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Tag: strong sales
May Auto Sales Strong, But Payrolls, Greece Loom for Stocks
2015-06-02 22:40:11| Auto Dealers - Topix.net
NEW YORK -- Auto sales for the month of May have come in better than expected, with all top four automakers reporting results ahead of expectations. Notably, pickup sales were strong, and average transaction prices -- particularly for General Motors "It's very bullish for the economy" to see light truck sales come in so strong, Jim Lebenthal, president of Lebenthal Asset Management , said on CNBC ' s "Fast Money Halftime Report."
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sales
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greece
Strong Car Sales Fuel Double-Digit Gains For CarMax
2015-05-30 03:36:50| Auto Dealers - Topix.net
's top and bottom lines a big lift. Last year's total of 16.5 million new vehicles sold in the U.S. was the highest since 2006, according to industry tracker Autodata.
Strong dollar chills Modine Manufacturing sales
2015-05-28 18:50:04| Automakers - Topix.net
A stronger U.S. dollar resulted in a 7 percent decline in fiscal fourth-quarter sales for Modine Manufacturing Co., though operating income increased 27 percent excluding the impact of an impairment charge in its South America segment and other expenses. Modine , a Racine-based manufacturer of radiators and other thermal management equipment, reported a fourth-quarter net loss, including charges and expenses, of $3.2 million, or 7 cents per share, compared with net income of $119.4 million, or $2.49 per share, in the same period the year before, which included an income tax benefit of $119.2 million during the fourth quarter of fiscal 2014 resulting from the reversal of the valuation allowance on certain U.S. deferred tax assets.
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strong
manufacturing
dollar
Strong Dollar Dents Tiffany's Quarterly Sales
2015-05-27 14:28:01| Jewelry - Topix.net
Luxury jeweler Tiffany & Co reported a 5 percent fall in quarterly sales as a strong dollar discouraged tourists from spending in its U.S. stores and reduced the value of overseas sales.
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strong
dollar
quarterly
Strong auto sales boost ANSA McAL
2015-05-17 13:37:12| Auto Dealers - Topix.net
Despite strong growth in many of its business units, ANSA McAL Ltd recorded marginally softer revenues and slightly lower profits in 2014. These results were primarily influenced by lower sales in Barbados and more challenging results in its financial services sector.
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