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Credit Suisse Cuts FedEx Price Target

2014-12-19 10:28:31| Air Courier - Topix.net

Credit Suisse cut its price target on FedEx Corporation from $179 to $177 after the company missed Q2 expectations. The firm maintained a Neutral rating.

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General Mills profit beats estimates due to cost cuts

2014-12-18 06:31:44| Food - Topix.net

General Mills Inc, the maker of Cheerios cereal and Betty Crocker cake mixes, reaffirmed its full-year forecast and reported a better-than-expected profit as it cut costs to battle weak sales in the United States. General Mills has embarked on a cost-saving program that aims to save more than $400 million in fiscal 2015.

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General Mills profit beats estimates due to cost cuts

2014-12-17 17:54:20| Agriculture - Topix.net

General Mills Inc, the maker of Cheerios cereal and Betty Crocker cake mixes, reaffirmed its full-year forecast and reported a better-than-expected profit as it cut costs to battle weak sales in the United States. General Mills has embarked on a cost-saving program that aims to save more than $400 million in fiscal 2015.

Tags: general due cost profit

 

Whirlpool cuts profit view for 2014

2014-12-16 03:59:40| Appliances - Topix.net

Whirlpool Corp. cut its financial forecast for the year and offered a weak forecast for 2015, citing integration costs related to recent acquisitions. The world's largest home-appliance manufacturer by sales said it now expects to close the year with a profit of $8 to $8.20 a share, down from $9.40 to $9.90 a share, largely due to the impact of new laundry products and costs associated to the integration of Italy's Indesit Co.

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American Realty Capital Cuts Ties With Schorsch

2014-12-15 17:20:00| National Real Estate Investor

By Dianna Britton, Managing Editor, WealthManagement.com Nicholas Schorsch has stepped down from his role as executive chairman and director of American Realty Capital Properties, the non-traded REIT sponsor he co-founded. Schorsch remains a majority shareholder in the company. He will also no longer serve on the board of directors of Cole Capital REITs. read more

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