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Tag: cost cuts
UPDATE 1-Occidental Petroleum cost cuts help profit to beat Wall Street
2013-04-26 13:26:42| Oil & Gas - Topix.net
ROB Insight is The Globe and Mail's exclusive feature led by a team of award-winning editors and writers who provide you with in-depth analysis on breaking business news and the issues that matter most.
Outokumpu Starts New Cost Cuts As Losses Triple, CFO To Quit
2013-02-15 03:05:30| Steel - Topix.net
Finnish stainless steel maker Outokumpu Oyj said Thursday it will target fresh cost cuts of EUR150 million a year by the end of 2014 after its net loss almost tripled to EUR308 million in the fourth-quarter, adding that Chief Financial Officer Esa Lager will resign this year for personal reasons.
Cost cuts boost Thomson Reuters profit as revenue outlook brightens
2013-02-13 16:32:15| IT Services - Topix.net
Thomson Reuters reported a 2 percent rise in quarterly operating profit on Wednesday, largely due to cost cutting, and forecast higher revenue in 2013 as its division that serves financial institutions begins to turn around.
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Panasonic returns to profit on cost cuts, yen drop
2013-02-01 10:31:18| Semiconductors - Topix.net
Japanese electronics maker Panasonic Corp. returned to the black last quarter as cost cuts and a weaker yen offset sliding sales.
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Cost cuts help Whirlpool counter weak demand
2013-01-31 22:56:53| Appliances - Topix.net
Whirlpool Corp reported a higher-than-expected quarterly profit and gave a strong outlook for 2013 on Thursday as price increases and cost cuts helped the world's largest appliance maker counter lackluster demand in Europe and North America.
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