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Tag: profit
OrotonGroup slashes interim dividend after net profit falls 57pc
2015-03-19 05:21:41| Apparel - Topix.net
Oroton chief executive Mark Newman is aiming for increased profit from building a network of Brooks Brothers shops after the luxury retailer lost the Polo Ralph Lauren licence agreement 18 months ago. Photo: Wayne Taylor Luxury clothing and accessories retailer OrotonGroup has slashed its interim dividend after reporting a 57 per cent drop in first-half net profit to $2.2 million.
Tags: net
falls
profit
interim
China Mobile full-year profit slides
2015-03-19 01:00:00| Total Telecom industry news
Chinese telco plans to reduce 4G network capex in 2015 after heavy spending last year.
Tags: china
mobile
profit
slides
New business costs hit Oroton's profit
2015-03-19 00:12:04| Apparel - Topix.net
Luxury fashion retailer Oroton's half year profit has plunged 57 per cent due to reduced discounting and costs from starting up a new venture with US label Brooks Brothers. Oroton made a net profit of $2.19 million in the six months to January 24, down from $5.08 million in the same period a year ago.
Tags: business
hit
costs
profit
FedEx Profit Jumps, But Sales, Outlook Disappoint
2015-03-18 17:57:42| Air Courier - Topix.net
FedEx Corp.'s third-quarter profit jumped more than 50 percent and beat Wall Street expectations on a mix of volume growth and lower fuel costs. But the Memphis, Tennessee-based package delivery company's revenue edged up only slightly and missed expectations as lower fuel surcharges and unfavorable currency exchange rates tempered the benefits of volume growth.
Tags: sales
profit
outlook
jumps
FedEx Narrows Profit Forecast as Currency Drags on Results
2015-03-18 16:13:20| Trucking - Topix.net
Earnings will be $8.80 to $8.95 a share in the fiscal year ending May 31, the Memphis, Tennessee-based company said in a statement Wednesday. FedEx had reiterated a forecast of $8.50 to $9 a share as recently as Jan. 23, and the average of 26 analysts' estimates surveyed by Bloomberg was $8.98.
Tags: results
profit
currency
forecast
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