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United States Steel (X) Stock Rises Today After Nucor's Earnings Report

2015-04-24 00:59:17| Steel - Topix.net

Nucor reported a profit of $67.8 million, or 21 cents a share, down 39% year-over-year from $111 million, or 35 cents a share. Still, this was above the company's projections for earnings of 10 cents to 15 cents a share.

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Dow profit rises 45 percent as margins expand

2015-04-23 14:16:26| Chemicals - Topix.net

Dow Chemical Co reported a better-than-expected quarterly profit, helped by higher margins in five of its six units. Operating EBITDA margins rose 3 percent to their highest level since 2005, as Dow's shift in focus to high-margin businesses from volatile commodity businesses paid off.

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O'Reilly Automotive's profit rises 22%

2015-04-23 00:51:36| Auto Parts - Topix.net

O'Reilly Automotive Inc. on Wednesday said its profit rose in the first quarter on higher sales and better margins, continuing a trend of 15% or greater profit growth for the past six years. The Springfield, Mo., auto-parts retailer, which recently has been building its distribution network and expanding its store footprint, had projected improved results driven by lower gas prices and wear and tear of older vehicles, particularly those out of warranty, as customers have opted for spending more to repair cars rather than buy new ones.

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Broadcom profit beats as demand rises from smartphone makers

2015-04-22 00:47:08| Wireless - Topix.net

Wireless chip maker Broadcom Inc reported higher-than-expected quarterly revenue and profit, helped by strong sales of its WiFi and broadband chips to handset makers such as Apple Inc and Samsung Electronics Co Ltd. Shares of Broadcom, which also forecast current-quarter revenue above analysts' expectations, rose 4 percent in extended trading on Tuesday. The company is benefiting from strong demand for newly-launched smartphones such as Apple's iPhone 6 and Samsung's Galaxy S6.

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Credit Suisse quarterly profit rises

2015-04-21 08:40:26| BBC News | Business | UK Edition

Credit Suisse says quarterly profit rose by 23% from a year earlier because of gains from its securities trading and wealth management divisions.

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