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Campbell's 2015 sales, earnings fall as company bites down on restructuring bullet
2015-09-09 00:56:30| Food - Topix.net
Campbell Soup Company continues to be impacted by restructuring costs and falling sales. But an uptick in organic sales buoyed the company as it embarks on a previously announced plan to restructure its portfolio as it released its fourth quarter 2015 earnings statement.
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Air New Zealand earnings to fall due to Qantas moves
2015-06-21 11:02:10| Airlines - Topix.net
Air New Zealand's earnings are poised to come under significant pressure as a result of Qantas Airways' strategy of launching regional Jetstar flights in New Zealand and threatening to enter the monopoly New Zealand-mainland North America market in partnership with American Airlines, analysts say. A Credit Suisse analysis has revealed Kiwi passengers in economy class are paying on average 38 per cent more per kilometre on non-stop flights between New Zealand the mainland US compared with what Australian passengers on Qantas pay per kilometre on the longer flights between Sydney and Melbourne and Los Angeles.
Exxon Mobil sees Q1 earnings fall 46 percent - but still making billions
2015-04-30 19:43:08| Chemicals - Topix.net
Tanks and towers are pictured at an ExxonMobil Chemical S.A. facility in Pasadena, Texas Wednesday, June 2, 2004. Photographer: Mike Fuentes/Bloomberg News Exxon Mobil Corp. earned $4.9 billion in the first quarter, down 46 percent from the same period in 2014, the company announced Thursday.
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Whirlpool cuts outlook after earnings fall short
2015-04-28 14:31:16| Appliances - Topix.net
Whirlpool Corp. reported a first-quarter profit that missed analysts' estimates and reduced its full-year outlook as adverse currency effects and weaker demand in Brazil cut into sales. The home appliance manufacturer said in February that it expected a higher profit this year as raw material costs fall and as the company begins to reap benefits from last year's acquisitions in Europe and Asia.
Hyundai's 1Q earnings fall as car sales drop
2015-04-23 08:58:55| Auto Dealers - Topix.net
Hyundai Motor Co. said Thursday its first-quarter profit dropped due to lower vehicle sales at home and abroad and the strong local currency.
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