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UPDATE 2-CN Rail 1st-qtr profit rises, to boost capital spending

2015-04-21 04:38:35| Railroads - Topix.net

Canadian National Railway Co posted higher first-quarter earnings on Monday, topping analysts' expectations, and said it would boost capital spending to improve safety as volume rises. Freight volume also rose in the quarter, with carloads up 9 percent as shipments in every major commodity category but coal rose from a year earlier.

Tags: update capital profit spending

 

IBM Profit, Sales Top Estimates on Mainframe, Cloud Services

2015-04-21 01:11:07| Electronics - Topix.net

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Virginia "Ginni" Rometty, chief executive officer of International Business Machines Corp., speaks during an Economic Club of Washington breakfast discussion in Washington, D.C., on Dec. 3, 2014.

Tags: top services sales profit

 
 

CN's net profit rises 13 per cent to $704 million in first quarter

2015-04-21 00:29:01| Railroads - Topix.net

Canadian National Railway says milder weather and strong freight demand contributed to a 13 per cent increase in net profit to $704 million in the first quarter on $3.1 billion of revenue. The country's largest railway said it earned 86 cents per diluted share in the three months ended March 31, compared with 75 cents per share or $623 million a year ago.

Tags: net million profit quarter

 

Profit drops at Canada's Rogers Communications as customers exit

2015-04-20 23:52:39| Wireless - Topix.net

Canada's Rogers Communications Inc posted an unexpected 17 percent drop in quarterly profit on Monday as the cable, phone and media company struggled to hold on to customers during a period of industry-wide turbulence. During the quarter, the Toronto-based company had to deal with regulatory changes in both its wireless and television markets.

Tags: customers communications profit exit

 

IBM Profit, Sales Top Estimates on Mainframe, Cloud Services

2015-04-20 23:32:40| Semiconductors - Topix.net

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Virginia "Ginni" Rometty, chief executive officer of International Business Machines Corp., speaks during an Economic Club of Washington breakfast discussion in Washington, D.C., on Dec. 3, 2014.

Tags: top services sales profit

 

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