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Stein Mart swings to Q3 net loss

2014-11-21 23:48:00| Daily apparel & textile news and comment - from just-style.com

Off-price fashion retailer Stein Mart has swung to a loss in its third-quarter but said it plans to open at least ten new stores and relocate two stores in 2015, in addition to closing two stores.

Tags: net loss stein mart

 

ThyssenKrupp swings to profit

2014-11-20 08:49:41| Steel - Topix.net

German steelmaker ThyssenKrupp AG said it has resumed its dividend payment and reported its first annual net profit in four years, driven by strong growth in the group's capital goods businesses. Net profit for the fiscal year ended September 30 was 210 million euros , compared with a loss of EUR1.44 billion the previous year.

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Molson Coors swings to US$34-million Q3 loss on charges for European brands

2014-11-07 00:13:59| Beverages - Topix.net

The Molson Coors Brewing Company swung to a US$34.4 million net loss in the third quarter from a US$134 million profit a year ago primarily due to a $360-million impairment charges for two European brands. Excluding one-time items, its adjusted profit reported in U.S. dollars fell 2.7 per cent to $271.5 million.

Tags: loss brands european charges

 

Suncor profits fall during the third quarter on lower prices, currency swings

2014-10-30 06:06:45| Oil & Gas - Topix.net

The Suncor Refinery in Edmonton is seen on Tuesday, April 29, 2014. Oilsands giant Suncor Energy Inc. has posted third quarter net earnings of $919 million, or 63 cents per share, down from nearly $1.7 billion, or $1.13 per share, a year earlier.

Tags: prices lower fall quarter

 

Broadcom swings to profit

2014-10-22 00:39:48| Semiconductors - Topix.net

Broadcom Corp. swung to a profit in the third quarter, driven by growth in its broadband and connectivity business and cost-cutting as it moves to close its cellular-chip business. The semiconductor company said in July it was cutting about 2,500 jobs as it winds down its cellular-chip business.

Tags: profit swings broadcom

 

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