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PepsiCo tops 1Q profit forecasts

2016-04-18 13:37:19| Beverages - Topix.net

The Purchase, New York-based company said it had profit of 64 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, came to 89 cents per share.

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Investors look for trough in profit downturn

2016-04-18 11:01:41| IT Services - Topix.net

As earnings season shifts into high gear next week in what is expected to be the weakest US quarterly results reporting period since 2009, the hope among some is that this is as bad as it's going to get. The US earnings recession that began in the third quarter of 2015 is expected to continue until the second quarter, with profits slated to fall 2.2 percent - not as bad as the nearly 8 percent drop expected in the first quarter.

Tags: profit investors trough downturn

 
 

Pricing changes help KappAhl move to Q2 profit 

2016-04-14 13:26:00| Daily apparel & textile news and comment - from just-style.com

Swedish fashion chain KappAhl returned to profit during its second quarter, thanks to lower expenses and continued changes in its pricing and campaign strategy, which boosted margins. 

Tags: move profit pricing q2

 

CSX Profit Meets Estimates as Cost Cuts Help Offset Coal Slump

2016-04-14 09:17:03| Railroads - Topix.net

CSX Corp.'s first-quarter profit met analysts' estimates as cost cuts helped make up for a drop in coal and oil carloads at the largest railroad in the eastern U.S. Earnings fell to 37 cents a share from 45 cents a year earlier, CSX said in a statement Tuesday, in line with the average of 25 forecasts compiled by Bloomberg. Sales fell 14 percent to $2.62 billion.

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JP Morgan profit falls on US oil loans

2016-04-13 14:39:28| BBC News | Business | UK Edition

JPMorgan Chase has reported a 6.7% drop in quarterly profits as it set aside more funds to cover potential losses at oil and gas companies.

Tags: oil falls profit loans

 

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