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IAG falls despite airline upping profit outlook as Q3 beats forecasts
2015-10-31 13:09:07| Airlines - Topix.net
The parent company of British Airways lent credence to the old adage that 'it is better to travel than arrive' as its shares dropped 4 per cent today despite an upgrade to its 2015 profit outlook. As third quarter earnings beat expectations, IAG said its full year operating profit should now come in at between a 2.25-2.30billion , having previously forecast an outcome of a 2.2billion .
Tags: falls
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airline
Exxon, Chevron beat earnings forecasts
2015-10-31 09:42:30| Chemicals - Topix.net
Despite a plunge in oil prices, both Exxon Mobil and Chevron turned in better-than-expected results, lifting their stocks. Bobbi Rebell reports.
Tags: beat
earnings
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exxon
Goodyear tops 3Q profit forecasts on lower costs
2015-10-30 08:25:05| Industrial Machines - Topix.net
New York a The Goodyear Tire & Rubber Co. on Thursday reported a boost in third-quarter profit on lower costs, but revenue slumped on lower sales of tires and a stronger U.S. dollar.
CN beats forecasts as Q3 profits up 18%
2015-10-29 20:34:25| Railroads - Topix.net
Canadian National Railway says it remains on track to deliver double-digit earnings growth for the year as net earnings surged 18 per cent in the third quarter despite lower volumes shipped. The country's largest railway beat expectations as it reported more than $1 billion in profits in the three months ended Sept.
Tags: up
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UPS tops 3Q profit forecasts despite dip in revenue
2015-10-28 13:37:49| Air Courier - Topix.net
UPS predicts that holiday-season deliveries will rise at least 10 percent from a year ago, to more than 630 million packages between Thanksgiving and New Year's Eve. The company expects its busiest day to be Dec. 22, the Tuesday before Christmas Day, when it expects to deliver more than 36 million packages - double the normal day's load.
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