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Cognizant 1Q results top Street, lifts full-year guidance

2015-05-04 20:37:45| IT Services - Topix.net

Shares in the information technology and consulting company quickly soared to an all-time high and traded more than 8 percent higher, the biggest gain on the Standard & Poors index. Cognizant earned $382.9 million, or 62 cents per share, for the three months ended March 31. A year earlier it earned $348.9 million, or 57 cents per share.

Tags: top results street guidance

 

CSX Full-Year Outlook Lowered on Weaker Volume Growth

2015-04-16 00:07:41| Railroads - Topix.net

Analysts have questioned whether boom times for railroads might be over, as stock prices have dipped and volumes are lower than expected CSX Corp. executives told analysts Wednesday that the railroad's outlook for the full-year has been curtailed by an unexpectedly weak first quarter in which volume rose only 1%, revenue was flat and industrywide growth was suppressed by coal, the stronger dollar and winter weather.

Tags: volume growth outlook lowered

 
 

Uniqlo owner Fast raises full-year profit view

2015-04-09 11:35:30| Apparel - Topix.net

Fast Retailing Co. , the operator of Uniqlo clothing stores, on Thursday revised up its earning forecast for the full business year ending in August, after it posted strong results for the first half thanks to brisk sales of winter clothes in its home market and a weaker yen that boosted the value of revenue overseas.

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China Mobile full-year profit slides

2015-03-19 01:00:00| Total Telecom industry news

Chinese telco plans to reduce 4G network capex in 2015 after heavy spending last year.

Tags: china mobile profit slides

 

Sika full-year net profit rises 28%

2015-02-28 03:58:37| Chemicals - Topix.net

Sika AG Friday reported a 28% increase in annual profit as the Swiss construction and industrial chemical maker continues fending off a hostile takeover bid from France's Saint-Gobain SA. Baar-based Sika said net profit for the 12 months to Dec. 31 rose to 441.2 million Swiss francs , from 344.7 million francs in 2013.

Tags: net profit rises net profit

 

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