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Colt swings to 1H loss

2015-07-31 02:00:00| Total Telecom industry news

Restructuring charges, currency fluctuations, higher operating costs hit U.K.-based telco's earnings.

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Kennametal reports loss for 2015

2015-07-30 16:29:05| Industrial Machines - Topix.net

Fiscal fourth quarter profits fell 53 percent for Latrobe toolmaker Kennametal and the company reported a loss for all of fiscal 2015. The company reported net income for its fiscal fourth quarter of $21.1 million, or 26 cents per diluted share vs. earnings of $45.5 million, or 57 cents per share, in the year-ago quarter.

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Hess reports 2Q loss

2015-07-30 09:43:58| Oil & Gas - Topix.net

Hess Corp. on Wednesday reported a second-quarter loss of $567 million, after reporting a profit in the same period a year earlier. On a per-share basis, the New York-based company said it had a loss of $1.99.

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Combes leaves Alcatel-Lucent as net loss narrows

2015-07-30 02:00:00| Total Telecom industry news

Vendor posts first positive free cash flow since its creation in 2006, says Nokia takeover is on track.

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Universal Stainless reports second quarter loss

2015-07-29 16:49:21| Steel - Topix.net

Universal Stainless & Alloy Products today reported a second quarter loss, citing slumping demand from the oil and gas industry and customers who delayed purchases in anticipation of falling prices. The Bridgeville specialty steels producer said it lost $356,000, or 5 cents per share vs. earnings of $1.4 million, or 20 cents per share, in the year-ago quarter.

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