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News Summary: 3M 2Q profit up; weak growth in US
2013-07-26 05:08:46| Chemicals - Topix.net
THE ECONOMY: 3M Co. CEO Inge Thulin said the company has been dealing with a "slow-growth economy," but net income rose 2.6 percent.
UPDATE 2-Tempur Sealy slashes forecast on weak North America sales
2013-07-26 01:09:00| Furniture - Topix.net
Mattress maker Tempur Sealy International Inc slashed its full-year profit forecast as it continued to battle weak sales at its high-end Tempur brand in North America, while the acquisition of the mass-market Sealy brand dragged down second-quarter gross margins.
Tags: north
sales
america
update
Today's oil prices fall on weak demand; drop in dollar caps slide
2013-07-26 01:00:00| Offshore Technology
Oil prices declined again today over concerns about China's economic slowdown and decades of high oil production in the US; however, a further fall was restricted due to a weak US dollar and supply disruptions in the Middle East and Africa.
Statoil sees Q2 earnings sink on weak oil prices
2013-07-25 11:41:44| Oil & Gas - Topix.net
Lower oil and gas prices weighed heavily on second-quarter earnings at Norway 's Statoil, even though production levels were more or less unchanged.
Hyundai's 2Q earnings down 1 per cent as weak SKorean sales drag
2013-07-25 09:30:38| Automakers - Topix.net
Hyundai Motor Co. said its April-June earnings fell as weak domestic car sales that stemmed from labour strife undermined its brisk overseas performance.
Tags: sales
cent
weak
earnings
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