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Hyundai's 1Q earnings fall as car sales drop
2015-04-23 08:58:54| Auto Dealers - Topix.net
A banner advertising Hyundai Motor Co.' s all-new Tucson SUV is displayed at the company's showroom in Seoul, South Korea, Thursday, April 23, 2015.
AT&T Q1 profits fall on acquisition costs, flat revenues
2015-04-23 07:38:00| Telecompaper Headlines
(Telecompaper) AT&T reported nearly flat revenues for the first quarter, due to tough competition in the mobile market and the sale of some of its wireline activities. Revenues were up just 0.3 percent year-on-year to USD 32.6 billion. If the divested Connecticut wireline properties are excluded, revenues rose 1.2 percent. Operating profit fell to USD 5.5 billion from USD 6.3 billion a year ago, hurt by a rise in costs for reducing staff and merger and integration expenses. Net profit dropped to USD 3.2 billion or USD 0.61 per diluted share, compared to USD 3.7 billion or USD 0.70 per share in the year-ago quarter. This includes 3 cents a share for voluntary employee separations, 4 cents for merger and integration expenses and a 5-cent gain from a tax item. After capital expenditures of USD 4.0 billion, free cash flow totaled USD 2.8 billion. AT&T said it was on track to meet its full-year guidance and close the acquisition of DirecTV in the second quarter. The company also increased the expected cost synergies from the acquisition to USD 2.5 billion per year, compared to an estimate of USD 1.6 billion when the deal was announced last year.
Coca-Cola Co "transition" year continues as Q1 sales rise, profits fall
2015-04-22 14:57:00| Daily beverage news and comment - from just-drinks.com
The Coca-Cola Co has seen its first-quarter numbers provide welcome relief, with sales and volumes both holding firm as profit declines slowed.
Profile America for April 22: The rise and fall of a New Cokea
2015-04-22 10:53:18| Beverages - Topix.net
Wednesday, April 22nd. On this date 30 years ago, executives at one of America's and the world's most famous consumer brands were confidently looking forward to the morrow.
Construction Starts Fall 13% in March, Dodge Data & Analytics Says
2015-04-22 01:14:18| ENR.com: Headline News
If megaprojects' figures are excluded, March showed a 4% uptick from the previous month.
Tags: data
march
fall
construction
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