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UPDATE 1-Air Canada adj profit beats estimates due to lower fuel costs

2015-05-12 17:37:18| Airlines - Topix.net

Air Canada reported better-than-expected adjusted first-quarter earnings on Tuesday as fuel costs fell and other operating costs improved, and lowered its forecast for a key cost measure. Canada's biggest airline said it expects adjusted operating expense per available seat mile to fall between 1.5 percent and 2.5 percent for 2015.

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International Flavors profit rises 20%

2015-05-12 14:47:57| Chemicals - Topix.net

International Flavors & Fragrances Inc. said Tuesday that profit in its first quarter rose 20%, despite the strong dollar's impact on sales. "On a currency neutral basis, we expect all of our key financial metrics to be in line with our long-term targets in 2015.

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Delta Galil continues to invest as Q1 profit falls

2015-05-12 13:44:00| Daily apparel & textile news and comment - from just-style.com

Lingerie, sleepwear and sock manufacturer Delta Galil Industries has said it is investing in new products, as well as additional manufacturing and retail space, after seeing its first-quarter profit fall.

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ThyssenKrupp Posts Drop In Q2 Profit, Lifts Forecast

2015-05-12 12:29:45| Steel - Topix.net

German company ThyssenKrupp AG reported a drop in its profit for the second quarter and lifted its guidance for 2015. ThyssenKrupp's quarterly net profit from continuing operations slipped to EUR50 million, from EUR271 million, in the year-ago quarter.

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Rackspace Hosting Profit Rises 12%

2015-05-12 06:57:08| IT Services - Topix.net

Shares of cloud-computing company Rackspace Hosting Inc. plummeted 13% in after-hours trading Monday, after the company lowered revenue expectations for the coming quarter. Rackspace, which had closed the day at $53.13, said it expected revenue for its second quarter, which will end in June, to be between $487 million and $492 million.

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