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CN Rail profit rises, sticks with full-year forecast

2015-07-20 23:00:46| Railroads - Topix.net

Canadian National Railway Co. reported stronger than expected second-quarter earnings on Monday and said it still expects double-digit growth in earnings per share for the full year, even as shipment volume slipped.

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Nordea net profit rises in second quarter

2015-07-16 09:08:45| Appliances - Topix.net

Nordea Bank AB , the Nordic region's biggest bank, Thursday said the Greek uncertainty had clouded visibility and made its corporate and institutional customers more cautious in the quarter, as it reported a larger-than-expected 39% rise in second quarter net profit. Net profit at the Stockholm-based bank rose to 952 million euros in the second quarter, from EUR686 million in the same period a year earlier when a restructuring charge of 190 million euros weighed on the result.

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CSX profit rises, stock gains

2015-07-15 02:09:32| Railroads - Topix.net

CSX Corp. said Tuesday that profit rose 4.5% during its latest quarter, though falling coal volume weighed on revenue, which retreated 5.5% and came in below analysts' estimates. Low fuel costs helped the rail company slash expenses to $2.04 billion from $2.24 billion during the same period a year ago.

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Winnebago profit rises above expectations

2015-06-25 17:30:02| Automakers - Topix.net

Winnebago Industries Inc. posted a bigger-than-expected increase in earnings for its latest quarter, helped by higher revenue from a rise in motor home sales. Motor home revenue rose 7.4%, mostly on 11.4% higher shipping volume while the average selling price for the units fell.

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La-Z-Boy profit rises, revenue misses estimates

2015-06-17 00:05:06| Furniture - Topix.net

Furniture manufacturer and retailer La-Z-Boy Inc. said Tuesday that profit rose in its fiscal fourth quarter thanks to improved margins, but revenue fell short of estimates. The Michigan-based company last year stopped its domestic production of wood furniture, exited the hospitality business and started importing wood furniture.

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