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United Technologies Expects Lower Defense Sales In 2014

2013-12-13 02:32:10| Paper - Topix.net

United Technologies Corp. expects slow defense sales and taxes to weigh on earnings next year, pushing the midpoint of its profit expectations below analyst expectations.

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Storage hardware sales hit by lower government spending

2013-12-06 18:03:44| InfoWorld: Top News

Storage vendors struggled with a decline in spending by the U.S. government and increased investment in public cloud capacity during the third quarter, according to IDC. Worldwide disk storage systems market sales decreased by 5.6 percent to $7.4 billion during the quarter, the analyst firm said on Thursday.

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Gildan Activewear grows Q4 profit on higher sales, lower costs; meets estimates

2013-11-21 17:23:16| Apparel - Topix.net

Gildan Activewear Inc. says its quarterly dividend will be increased 20 per cent starting in January, reflecting the apparel manufacturer's positive outlook for the coming year.

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Vivendi reports flat sales, lower profit in Q3

2013-11-15 08:59:00| Telecompaper Headlines

(Telecompaper) French media and telecom group Vivendi reported EUR 5.35 billion of revenue in the third quarter, compared to EUR 5.34 billion in the third quarter of 2012. Sales were driven by 18.5 percent growth to EUR 1.16 billion at Universal Music and a 6.8 percent increase to EUR 1.26 billion at Canal Plus, offset by lower sales at its other core operations, French operator SFR and Brazilian operator GVT. Group EBITA decreased 27.9 percent to EUR 587 million from EUR 814 million. Only Universal Music saw EBITA growth, of 36.6 percent to EUR 112 million, while EBITA at SFR declined by 37.8 percent to EUR 334 million. Vivendi's adjusted net profit fell by 14.8 percent to EUR 403 million from EUR 473 million. The group confirmed its annual targets and said it would continue looking at splitting its telecom and media assets.

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Lower sales dents Q3 profit at Spain's Telefonica

2013-11-08 22:18:06| Telecom - Topix.net

Spanish telecommunications company Telefonica posted a 21 percent drop in net profit in the third quarter following lower sales and the weakness of Latin American currencies against the euro.

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