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United Technologies Beats Q2 Targets; Sikorsky Helicopter Contract Helps

2014-07-22 16:01:32| Paper - Topix.net

Sales increased 7% year-over-year to $17.2 billion. This includes 3% organic growth and a 5% gain on subsidiary Sikorsky Aircraft's amended contract to supply the Canadian government with CH148 Cyclone helicopters.

Tags: united contract technologies helps

 

UPDATE 1-Kansas City Southern revenue beats on grain, automobile shipments

2014-07-19 17:20:02| Railroads - Topix.net

Revenue from grain shipments rose 33 percent while it increased 25 percent in automotive in the second quarter ended June 30. Kansas City Southern operates on a unique, north-south route in central U.S. and derives half of its annual revenue from cross-border business with Mexico.

Tags: city update southern revenue

 
 

UPDATE 1-VF Corp profit beats as cold weather drives outdoor apparel sales

2014-07-18 16:52:43| Apparel - Topix.net

VF Corp, the owner of brands such as Timberland and The North Face, reported better-than-expected quarterly profit and sales as cold weather in North America drove demand for its higher-margin outdoor and action sports brands.

Tags: sales update outdoor cold

 

IBM beats revenue estimates, EPS

2014-07-18 01:04:39| Electronics - Topix.net

International Business Machines Corp reported higher than expected quarterly revenue and earnings per share, as it continued its shift to higher-end businesses such as big data, cloud computing, and security and mobile services.

Tags: estimates revenue ibm beats

 

Nordea Profit Beats Estimates as Commission Income Increases

2014-07-17 09:31:16| Appliances - Topix.net

Nordea Bank AB reported second- quarter profit that beat estimates after the Nordic region's largest lender increased fee and commission income and reduced loan losses.

Tags: income commission profit increases

 

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