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KPN Q1 customer growth unable to counter revenue slide

2015-04-30 02:00:00| Total Telecom industry news

Dutch incumbent sees good demand for bundled services but enterprise division still struggling.

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European shares slide

2015-04-28 18:25:16| Paper - Topix.net

European equities fell on Tuesday following some weaker-than-expected corporate updates, with mining equipment group Atlas Copco sliding after results while a new share issue hit Commerzbank. Commerzbank dropped 5.4 percent after the German bank launched a share sale to raise 1.4 billion euros from institutional investors to bolster its capital.

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Fresh Del Monte Produce profits slide

2015-04-28 16:29:11| Agriculture - Topix.net

The company booked net income of US$44.2m for the quarter to 27 March, down from $58.9m a year earlier. Operating income stood at $56.3m, versus $65.2m in the first quarter of 2014.

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Ford profit disappoints as sales slide

2015-04-28 15:01:34| BBC News | Business | UK Edition

Ford reports lower-than-expected profits for the first three months of 2015 after it sells fewer vehicles in North America and continues to lose money in Europe and South America.

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LabCorp sees revenues jump from Covance deal, but profits slide

2015-04-28 08:14:57| Biotech - Topix.net

Laboraratory Corp. of American saw its revenues rise during the first quarter thanks largely to its purchase in mid-February of drug development services company Covance . But that boost in revenues didn't translate into stronger profits, with the Burlington-based LabCorp posting net earnings of only $700,000 after more than $100 million in costs related to the Covance deal were factored in.

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