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Higher paint, window sales boost Masco's 2Q earnings

2015-07-28 22:47:23| Furniture - Topix.net

Shares of Masco, the company behind Behr paint and Delta faucets, jumped Tuesday after the home improvement products maker posted better than expected earnings for its second quarter. New paint products and higher demand for its KraftMaid cabinets and Milgard windows helped boost results, Masco said.

Tags: sales higher window paint

 

Statoil Q2 profits hit by lower oil prices, higher costs

2015-07-28 10:27:19| Oil & Gas - Topix.net

Norwegian energy company Statoil says it was hit by lower oil prices, increased depreciation and higher drilling costs in the second quarter, causing net profit to fall 16 percent to 10.1 billion kroner . CEO Eldar Saetre said Tuesday that the company "delivered encouraging operational performance with good production growth and high regularity" in the quarter, adding that it will continue to cut costs as part of an efficiency program that was "on track."

Tags: prices lower hit costs

 
 

RSA leads FTSE higher after bid move

2015-07-28 10:23:01| BBC News | Business | UK Edition

The FTSE 100 opens higher, with shares in insurance group RSA jumping nearly 12% after Zurich Insurance says it is considering a bid for the firm.

Tags: move higher leads bid

 

Global Automotive Market Awaits 5G To Leverage Higher Network Coverage, Availability And Density

2015-07-28 08:59:11| wirelessdesignonline News Articles

The world will soon see 5G emerge as a blend of pre-existing technologies such as 2G, 3G, 4G and Wi-Fi to allow higher network coverage, availability and density.

Tags: network market global higher

 

Ryanair sees full-year profit at higher end of forecast range

2015-07-27 10:08:34| Airlines - Topix.net

But the Irish airline, Europe's largest by passenger numbers, said it would cut fares sharply during the winter and that competitors could respond aggressively. Passenger numbers will grow to 103 million this year from 90.6 million last year, the company said in a statement.

Tags: end range higher profit

 

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