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Honda's profit drops on air bag recall woes despite weak yen

2015-04-28 10:17:06| Automakers - Topix.net

Honda's profit for the fiscal fourth quarter dropped 43 percent as the costs of air bag recalls offset the positives of a weak yen and strong vehicle sales in Asia. Honda Motor Co.

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Profit drops at Canada's Rogers Communications as customers exit

2015-04-20 23:52:39| Wireless - Topix.net

Canada's Rogers Communications Inc posted an unexpected 17 percent drop in quarterly profit on Monday as the cable, phone and media company struggled to hold on to customers during a period of industry-wide turbulence. During the quarter, the Toronto-based company had to deal with regulatory changes in both its wireless and television markets.

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China Mobile Q1 profit drops 5.6% to CNY 23.8 bln

2015-04-20 12:07:00| Telecompaper Headlines

(Telecompaper) China Mobile saw its first-quarter revenues grow 3.9 percent year-on-year to CNY 160.8 billion, and EBITDA rose 2.8 percent to CNY 59.1 billion. EBITDA margin declined to 36.8 percent from 37.2 a year ago. Net profit dropped 5.6 percent to CNY 23.8 billion.

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Aetna 4Q profit drops but meets forecasts, guidance climbs

2015-02-03 17:54:30| Biotech - Topix.net

Aetna closed 2014 by matching Wall Street earnings expectations, and the insurer raised its forecast for 2015 thanks in part to a price break it got on some expensive hepatitis C treatments. The nation's third-largest health insurer said Tuesday that it now expects full-year operating earnings of at least $7 per share, up a dime from its previous forecast.

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Diageo Profit Drops

2015-01-29 10:28:30| Beverages - Topix.net

Diageo PLC has turned in an 18% decline in first-half profit with a drop in revenue in North America weighing on the U.K. drinks group's performance. The world's biggest liquor company by sales said on Thursday that net profit decreased to A 1.31 billion in the six months to Dec. 31 from A 1.60 billion in the same period a year ago.

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