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Knowles shares gain after loss narrows

2015-07-28 00:49:17| Industrial Machines - Topix.net

For the current quarter, the former consumer-electronics unit of Dover Corp. projects profit of seven cents to 15 cents a share and revenue of $285 million to $305 million, including the effect of its recent acquisition of Audience Inc. Analysts surveyed by Thomson Reuters had projected a profit of 28 cents a share with $290.7 million in revenue. Chief Executive Jeffrey Niew said company officials estimate Audience, part of Knowles' mobile consumer unit, will bolster sales by about $10 million but also cost the company about 18 cents a share in profit.

Tags: loss gain shares knowles

 

Morning Movers: Biogen Tumbles on Trial Data; Coca-Cola, Boeing Gain on Earnings

2015-07-22 19:20:20| Industrial Machines - Topix.net

Yesterday, it was the silly price weighting of the Dow that caused that index to fall more than the others . Today, it's the Nasdaq's turn to underperform.

Tags: data trial morning gain

 
 

Ortley Beach Supermarket Will Gain Acme Label

2015-07-22 00:59:29| Grocery - Topix.net

The store, part of the Great Atlantic and Pacific Tea Company chain, is being purchased by Acme as part of the chain's sell-off plans. Shoppers who frequent the Ortley Beach A&P will have to get used to the store having a new name: the A&P at Ortley Plaza is among 76 stores that are being purchased by ACME Markets, the company announced.

Tags: beach gain label supermarket

 

GE proposes concessions to gain EU approval for Alstom deal

2015-07-20 01:00:00| Power Technology

US-based General Electric (GE) has stated its committment to pursuing the proposed $17bn acquisition of French Alstom's power business and has offered concessions to address the European Union's regulatory concerns about the deal.

Tags: deal gain approval proposes

 

Share market posts best weekly gain since February, closes flat

2015-07-17 11:44:01| Agriculture - Topix.net

After a three-day rally, the Australian share market ran out of steam today, ending the day flat despite posting its best weekly gain since early February. The All Ordinaries put on just 3 points to 5,653 and the ASX 200 was steady at 5,670.

Tags: february share posts market

 

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