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CSX Expecting More Modest Full-Year Earnings Growth Reflecting Challenging Weather Conditions

2014-03-17 09:00:14| Railroads - Topix.net

"The severe weather has challenged CSX operations and volume, with the impact on first quarter earnings now expected to approach per share," Eliasson said.

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CSX Expects "More Modest" Earnings Growth Due to Weather

2014-03-12 15:41:17| Railroads - Topix.net

Freight railroad CSX Corp. said its first-quarter and full-year 2014 earnings will be lower than previously expected because of severe weather early in the year.

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AT&T sees earnings growth slowing in 2014

2014-01-29 09:02:00| Telecompaper Headlines

(Telecompaper) AT&T reported fourth-quarter revenues up 1.8 percent from a year earlier to USD 33.2 billion. Adjusted operating profit rose to USD 5.2 billion from USD 4.2 billion, giving a margin of 15.5 percent, and adjusted EPS was up 20.5 percent to USD 0.53. Net profit reached USD 6.9 billion, versus a loss of USD 3.9 billion a year ago, thanks to one-time gains on pension holdings and the sale of America Movil shares. These were offset in part by charges for debt redemption and lay-offs. AT&T reported operating cash flow of USD 34.8 billion for the year, down from a record USD 39.2 billion in 2012 due to higher cash tax payments and device financing. Capital expenditure rose to USD 21.2 billion from USD 19.7 billion in 2012 on the roll-out of the LTE network, which now covers nearly 280 million people. The LTE deployment is expected to be substantially complete by this summer, after which AT&T said it will focus more on developing new services for the network, such as the connected car and home automation. The operator also announced a new efficiency drive called Project Agile, which is expected to "streamline and improve" every part of the business. Execution of the project has already started and will be a focus in 2014.

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Diageo Pours Double Shot of Earnings Growth and Diddy's Tequila

2014-01-10 07:33:22| Beverages - Topix.net

Diddy and Diageo are hoping to replicate the success of their Ciroc vodka venture, which resulted in a 40-fold increase in sales as Diddy fronted for Diageo's label.

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Breakup Story: DuPont Has Great Earnings Growth Potential

2013-12-22 13:00:30| Chemicals - Topix.net

Parting ways with things is usually a difficult thing to do, whether it's a girlfriend, your first car, or even your favorite foods when starting a diet.

Tags: great story potential growth

 

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