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Unilever Profit Falls After Year-Earlier Gains

2016-01-19 12:14:26| Food - Topix.net

Unilever PLC reported lower profit for the fiscal year as the company came up against a year-earlier period in which results were buoyed by gains from divestitures, however core profit and revenue both climbed. The maker of Magnum ice cream, Dove soap and Axe deodorant posted net profit of a 4.91 billion , compared with a 5.17 billion in the same period last year.

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UPDATE 1-CSX Q4 profit falls on lower freight volumes

2016-01-12 23:35:27| Railroads - Topix.net

"With negative global and industrial market trends projected for 2016, full-year earnings per share are expected to be down compared to 2015, chief executive Michael Ward said in a statement. "CSX will continue to be rigorous about efficiency, resources and service quality in order to maximize shareholder value."

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Samsung Q4 profit falls short of expectations

2016-01-08 08:56:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics said its fourth-quarter operating profit rose by 15 percent year-on-year, less than market estimates. In a preliminary report, the company said operating profit rose to KRW 6.1 trillion from KRW 5.29 trillion a year earlier, and quarterly revenues were up 0.5 percent year-on-year to KRW 53 trillion. Full results for the quarter will be released at the end of January. Samsung earlier forecast a difficult year ahead for the electronics giant, due to increasing competition in smartphones and semiconductors and the weak global economy. Especially in emerging markets the company sees financial risks, said CEO Kwon Oh-hyun in a New Year message to employees, media reported. 

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Deere profit falls on slowed farm equipment sales

2015-11-25 15:59:09| Industrial Machines - Topix.net

Deere & Co , an agriculture and construction equipment maker, posted higher-than-expected quarterly earnings on Wednesday even as weak global demand for farm equipment and soft commodity prices pressured sales. REUTERS: Deere & Co , an agriculture and construction equipment maker, posted higher-than-expected quarterly earnings on Wednesday even as weak global demand for farm equipment and soft commodity prices pressured sales.

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Earnings Watch: XPO Losses, Revenue Grow; USA Truck Profit Falls

2015-11-05 02:11:27| Trucking - Topix.net

XPO Logistics, which closed this week on its purchase of Con-Way Inc., reported more revenue but a bigger loss in its third-quarter earnings report, while the mainly truckload fleet USA Truck showed a smaller profit. XPO Logistics Inc. reported a net loss of $35.4 million for the quarter, compared with a net loss of $11.6 million for the same period in 2014.

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