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AGCO Q3 profit falls 48% to $65 million
2014-10-28 15:54:53| Industrial Machines - Topix.net
The Duluth, Ga.-based agricultural equipment maker reported a 48% drop in third-quarter profit due to the weak global market and production cuts. "Our third quarter results were impacted by weaker markets and significant production cuts aimed at controlling our company and dealer inventories," said Martin Richenhagen , AGCO chairman, president and CEO, in a statement.
Standard Chartered profit falls 16%
2014-10-28 06:32:23| BBC News | Business | UK Edition
Standard Chartered posts a 16% fall in operating profit because of a restructuring in its South Korean business and an increase in bad loans.
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Rogers adjusted profit misses estimate, falls more than expected to $405 million
2014-10-23 18:39:58| Telecom - Topix.net
Rogers Communications Inc. says its third-quarter profit declined more than 28 per cent as the telecom and media company pushed ahead with changes intended to improve its long-term performance. The Toronto-based cable and wireless company , which also owns one of Canada's largest media businesses, reported $332 million of net income, or 64 cents per share - down from $464 million, or 90 cents per share.
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Hyundai Motor's 3Q profit falls 28 percent
2014-10-23 10:47:01| Automakers - Topix.net
Hyundai Motor Co. said Thursday its profit sank nearly 30 percent for the July-September quarter, hurt by a stronger South Korean currency and weak sales growth in its home market.
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Supervalu Profit Falls 23%
2014-10-17 11:08:32| Grocery - Topix.net
Supervalu Inc. on Thursday reported a 23% drop in quarterly earnings, nicked by costs tied to recent data breaches, though sales at its Save-A-Lot discount chain continued to grow. The supermarket operator's profit for its fiscal second quarter fell to $31 million, or 11 cents a share, from $40 million, or 15 cents a share, a year earlier.
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