Fri, 29 Apr 2016 04:30:58 GMT

Wall Street Journal

Baidu's Profit Falls While Revenue Climbs
Wall Street Journal
BEIJING—Baidu Inc.'s profit fell 18.9% in the first quarter even as revenue jumped, as the Chinese Internet company reorganized and spent more on video content and other services outside its core search-engine business. Baidu's revenue increased 24 ...

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Fri, 29 Apr 2016 03:58:59 GMT

Eastman Chemical to slash costs after revenue drop
Analysts surveyed by Thomson Reuters had projected $1.53 a share in adjusted profit on $2.31 billion in revenue. Gross profit margin improved to 28.4% from 26.9% a year earlier. The company is expected to release more information during a conference ...

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Fri, 29 Apr 2016 03:45:00 GMT


ODU budgets for at least a $600000 reduction in TV revenues
Old Dominion anticipates a $600,000 to $700,000 yearly decline in revenue from Conference USA's new TV contracts – down from the $1 million per school that league teams currently receive. A decline in TV revenue for 2016-2017 has been expected since ...

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