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UK trade deficit narrows in April

2015-06-09 11:53:32| BBC News | Business | UK Edition

The UK trade deficit narrowed to 1.2bn in April from 3.1bn in March, figures from the Office for National Statistics show.

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Sears 1Q loss narrows but sales slump continues

2015-06-08 19:07:59| Real Estate - Topix.net

Sears' first-quarter loss narrowed but sales continue to slump as the retailer prepares the rollout of its real-estate investment trust this week to raise cash. Sears Holdings Corp., which operates Sears and Kmart stores, said that it expects the real estate investment trust that it is forming, Seritage Growth Properties, will be declared effective by the Securities & Exchange Commission this week.

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UTi Worldwide Narrows Fiscal Quarter Loss

2015-06-05 16:07:24| Logistics - Topix.net

UTi Worldwide Inc. narrowed its loss for the fiscal 2016 first quarter to $35.4 million, or 35 cents per share, from the prior year period loss of $43.4 million that included one-time debt reduction costs. UTi, Long Beach, California, reported that revenue fell 6.8% to $973.3 million during the period ended April 30, 2015.

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UTi Worldwide narrows Q1 loss but misses estimates

2015-06-04 23:18:23| Logistics - Topix.net

Revenue decreased 6.8% to $973.3 million, from $1,043.9 million a year ago. Analysts polled by FactSet had expected the trucking and logistics company to report a loss of 15 cents a share on sales of $1.02 billion.

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Navistar revenue dips 1.9% but loss narrows

2015-06-04 14:49:50| Automakers - Topix.net

Navistar International Corp. on Thursday reported that revenue fell 1.9% in the April quarter, even as cost-cutting initiatives and margin improvements helped the company narrow its loss. The Lisle, Ill.-based company had been struggling to leverage market-share gains from the red-hot demand for commercial trucks in North America.

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