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Ericsson Earnings Fall Short as U.S. Rebound Stays on Hold
2016-01-27 20:37:05| Appliances - Topix.net
Ericsson AB's fourth-quarter profitability fell short of analysts' estimates as network sales in emerging markets such as Russia and Brazil continued to be weak and a rebound in North American mobile broadband spending failed to appear. The stock fell.
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Nordea posts bigger-than-expected profit fall
2016-01-27 11:12:36| Appliances - Topix.net
Nordea Bank AB , the Nordic region's biggest lender, Wednesday reported a bigger-than-expected fall in fourth-quarter net profit as negative interest rates weighed on its earnings. Net profit at the Stockholm-based bank fell to EUR848 million in the three months ending Dec. 31, from EUR877 million in the same period a year ago.
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AT&T revenue below forecasts, shares fall
2016-01-27 06:48:57| Telecom - Topix.net
AT&T Inc, the No. 2 U.S. wireless carrier, said fourth-quarter revenue grew less than expected as it added fewer mainstream wireless customers than a year ago due to stiffer competition from rivals.
AT&T revenue below forecasts, shares fall
2016-01-27 05:59:24| IT Services - Topix.net
AT&T Inc, the No. 2 U.S. wireless carrier, said fourth-quarter revenue grew less than expected as it added fewer mainstream wireless customers than a year ago due to stiffer competition from rivals.
UPDATE 1-Canadian National Railway profit beats as costs fall
2016-01-27 01:30:19| Railroads - Topix.net
Jan 26 Canadian National Railway Co reported a better-than-expected quarterly profit as costs fell due to lower fuel expenses. The company, which reported 2015 adjusted profit of C$4.44 per share, also said it expected earnings per share to grow in mid-single digit percent in 2016.
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