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Telstra half year profit to exceed $2b

2015-02-10 07:21:08| Telecom - Topix.net

Telstra is expected to have made a profit of more than $2 billion in the six months to December, but an even larger number is set to attract the most attention. Analysts expect the country's number one telco to reveal a $4 billion-plus pile of cash when it reports to the market on Thursday, a massive war chest that presents chief executive David Thodey a dilemma.

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Gap's Q4 sales lead to better profit outlook

2015-02-09 23:45:00| Apparel - Topix.net

The retailer says it expects to report a profit of $2.86 to $2.87 per share for the year, up from its previous estimate of $2.73 to $2.78 per share. Analysts expected $2.74 per share on average.

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Gap raises profit outlook as sales pick up in 4Q

2015-02-09 23:44:59| Apparel - Topix.net

The retailer says it expects to report a profit of $2.86 to $2.87 per share for the year, up from its previous estimate of $2.73 to $2.78 per share. Gap Inc. says its revenue fell in January as sales for its namesake brand slumped, but its Banana Republic and Old Navy brands reported improved results.

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Masco profit beats on strength in plumbing, paint

2015-02-09 17:54:41| Furniture - Topix.net

Masco Corp. reported fourth-quarter earnings excluding certain items that beat analysts' expectations as the building-products company's sales growth in plumbing, paint and installation businesses offset continued weakness in its cabinets segment. The Michigan-based company, one of the largest vendors to Home Depot Inc. and Lowe's Cos., makes such products as Delta faucets, KraftMaid cabinets, Behrpaints and Milgard windows and doors.

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Textured Jersey Lanka "on track" after Q3 profit rise

2015-02-09 16:18:00| Daily apparel & textile news and comment - from just-style.com

A 25% increase in third-quarter profit has put knitted fabric manufacturer Textured Jersey Lanka (TJL) "back on track" to achieve a strong annual performance, despite setbacks earlier in the year.

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