JD.com Q1 Profit Rises 13.9%; Revenue Up 7%

JD.com Swings To Profit In Q4; Revenue Up 7.1%

e-commerce company JD.com, Inc. (JD) reported Thursday a net income attributable to ordinary shareholders for the fourth quarter of RMB3.03 billion or $441 million, compared to a net loss of RMB5.17 billion in the year-ago quarter. Net income per ADS was RMB1.91 or $0.28, compared to a net loss per ADS of RMB3.33 last year.

RTTNews | 450 days ago

JD.com Q2 Net Profit Soars; Revenue Up 5.4%

e-commerce company JD.com, Inc. (JD) reported Tuesday that net income attributable to ordinary shareholders for the second quarter was RMB4.38 billion or $0.65 billion, compared to RMB0.79 billion in the year-ago quarter. Net income per ADS was RMB2.74 or $0.41, compared to RMB0.50 last year.

RTTNews | 648 days ago

TSX Ends On Strong Note

The Canadian market ended on a strong note on Friday thanks to some brisk buying at several counters in late afternoon trades. Optimism about interest rate cuts by the Bank of Canada and the Federal Reserve helped underpin sentiment.

RTTNews | 19h 45min ago

Dollar Sheds Ground Against Major Counterparts

The U.S. dollar turned in a weak performance against its major rivals on Friday on bets the Federal Reserve will likely cut interest rate in September after a reading of the nation's consumer price inflation came in line with estimates.

RTTNews | 20h 44min ago

Swiss Market Ends On Buoyant Note

The Switzerland market ended on a strong note on Friday as stocks kept moving higher and higher during the day's session thanks to sustained buying support amid bets several central banks will start cutting interest rates soon.

RTTNews | 1 day ago

European Stocks Close Higher After Choppy Session

European stocks closed higher on Friday with investors digesting eurozone inflation data, and a report on U.S. personal income & spending, and looking ahead to the European Central Bank's monetary policy announcement next week.

RTTNews | 1 day ago

U.S. Dollar Declines As PCE Data Cements Rate Cut Bets

The U.S. dollar moved down against its major counterparts in the New York session on Friday, as the nation's consumer prices increased in line with economist estimates in April, raising the possibility of a rate cut from the Federal Reserve in September.

RTTNews | 1 day ago

Canadian Market Modestly Lower; Bank Stocks Lose Ground On Earnings

Despite optimism about an interest rate cut by the Bank of Canada in June, the Canadian market remains weak a little past noon on Friday as data showing a less than expected growth of the nation's GDP weigh on sentiment.

RTTNews | 1 day ago

EURUSD	1.0846	GBPUSD	1.274	AUDUSD	0.66473
USDJPY	157.267	USDCAD	1.3628	USDCHF	0.9023