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Alaska Air Group says 2Q results set record
2014-07-24 17:10:35| Airlines - Topix.net
The Seattle parent of Alaska Airlines and Horizon Air reported adjusted second-quarter net income of $157 million, or earnings of $1.13 per share.
West Marine Reports Second Quarter 2014 Results and Updates 2014 Earnings Guidance
2014-07-24 14:07:34| Mobile Homes - Topix.net
Net income was $18.3 million, or $0.75 per share, compared to net income of $22.2 million, or $0.90 per share last year.
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LG Electronics strong quarterly results reflect turnaround of mobile business
2014-07-24 13:08:48| Electronics - Topix.net
LG Electronics Inc. announced a 165 percent increase in second-quarter net profit compared with the same period last year, reflecting strong earnings from both the TV and mobile operations.
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Griffon Corporation Schedules Conference Call to Discuss Third Quarter Fiscal 2014 Financial Results
2014-07-24 10:20:18| Agriculture - Topix.net
Griffon Corporation announced today that it will release the Company's third quarter fiscal 2014 financial results Wednesday, July 30, 2014, followed by a conference call at 4:30 PM ET.
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Nokia Q2 results still lower, sees better H2
2014-07-24 08:43:00| Telecompaper Headlines
(Telecompaper) Nokia reported lower sales and operating profit in the second quarter, but said its main Networks division should do better over the full year. In the first quarter since the sale of its handset business, Nokia posted revenues of EUR 2.94 billion, down 7 percent from a year earlier on a pro forma basis. Adjusted operating profit fell 19 percent to USD 347 million, while the net loss narrowed slightly, to USD 0.01 per share from USD 0.02. Nokia Networks achieved an adjusted operating margin of 11.8 percent, and Nokia said it now expects the division to exceed its long-term target of 5-10 percent this year. Networks should also return to revenue growth in the second half of the year. Total profit was still down at the networks division in Q2, to EUR 281 million from EUR 328 million a year ago, and net sales dropped to EUR 2.6 billion from EUR 2.8 billion. Excluding currency effects and divestments of non-core businesses, sales at Nokia Networks would have increased 1 percent year-on-year. Nokia otherwise benefited from increased licence revenue from Microsoft nthe quarter, as well as the proceeds from the handset sales. This left the company with net cash of EUR 6.5 billion at the end of June. It also paid off EUR 1.5 billion in convertible bonds from Microsoft and EUR 950 million in Nokia Networks debt, leaving it with no remaining financial covenants.
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