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Fiat Chrysler Says 'Uncertainty' in Auto Segment Pushing Shares Lower

2016-01-20 02:28:01| Auto Dealers - Topix.net

Sergio Marchionne, Fiat's chairman and CEO, said the fall in Fiat Chrysler shares is part of an overall weakness in the automotive segment due to uncertainty about subjects like emission regulations, connectivity and autonomous driving technology. Several prominent analysts have said Fiat Chrysler's goals are unrealistic.

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Delta posts $980 million 4Q profit on lower fuel prices

2016-01-19 15:13:30| Airlines - Topix.net

Cheaper jet fuel thanks to falling oil prices helped Delta Air Lines earn $980 million in the fourth quarter despite lower revenue than a year ago. Delta officials said demand for travel remained solid, but they forecast another decline in a key revenue measure through the first three months of 2016.

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Delta posts $980 million 4Q profit on lower fuel prices

2016-01-19 15:13:29| Airlines - Topix.net

In this May 15, 2014, file photo, a Delta Air Lines Boeing 757-232 lands at Tampa International Airport in Tampa, Fla. Delta reports quarterly financial results on Tuesday, Jan. 19, 2016.

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Intel forecasts modest revenue growth in 2016, lower margin

2016-01-15 08:36:00| Telecompaper Headlines

(Telecompaper) Intel reported fourth-quarter revenues up 1 percent year-on-year to USD 14.9 billion, better than the company's outlook. Operating profit fell 3 percent to USD 4.3 billion, and net profit dropped 1 percent to USD 3.6 billion or 74 cents a share. Intel CEO said Brian Krzanich the results were in line with expectations and represented a strong finish to the year. Over the full year, Intel saw a 1 percent fall in sales to USD 55.4 billion, and net profit declined 2 percent to USD 11.4 billion. For the full year 2016, Intel forecast revenue growth in the mid to high single digits. The gross margin is expected to fall to around 61 percent from 62.6 in 2015, due to the acquisition of Altera and factory start-up costs. R&D and capital spending will increase compared to 2015.

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Wedbush Analysts Lower Earnings Estimates for Casella Waste Systems Inc.

2016-01-15 03:03:47| Waste Management - Topix.net

Casella Waste Systems Inc. - Investment analysts at Wedbush reduced their Q4 2016 earnings per share estimates for shares of Casella Waste Systems in a report released on Tuesday, according to Zacks Investment Research . Wedbush analyst A. Kaschalk now forecasts that the firm will earn $0.00 per share for the quarter, down from their previous forecast of $0.01.

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