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Wolford in profit as Sensarma named new CEO

2014-12-16 13:54:00| Daily apparel & textile news and comment - from just-style.com

Austrian hosiery brand Wolford AG has named Ashish Sensarma as its new CEO, and returned to a profit in the first six months of the year.

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Whirlpool cuts profit view for 2014

2014-12-16 03:59:40| Appliances - Topix.net

Whirlpool Corp. cut its financial forecast for the year and offered a weak forecast for 2015, citing integration costs related to recent acquisitions. The world's largest home-appliance manufacturer by sales said it now expects to close the year with a profit of $8 to $8.20 a share, down from $9.40 to $9.90 a share, largely due to the impact of new laundry products and costs associated to the integration of Italy's Indesit Co.

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Snap-on calculates the missing profit

2014-12-15 23:40:08| Appliances - Topix.net

Snap-on Diagnostics has added a diagnostic calculator feature to its website to help automotive repair technicians and shop owners determine how much profit they could be making by using a Snap-on diagnostic platform, including Verus Pro, Verdict, Modis Ultra, Solus Edge and Ethos Plus. "The new Snap-on diagnostic calculator is a great addition to our website," says Mark Schaefer, director of marketing, Snap-on Diagnostics.

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UPDATE 1-Safeway acquisition boosts Sobeys owner Empire's profit

2014-12-13 14:02:21| Grocery - Topix.net

Empire Co Ltd, the owner of Canadian grocery chain Sobeys Inc, reported a better-than-expected quarterly profit, boosted by its acquisition of the Canadian assets of U.S. supermarket chain Safeway Inc. Empire's shares, which have rallied in the run-up to the results, were down 2 percent at C$83.72 in midday trading on the Toronto Stock Exchange. It reached a record high of C$86.49 earlier in the session.

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United Technologies profit outlook below forecasts

2014-12-12 02:12:39| Industrial Machines - Topix.net

United Technologies Corp. on Thursday issued profit forecasts for this year and 2015 that fell short of market expectations and its shares slipped in extended trading. The aerospace and building systems conglomerate, which got a new CEO in November, said that it expects to earn $6.80 per share for the year.

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