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Data I/O Q3 net income, earnings jump; stock rises

2014-10-31 19:54:59| Semiconductors - Topix.net

Third-quarter net income and sales both increased dramatically at Seattle-based programming firm Data I/O Corp., and its shares rose in early Friday trading. Data I/O reported third-quarter net income rose to $646,000, or 8 cents per share, from $146,000 or 2 cents per share, a year earlier.

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Exxon posts surprise profit jump on refining

2014-10-31 14:16:45| Energy - Topix.net

ExxonMobil Corp. profits rose 3 percent in the third quarter as strong refining performance offset lower revenues from falling oil prices and production. The company said Friday it earned $8.07 billion on revenue of $107.49 billion in the third quarter.

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Volkswagen Q3 profits jump 56 percent

2014-10-30 18:17:26| Automakers - Topix.net

In this Nov. 9, 2012 file photo worker Michael Keil checks a Golf VII car during a press tour at the plant of the German car manufacturer Volkswagen AG in Zwickau, central Germany. Volkswagen AG says Thursday, Oct. 30, 2013, that net profit jumped 56 percent in the third quarter as the company sees continuing sales growth in China and Europe.

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Nutrition profits jump 23% in mixed DuPont Q3 results

2014-10-29 23:19:25| Chemicals - Topix.net

DuPont is reaping the benefit of its a 5bn 2011 acquisition of Danish proteins, probiotics, flavours, colours and enzymes giant Danisco, with its nutrition and health division showing 23% profit growth in a "sluggish" world market. "T his was another strong quarter for our Nutrition & Health segment," said VP of investor relations, Greg Friedman, in a conference call on the Q3 results for the chemicals giant.

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LG Q3 revenues jump 7.4% on record smartphone sales

2014-10-29 08:08:00| Telecompaper Headlines

(Telecompaper) LG Electronics has reported third-quarter revenues of KRW 14.92 trillion (approximately USD 14.54 billion), which represents an increase of 7.4 percent year-on-year. Third-quarter operating profit reached KRW 461.3 billion, more than double the figure from the same period a year ago. Net profit jumped to KRW 203 billion from KRW 109 billion a year ago. Earnings reflected a strong performance from LG's mobile business which saw record smartphone sales in the third quarter with sales of 16.8 million units, the company said.

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