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UPDATE 2-Electrolux shares hit record after profit beat and upbeat outlook
2015-01-28 22:16:51| Appliances - Topix.net
Home appliances maker Electrolux AB has raised its growth forecast for European markets this year after cost cuts powered it to a bigger than expected rise in quarterly earnings, sending its shares to a record high. The Sweden-based group, which makes fridges and dish washers under brands such as AEG and Zanussi as well as its own name, saw cost cuts in 2014 from years of plant closures kick in to fortify earnings amid tepid demand outside a firmly expanding U.S. market.
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CGI reports 25 percent jump in profit
2015-01-28 20:26:05| IT Services - Topix.net
Information technology and outsourcing services provider CGI Group Inc posted a 25 percent rise in quarterly profit, helped by lower expenses and higher earnings from the United States and the UK. CGI's shares rose as much as 8 percent to a record high of C$50.65 on the Toronto Stock Exchange.
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Energizer sees drop in sales, profit as it prepares for spinoff
2015-01-28 18:21:52| Electronics - Topix.net
Energizer Holdings Inc. reported adjusted net earnings per diluted share of $2.07 , down 1.4 percent compared to the prior year first fiscal quarter, and net earnings of $101.5 million, or $1.69 a share, down 1.2 percent compared with the the first quarter of fiscal 2014. "First quarter adjusted net earnings per diluted share were in-line with our expectations despite significant currency headwinds," said Ward Klein , CEO, in a statement.
VIDEO: How Apple made 'biggest profit ever'
2015-01-28 16:32:05| BBC News | Business | UK Edition
US technology giant Apple has reported the biggest quarterly profit ever made by a public company
Praxair profit, sales falls short of expectations
2015-01-28 13:21:18| Chemicals - Topix.net
Industrial-gas company Praxair Inc. said its earnings dropped as weak macroeconomic conditions, especially in Europe, and the strong dollar pressured fourth-quarter results. Both sales and revenue missed expectations, leading the Connecticut-based company to post a disappointing outlook for the year.
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