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Lego reports jump in 2014 profit

2015-02-25 17:09:18| Toys - Topix.net

Lego A/S on Wednesday narrowed the gap between it and the world's largest toy maker, Mattel Inc., as it posted strong earnings growth for 2014 at a time when its rivals are struggling to find demand. Closely held Lego competes for the top spot in the industry with Mattel, which has suffered falling sales of many of its key toy lines, including Barbie dolls.

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Cablevision beats 4Q profit forecasts

2015-02-25 16:59:26| Telecom - Topix.net

The results exceeded Wall Street expectations. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 19 cents per share.

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Chesapeake misses 4Q profit forecasts

2015-02-25 16:14:14| Energy - Topix.net

Chesapeake Energy Corp. on Wednesday reported fourth-quarter net income of $639 million, after reporting a loss in the same period a year earlier. On a per-share basis, the Oklahoma City-based company said it had profit of 81 cents.

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Telefonica Quarterly Profit Slides After Venezuela Writedown

2015-02-25 12:25:19| Paper - Topix.net

Operating income fell 36 percent to 3.19 billion euros stripping out interest, depreciation and amortization, the Madrid-based carrier said Wednesday. Venezuela accounted for 915 million euros of the decline, as Telefonica cut the value of its assets there by 2.8 billion euros after switching to a lower exchange rate.

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AO World shares hit by profit warning

2015-02-25 10:54:34| BBC News | Business | UK Edition

AO World, the online white goods retailer, has seen its shares fall by almost a third after warning that full-year profits and sales will be lower than expected.

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