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Boeing profits hit by tanker charge

2015-07-22 14:51:07| BBC News | Business | UK Edition

US aerospace firm Boeing has reported a 33% fall in quarterly profit after taking a charge over delays to a military refueling aircraft.

Tags: hit charge profits boeing

 

Two Transport Firms, Truck Dealer Report Lower Second-Quarter Profits

2015-07-22 09:42:40| Logistics - Topix.net

Intermodal specialist Hub Group Inc. reported net income fell less than 1% to $18.5 million, or 51 cents per share, as revenue also was little changed, rising 1% to $900 million. Forward Air Corp. net income dropped 31% to $11.8 million, or 38 cents, because of costs to implement the acquisition of rival Towne Air.

Tags: report lower transport dealer

 
 

Strong US dollar hurts Q2 profits of Switzerland's Novartis

2015-07-21 10:17:59| Biotech - Topix.net

Swiss-based pharmaceutical company Novartis says second-quarter net income dropped 32 percent over the same quarter last year, brought down primarily by poor performance from associated companies and negative effects of a strong U.S. dollar. Second-quarter net income was $1.856 billion, down from $2.723 billion in the same quarter in 2014.

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Canadian National Railway reports profits of $886 million in second quarter

2015-07-21 05:25:43| Railroads - Topix.net

Canadian National Railway has reported profits of $886 million in the second quarter, an increase of 4.6 per cent compared to the same period last year. The Montreal-based company saw those profits despite flat revenue of $3.125 billion, a three per cent decrease in car loadings and a seven per cent decline in revenue ton-miles.

Tags: second national reports million

 

Toshiba 'inflated profits by $1.2bn'

2015-07-20 16:43:10| BBC News | Business | UK Edition

Toshiba overstated its operating profit by 151.8bn yen ($1.22bn, 780m) over several years, according to a report.

Tags: toshiba profits inflated 12bn

 

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