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Jim Cramer: United Technologies, Trinity Industries Are Going Higher
2014-10-21 22:06:32| Paper - Topix.net
However, shares declined slightly during the company's conference call. This surprised Jim Cramer, the co-manager of the Action Alerts PLUS portfolio , which has United Technologies as a holding.
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UPDATE 2-Verizon posts higher revenue as consumers use more data
2014-10-21 19:52:03| Telecom - Topix.net
Verizon Communications Inc posted higher third-quarter revenue on Tuesday as it attracted more customers after cutting prices and as data-hungry consumers watched more videos on its network and used more devices, boosting their monthly bills. Verizon's quarterly profit per share missed Wall Street estimates by a penny.
Tags: data
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Verizon Posts Lower Profit, Higher Revenue
2014-10-21 15:37:17| IT Services - Topix.net
Verizon Communications Inc on Tuesday posted lower quarterly earnings, but revenue rose as it added customers to its wireless business. Verizon reported a third-quarter profit of $3.79 billion, or 89 cents per share, compared with $5.6 billion, or 78 cents per share, a year earlier.
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Verizon wireless margin dips on higher hardware sales
2014-10-21 14:38:00| Telecompaper Headlines
(Telecompaper) Verizon reported another quarter of double-digit earnings growth in Q3, as it passed the milestone of over 100 million retail postpaid mobile connections. Earnings rose to USD 0.89 per share from USD 0.78 a year ago, driven by the buy-out of Vodafone's stake in Verizon Wireless. Operating revenues increased 4.3 percent year-on-year to USD 31.6 billion and were up 4.9 percent excluding divestments. The US operator maintained its outlook for around 4 percent revenue growth over the full year, but said the EBITDA margin will depend on the performance of the wireless activities in Q4. The wireless margin in Q3 was lower, due in part to higher costs for increased tablet sales. The company expects to reach the high end of its capital expenditure forecast of USD 16.5-17.0 billion this year, after spending USD 12.6 billion in the first nine months of 2014.
Tags: sales
hardware
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wireless
Genuine Parts Posts Higher Profit, Helped by Acquisitions
2014-10-21 03:26:55| Auto Parts - Topix.net
Genuine Parts Co. said its third-quarter earnings rose 9.7% as the automotive-replacement parts distributor reported sales growth across all its businesses, in large part due to recent acquisitions.
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