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Express outlook cautious as Q3 profit tumbles

2014-12-04 14:57:00| Daily apparel & textile news and comment - from just-style.com

US apparel retailer Express Inc has sounded a note of caution on its outlook after booking a drop in third-quarter earnings and cutting its full-year EPS guidance.

Tags: express profit outlook cautious

 

PVH boosts Q3 profit despite currency issues

2014-12-04 14:05:00| Daily apparel & textile news and comment - from just-style.com

Apparel giant PVH Corp recorded a double-digit increase in third quarter net profit, despite revenues being impacted by the weak euro.

Tags: issues profit currency boosts

 
 

CIBC quarterly profit slips 2% on capital markets; raises payout

2014-12-04 13:27:24| Grocery - Topix.net

Canadian Imperial Bank of Commerce's profit slipped in the fourth quarter, largely because of weaker capital markets earnings, but earnings were in line with analyst expectations. The bank reported net income of $811-million, down 1.7 per cent from the year prior.

Tags: capital profit markets quarterly

 

Ryanair raises profit forecast after surge in passenger numbers

2014-12-04 12:25:51| Airlines - Topix.net

Since a pledge last year by outspoken Chief Executive Michael O'Leary to stop "unnecessarily pissing people off," Ryanair has slashed penalty charges such as for excess baggage and not having a boarding pass, overhauled its web site, tripled its marketing budget and launched business class fares. It attributed the stronger than expected initial winter performance to the newfound focus on customer service, a stronger forward booking strategy and substantial fare and unit cost advantages over other European airlines.

Tags: numbers profit forecast passenger

 

Samsung stingy on promotions due to recent profit drops

2014-12-04 12:23:22| Semiconductors - Topix.net

A total of 353 Samsung Group executives were promoted, a marked drop from 476 promotions awarded in last year's annual reshuffle. In Samsung Electronics itself, only 165 were promoted, another significant drop from the 227 last year.

Tags: recent due samsung profit

 

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