Company Results

Profit for Austrian Energy Company OMV Goes Down in Second Quarter

Austrian energy company OMV revealed on Tuesday that its second quarter results were not as good as expected. But, it expressed optimism about its operations.

It was announced in a Tuesday report that the second quarter profit was down 15% to $974 million. Lower sales volumes weakened the second-quarter results.

Results of the First Quarter Sales Signal Downfall for Tesco

The results of Tesco for the first quarter of the year have been disappointing. The first few lines of its press release depicted that they are not confident about the business.

The release said that they were positive and improving like-for-like or declining sales in all categories of food items except frozen and chilled food.

Irish Airline Ryanair’s Annual Profit Soars 13%

The Irish airline, Ryanair, has announced annual profits registering gain of 13%. But the company said that recession across Europe will negatively affect the growth this year.

Barbie Sales declined 21% in 3rd Quarter

Unemployment Rate slightly down in Ohio

You can get $10 if you have been purchasing Red Bull Since 2002

RBS Subsidiary offers Second Largest US IPO in 2014

Barnes & Noble reports smaller first-quarter loss

AustrianTribune Specials

Expansion News was Miscommunication, Clarifies Ryanair

Ryanair Ltd., an Irish low-cost airline, on Thursday announced that it made a mistake in announcing that its board had agreed on the plans to expand to North America.

The mistaken announcement by the airlines doesn't end there as while...