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Skyline Corp. Reports 2Q Loss on Sales Gains

2015-01-15 19:20:54| Mobile Homes - Topix.net

Manufactured home builder Skyline Corp. reported a net loss on an increase in sales for the Elkhart, Ind.-based company's second quarter, ended Nov. 30. Skyline noted that financials during the three-month period reflected the sale of its RV assets to EverGreen Recreational Vehicles LLC. In addition, the company said it established a relationship with a manufactured housing retailer that specializes in Internet-based marketing. Net sales from continuing operations of $49.7 million, an increase of 27% over net sales of $39.2 million from continuing operations in the year ago quarter.

Tags: sales reports loss corp

 

INTERVIEW: Apparel industry gains traction says IAF chief

2015-01-14 11:22:00| Daily apparel & textile news and comment - from just-style.com

The global apparel industry is expected to grow 3.5% to over $500bn this year, matching a similar gain in 2014 and consolidating a three-year recovery, according to the International Apparel Federation (IAF)'s new president Rahul Mehta.

Tags: industry chief apparel interview

 
 

Railroads Steam Toward Big Gains

2015-01-14 04:44:15| Railroads - Topix.net

How are plunging crude-oil prices affecting railroads? That's the crucial question as big North American freight railroads begin to report their fourth-quarter earnings, with CSX Corp. posting a 15% rise in profit on Tuesday. The answer isn't what one might guess.

Tags: big gains steam railroads

 

CSX Corp. (CSX) Stock Gains in After-Hours Trading After Reporting Earnings

2015-01-13 23:29:47| Railroads - Topix.net

CSX reported earnings of 49 cents a share for the fourth quarter, in line with analysts' expectations for the quarter. The company recorded revenue of $3.2 billion for the fourth quarter, a 5.6% increase from the year-ago quarter, compared to analysts' estimates of $3.18 billion.

Tags: stock trading reporting corp

 

Billionaire's plan to break up DuPont gains steam

2015-01-11 14:18:00| Food - Topix.net

Billionaire investor Nelson Peltz accelerated his two-year campaign to break up the DuPont Co. last week by naming himself and three allies to run against CEO and chair Ellen Kullman and her backers, when shareholders vote in April.

Tags: plan break gains steam

 

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