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Southwest Airlines posts 4Q profit, results beat Wall Street forecasts
2015-01-22 16:08:15| Airlines - Topix.net
On a per-share basis, the Dallas-based company said it had net income of 28 cents. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were 59 cents per share.
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Verizon posts healthy Q4 despite $2bn net loss
2015-01-22 01:00:00| Total Telecom industry news
U.S. telco added 672,000 postpaid phone customers in fourth quarter of 2014; churn rose.
IBM posts fourth-quarter revenue below estimates
2015-01-20 23:48:06| Electronics - Topix.net
International Business Machines Corp reported quarterly revenue that missed analysts' estimates, as it grapples with dwindling demand for its servers and storage products. IBM forecast 2015 operating earnings of $15.75 to $16.50 per share, just shy of analysts' average estimate of $16.51 per share, according to Thomson Reuters I/B/E/S.
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Big Blue Posts Mixed Fourth Quarter
2015-01-20 23:48:05| Electronics - Topix.net
International Business Machines Corp reported a better-than-expected quarterly adjusted profit, helped by increasing demand for its fast-growing cloud business. Net income fell to $5.48 billion, or $5.51 per share, in the fourth quarter ended Dec. 31, from $6.19 billion, or $5.73 per share, a year earlier.
Delta posts 4Q loss after writing down fuel-hedging deals
2015-01-20 15:09:18| Airlines - Topix.net
Delta Air Lines Inc. reported a fourth-quarter loss because falling oil prices led it to write down the value of its fuel-hedging contracts, but the airline's results were still better than Wall Street expected. Excluding those items, Delta would have earned $649 million, or 78 cents per share.
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