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Chicken & prepared foods up, beef down in Tyson's Q3 results

2015-08-03 19:03:20| Food - Topix.net

Tyson Foods Inc. reported the following results for the third quarter. Sales increased 4% to approximately $10.1 billion, and adjusted operating income rose 40% to a record $568 million.

Tags: results prepared foods chicken

 

Activist Caspian Capital's Top Stock Picks For Q3

2015-07-30 07:59:24| Industrial Machines - Topix.net

Caspian Capital Partners is an activist hedge fund founded by Mark Weissman in 1997. Apart from Weissman, the fund's current top leadership comprises co-portfolio managers and principals Adam Cohen and David Coleto.

Tags: top stock picks activist

 
 

ELFA releases economic outlook for Q3.

2015-07-27 14:31:09| Industrial Newsroom - All News for Today

According to Q3 update to 2015 Equipment Leasing & Finance U.S. Economic Outlook, investment in equipment and software is expected to grow 5% in 2015 and GDP is expected to grow 2.6%. As U.S. economy rebounds from disappointing Q1, report predicts that business confidence will improve, which should encourage greater investment over second half of 2015. Outlook for 12 individual equipment and software verticals tracked in report is mixed, with some sectors outperforming others.

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Texas Instruments posts slightly higher Q2 profit on lower revenue, warns of a worse Q3

2015-07-23 00:40:57| Electronics - Topix.net

As Texas Instruments Inc. warned three months ago, its second-quarter financial results were lukewarm and it forecast that the July-to-September quarter will be even worse. The Dallas-based chipmaker today reported a slightly higher second-quarter profit on lower revenue as the company continued to battle weak demand in certain areas and big drops in foreign currency exchange rates relative to the strong U.S. dollar.

Tags: posts lower higher instruments

 

Intel trims FY outlook, sees better Q3

2015-07-16 08:53:00| Telecompaper Headlines

(Telecompaper) Intel reported second-quarter revenues of USD 13.2 billion, down 5 percent from a year earlier. The drop was due mainly to weakness in the PC market, with revenues at Intel's Client Computing Group down 14 percent year-on-year to USD 7.5 billion. Its data centre division grew revenues 10 percent to USD 3.9 billion, and IoT revenues were up 4 percent to USD 559 million. All three divisions also grew revenues compared to the first quarter of the year. Only the software and services segment posted sales flat on a sequential basis, at USD 534 million or down 3 percent year-over-year. Intel recorded a gross margin of 62.5 percent, slightly better than its forecast but still down 2.0 percent points from the year-earlier period. Operating profit fell 25 percent to USD 2.9 billion, and net profit was down 3 percent to USD 2.7 billion. Earnings per share were unchanged year-on-year at USD 0.55. For the third quarter, Intel forecast revenues of USD 14.3 billion, slightly better than the usual seasonal increase, and a gross margin around 63 percent. The company again cut its full-year outlook, now forecasting an around 1 percent drop in sales versus its previous forecast for flat revenues. The gross margin outlook was improved slightly to 61.5 percent from 61.0 percent. 

Tags: intel outlook sees q3

 

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