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UPDATE 1-Kansas City Southern revenue beats on higher auto, grain shipments
2014-10-17 19:04:52| Railroads - Topix.net
Railroad operator Kansas City Southern's reported a higher-than-expected quarterly revenue as it shipped more grains and automobiles. Revenue from automotive shipments rose 28 percent in the third quarter ended Sept.
Cogeco Cable reports higher third quarter revenue, but lower profit
2014-07-10 06:12:25| Telecom - Topix.net
Cogeco Cable and its parent company Cogeco Inc. are reporting higher revenue but lower profits for the third quarter.
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Amazon shares slide as higher spending overshadows revenue beat
2014-04-25 18:18:07| Apparel - Topix.net
At least 13 analysts cut their price targets on the stock after the company reported the increase in spending that overshadowed better-than-expected quarterly revenue.
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Magna profit jumps to US$458 million on higher revenue, dividend going up
2014-03-03 14:40:39| Automakers - Topix.net
Magna International Inc. had US$458 million of net income in its fourth quarter as sales jumped 14 per cent from a year earlier.
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Verizon targets 4% revenue growth, higher EBITDA in 2014
2014-02-25 08:39:00| Telecompaper Headlines
(Telecompaper) Verizon has updated its guidance after completing its takeover of the rest of Verizon Wireless from Vodafone. As previously announced, the takeover is expected to add 10 percent to earnings per share. Verizon added a forecast for 4 percent revenue growth in 2014, compared with 4.1 percent growth in 2013. The US operator also expects growth in its adjusted EBITDA margin this year, compared to 34.9 percent last year, driven by improvements at both wireless and wireline. In addition, the company expects to deliver continued strong cash flow to fund network investments, reduce debt and support dividends. The takeover is expected to allow Verizon to introduce more converged fixed-mobile products to customers. A recently formed Product Development and Management organization will leverage all of Verizon's assets to develop innovative products quickly across the company's wireless, wireline, IP and cloud networks and platforms, the company said. Marni Walden, the former chief operating officer of Verizon Wireless, will lead the new organization.
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