Samsung Tops Profit Estimates, Warns of Weaker Phone Demand

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Samsung Tops Profit Estimates, Warns of Weaker Phone Demand

Net income rose to 11.6 trillion won ($10.7 billion) in the three months ended March, the Suwon, South Korea-based company said in a filing Thursday, beating the 10.9 trillion won average of projections compiled by Bloomberg. Sales rose 20 percent to 60.6 trillion won. The results ease concerns of
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Whitbread to spin off Costa Coffee business

Whitbread PLC (WTB.LN) said Wednesday that it will spin off its Costa Coffee business into a separate business. The hospitality company said the demerger of Costa will be executed as quickly as it practical to optimize value for shareholders, and is …
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AP reports loss on one-time accounting charges

NEW YORK (AP) — The Associated Press lost $74 million in 2017, mostly due to one-time accounting charges related to the federal tax overhaul passed late last year, the news organization said Wednesday. Revenue fell 8 percent to $510.1 million from $556.3 million in 2016, when the company
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SAP-Centric Companies Choose Software-as-a-Service for Enterprise Lease Accounting

RESTON, Va., April 25, 2018 /PRNewswire/ — LeaseAccelerator, the pioneer in the Enterprise Lease Accounting software market, announced today that 10 new SAP-centric companies have recently selected its SaaS application to comply with the new lease accounting standards. Currently used by Dow
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Ukhand Guv advocates for green accounting in state, forest growth index

Dehradun, Apr 25 (PTI) Describing Uttarakhand as the cradle�of Indian forestry, Governor K K Paul today advocated for green accounting in the state and introduction of a forest growth index. He also said the Chipko Movement, recognised globally as the first environment conservation movement, had
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