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Truck, SUV profits push GM 1Q profit 8 times above year ago
2015-04-23 15:36:17| Automakers - Topix.net
First-quarter profit at General Motors rose nearly eight times above a year ago as U.S. consumers spent big on pickups and SUVs and the company didn't have to set aside a huge stack of money to pay for recalls. The Detroit automaker said it made $945 million, as consumers got used to lower gasoline prices and decided to buy bigger vehicles.
Union Pacific posts 1Q profit, results miss Wall Street estimates
2015-04-23 14:48:57| Railroads - Topix.net
The results fell short of Wall Street expectations. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of $1.37 per share.
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United Airlines posts record profit of $508 million for 1Q
2015-04-23 14:42:45| Airlines - Topix.net
But the airline is predicting a key revenue figure will fall in the second quarter. And it's speeding up changes to its fleet, including retiring more small planes.
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PepsiCo beats 1Q profit and revenue expectations
2015-04-23 14:42:01| Beverages - Topix.net
The Purchase, New York-based company said it had profit of 81 cents per share. Earnings, adjusted for restructuring costs, came to 83 cents per share.
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Dow profit rises 45 percent as margins expand
2015-04-23 14:16:26| Chemicals - Topix.net
Dow Chemical Co reported a better-than-expected quarterly profit, helped by higher margins in five of its six units. Operating EBITDA margins rose 3 percent to their highest level since 2005, as Dow's shift in focus to high-margin businesses from volatile commodity businesses paid off.
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