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Amazon Web Services: Not Many Dents In That Armor

2016-04-02 01:11:43| IT Services - Topix.net

AWS is growing at just under 70% in the latest quarter, is enjoying the steepest ramp ever seen in the IT space at its scale. The public cloud as a whole is now starting to attract all sizes of enterprises - far beyond what had previously assumed and they are moving standard workloads to the cloud.

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Treehouse Foods: Competitive pressure dents sales but earnings rise 2.3%

2016-02-18 20:57:08| Food - Topix.net

Treehouse Foods has said 2016 marks the " beginning of an important journey " as it focuses on integrating the private label business it has acquired from ConAgra Foods. While reporting its financial results for the final quarter of last year, Treehouse said it expected net sales to double in 2016 to between $6.3bn and $6.5bn as a result of the acquisition of ConAgra private label operations in categories including snacks, nuts and crackers; cereal; bars; pasta and frozen bakery.

Tags: sales pressure rise competitive

 
 

Investment bank's downgrade dents U.S. Steel shares; CarHop fined...

2015-12-18 06:21:26| Steel - Topix.net

U.S. Steel shares fell 10 percent Thursday after Deutsche Bank downgraded the stock to sell from hold. The investment bank also downgraded AK Steel and iron ore producer Cliffs Natural Resources, citing the steel indistry's constrained cash flows and weak commodity prices.

Tags: investment steel banks shares

 

Takata crisis dents keiretsu argument

2015-11-16 07:06:53| Automakers - Topix.net

That's a catastrophic turn of affairs for Takata after a run of quality glitches that have resulted in 19 million U.S. vehicle recalls and as many as eight deaths. Honda Motor Co.

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Outlook for U.S. apparel and footwear industry is weaker as dollar strength dents earnings: Moody's

2015-10-05 16:59:12| Apparel - Topix.net

The outlook for the U.S. apparel and footwear industry has deteriorated thanks to the strong dollar, which is denting earnings and sales, Moody's Investors Service said Monday. "While the hedges taken this year will partially protect margins, the strong US dollar will continue to have negative foreign currency translation effects on the industry's gross profits for the rest of this year," Scott Tuhy, a Moody's senior credit officer said in a statement.

Tags: industry apparel strength dollar

 

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