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UPDATE 1-Nordstrom profit misses estimates, shares down
2016-02-18 23:39:23| Apparel - Topix.net
Feb 18 Department store operator Nordstrom Inc reported lower-than-expected quarterly profit as it offered deep discounts to clear excess inventory from the holiday season. Nordstrom's net income fell to $180 million, or $1 per share, in the fourth quarter ended Jan. 30 from $255 million, or $1.32 per share, a year earlier.
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Canadian Tire Q4 profit grows despite impact from weather, economy, fuel prices
2016-02-18 15:50:57| Telecom - Topix.net
Canadian Tire Corp. Ltd. overcame a number of negative factors to grow its profit in its fourth quarter, including lower prices for the gasoline it sells and unusually warm weather that depressed sales of some seasonal products, especially at its Mark's clothing chain. The Toronto-based company had $241.5 million or $3.01 per share of net income in the quarter ended Jan. 2. That was up about 17 per cent from $206.6 million or $2.44 per share a year earlier, when several expenses were higher.
Tags: prices
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KitKat maker Nestle reports profit fall
2016-02-18 15:24:10| BBC News | Business | UK Edition
Swiss food giant Nestle sees net profits fall by 39% last year to 9.1bn Swiss francs (6.4bn).
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Duke Energy misses 4Q profit forecasts
2016-02-18 15:00:08| Energy - Topix.net
The Charlotte, North Carolina-based company said it had profit of 69 cents per share. Earnings, adjusted for non-recurring costs and to account for discontinued operations, came to 87 cents per share.
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Waste Management beats 4Q profit forecasts
2016-02-18 14:44:31| Waste Management - Topix.net
The Houston-based company said it had profit of 61 cents per share. Earnings, adjusted for asset impairment costs and restructuring costs, came to 71 cents per share.
Tags: management
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