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Ferrari to split with parent company, Fiat Chrysler

2014-10-29 19:16:38| Automakers - Topix.net

Ferrari will split with its parent company, Fiat Chrysler, and investors will soon be able to buy shares in the iconic sports car maker. Fiat Chrysler announced the news Wednesday, saying Ferrari will be listed in the U.S. and possibly on a European exchange.

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Peterbilt parent Paccar rolls, beats analysts' Q3 predictions

2014-10-29 07:46:04| Automakers - Topix.net

Paccar reported net income of $371.4 million, or $1.04 per diluted share, up 20 percent from $309.4 million, or 87 cents per share a year earlier and more than analysts' predictions of 96 cents per share. The company reported third-quarter sales of $4.93 billion, which the company said was a record, and that was 15 percent more than $4.3 billion a year earlier and above analysts' expectations of sales of $4.46 billion.

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Prada merges with parent Gipafin Sarl

2014-10-27 13:43:00| Daily apparel & textile news and comment - from just-style.com

Italian fashion house Prada is to merge with parent company Gipafin Sarl by the end of the year as part of a corporate streamlining process.

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Hawaiian Airlines parent Hawaiian Holdings reports $36M Q3 profit

2014-10-22 03:38:40| Airlines - Topix.net

Hawaiian Holdings Inc., parent company of Hawaiian Airlines , reported a third quarter profit of $35.6 million, or 56 cents per diluted share, compared to a profit of $40.6 million, or 76 cents per diluted share, for the same quarter in 2013. Honolulu-based Hawaiian Holdings also reported adjusted net income, reflecting economic fuel expense, of $9.5 million, or 79 cents per diluted share, in the third quarte, an increase of $12.7 million or 10 cents per diluted share year-over year.

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CNN parent to cut 10% of staff

2014-10-06 23:02:28| BBC News | Business | UK Edition

CNN parent Turner Broadcasting announces plans to eliminate 1,475 jobs - about 10% of its total workforce.

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