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Weak Barbie sales cost Mattel over the holiday season

2015-01-30 14:20:59| Toys - Topix.net

In this Tuesday, Jan. 28, 2014, file photo, Barbie dolls, a Mattel product, are displayed in a Walmart store in Robinson Township, Pa. Mattel's fourth-quarter earnings released Friday Jan. 30, 2015 gave the first details on what contributed to a weak performance that led to the resignation of its chairman and CEO.

Tags: sales cost holiday season

 

Fiat Chrysler meets FY guidance as North America offsets weak Latam

2015-01-29 12:04:28| IT Services - Topix.net

The world's seventh-largest carmaker, which moved its primary listing to New York in October and is due to spin off luxury unit Ferrari later this year, reported operating profit adjusted for unusual items of 3.65 billion euros. This compares with a guidance range of between 3.6-4.0 billion euros and an analyst forecast of 3.4 billion euros, according to Thomson Reuters SmartEstimate.

Tags: north america north america meets

 
 

TeliaSonera revenues slow in Q4 on weak Eurasian markets

2015-01-29 08:19:00| Telecompaper Headlines

(Telecompaper) TeliaSonera reported fourth-quarter organic sales down 2.2 percent, hurt by weak economic conditions in its markets in Eurasia. Reported revenues were up 0.2 percent from a year earlier to SEK 26.61 billion, helped by currency effects. Adjusted EBITDA was down 3.5 percent excluding currency effects and fell 1.4 percent on a reported basis to SEK 8.60 billion. The margin dropped to 32.3 percent from 32.9 a year ago. TeliaSonera still increased net profit, by 34.2 percent to SEK 2.94 billion in the quarter, despite SEK 2.2 billion in impairment charges on the Eurasian assets. Over the full year, organic sales fell 1.8 percent, and the operator maintained its adjusted EBITDA margin at 34.9 percent, in line with its outlook. TeliaSonera also kept its dividend unchanged at SEK 3.00 per share, equal to a pay-out of 90 percent of net profit. For 2015, the operator again targets stable EBITDA excluding currency or M&A effects, at least the same dividend and capital expenditure of around SEK 17 billion excluding spectrum and licence fees, compared to SEK 15.3 billion in 2014.

Tags: slow markets weak revenues

 

US shares hit by weak earnings

2015-01-27 19:43:52| BBC News | Business | UK Edition

US stocks fall sharply following a string of disappointing company results.

Tags: hit shares weak earnings

 

Siemens Hurt by Weak European Economy

2015-01-27 13:39:16| Industrial Machines - Topix.net

Siemens AG has stuck to a forecast for improved earnings in its current fiscal year despite a near 25% fall in first-quarter net profit, held back by Europe's sluggish economy and lower oil prices.

Tags: european economy siemens hurt

 

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