AXA 1H NET PROFIT UP ON LOWER COSTS, STRONG LIFE & SAVINGS
AXA SA, Europe's second-largest insurer behind Germany's Allianz
SE, said Friday first-half net profit jumped 22%, helped by lower
restructuring costs, and a strong life and savings business.
(published 0528 GMT)
ARCELORMITTAL WARNS LOWER STEEL PRICES WILL DENT EARNINGS
ArcelorMittal warned on Friday that it will miss its target for
full-year earnings as the world's biggest steelmaker by shipments
bears the brunt of lower commodity prices despite swinging to a
second -quarter net profit for the first time in nearly two years.
(published 0546 GMT)
SURPRISE BIDDER ENTERS THE FRAY FOR T-MOBILE
The slow-moving mating dance between Sprint Corp. and T-Mobile
US Inc. got a jolt Thursday, when France's Iliad SA made a buyout
offer of its own for T-Mobile US, setting up a clash between two of
the global telecommunications industry's brashest titans.
(published 0030 GMT)
LINKEDIN MAKES NEW PUSH INTO SALES
LinkedIn Corp.'s growth unexpectedly accelerated in the second
quarter, as the professional social network announced a new push to
target sales teams, signaling that it isn't satisfied with its
reliance on corporate recruiters. (published 0021 GMT)
HIGHER OIL PRICES LIFT EXXON PROFIT
Exxon Mobil Corp. said its profit for the second quarter rose
28%, despite pumping oil and gas at its lowest rate in almost five
years. (published 0002 GMT)
AB INBEV TOASTS WORLD CUP SALES
A surge of beer-drinking during the World Cup boosted
Anheuser-Busch InBev NV's second-quarter profit, leaving the
world's biggest beer maker optimistic about future sales after
showcasing its brands to the billions of people who watched the
event. (published 0003 GMT)
INFOSYS TAPS FIRST-EVER OUTSIDER CEO TO LEAD TURNAROUND
Vishal Sikka, the incoming chief executive of Infosys Ltd.,
India's second-largest outsourcing company, is inheriting a
business struggling to transform itself from a supplier of
inexpensive computer programmers into a global software and
consulting brand. (published 0005 GMT)