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Greif sales, net income drop in second quarter

2015-06-10 13:53:48| Industrial Machines - Topix.net

Greif Inc. has posted a decrease in profit and sales for the fiscal second quarter, hurt by foreign currency exchange rates and a drop in North American sales. The Delaware-based packaging manufacturer reported net income of $20.8 million in the quarter that ended in April, down from $38.4 million in the prior-year quarter.

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Comtech Telecommunications net sales drop 19 percent

2015-06-05 11:03:35| Telecom - Topix.net

Comtech Telecommunications Corp. Thursday reported third quarter net sales declined 19.4 percent to $71.6 million versus the year-ago period, as gains in mobile data failed to offset declines in the transmission and microwave amplifier businesses. After the market close, the Melville company posted net income of $5 million, or 30 cents per diluted share, for the three months ended April 30... Comtech Telecommunications Corp. Thursday reported third quarter net sales declined 19.4 percent to $71.6 million versus the year-ago period, as gains in mobile data failed to offset declines in the transmission and microwave amplifier businesses.

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Joy Global buys French firm, reports drop in sales and profits

2015-06-04 17:56:55| Industrial Machines - Topix.net

The slow-down in coal and copper mining, combined with low commodity prices, dragged down sales of Joy Global Inc. mining equipment in the second quarter of 2015, the company said Thursday. The company, based in Milwaukee, sought to add revenue through the purchase of Montabert SAS, a French business that produces heavy equipment for hard rock mining and excavation.

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Columbus McKinnon sales, profits drop in 4Q

2015-05-28 18:13:33| Industrial Machines - Topix.net

Company CEO Timothy Tevens said sales started off slow in the quarter but ramped up, with especially encouraging growth in Germany. Profits for the manufacturer , which is headquartered in Amherst but has operations around the world, were affected by European factory consolidations and the cost of an acquisition announced in January.

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Area car sales drop 13 percent in March

2015-05-05 01:07:13| Auto Dealers - Topix.net

New-vehicle sales in the Dallas area dropped a surprising 13.4 percent in March, driven down apparently by too many wet weekends. The double-digit drop followed two months of higher sales in the Dallas-Fort Worth area, which were more typical for the area.

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