THOMSON FINANCIAL NEWS TOP STORIES Global 0805 BST |
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Fri, 20 Apr 2007 08:22 |
LONDON (Thomson Financial) - Here are the top stories on Thomson Financial NewsSAP Q1 opg rises 6 pct on strong sales in Americas and Asia Pacific regionWALLDORF, Germany (Thomson Financial) - SAP AG said first quarter operating profit rose 6 pct to 433 mln eur from 409 mln thanks to strong sales in the Americas and Asia Pacific regionsThe figure was below the 442 mln eur consensus of analysts forecasts.WPP Q1 like-for-like revenues up over 4 pctLONDON (Thomson Financial) - WPP Group PLC, the UK advertising and marketing services firm, said like-for-like revenues grew over 4 pct in the first quarter, with strong growth in Asia Pacific, Latin America, Africa and the Middle East, continuing to compensate for weaker growth in the UK and US.The world's second-largest advertising and marketing group, home to Young & Rubicam and J Walter Thompson agencies, also said in a trading update that reported revenues were down 0.7 pct to 1.36 bln stg, due mainly to the weak dollar against the pound sterling.Wipro Q4 net up 39 pct, beats forecast on higher fees, acquisitionsBANGALORE (Thomson Financial) - India's third biggest software company Wipro Ltd beat estimates with a 39 pct rise in its fourth-quarter net profit, boosted by higher billing rates, acquisitions, and a strong growth in its business process outsourcing division.In the quarter, net profit rose to 8.56 bln rupees from 6.18 bln rupees last year, while revenues went up 39 pct to 43.33 bln rupees, against analysts' forecast of a net profit of 7.8 bln rupees on sales of 41.9 bln.Converium CEO says co in talks to find white knight
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