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Allegheny Technologies reports fourth quarter profit

2015-01-20 17:19:23| Industrial Machines - Topix.net

Allegheny Technologies today reported a fourth quarter profit of $22.1 million, or 20 cents per share, as the company recorded a $25.5 million pre-tax gain as the result of freezing pension plans and eliminating retiree life and medical insurance benefits. Sales rose 14 percent to $1.05 billion.

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Johnson & Johnson beats 4Q profit forecasts

2015-01-20 15:14:39| Biotech - Topix.net

The New Brunswick, New Jersey-based company said it had profit of 89 cents per share. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, came to $1.27 per share.

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Unilever profit up despite sales slump in China

2015-01-20 12:51:06| Food - Topix.net

Unilever PLC said weakening demand in emerging markets, especially China, showed no sign of letting up last year even as the consumer-goods group reported a rise in full-year profit. Unilever said on Tuesday that full-year profit rose 6.8% to EUR5.17 billion despite a 2.7% fall in revenue to EUR48.4 billion, dragged down by a 20% sales decline in China in the fourth quarter.

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Consumer goods giant Unilever 2014 net profit up 5 percent

2015-01-20 12:14:34| Real Estate - Topix.net

Net profit at consumer goods giant Unilever, maker of Ben & Jerry's ice cream, rose 5 percent in 2014 from the year earlier to 5.5 billion euros despite tough conditions in its markets, the company announced Tuesday. Unilever said sales slid 2.7 percent to 48.4 billion euros , but underlying sales, which strip out currency fluctuations and the effect of buying and selling businesses, rose 2.9 percent.

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ZTE's 2014 profit surges 94%

2015-01-20 01:00:00| Total Telecom industry news

Chinese vendor's earnings guidance shows 8% increase in revenue on growing 4G, smartphone demand.

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