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Verizon profit beats but revenue slightly short
2015-07-21 14:27:49| IT Services - Topix.net
Revenue rose 2.4% to $32.2 billion. The FactSet consensus was for EPS of $1.01 and revenue of $32.5 billion.
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United Technologies says strong dollar, slowing China to dent full-year profit
2015-07-21 14:03:40| Industrial Machines - Topix.net
"With six months of trends behind us, it is now clear the commercial aftermarket at UTC Aerospace Systems will be significantly below our expectations for the year," Chief Executive Gregory Hayes said in the company's second-quarter earnings statement. He said weakness for Otis in Europe and a slowing China had led the company to revise down estimates for both businesses.
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United Technologies says strong dollar, slowing China to dent full-year profit
2015-07-21 13:49:59| Paper - Topix.net
"With six months of trends behind us, it is now clear the commercial aftermarket at UTC Aerospace Systems will be significantly below our expectations for the year," Chief Executive Gregory Hayes said in the company's second-quarter earnings statement. He said weakness for Otis in Europe and a slowing China had led the company to revise down estimates for both businesses.
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china
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technologies
Hindustan Unilever Q1 profit flat; stock down nearly 3%
2015-07-21 13:24:34| Food - Topix.net
FMCG major Hindustan Unilever Ltd today reported a standalone net profit of Rs 1059.14 crore, up only slightly at 0.22% compared to the Rs 1,056.85 crore recorded in the same period last year. FMCG major Hindustan Unilever Ltd today reported a standalone net profit of Rs 1059.14 crore, up only slightly at 0.22% compared to the Rs 1,056.85 crore recorded in the same period last year.
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ZTE net profit increases 43% in H1
2015-07-21 12:41:00| Telecompaper Headlines
(Telecompaper) ZTE said it expects to report a 43 percent increase in net profit for the first half of 2015 to CNY 1.61 billion (USD 260 million), thanks to strong sales of LTE network systems. The preliminary results show operating revenue up 21.9 percent year-on-year to CNY 45.94 billion, and the operating result moved to a profit of CNY 66.28 million from a loss of CNY 210.05 million a year ago. ZTE said it saw higher sales in the first half from FDD LTE equipment, as well as wireline switch and access systems, mainly in its home market China. In addition, contract profitability improved in the period. Revenue in the Enterprise and Government ICT Solutions division also increased, driven by new smart city deployments and higher sales to rail operators. The company will give a full interim earnings report 26 August.
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