiwan's leading conglomerate Formosa Plastics said Friday it won an appeal against strict environmental conditions the government imposed on the building of a $180 million petrochemical plant.

GE says 'Industrial Internet' could be worth trillions

Connecting industrial operations to the Internet could lead to significant gains in productivity, potentially worth $10 trillion to $15 trillion globally, a study by General Electric said Monday.

India's TCS says profit jumps 44%, beats estimates

India's biggest software exporter TCS said Friday its quarterly net profit jumped 44 percent, beating estimates, as outsourcing orders rose despite economic troubles in the firm's major markets.

New Paleolithic site in Gansu Province

A joint team of the Institute of Vertebrate Paleontology and Paleoanthropology (IVPP), Chinese Academy of Sciences, and the Gansu Provincial Institute of Archaeology found a new paleolithic site at Xujiacheng village, Wanquan ...

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