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Compuware Q1 Profit Down

Barclays Plc H1 Pretax Profit Rises – Quick Facts

( CPWR : Quote ) Tuesday reported first-quarter net income of $52 thousand or breakeven per share, compared to $10.0 million or $0.05 per share last year. Adjusted income for the quarter was $11.3 million or $0.05 per share, compared to $16.5 million or $0.07 per share last year. Total revenues dropped to $164.5 million from $170.8 million last year. Analysts polled by Thomson Reuters expected the company to earn $0.05 per share on revenues of $165.59 million for the quarter. Analysts’ estimates typically exclude special items. Click here to receive FREE breaking news email alerts for Compuware Corp. and others in your portfolio by RTT Staff Writer Twitter Results Top Estimates Micro-blogging site Twitter Inc said Tuesday after the markets closed that its second quarter loss widened from last year, hurt mainly by stock-based compensation expense, even as revenue more than doubled thanks to growth in advertising. However, the company’s quarterly earnings per share, excluding items, came in above analysts’ expectations as did its quarterly revenue. Pfizer Beats Forecasts Despite Slumping Sales Pharmaceutical giant Pfizer, Inc., which was aspiring to buy British drug maker AstraZeneca Plc, reported Tuesday a profit for the second quarter that plunged 79 percent from last year, which reflected hefty gains from animal health business sales. Total revenues declined 2 percent, as it continued to be hurt by generic competition for major drugs.
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Profit to ordinary equity holders of the parent was 1.13 billion pounds, compared to 671 million pounds, previous year. Earnings per ordinary share was 7.0 pence, compared to 4.8 pence. Adjusted profit before tax was down 7% to 3.35 billion pounds, largely driven by currency movements and a reduction in the Investment Bank profitability, partially offset by improvements in Personal and Corporate Banking, Barclaycard, and Barclays Non-Core. Adjusted Group attributable profit was 1.76 billion pounds, compared to 2.06 billion pounds, prior year. Adjusted basic earnings per share was 10.9 pence, compared to 15.2 pence, last year. Net interest income was 6.08 billion pounds, compared to 5.58 billion pounds, previous year. Total income was 13.62 billion pounds, compared to 15.43 billion pounds, last year. Barclays will pay a second interim dividend of 1.0 pence on 19 September 2014. Looking forward, the Group said 2014 will be a transition year as it continues to make investments and focus on balance sheet optimisation and cost reduction.
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