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Tag: profits
CN beats forecasts as Q3 profits up 18%
2015-10-29 20:34:25| Railroads - Topix.net
Canadian National Railway says it remains on track to deliver double-digit earnings growth for the year as net earnings surged 18 per cent in the third quarter despite lower volumes shipped. The country's largest railway beat expectations as it reported more than $1 billion in profits in the three months ended Sept.
Tags: up
profits
beats
forecasts
Atlantic Tele-Network profits miss in mixed Q3
2015-10-29 17:55:20| Telecom - Topix.net
Atlantic Tele-Network has reported out a mixed Q3 where revenues gained and beat expectations but profits missed expectations and dropped due to reduced operating income and higher taxes. Revenue by segment: U.S. wireless, $47M ; International wireless, $20.4M ; Wireline, $21.8M ; Renewable energy, $5.1M ; Equipment and other, $2.5M .
Tags: miss
mixed
atlantic
profits
Smithfield Foods' profits down for third quarter
2015-10-29 12:17:41| Food - Topix.net
Smithfield Foods Inc. on Wednesday reported a sharp decline in profits for its third quarter, which executives attributed to reduced prices for the hogs sold by the company. Net income totaled $83 million for the quarter, which ended Sept.
Tags: third
quarter
foods
profits
Samsung Q3 profits up on growth in components
2015-10-29 08:15:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics reported a strong improvement in third-quarter profit as expected. Net profit rose to KRW 7.39 trillion from KRW 4.85 trillion a year ago, and operating profit improved to KRW 7.39 trillion from KRW 4.06 trillion. Revenues rose 8.9 percent to KRW 51.68 trillion, led by the display and semiconductor business, which grew revenue 24.7 percent to KRW 20.31 trillion. The mobile phone unit recorded sales up 10.3 percent to KRW 25.94 trillion. Samsung said it saw a strong increase in shipments compared to the second quarter, thanks to new smartphone models such as the Galaxy S6 Edge+, Note5, A8 and J5. However, the average selling price was under pressure from a cut in price for the S6 and increased sales in the mid- to low-end range. The tablet business was stable compared to previous quarter despite weak market demand, while the network equipment business increased profits thanks to LTE expansion contracts outside Korea. Samsung said it expects stronger demand for smartphones and tablets in Q4, while competition will intensify around the holiday season. It will focus on growing sales of its models released in Q3.
Tags: growth
components
samsung
profits
Woolworths profits to fall by a third
2015-10-29 06:59:40| BBC News | Business | UK Edition
Australia's biggest supermarket chain, Woolworths, said that profits would fall by up to 35% for the six months to December.
Tags: third
fall
profits
woolworths
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