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CSX posts better-than-expected profit, boosts dividend

2015-04-15 02:12:31| Railroads - Topix.net

The news, which followed a warning Monday from fellow rail company Norfolk Southern Corp., lifted CSX shares 2.4% in after-hours trading. The Jacksonville, Fla.-based CSX said it benefited from growth across many of its markets and the improved pricing environment, which was partially offset by the impacts of lower natural gas prices, lower fuel recoveries and the strong U.S. dollar.

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Shaw Communications reports smaller Q2 profit as reorganization effort continues

2015-04-15 00:51:36| Telecom - Topix.net

Shaw Communications Inc. says ongoing efforts to improve its customer care operations cut into its profit in the second quarter. The Calgary-based telecom and media company says it recorded $38 million of expenses related to severance and employee-related costs for about 1,600 affected employees.

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J.B. Hunt Profit Tops Expectations

2015-04-14 21:16:53| Trucking - Topix.net

J.B. Hunt Transport Services Inc. posted a better-than-expected 34% increase in profit in its first quarter, as the trucking company's intermodal business logged volume growth despite West Coast port issues. Analysts had expected clogged West Coast ports to weigh on J.B. Hunt's intermodal business for the quarter.

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SOURCING: Apparel working conditions linked to profit

2015-04-14 15:25:00| Daily apparel & textile news and comment - from just-style.com

If proof was ever needed of the commercial benefits of better working conditions in garment factories, a recent study from Better Work Vietnam suggests both productivity and profitability improve.

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Rail Stocks Slip After Hours On Profit Warning From Norfolk Southern

2015-04-14 07:31:54| Railroads - Topix.net

U.S. rail stocks slipped in the extended session Monday after Norfolk Southern Corp. warned that lighter shipments of coal will result in a disappointing first quarter. The Norfolk, Virginia-based company changed hands recently at $99.08, off 5.5 percent.

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