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Cirrus Logic posts lower Q2 profits, higher revenue

2014-10-30 22:07:12| Electronics - Topix.net

The Austin-based company posted a quarterly profit of $852 million, or 1 cent per share, on revenue of $210.2 million compared with a profit of $1 billion, or 16 cents per share, on revenue of $152.5 million during the same period last year. On a non-GAAP basis, Cirrus Logic reported earnings of 68 cents per share versus analysts' estimates of 54 cents per share.

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Cirrus Logic posts lower Q2 profits, higher revenue

2014-10-30 15:51:44| Semiconductors - Topix.net

The Austin-based company posted a quarterly profit of $852 million, or 1 cent per share, on revenue of $210.2 million compared with a profit of $1 billion, or 16 cents per share, on revenue of $152.5 million during the same period last year. On a non-GAAP basis, Cirrus Logic reported earnings of 68 cents per share versus analysts' estimates of 54 cents per share.

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Auto Dealers Drive Third-quarter Profits Higher At Ally Financial

2014-10-29 16:36:34| Auto Dealers - Topix.net

Commercial auto loan balances, which includes the financing of dealers' inventories, real estate and other operations, increased around 11 percent to around $31 billion. That pace was nearly double the growth in consumer auto loan balances over the same period.

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PG&E profits jump on higher utility bills and lower charges for natural gas pipeline work

2014-10-28 19:55:10| Energy - Topix.net

PG&E profits soared in the third quarter, primarily due to increased revenue from rate increase and lower charges related to the company's work on its natural gas-pipeline system in the wake of a fatal explosion in San Bruno, the utility reported Tuesday. The company earned $814 million on revenue of $4.94 billion in the July-September quarter.

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GM promises higher profits, dividends

2014-10-02 00:27:19| Auto Dealers - Topix.net

General Motors announced aggressive profit and sales targets in a meeting with investors Wednesday, and pledged to return more money to shareholders through increasing dividends. CEO Mary Barra said GM now expects company-wide profit margins to hit between 9% and 10% early in the next decade -- nearly double its 2013 profit margin.

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