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AT&T posts drop in underlying earnings as TV market ht by Covid-19 restrictions
2020-04-22 13:48:00| Telecompaper Headlines
(Telecompaper) AT&T reported first-quarter revenues down 4.6 percent to USD 42.8 billion, as its WarnerMedia division suffered from the Covid-19 outbreak's impact on the film and TV industry and the operator continued to lose pay-TV subscribers. Ongoing cost-reduction efforts helped limit the impact on profits, and AT&T said it was on track with its strategic investments, while conserving cash for the upcoming economic slowdown. Given the economic uncertainty, the group withdrew its guidance for the year.
Loblaw feels impact of special items, Q4 net earnings drop by more than one-third
2016-02-25 15:39:03| Grocery - Topix.net
Loblaw Companies Ltd. says that its fourth-quarter profit was down by more than one-third compared with the prior year, largely because of special items including the write-down of some assets that are set aside for sale. Canada's largest grocery and pharmacy retailer says net income for shareholders fell to $128 million, or 31 cents per share.
Werner Raises Fourth-Quarter Profit; Landstar Earnings Drop Slightly
2016-01-30 10:08:56| Trucking - Topix.net
Werner Enterprises Inc. , which ranks No. 16 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers, raised fourth-quarter net income 12% to $36.6 million, or 51 cents per share, and No.
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GSK sees drop in earnings after asset swap with Novartis
2015-07-29 15:23:08| Biotech - Topix.net
Britain-based drugmaker GlaxoSmithKline has reported a drop in earnings in the first full quarter since its deal to swap some assets with Swiss rival Novartis. Second-quarter net income fell to 149 million pounds from 654 million pounds a year earlier.
Nucor earnings drop compared to first half of 2014
2015-07-27 11:55:16| Steel - Topix.net
Nucor Corp. , Charlotte, North Carolina, has announced net earnings of $192.6 million, or 60 cents per share, in the first half of 2015, compared to earnings of $258.1 million, or 80 cents per share, in the first half of 2014. In the second quarter of 2015, however, the company earned 39 cents per share, an improvement over the 21 cents per share earned in the previous quarter.
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