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CSX announces all-time record quarterly financial results in 2Q 2015

2015-07-22 12:58:03| Railroads - Topix.net

JACKSONVILLE, Fla. - CSX Corporation announced financial results for the second quarter of 2015, including net earnings of $553 million, or an all-time record $0.56 per share, an increase from $529 million, or $0.53 per share, in the second quarter of 2014.

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Apple quarterly revenues up 33%, ships 35% more iPhones

2015-07-21 23:57:00| Telecompaper Headlines

(Telecompaper) Apple reported revenues for its fiscal third quarter to June up 33 percent year-on-year to USD 49.6 billion, better than the company's forecast. Apple's net profit was also up sharply, to USD 10.7 billion or USD 1.85 per share compared to USD 7.7 billion or USD 1.28 per share in the year-ago quarter. The growth was fueled by continued strong sales of the iPhone, which sold 47.53 million units and generated revenue of USD 31.4 billion. Unit sales were up 35 percent from a year earlier but down 22 percent from fiscal Q2. Apple did not release any figures for its new smartwatch, grouping it with other products such as Apple TV, Beats accessories and the iPod, which together generated USD 2.5 billion in revenue in the quarter. CEO Tim Cook said Apple saw a "great start" for Apple Watch in the quarter, while also setting a new record for revenues from services in the period. For its fiscal fourth quarter, Apple forecast revenues of USD 49-51 billion and a gross margin of 38-39.5 percent, down slightly from 39.7 percent in the previous quarter. 

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Harley-Davidson reports quarterly profit decline

2015-07-21 19:48:07| Automakers - Topix.net

Wisconsin's Harley-Davidson reports a smaller profit for its last quarter, amid lower foreign sales due to a stronger U.S. dollar. The Milwaukee-based motorcycle legend had a net income of just under $300 million from April through June, down 15 percent from the same time a year ago.

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Auto Dealer Stocks Eye Revved-Up Quarterly Earnings

2015-07-20 22:12:08| Auto Dealers - Topix.net

Most dealers have benefited from an improving market for new vehicle sales. Industry researcher Autodata recently reported that U.S. light-vehicle sales in June increased 3.9% from the prior year to 1.48 million units.

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Futures are mixed as quarterly results begin to obscure Greece.

2015-07-20 02:01:08| Toys - Topix.net

Stock index futures opened mixed Sunday evening after an equally up-and-down session Friday. The Nasdaq surged to new highs to end last week on the back of Google 's blowout earnings report.

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