je.st

Home › beat

Tag: beat

Facebook earnings beat expectations

2015-01-28 22:40:22| BBC News | Business | UK Edition

The social network reports fourth-quarter profits of $701m, a 34% increase from the same period a year earlier, buoyed by strong mobile advertising sales.

Tags: beat expectations earnings facebook

UPDATE 2-Electrolux shares hit record after profit beat and upbeat outlook

2015-01-28 22:16:51| Appliances - Topix.net

Home appliances maker Electrolux AB has raised its growth forecast for European markets this year after cost cuts powered it to a bigger than expected rise in quarterly earnings, sending its shares to a record high. The Sweden-based group, which makes fridges and dish washers under brands such as AEG and Zanussi as well as its own name, saw cost cuts in 2014 from years of plant closures kick in to fortify earnings amid tepid demand outside a firmly expanding U.S. market.

Tags: record hit update profit

A Warren Buffett Utility Looks to Beat Tax Expiration

2015-01-28 16:18:47| Semiconductors - Topix.net

Berkshire Hathaway's Nevada utility company NV Energy is doubling down on efforts to boost its renewable generation resources in order to ensure that projects qualify for tax incentives. The company announced this week that it would be seeking bids for 200 megawatts of renewable projects within a month, following an order from the Nevada Public Utilities Commission that urged the company to move faster because of uncertainty over incentives like the investment tax credit which will be reduced at the end of 2016.

Tags: tax beat utility warren

Broadcom must beat earnings estimates this quarter and guide with confidence. That's a tall order.

2015-01-28 13:13:51| Semiconductors - Topix.net

Will that performance continue? Investors in the chip giant should temper their expectations and start selling. Broadcom stock closed Tuesday at $41.34 , down 1.72%.

Tags: order guide beat quarter