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Tag: profit falls
Exxon's 1Q profit falls 46 percent amid decline in oil price
2015-04-30 15:42:49| Energy - Topix.net
Lower oil prices pushed Exxon Mobil Corp.'s first-quarter profit down 46 percent, but the results still beat Wall Street expectations. Exxon said Thursday that it earned $4.94 billion - a huge sum but the weakest first quarter for the oil giant since 2009.
Samsung Profit Falls on Slowing Smartphone Sales
2015-04-29 02:55:22| Semiconductors - Topix.net
Samsung Electronics Co. reported a 39% drop in net profit Wednesday, marking its fourth straight quarter of declines for the first three months of this year on slowing smartphone sales.
Tags: sales
samsung
falls
profit
Kraft Foods profit falls as sales dip
2015-04-28 23:46:12| Food - Topix.net
The Northfiled, Ill., company, which was spun off in 2012 from Mondel z International Inc., is now merging with H.J. Heinz Co. The merger is expected to close in the second half of 2015 and would create the third-largest food and beverage company in North America, with about $28 billion in revenue, and is expected to result in about $1.5 billion in annual savings by the end of 2017.
Tags: sales
falls
profit
foods
Fresh Del Monte Profit Falls
2015-04-28 16:29:12| Agriculture - Topix.net
Fresh Del Monte said on Monday that first-quarter earnings fell 27%, as strength in its banana business couldn't offset the negative impact of the strong dollar and quality issues with some fresh produce.
Honda fiscal Q4 operating profit falls 32% on recall costs, flat car sales
2015-04-28 14:26:42| Automakers - Topix.net
Tepid sales and a barrage of recall costs hammered profits at Honda Motor Co. in the latest quarter, forcing the carmaker to miss its main targets for full-year earnings and unit sales.
Tags: sales
car
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operating
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