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Landstar posts strong revenue growth in fourth quarter
2015-01-29 20:00:56| Trucking - Topix.net
Strong revenue growth in the final quarter of 2014 capped off a year in which Landstar System Inc. saw revenue grow by almost 20 percent. Net income for both the year and the quarter fell from the previous period, due in large part to the sale of the Landstar Supply Chain Solutions companies boosting results in the fourth quarter of 2013.
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ConocoPhillips Posts Loss, Cuts Capex Again
2015-01-29 14:53:50| Oil & Gas - Topix.net
ConocoPhillips , the largest independent oil and gas company, on Thursday reported a quarterly loss and again slashed its 2015 capital expenditures, citing lower crude prices. ConocoPhillips, which previously announced plans to cut 2015 spending by 20 percent in December, said it now expects to spend $11.5 billion, down from a prior projection of $13.5 billion.
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SEB posts rising profit, sets new capital targets
2015-01-29 08:40:40| Appliances - Topix.net
Skandinaviska Enskilda Banken AB Thursday set out new capital targets, raised its dividend and reported a 35% rise in fourth quarter net profit, driven by higher fee and commission income and lower credit losses. Net profit at the Stockholm-based bank rose to 5.69 billion Swedish kronor in the three months ending Dec. 31, up from 4.22 billion kronor in the year-earlier quarter.
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AT&T posts hefty net loss, customer numbers up
2015-01-28 01:00:00| Total Telecom industry news
U.S. telco talks up changing revenue mix following major acquisitions at home and in Mexico.
Corning Posts Gorilla-Size Profit Growth On Buyouts
2015-01-27 22:36:39| Chemicals - Topix.net
It projected continued strong sales this quarter. Earnings per share climbed 55% to 45 cents in Q4, beating forecasts by 7 cents a share.
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