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Nintendo posts quarterly profit, operating income returns to black on video game sales

2015-10-28 12:25:35| Electronics - Topix.net

Nintendo Co. posted a 3.17 billion yen profit for the fiscal second quarter, buoyed by sales growth of portable video game machines and software titles.

Tags: video black sales posts

 

Group 1 says Q3 adjusted income rises 16% to $46 million

2015-10-28 10:45:25| Auto Dealers - Topix.net

Group 1 Automotive Inc. reported strong third quarter earnings as robust new and used car sales in both the U.S. and United Kingdom more than offset weaker performance in its Brazilian operations. The nation's third-largest dealership group said adjusted net income rose 16 percent to $46 million, on revenue of $2.8 billion, an all-time record.

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Sprint plan could cut off affordable Internet for low income people

2015-10-28 08:37:54| Wireless - Topix.net

Sprint plans on shutting down an outdated cellular network next week. But two nonprofits are fighting Sprint in court, saying that the shutdown will cut off Internet access to low-income individuals, the elderly, and the disabled.

Tags: internet people plan low

 

Merck beats 3Q net income expectations, misses revenue forecasts

2015-10-28 05:29:52| Biotech - Topix.net

The drugmaker Merck & Co. on Tuesday said its third-quarter profit more than doubled, as heavy cost-cutting from its ongoing restructuring more than offset lower sales and the impact of unfavourable currency exchange rates.

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Swiss drug maker Novartis says Q3 net income drops following sale of shares to Merck last year

2015-10-27 12:55:47| Biotech - Topix.net

Swiss pharmaceutical giant Novartis says net income fell 42 per cent in the third quarter, largely due to the sale of its hepatitis drug unit a year earlier and provisions for legal settlements and fees. The company says the integration of businesses from a multibillion-dollar product exchange with rival GlaxoSmithKline earlier this year is on track.

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