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Ups Cfo Kurt Kuehn retires, Q1 profit up nearly 13%

2015-04-28 19:41:19| Trucking - Topix.net

Kuehn has been UPS CFO for eight years. He was UPS' first investor relations vice president, leading the company's initial public offering in 1999 -- the largest IPO in the 20th century.

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Wolverine Worldwide in Q1 profit rise

2015-04-28 18:02:00| Daily apparel & textile news and comment - from just-style.com

US clothing and footwear business Wolverine Worldwide has booked a better than expected performance during the first quarter, with both net profit and sales rising.

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RTI sales, profit up in 1Q ahead of Alcoa merger

2015-04-28 17:41:21| Industrial Machines - Topix.net

On Tuesday, the Pittsburgh-based company reported net income of $4.5 million, or 15 cents per share, for the three-month period ending March 31. This compares with a loss of $4.2 million, or 13 cents per share, in the first quarter of 2014. Sales for the quarter were $198.5 million, which compares with sales of $174.5 million in the same period a year ago, driven by increases in commercial aerospace and medical device market volumes.

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AGCO Corp. profit plunges 70% in the first quarter

2015-04-28 16:41:30| Industrial Machines - Topix.net

AGCO Corp. saw its profit fall about 70 percent in the first quarter of 2015, hurt by restructuring costs and softer agricultural equipment demand. The Duluth, Ga.-based agricultural equipment maker reported revenue fell 27 percent to $1.7 billion, while profit plunged 70 percent to $29.9 million, or 34 cents a share.

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Fresh Del Monte Produce Q1 profit down 25%

2015-04-28 16:29:13| Agriculture - Topix.net

However, sales grew 4 percent for bananas - the company's largest seller - to $454.3 million from $436.9 in the year-ago quarter. The Coral Gables-based produce distributor attributed its profit loss to exchange rates and poor weather in the first quarter.

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