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Russian new-car sales continue steep decline in January

2016-02-09 01:01:57| Auto Dealers - Topix.net

Russian new-car sales plunged 29 percent last month, extending a collapse from 2015 that is forcing the government to spend billions of rubles more to support the ailing auto industry. Continued weakness in oil prices is adding to the plight of automakers already wrestling with low consumer demand and ruble devaluation.

Tags: january sales continue russian

Ford Motor: January Sales Decline Is Not A Game Changer For This Income Stock

2016-02-06 22:47:35| Auto Dealers - Topix.net

Ford's sales in the U.S. declined 2.6% Y/Y in January vs. a consensus estimate of a 2.4% decline. Moderate economic growth and low gasoline prices should spur car, SUV, and pickup sales in the U.S. in 2016.

Tags: this january sales game

Comtech Telecommunications sales, net income decline

2015-12-10 02:33:00| Telecom - Topix.net

Comtech Telecommunications Corp. Wednesday posted lower sales and net income for the quarter ended Oct. 31 on weakness in its telecommunications transmission business. The Melville maker of communications systems for military and civilian markets reported that first quarter sales fell 16.1 percent compared to the year-earlier quarter, to $64.1 million.

Tags: net sales income telecommunications