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UPDATE 2-Fiat Industrial cuts 2013 outlook as southern Europe suffers

2013-04-30 23:20:18| Industrial Machines - Topix.net

Italian truck and tractor maker Fiat Industrial SpA cut its 2013 targets after sales in recession-hit Europe continued to fall, pushing its truck unit to a first-quarter loss that missed analysts' expectations.

Tags: update europe industrial southern

 

Fitch cuts Frontier Communication outlook on revenue challenges

2013-03-21 01:00:00| Total Telecom industry news

U.S. telco could struggle to post revenue growth in next two to three years.

Tags: communication revenue challenges outlook

 
 

Cost cuts boost Thomson Reuters profit as revenue outlook brightens

2013-02-13 16:32:15| IT Services - Topix.net

Thomson Reuters reported a 2 percent rise in quarterly operating profit on Wednesday, largely due to cost cutting, and forecast higher revenue in 2013 as its division that serves financial institutions begins to turn around.

Tags: cost profit revenue outlook

 

US: Ann cuts full-year outlook on Hurricane Sandy

2013-02-08 15:08:00| Daily apparel & textile news and comment - from just-style.com

US women's wear retailer Ann Inc has lowered its full-year earnings guidance after Hurricane Sandy and increased promotions at its Loft division resulted in lower-than-expected fourth-quarter sales.

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Wesfarmers cuts coal sale outlook after Australia floods

2013-01-30 10:10:22| Agriculture - Topix.net

Australian mining-to-retail conglomerate Wesfarmers on Wednesday cut its full-year coal sales forecast, citing flooding in Australia and weak demand in Asia that is depressing sales prices.

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