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Lower gas prices boost Us Suv sales in October

2014-11-03 19:31:01| Auto Dealers - Topix.net

GM, Toyota , Chrysler, Nissan, Volkswagen and Honda all reported sales gains last month. Only Ford's sales fell 2 percent as it cut back on F-Series pickup sales ahead of the launch of a new F-150 later this year.

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Alcatel-Lucent improves margin, sales still lower in Q3

2014-10-30 08:34:00| Telecompaper Headlines

(Telecompaper) Alcatel-Lucent reported third-quarter revenues down 5.9 percent year-on-year to EUR 3.254 billion, as growth in the Asian LTE market was offset by weaker managed services in Europe and slower equipment sales in North America. The company's adjusted operating profit still improved, to EUR 170 million from EUR 113 million a year ago, on ongoing cost cuts in the 'Shift Plan'. Alcatel cut costs by EUR 73 million in Q3, for cumulative savings of EUR 645 million. SG&A expenses were notably down 13.6 percent compared to Q3 2013. The company still recorded a net loss of EUR 18 million, versus a loss of EUR 200 million a year ago, and operating cash flow was a negative EUR 61 million versus a positive 38 million a year earlier. Excluding restructuring charges, Alcatel managed EUR 1 million in free cash flow, and the company said it still expects to return to recurring free cash flow in 2015. CEO Michel Combes said Alcatel had entered the second chapter of the Shift Plan and would now focus on innovation to drive growth. 

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Markets Surge; McDonald's Posts Lower Sales

2014-10-21 18:15:42| Steel - Topix.net

Following the market opening Tuesday, the Dow traded up 0.46 percent to 16,474.87 while the NASDAQ surged 1.33 percent to 4,373.45. The S&P also rose, gaining 1.05 percent to 1,924.06.

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Why Pratt & Whitney's Lower Aftermarket Parts Sales Is Not A Big Concern?

2014-09-19 17:41:02| Paper - Topix.net

Great Speculations' contributor page is devoted to investing ideas that will help make you wiser and richer. Most articles will contain actionable advice.

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US: Lower shoe sales hit Weyco in Q2

2014-08-06 11:23:00| Daily apparel & textile news and comment - from just-style.com

Sales fell and earnings remained flat for US footwear business Weyco in the second quarter shoe sales declined.

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