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Jan. 22 Roundup: J.B. Hunt, Covenant Post Higher 4Q Earnings
2015-01-22 21:23:34| Trucking - Topix.net
J.B. Hunt Transport Services and Covenant Transportation Group reported stronger fourth-quarter profits, providing a positive early look at quarterly financial results for large, publicly traded trucking companies. J.B. Hunt said its fourth-quarter net income rose to $110 million, or 93 cents per share, from $92 million, or 77 cents, a year earlier.
Verizon misses earnings estimates as price pressure takes toll
2015-01-22 20:27:56| IT Services - Topix.net
Verizon Communications Inc., the largest U.S. wireless carrier, missed analysts' fourth-quarter profit estimates as a surge in sales of deeply discounted phones squeezed margins. Photo Credit: AP Verizon Communications Inc., the largest U.S. wireless carrier, missed analysts' fourth-quarter profit estimates as a surge in sales of deeply discounted phones squeezed margins.
Tags: price
takes
pressure
toll
Verizon misses earnings estimates as price pressure takes toll
2015-01-22 20:14:38| Telecom - Topix.net
Verizon Communications Inc., the largest U.S. wireless carrier, missed analysts' fourth-quarter profit estimates as a surge in sales of deeply discounted phones squeezed margins. Photo Credit: AP Verizon Communications Inc., the largest U.S. wireless carrier, missed analysts' fourth-quarter profit estimates as a surge in sales of deeply discounted phones squeezed margins.
Tags: price
takes
pressure
toll
Maxim Integrated Products Earnings Projected to Drop
2015-01-22 12:52:11| Semiconductors - Topix.net
Wall Street is expecting lower profit for Maxim Integrated Products when the company reports its second quarter results on Thursday, January 22, 2015. Analysts are expecting earnings per share of 29 cents after the company booked a profit of 36 cents a share a year earlier.
Tags: products
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Precision Castparts Third Quarter Fiscal 2015 Earnings Sales +5% to...
2015-01-22 11:39:13| Industrial Machines - Topix.net
Precision Castparts Third Quarter Fiscal 2015 Earnings Sales +5% to $2.46 Billion; EPS of $3.09, +5% Per Share From Continuing Operations Organic sales up 2 percent year over year, despite headwinds from an aerospace customer's inventory actions, year-end shipment deferrals, softening oil & gas markets, and extended equipment maintenance PORTLAND, Ore., Jan. 22, 2015 -- Precision Castparts Corp. reported its results for the third quarter of fiscal 2015: "Our third quarter performance included some clear achievements, but we also faced some real challenges in several of our end markets," said Mark Donegan, chairman and chief executive officer of Precision Castparts Corp. .
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