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Sears 1Q loss narrows but sales slump continues

2015-06-08 19:07:59| Real Estate - Topix.net

Sears' first-quarter loss narrowed but sales continue to slump as the retailer prepares the rollout of its real-estate investment trust this week to raise cash. Sears Holdings Corp., which operates Sears and Kmart stores, said that it expects the real estate investment trust that it is forming, Seritage Growth Properties, will be declared effective by the Securities & Exchange Commission this week.

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UTi Worldwide Narrows Fiscal Quarter Loss

2015-06-05 16:07:24| Logistics - Topix.net

UTi Worldwide Inc. narrowed its loss for the fiscal 2016 first quarter to $35.4 million, or 35 cents per share, from the prior year period loss of $43.4 million that included one-time debt reduction costs. UTi, Long Beach, California, reported that revenue fell 6.8% to $973.3 million during the period ended April 30, 2015.

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UTi Worldwide narrows Q1 loss but misses estimates

2015-06-04 23:18:23| Logistics - Topix.net

Revenue decreased 6.8% to $973.3 million, from $1,043.9 million a year ago. Analysts polled by FactSet had expected the trucking and logistics company to report a loss of 15 cents a share on sales of $1.02 billion.

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MTS India's revenues jump 12%, net loss narrows in Q1

2015-06-03 09:38:00| Telecompaper Headlines

(Telecompaper) Mobile operator Sistema Shyam TeleServices (SSTL), which operates in India under the MTS brand, posted revenues of INR 3.57 billion in the first quarter of the year, which represents an increase of 12 percent compared to the year-earlier quarter. Total revenue growth was mainly boosted by data services, the company said.

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Indigo narrows full-year loss to $3.5M; revenue improves despite fewer stores

2015-05-27 01:21:50| Industrial Machines - Topix.net

Indigo Books & Music Inc. improved its fourth-quarter and full-year net loss as Canada's largest book, gift and specialty toy retailer reported improved revenue and margins in both periods. Indigo reported after markets closed Tuesday that its net loss for the quarter was $13.9 million, down from $14.4 million from the year-earlier period as revenue rose $1.9 million to $186.2 million.

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