Google profits up but revenue misses expectations

Friday, 30 January 2015 - 14:26

Internet giant Google reported fourth-quarter profits of 4.76 billion dollars, up nearly 30% from the same period a year before, but revenue missed Wall Street expectations.

The company's revenue, increased by 15% to 18 billion dollars - nearly the same amount as Apple's profit last quarter.

Google shares dipped nearly 2% in trading after markets had closed, but recovered later in the evening.

Share market record drop
Wednesday, 05 August 2020 - 20:20

The Colombo Stock Exchange ended the day trading at 5,146.44, indicating a decline.30.4 million shares traded during the day, with a daily turnover of... Read More

Cashew Corporation opens new outlet in Ambepussa
Wednesday, 05 August 2020 - 14:12

The Cashew Corporation has opened a new outlet in front of the Ambepussa Rest House, which is frequented by local and foreign tourists.Its Chairperson,... Read More

Transshipments at Colombo Port recover further
Tuesday, 04 August 2020 - 15:21

Transshipments at the Colombo Port are recovering further following a fall due to the Covid-19 pandemic.Transshipment containers come mainly from India... Read More