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Delta Air beats second-quarter profit estimates, expects unit revenue drop

2015-07-15 16:34:13| Airlines - Topix.net

Delta Air Lines Inc on Wednesday reported that second-quarter profit jumped 85 percent, topping expectations, but forecast a third-quarter drop in unit revenue as the carrier continued to see weaker demand abroad due to the strong U.S. dollar. The Atlanta-based airline earned $1.49 billion in the last quarter versus $801 million a year ago.

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Greece Ignorable for $1 Billion Swedish Fund on Profit Hunt

2015-07-15 13:43:02| Appliances - Topix.net

That's the message from Coeli Asset Management, a Swedish fund manager that oversees more than $1 billion in assets. Andreas Brock, who manages Coeli's Global Selektiv fund, and Christian Voboril, who oversees the Coeli Select Sverige fund, said in a July 10 interview in Stockholm that Greece's meltdown shouldn't guide investment choices.

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ASML profit lifted by femand from chip makers

2015-07-15 11:23:39| Electronics - Topix.net

Net profit was 370 million euros compared with EUR399 million in the same period a year earlier, and EUR403 million in the previous quarter. Revenue was EUR1.65 billion in the period.

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ASML profit lifted by femand from chip makers

2015-07-15 08:25:03| Semiconductors - Topix.net

Net profit was 370 million euros compared with EUR399 million in the same period a year earlier, and EUR403 million in the previous quarter. Revenue was EUR1.65 billion in the period.

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UPDATE 1-J&J profit beats Street; raises full-year forecast

2015-07-15 06:02:52| Food - Topix.net

Johnson & Johnson reported a better-than-expected profit as sales of its older drugs helped to offset the impact of a strong dollar on revenue from outside the United States. The healthcare conglomerate raised its profit forecast to $6.10-$6.20 per share, from $6.04-$6.19.

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