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Tigerair posts first quarterly profit in over a year

2015-01-26 07:40:15| Airlines - Topix.net

Tigerair made a profit after tax of S$2.2 million for the quarter ended Dec 31, 2014, turning around from a loss after tax of S$118.5 million in the same period a year ago. SINGAPORE: Local budget carrier Tiger Airways Holdings posted its first quarterly profit in over a year on Monday , helped by a cutback in capacity that helped it fill a larger proportion of its seats.

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CSX Posts Higher Quarterly Profit

2015-01-13 23:29:46| Railroads - Topix.net

CSX Corp , the third-largest U.S. railroad, on Tuesday reported a higher quarterly profit that was in line with analyst expectations and said it expected a strong increase in its freight business and double-digit earnings growth during 2015. CSX's fourth-quarter profit rose on the back of an 11 percent rise in coal shipments, a 5 increase in intermodal and 5 percent for its "merchandise" shipments that include agricultural, chemical and construction products.

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Oracle reports slight drop in quarterly profit, but a bump in sales

2014-12-18 00:37:25| Telecom - Topix.net

Technology giant Oracle reported second-quarter fiscal earnings on Wednesday that slightly beat Wall Street's expectations, but said its profit slumped from the same period a year ago. The corporation said its profit of $2.5 billion was down 2 percent from the second quarter last year, but its sales rose 3 percent to $9.6 billion.

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Oracle reports slight drop in quarterly profit, but a bump in sales

2014-12-17 23:45:22| IT Services - Topix.net

Technology giant Oracle reported second-quarter fiscal earnings on Wednesday that slightly beat Wall Street's expectations, but said its profit slumped from the same period a year ago. The Redwood City corporation said its profit of $2.5 billion was down 2 percent from the second quarter last year, but its sales rose 3 percent to $9.6 billion.

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FedEx Quarterly Profit Rises, Falls Short Of Analyst Expectations

2014-12-17 15:39:30| Air Courier - Topix.net

Package delivery company FedEx Corp reported a 23 percent jump in quarterly profits on Wednesday driven by higher U.S. domestic package and international export volumes, but fell short of analyst expectations. The Memphis-based company reported net income of $616 million for the quarter ending Nov. 30, compared with $500 million a year earlier.

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