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SAIL profit rises 9%

2015-02-14 07:27:36| Steel - Topix.net

New Delhi, Feb. 13: SAIL's third-quarter net profit rose 9 per cent to Rs 579 crore from Rs 532.6 crore a year ago. Factors such as enhanced production, better techno-economic parameters along with a reduction in input costs, particularly of imported coking coal, boosted the profit figures.

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Analysts upbeat as Columbia's Q4 profit grows

2015-02-13 16:58:00| Daily apparel & textile news and comment - from just-style.com

A number of initiatives, including investment in direct-to-consumer channels, the development of the newly acquired Prana brand, and its joint venture in China, helped Columbia Sportswear to book a double-digit increase in fourth-quarter profit.

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ITT profit beats views, but warns of sales decline

2015-02-13 16:50:41| Industrial Machines - Topix.net

ITT Corp. said growth in global oil-and-gas project pumps drove stronger-than-expected results in its fourth quarter, though it reported weakness in its motion-technologies segment and warned sales would be down this year. Chief Executive Denise Ramos said ITT continues to face a difficult external environment with headwinds from the global oil-and-gas market and from foreign exchange.

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Viasystems swings to profit in Q4

2015-02-13 14:38:23| Electronics - Topix.net

Viasystems Group Inc. reported operating income of $34.6 million for the fourth quarter of 2014, as compared to a loss of $1.07 million in the prior year quarter. The profit included $23 million related to a settlement of a business interruption insurance claim for a 2012 fire in a factory in China.

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Rolls-Royce warns on 2015 profit

2015-02-13 14:12:00| BBC News | Business | UK Edition

Rolls-Royce warns that this year's profits could be up to 13% lower than in 2014, with the recent oil price fall "increasing uncertainty" for many of its customers.

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