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Market recap: Amazon's profit more than doubles, but its stock takes a hit
2016-01-31 00:49:16| Paper - Topix.net
Up but short: Amazon's stock dropped 8 percent to $587 Friday after the e-commerce company reported late Thursday that its profit more than doubled, but still fell short of forecasts because of increased costs. Paper cuts: WestRock shares fell 11.4 percent to $33.44 Monday, and International Paper fell 5.6 percent to $34.40 after investment firms downgraded the stocks over concerns about product prices.
Werner Raises Fourth-Quarter Profit; Landstar Earnings Drop Slightly
2016-01-30 10:08:56| Trucking - Topix.net
Werner Enterprises Inc. , which ranks No. 16 on the Transport Topics Top 100 list of the largest U.S. and Canadian for-hire carriers, raised fourth-quarter net income 12% to $36.6 million, or 51 cents per share, and No.
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Whirlpool forecasts 2016 profit largely below estimates
2016-01-30 03:56:21| Appliances - Topix.net
Whirlpool Corp forecast 2016 earnings largely below Wall Street estimates, and said unit shipments in Brazil would fall by 10 percent this year. A Whirlpool logo is seen on a range door at the Whirlpool manufacturing plant in Cleveland, Tennessee August 21, 2013.
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Whirlpool quarterly profit more than doubles
2016-01-29 14:07:57| Appliances - Topix.net
Jan 29 Whirlpool Corp said its quarterly profit more than doubled, helped by cost- and capacity-reduction actions and acquisitions. The world's largest maker of home appliances said net earnings rose to $180 million, or $2.28 per share, in the fourth quarter ended Dec. 31, from $81 million, or $1.02 per share, a year earlier.
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Sony quarterly net profit improves 33%
2016-01-29 09:09:00| Telecompaper Headlines
(Telecompaper) Sony reported net profit up 33.5 percent year-on-year in its fiscal third quarter to December to JPY 120.1 billion, helped by lower restructuring costs and forex losses. Revenues were up just 0.5 percent to JPY 2.581 trillion (USD 21.5 billion), as continued strength in Playstation sales and film revenues were offset by the weak sales in the smartphone market and lower revenues from components. Operating profit was 11.0 percent higher year-on-year at JPY 202.1 billion.
Tags: net
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