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Coke profit, revenue fall on flat soda market

2014-10-21 18:14:58| Beverages - Topix.net

The world's biggest beverage maker announced a new plan that it said will reduce costs by $3 billion a year by 2019. For this year, the company said it expects earnings per share to miss its long-term target of high-single-digit growth.

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Verizon Posts Lower Profit, Higher Revenue

2014-10-21 15:37:17| IT Services - Topix.net

Verizon Communications Inc on Tuesday posted lower quarterly earnings, but revenue rose as it added customers to its wireless business. Verizon reported a third-quarter profit of $3.79 billion, or 89 cents per share, compared with $5.6 billion, or 78 cents per share, a year earlier.

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Texas Instruments posts higher revenue and profit for third quarter 2014

2014-10-21 01:31:44| Semiconductors - Topix.net

Shares of Texas Instruments Inc. are compared with shares of the Philadelphia Semiconductor Index over the last month. Texas Instruments Inc. ignored signs of weakening in the semiconductor industry by reporting higher revenue and profits for the third quarter of this year.

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Texas Instruments' profit, revenue rise in Q3

2014-10-21 01:31:43| Semiconductors - Topix.net

"Revenue for the quarter was solidly in the upper half of our expected range and earnings were at the top of the range, marking another quarter of strong progress and execution," CEO Rich Templeton said about TI's third quarter. Texas Instruments Inc. reported a better than expected third quarter, posting a profit of $826 million, or 76 cents a share, on $3.5 billion in revenue.

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Sobeys operator Empire Q1 profit rises to $123.1M; revenue soars on Safeway buy

2014-09-11 01:41:20| Grocery - Topix.net

Empire Co. Ltd. , parent of supermarket chain Sobeys Inc., has reported a big increase in first-quarter profit, easily beating analyst estimates amid a more than 35 per cent increase in revenue as a result of its acquisition of Canada Safeway.

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