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International Paper 1Q 2014 results: operating earnings down 9% from year ago to $265 million

2014-04-30 16:12:10| Paper - Topix.net

International Paper today reported a first quarter 2014 net loss attributable to common shareholders of $95 million , including a pre-tax charge of $495 million associated with the Courtland mill shutdown, compared with net earnings of $436 million in the fourth quarter of 2013 and $318 million in the first quarter of 2013.

Tags: to year results international

 

Dixie Group Has Higher Sales, But $2.4 Million Operating Loss, For 1st Quarter

2014-04-30 15:35:05| Industrial Machines - Topix.net

The Dixie Group, Inc. on Wednesday reported financial results for the first quarter ended March 29, including higher sales but an operating loss.

Tags: group sales million loss

 
 

Q&A with Paul Chakmak, executive vice president and chief operating officer at Boyd Gaming Corp.

2014-04-29 18:57:00| Trucking - Topix.net

Paul Chakmak is a busy guy. Boyd Gaming Corporation's executive vice president and chief operating officer sits on the boards of three influencial organizations or public agencies - the Las Vegas Convention and Visitors Authority, the UNLV stadium authority and the Nevada Resort Association, where he serves as vice chairman.

Tags: paul operating executive president

 

Samsung mobile sales, operating profit down in Q1

2014-04-29 08:19:00| Telecompaper Headlines

(Telecompaper) Samsung reported first-quarter revenues of KRW 53.68 trillion, up slightly from KRW 52.87 trillion a year earlier. The company's operating profit dipped to KRW 8.49 trillion from KRW 8.78 trillion, while net profit rose to KRW 7.57 trillion from KRW 7.15 trillion a year ago. Samsung saw a slowdown at its IT and mobile division, due to seasonality as well as competition and weaker demand in emerging markets. Revenues at the division fell to KRW 32.44 billion from KRW 32.82 trillion, and operating profit was down to KRW 6.43 trillion from KRW 6.51 trillion. Samsung said profits were up and smartphone shipments steady compared to Q4, thanks to better control of marketing costs and demand for low and mid-range models. The company also shipped almost 13 million tablets in the quarter, helped by its new Pro range. Samsung expects smartphone and tablet demand to improve somewhat in Q2, and said earnings should be solid thanks to the recent launch of the Galaxy S5 flagship phone, which is expected to surpass its predecessor in sales. For the rest of 2014, Samsung said it targets expansion in the Chinese LTE market as well as well as growing profitability from its wearables business. Its Display Panel and Consumer Electronics divisions should also improve results from Q2. 

Tags: sales mobile operating samsung

 

Can FedEx Corp. Reverse the Course of Its Dipping Operating Margin?

2014-04-28 23:34:23| Air Courier - Topix.net

With a presence in more than 220 countries, FedEx's business relies heavily on the health of the global economy.

Tags: operating corp reverse margin

 

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