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High Cost Holiday Season Dents UPS Profit

2015-02-03 15:40:57| Air Courier - Topix.net

United Parcel Service Inc on Tuesday reported a slightly lower quarterly profit after a disappointing peak holiday season during which its costs were higher than expected. The world's largest package delivery company reported a net profit for the fourth quarter of $1.15 billion, down nearly 2 percent from $1.17 billion the previous year.

Tags: high cost holiday season

 

Rising dollar dents profits

2015-01-30 01:02:21| Paper - Topix.net

Markets were jittery this week as Greece's new government dug in its heels ahead of negotiations with its creditors. But that wasn't the only problem.

Tags: dollar rising profits dents

 
 

Cold weather dents U.S. sales forecast for 2014

2014-03-21 11:09:34| Auto Dealers - Topix.net

Industry consultants LMC Automotive and J.D. Power said they cut their joint 2014 forecast for U.S. auto sales to adjust for slow sales in January and February due to cold weather.

Tags: sales cold weather forecast

 

Foreign exchange dents Gap profit forecast for new fiscal year

2014-02-28 16:58:29| IT Services - Topix.net

Gap Inc on Thursday reported a higher-than-expected holiday quarter profit, helped by January sales gains, but the fashion company said it expected unfavorable currency exchange rates will hit its full-year profit.

Tags: year exchange foreign profit

 

Lower sales dents Q3 profit at Spain's Telefonica

2013-11-08 22:18:06| Telecom - Topix.net

Spanish telecommunications company Telefonica posted a 21 percent drop in net profit in the third quarter following lower sales and the weakness of Latin American currencies against the euro.

Tags: sales lower profit dents

 

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