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GM predicts pretax earnings, profit margin rise in 2015
2015-01-14 17:16:48| Automakers - Topix.net
General Motors says it expects pretax earnings and profit margins to increase this year over last, after adjusting last year for recall costs. At a Deutsche Bank automotive conference in Detroit on Wednesday, GM also reiterated 2016 financial targets of 10 percent pretax profit margins in North America and a return to profitability in Europe, where it last made a full-year profit in 1999.
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CSX Profit Meets Estimates as Crude-by-Rail Fallout Looms
2015-01-14 16:13:10| Railroads - Topix.net
The fourth-quarter results, the first by a U.S. railroad, gave a broad glimpse into the benefits from lower energy costs before producers began paring investment in the oil patch. U.S. railroads, a gauge of economic health because of the range of products they haul, saw traffic rise 4.5 percent in the period.
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KappAhl efforts continue as Q1 profit falls
2015-01-14 10:35:00| Daily apparel & textile news and comment - from just-style.com
Swedish fashion chain KappAhl has said efforts to achieve higher margins and lower costs continue after it booked lower sales and earnings in its first-quarter.
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CSX's fourth-quarter profit meets analysts' expectations
2015-01-14 08:48:51| Railroads - Topix.net
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CSX Posts Higher Quarterly Profit
2015-01-13 23:29:46| Railroads - Topix.net
CSX Corp , the third-largest U.S. railroad, on Tuesday reported a higher quarterly profit that was in line with analyst expectations and said it expected a strong increase in its freight business and double-digit earnings growth during 2015. CSX's fourth-quarter profit rose on the back of an 11 percent rise in coal shipments, a 5 increase in intermodal and 5 percent for its "merchandise" shipments that include agricultural, chemical and construction products.
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higher
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