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3M 3rd-Quarter Net Income up 6 Percent

2014-10-23 14:40:49| Chemicals - Topix.net

Net income for the three months ending Sept. 30 after paying preferred dividends totaled $1.3 billion, or $2.02 per share, up from $1.23 billion, or $1.81 per share, last year.

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SEB profit surges on higher income, one-off gains

2014-10-23 10:50:34| Appliances - Topix.net

Swedish lender Skandinaviska Enskilda Banken AB Thursday reported a 46% surge in third-quarter net profit on higher net interest income and one-time gains, but cautioned that a more subdued business climate is starting to weigh on credit demand. Net profit at the Stockholm-based bank rose to 5.47 billion Swedish kronor on a 9% increase in net interest income to 5.17 billion kronor and 2.18 billion kronor in net other income, stemming from one-time capital gains from the sale of shares in MasterCard Inc. and a number of closed venture capital deals.

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Verizon reports higher 3Q net income, revenue

2014-10-21 23:39:32| IT Services - Topix.net

Verizon Communications Inc. on Tuesday reported higher net income and revenue in its third quarter, helped by strong wireless subscriber growth and demand for its high-speed FiOS Internet services. Verizon, which bought out its wireless division from British cellphone carrier Vodafone Group this year, said it added 1.5 million net retail wireless connections in the quarter up 44 percent from the same time last year.

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Harley-Davidson tops 3Q net income expectations

2014-10-21 15:22:56| Automakers - Topix.net

Harley-Davidson Inc.'s third-quarter net income fell nearly 8 percent on a planned reduction of motorcycle shipments for the quarter. The Milwaukee company said Tuesday that it made $150.1 million, or 69 cents per share, from July through September.

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Flexsteel Posts Record 1Q Revenue and Income

2014-10-15 14:45:31| Furniture - Topix.net

Dubuque, Iowa-based furniture supplier Flexsteel Industries Inc. today reported record first quarter net sales and net income. Net sales were $109 million for the quarter ended Sept.

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