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Tag: weakness
Ascena Retail Can't Dress Up Its Weakness
2015-10-27 13:38:16| IT Services - Topix.net
Ascena Retail Group has proven that while the U.S. economy may not be in recession, slowing retail sales, excluding automobiles, are weighing on top line growth. Moreover, as competition heats up in the eCommerce space, margins are contracting.
Rand weakness to hit outlook for new car sales - CMH
2015-10-22 08:27:58| Auto Dealers - Topix.net
Despite attempts by manufacturers to "stall the inevitable", rand weakness should lead to further vehicle price increases, Combined Motor Holdings chief executive Jeb McIntosh warned yesterday. McIntosh said these increases, potential interest rate hikes and tightening of the bank's lending criteria would all contribute to a deteriorating outlook for new vehicle sales.
Halliburton Is Thriving Despite North American Weakness
2015-10-21 06:12:42| Oil & Gas - Topix.net
The company is positioned to turn the weakness is North America into a strength after the Baker Hughes deal finalizes. The quarterly results for Halliburton were nothing special, but nonetheless impressive considering the massive reduction in North American drilling.
Tags: north
american
weakness
thriving
TeliaSonera lowers FY outlook on weakness in Kazakhstan
2015-10-20 08:48:00| Telecompaper Headlines
(Telecompaper) TeliaSonera lowered its outlook for full-year organic EBITDA after reporting a slightly lower result for the third quarter. The company previously expected stable organic revenue and EBITDA this year, but now sees EBITDA coming in slightly lower. In the third quarter, organic sales increased 2.4 percent, while EBITDA excluding one-time items, currency effects and acquisitions and disposals declined 0.9 percent. The operator blamed the decline on its operations in Eurasia, and in particular Kazakhstan where it's suffering from intense price competition. This was offset by positive organic EBITDA growth in its home market Sweden and the rest of Europe. On a reported basis, net sales increased 6.3 percent to SEK 27.029 billion, and adjusted EBITDA rose 3.1 percent to SEK 9.730 billion, leading to a lower margin of 36.0 percent compared to 37.1 a year ago. Net profit improved 12.7 percent to SEK 4.589 billion, while free cash flow fell to SEK 4.699 billion from SEK 6.387 billion, mainly due to delayed dividends from Megafon. TeliaSonera said it expects continued improvement in the region Sweden and Europe in Q4, but Eurasia and Kazakhstan will remain difficult. The company maintained planned capital expenditure this year at SEK 17, excluding licence and spectrum fees.
Tags: outlook
kazakhstan
weakness
lowers
Investors Buy International Paper on Weakness After Analyst Downgrade
2015-10-16 23:49:24| Paper - Topix.net
Traders bought shares of International Paper on weakness during trading on Friday after Citigroup lowered their price target on the stock from $58.00 to $52.00, Analyst Ratings Net reports. $29.01 million flowed into the stock on the tick-up and $12.69 million flowed out of the stock on the tick-down, for a money net flow of $16.32 million into the stock.
Tags: international
buy
paper
investors
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