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Europe’s biggest bank, HSBC reported a pre-tax annual profit of 20.65 billion dollars, much lower than the estimate of 22.7 billion dollars. HSBC reported an annual net profit of 3.14 billion dollars. HSBC shares fell as much as 2.7% after the earnings release. Stuart Gulliver, chief executive of HSBC said the bank faced a difficult operating environment In the past few 2012 with low levels of economic growth and the changing regulations. Read the rest of this entry »

Consumer electronics giant Best Buy reported earnings results and ekspektai quarterly earnings that exceeded Wall Street on Friday. After the report, BestBuy stocks rose ahead of the opening trade. Earnings outside goods fell to $ 1.64 per share from $ 2.16 per share one year ago. Revenue edged up to 16.71 billion dollars from 16.67 billion a year ago. Wall Street expected earnings BestBuy for $ 1.54 per share on revenue of billion dollars worth of 16:34.

Japan airlines and regulators on Friday said that they are still not convinced and still consider the operation of returning the aircraft Boeing Co 787 Dreamliner production., Although it has received an explanation from the aircraft manufacturer based in Chicago.

The statement came a day after the head of marketing for Boeing made ??a presentation in Japan, to explain about fixing the battery problem that has forced the cessation of operational aircraft. Read the rest of this entry »

Fortune released the list of ‘Most Admired Companies’ for this year. In addition to solid financial performance, companies that enter into it also must have a qualified business track record and great reputation in the respective industries. Not only that, the business prospects in the future is also a calculation in the assessment process. Here are the five best corporate world’s version of Fortune:

1. Apple

Rank in Industry: 1
Previous rank: 1
Overall Score: 8:24
Ticker: AAPL
Headquarters: Cupertino, CA
Website: www.apple.com Read the rest of this entry »