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UPS Warns of Sluggish US Economy as Profit Tops Estimates

2015-07-29 07:31:57| Air Courier - Topix.net

Package delivery company UPS on Tuesday reported a better-than-expected second-quarter profit on improved margins, and said U.S. economic growth was being hampered by a strong dollar and an expected interest rate hike. "The continued strength of the U.S. dollar and I think this impending rate hike by the Fed appears to be holding back some U.S. growth," Chief Executive Officer David Abney said on a conference call.

Tags: ups profit economy estimates

 

Ford posts record profit of $2.6b in North America

2015-07-29 05:42:36| Automakers - Topix.net

Ford Motor Co. 's net income jumped 44 per cent to $1.9 billion in the second quarter as global sales rose and customers paid more for new trucks and SUVs with premium features.

Tags: north posts record america

 
 

Sky full year revenue, pretax profit rise on strong customer growth

2015-07-29 02:00:00| Total Telecom industry news

U.K.-based triple-play provider nets 973,000 new customers in 12 months to 30 June.

Tags: year full customer strong

 

Numericable-SFR swings to Q2 profit

2015-07-29 02:00:00| Total Telecom industry news

French telco reports improving revenue trend but a falling customer base.

Tags: profit swings

 

Gilead beats Street 2Q forecasts on surge in sales, profit

2015-07-29 00:40:17| Biotech - Topix.net

Blockbuster hepatitis C medicine Harvoni lifted Gilead Sciences' second-quarter profit by 23 percent as total revenue for the biotech drugmaker jumped 26 percent and it raised its 2015 sales forecast for the second time. Gilead Sciences Inc., based in Foster City, California, said Tuesday that its net income was $4.49 billion, or $2.92 per share.

Tags: sales street profit beats

 

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