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American Airlines first-quarter profit tops expectations

2015-04-24 19:54:45| Airlines - Topix.net

American Airlines Group Inc on Friday reported first-quarter profit above analysts' expectations and declared a $0.10 dividend as cheap fuel continued to help its bottom line. American, the world's largest passenger carrier, earned $932 million last quarter, nearly double its profit a year earlier.

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Kia Motors Q1 net profit up 3.1 percent

2015-04-24 17:03:35| Automakers - Topix.net

Kia Motors Corp., South Korea's second-largest automaker, said Friday its first quarter net profit rose slightly from a year earlier despite falls in sales revenue. Net income came to 903.2 billion won during the January-March period, up 3.1 percent from a year earlier, the company said in a regulatory filing.

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United Airlines' first-quarter profit jumps, but watch out - other changes are coming

2015-04-24 15:50:15| Airlines - Topix.net

That distinctive used-airplane smell could become much more familiar to United Airlines passengers in years to come as the Chicago-based carrier revealed a major change in fleet plans today. That was just one bit of news buried in United Airlines' 14-page report on its 2015 first quarter financials , which included a record first-quarter profit of $582 million, a major turnaround from the $609 million loss a year ago.

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DTAC revenues, net profit decline in Q1

2015-04-24 14:19:00| Telecompaper Headlines

(Telecompaper) Thai mobile operator DTAC's total revenues for the first quarter increased by 1.9 percent to THB 22.8 billion, mainly boosted by handset sales and mobile data revenue growth, offset by a decline in voice revenue, the company said. Service revenue decreased 3.6 percent year-on-year to THB 16.7 billion. Handset and starter kit sales rose by 35 percent year-on-year, while voice revenue amounted to THB 7.7 billion, which represents a decrease of 18 percent in the period. Data revenue reached THB 7.4 billion, increasing by 13 percent from the first quarter of 2014.

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French Connection shares fall on profit warning

2015-04-24 13:20:00| Daily apparel & textile news and comment - from just-style.com

UK fashion retailer French Connection has seen its share price decline 18% this morning (24 April) after warning its full-year performance will be below market expectations.

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