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Whole Foods cuts outlook after 3Q sales, profit miss

2015-07-30 00:10:16| Grocery - Topix.net

" Whole Foods cut its sales forecast for the year after its quarterly profit and sales fell short of expectations amid intensifying competition. The retailer noted that sales growth slowed in the last two weeks of the period, when New York City officials said the chain's stores were overcharging customers by overstating the weight of pre-packed goods.

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Patriot Bank Q2 profit jumps

2015-07-29 23:55:20| Footwear - Topix.net

Patriot National Bancorp , parent company of Patriot National Bank said its second-quarter profit rose more than 30 percent and the company is looking at "strategic activities," which could be a hint about a possible acquisition on the horizon. The Stamford-based bank on Tuesday reported net income of $689,000, or 17 cents per diluted share, compared with $525,000, or 13 cents a share, a year ago.

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Thomson Reuters reports second-quarter profit up from year ago, revenue down

2015-07-29 18:28:00| IT Services - Topix.net

Thomson Reuters reported an increase in its second-quarter profit compared with a year ago, while a stronger U.S. dollar hurt its revenue. The financial data and information company, which keeps its books in U.S. dollars, says it earned a profit attributable to shareholders of US$262 million or 33 cents per diluted share, up from $249 million or 31 cents per diluted share a year ago.

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Nomura Profit Triples on Brokerage Commissions, Banking Fees

2015-07-29 18:20:09| Automakers - Topix.net

Nomura Holdings Inc.'s first-quarter profit more than tripled as a surge in brokerage commissions and investment-banking fees outweighed a drop in trading income. Net income climbed to 68.7 billion yen in the three months ended June 30 from 19.9 billion yen a year earlier, Japan's biggest brokerage said in a statement Wednesday.

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Nintendo Scores Profit; No Word on Successor to Iwata

2015-07-29 18:06:38| Electronics - Topix.net

Nintendo Co. reported an unexpected net profit during the April-June quarter on Wednesday, swinging from a year-earlier loss due to the weak yen and robust videogame business.

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