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TSX rises amid major pharmaceutical deal making, solid Canadian Pacific earnings
2014-04-22 19:42:23| Railroads - Topix.net
The S&P/TSX composite index gained 24.35 points to 14,518.03. The Canadian dollar gave up early gains to move down 0.19 of a cent to 90.6 cents US as the U.S. dollar strengthened in the wake of data showing existing-home sales fell 0.2 per cent last month to an annual rate of 4.59 million, higher than the annual rate of 4.55 million that economists ... (more)
CP Rail profit rises to $254-million, revenue edges up
2014-04-22 14:25:10| Railroads - Topix.net
Canadian Pacific Railway Ltd.'s net income rose by 16 per cent in the first quarter, a sign the Calgary-based carrier overcame the harsh winter as it posted a profit of $254-million or $1.44 a share.
ZTE Q1 profit triples, revenue rises 5.5%
2014-04-17 17:39:00| Telecompaper Headlines
(Telecompaper) ZTE reported first-quarter profit more than tripled, as the company posted increased revenue amid growth in the global 4G market. Net profit was CNY 622 million, up 203.5 percent from the prior year. Basic earnings per share were CNY 0.18, at the top end of the forecast issued by the company. Revenue rose 5.5 percent to CNY 19.05 billion.
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Confidence Rises Among Contractors
2014-04-17 16:07:00| Electrical Construction & Maintenance
Gains in the Associated Builders and Contractors Construction Confidence Index indicate that contractor confidence expanded as 2013 wound to a close, particularly with respect to near-term industry profit margins and staffing levels. read more
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Exxon CEO's Compensation Rises 3 Percent To $28.1M
2014-04-11 21:53:11| Energy - Topix.net
The CEO of Exxon Mobil Corp. received compensation worth $28.1 million last year, a 3 percent increase over the previous year, according to an Associated Press analysis of a company regulatory filing.
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