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Tag: profit
Sanofi profit soars on lower Lemtrada charge
2015-02-05 09:10:43| Biotech - Topix.net
Sanofi SA says its net profit soared 26.3 percent in the fourth quarter thanks to lower charges against Lemtrada, its multiple sclerosis treatment. The world's third-largest drugmaker by sales reported net profit of 1.34 billion in the period.
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Canaccord Genuity post Q3 loss of $21.5M; reverses year-earlier profit of $18.3M
2015-02-05 02:41:10| Chemicals - Topix.net
Canaccord Genuity Group Inc. has reported a significant loss in its fiscal 2015 third-quarter just days after announcing it was cutting jobs at its global capital markets business due to weak market conditions. The company, which offers brokerage, capital markets and wealth management services in Canada, the U.S., Europe and Asia, said Wednesday that its net loss for the three months ended Dec. 31 was $21.5 million or 27 cents per diluted share.
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Stora Enso back in profit with shift from news to food
2015-02-04 23:13:37| Paper - Topix.net
Finnish paper manufacturer Stora Enso announced Wednesday a return to profit as the group shifted from declining printing paper sales to food packaging. The group made a profit of 99 million euros in 2014 -- compared to a loss of 53 million euros a year earlier -- despite a 3 percent fall in turnover to 10.21 billion euros.
GM shares rise after surprise profit
2015-02-04 17:18:52| BBC News | Business | UK Edition
Shares in North American car giant General Motors rise more than 3% after it announces fourth-quarter net income of $1.1bn.
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Ralph Lauren lowers outlook as Q3 profit slides
2015-02-04 17:09:00| Daily apparel & textile news and comment - from just-style.com
US apparel giant Ralph Lauren has booked a drop in third-quarter earnings and lowered its sales and margin outlook as a result of the strong dollar and weak consumer spending.
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