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CN Rail profit rises, sticks with full-year forecast
2015-07-20 23:00:46| Railroads - Topix.net
Canadian National Railway Co. reported stronger than expected second-quarter earnings on Monday and said it still expects double-digit growth in earnings per share for the full year, even as shipment volume slipped.
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Grainger Slashes Full-Year Guidance, Tops Q2 EPS
2015-07-18 08:36:10| Industrial Machines - Topix.net
The industrial supply company now expects 2015 per-share earnings of $12 to $12.50, down from a prior outlook for $12.25 to $12.95, and flat to 2% sales growth vs. previous guidance for 1% to 4% growth. "Despite continued softness in sales and gross profit margins from a tough industrial economy , we continue to invest for the long term while driving significant productivity to fund growth and infrastructure investments and reduce overall margin pressure," Chairman and CEO Jim Ryan said in a statement.
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UPDATE 1-J&J profit beats Street; raises full-year forecast
2015-07-15 06:02:52| Food - Topix.net
Johnson & Johnson reported a better-than-expected profit as sales of its older drugs helped to offset the impact of a strong dollar on revenue from outside the United States. The healthcare conglomerate raised its profit forecast to $6.10-$6.20 per share, from $6.04-$6.19.
Tags: street
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FedEx Earnings, Revenue Miss; Full-Year View Weak
2015-06-17 17:09:01| Air Courier - Topix.net
's fiscal fourth-quarter earnings and revenue missed Wall Street estimates Wednesday on lower fuel surcharges, and its full-year outlook was also weak. The shipping giant's Q4 adjusted earnings rose 8% to $2.66 per share.
Quiksilver shares plunge after it ditches full-year forecasts
2015-06-10 06:31:11| Apparel - Topix.net
Shares in Quicksilver tumbled 32 per cent to US85c in New York - the biggest one-day decline since June last year. Turmoil at iconic Australian-born surfwear brand Quiksilver Inc has intensified after the surfwear group disappointed investors by ditching its full year forecast and indicating a turnaround in the North American business is moving slowly.
Tags: shares
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