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Enbridge beats expectations, reporting $378M in profit in 4th quarter

2016-02-19 19:18:15| Oil & Gas - Topix.net

Al Monaco, president and CEO of Enbridge Inc., says the company brought a total of 14 development projects worth $8 billion into service in 2015. Enbridge beat expectations with a $378 million profit and $494 million in adjusted earnings in the fourth quarter, a period when it completed several pipeline projects including the reversal and expansion of Line 9B in southern Ontario.

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Kering confident after "solid" FY profit hike 

2016-02-19 13:25:00| Daily apparel & textile news and comment - from just-style.com

French luxury goods group Kering remains confident in its outlook, after posting a double-digit hike in annual net profit, helped by revenue growth in both its luxury and sport and lifestyle divisions. 

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Virgin America meets 4Q profit forecasts

2016-02-19 04:19:14| Airlines - Topix.net

Virgin's average fare fell 9 percent from a year earlier to $187, partly because of a fare war in Dallas with Southwest Airlines and American Airlines. CEO David Cush said in an interview Thursday that the average price passengers pay per mile could continue to fall through 2016 as airlines -- including his own -- keep adding to the supply of seats for sale.

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Nordstrom misses Street 4Q forecasts for profit and sales

2016-02-19 03:49:20| Apparel - Topix.net

The Seattle-based company said it earned a fourth-quarter profit of $180 million, or $1 per share. Earnings, adjusted for asset impairment costs, came to $1.17 per share.

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Nordstrom misses Street 4Q forecasts for profit and sales

2016-02-19 03:49:19| Apparel - Topix.net

In this Monday, March 23, 2015, file photo, a woman arrives at a Nordstrom luxury department store, at The Mall of San Juan, in San Juan, Puerto Rico. Nordstrom reports quarterly earnings, Thursday, Feb. 18, 2016.

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