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Fiat Chrysler U.S. arm's profit hurt by charges

2015-11-05 19:28:09| Automakers - Topix.net

The U.S. arm of Fiat Chrysler Automobiles NV said its third-quarter profit dropped nearly 90% as charges for recalls and other costs masked the financial strength the company continues to draw from its sales of Jeep sport-utility vehicles and Ram pickup trucks in its home market. Net income was $70 million compared with $611 million for the same period a year earlier as revenues rose 5% to $21.8 billion.

Tags: charges profit arms hurt

 

Kate Spade beats 3Q profit forecasts on sales boost

2015-11-05 16:10:04| Apparel - Topix.net

The clothing, handbag and accessories company on Thursday reported profit of $2.3 million, or 2 cents per share, after reporting a loss in the same period a year earlier. Earnings, adjusted for non-recurring costs and to account for discontinued operations, were 6 cents per share.

Tags: sales profit kate boost

 
 

Molson Coors 2015 woes continue despite return to profit in Q3, appoints interim CFO

2015-11-05 15:40:00| Daily beverage news and comment - from just-drinks.com

Molson Coors has blamed currency headwinds, brand investment and the termination of various agreements for drops in sales and profits in the year to date.

Tags: return continue profit interim

 

Singapore Airlines second-quarter net profit more than doubles

2015-11-05 15:22:44| Airlines - Topix.net

Singapore Airlines said Thursday its second quarter net profit more than doubled from last year, but warned about uncertainty due to an economic slowdown in emerging markets led by China. Net profit for the three months to September soared 135 percent to Sg$213.6 million , boosted in part by higher dividends from long-term investments, the carrier said in a statement.

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Agrium profit rises nearly 9 per cent on lower costs

2015-11-05 15:02:37| Chemicals - Topix.net

Canadian fertilizer and farm retail dealer Agrium Inc. reported a nearly 9 per cent rise in quarterly profit, helped by lower costs. However, the company on Thursday narrowed its forecast for 2015 profit to $7.10 to $7.40 per share from $7.00-$7.50.

Tags: lower costs profit cent

 

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