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Hit hard by the global economic crisis
[ 2009-12-14 17:07:00 | By: lmno207 ]
 
Schibsted rallies after third-quarter results

(3:34 AM ET) LONDON (MarketWatch) -- Shares of Norwegian media group Schibsted /quotes/comstock/29r!sch (NO:SCH 123.00, +1.50, +1.23%) rallied close to 16% in early Oslo action as its third-quarter operating profit climbed 52% to 303 million kroner ($53.6 million), with revenue up 10% to 3.27 billion kroner.
mbt sales
Sumitomo Mitsui FG first half net jumps 48%

(3:34 AM ET) HONG KONG (MarketWatch) -- Sumitomo Mitsui Financial Group /quotes/comstock/!8316 (JP:8316 2,900, -10.00, -0.34%) /quotes/comstock/11i!smfjy (SMFJ.Y 3.23, -0.03, -0.92%) reported on Friday a stronger-than-expected 48% growth in fiscal first-half net income on lower bad loacheap mbt ns, and maintained its profit forecast for the full-year. Net income for the half-year ended Sept. 30 came in at 123.5 billion yen ($1.37 billion) from 83.3 billion yen in the year-earlier period. The banking giant retained its fiscal year profit forecast of 220 billion yen, or 217.61 yen a share, though it cut its revenue forecast to 3.1 trillion yen from a previous projection of 3.4 trillion yen.

JAL posts $1.45 billion first-half loss

(2:46 AM ET) LOS ANGELES (MarketWatch) -- Japan Airlines Corp. /quotes/comstock/!9205 (JP:9205 100.00, +8.00, +8.70%) /quotes/comstock/11i!jalsy (JALS.Y 5.31, -0.09, -1.67%) said Friday it swung to a fiscal first-half loss of 131.2 billion yen ($1.45 billion) from a profit of 36.7 billion yen in the year-earlier half. Revenue sank almost 29% to 764 billion yen durincheap mbts g the April-September period from 1.07 trillion yen in the fiscal first-half of 2008. Hit hard by the global economic crisis, JAL is in the midst of seeking a
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