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Target's miss hits executives in wallet

2015-05-03 12:52:58| Beverages - Topix.net

MINNEAPOLIS – Target Corp. eliminated some stock payouts normally given to top executives as penalty for the company's failed expansion in Canada, a regulatory filing showed Monday. The move dented the portfolios of Target's leaders since they won't have shares they might have otherwise received as part of their 2014 compensation.

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STMicroelectronics (STM) Stock Falls on Earnings Miss

2015-05-01 09:53:50| Semiconductors - Topix.net

STMicroelectronics reported earnings of 1 cent a share for the first quarter, below analysts' estimates of 2 cents a share. Revenue fell 6% year over year to $1.71 billion in the first quarter, compared to analysts' estimates of $1.74 billion for the quarter.

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Nations miss climate fund deadline

2015-04-30 17:39:00| Climate Ark Climate Change & Global Warming Newsfeed

Agence France-Presse: Nations missed a self-imposed deadline to firm up pledges worth $4.7 billion (4.2 billion euros) to the Green Climate Fund (GCF) by Thursday, mustering arrangements for less than $4 billion, the fund said. This leaves it short of the threshold to start funding projects to curb dangerous climate change, GCF executive director Hela Cheikhrouhou told journalists by teleconference from Songdo, South Korea. "The fund has successfully signed agreements for close to $4 billion from 21 countries, representing...

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GrubHub Investors Queasy After Q1 EPS Miss, Outlook

2015-04-29 21:54:47| IT Services - Topix.net

GrubHub reported Q1 revenue of $88.25 million, above the consensus estimate of $85.4 million. That's up 51% from the year-earlier period and maintains a string of double- or triple-digit growth going back 13 quarters.

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Ecolab downgrades profit forecast after first-quarter miss on profits and sales

2015-04-28 20:56:06| Chemicals - Topix.net

"While food service and light industrial markets continue to show improving trends, energy markets contracted faster than expected and currency headwinds have increased," Ecolab CEO Doug Baker said. Ecolab Inc. said it will deliver lower profits this year than earlier forecasted after missing analysts' expectations for first-quarter profits and revenue.

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