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UPDATE 1-SoftBank cuts FY profit target on Sprint woes; Q2 profit down 23 pct

2014-11-04 11:54:11| IT Services - Topix.net

SoftBank Corp, the Japanese mobile carrier with ambitious plans to grow overseas, slashed its profit forecast as Sprint Corp, the U.S. carrier it bought for $21.6 billion, continues to lose customers with no quick fix in sight. In a statement on Tuesday, SoftBank said it now expects an operating profit of 900 billion yen in the 12 months through March 2015, 10 percent down from the 1 trillion yen profit it previously estimated, citing Sprint's troubles.

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Northwest Pipe Co. reports net sales, profit increases

2014-11-04 10:24:22| Steel - Topix.net

Vancouver-based Northwest Pipe Co. on Monday reported a third-quarter profit of $5.02 million.

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UPDATE 1-Agrium's quarterly profit gets boost from Viterra retail centers

2014-11-04 06:50:29| Chemicals - Topix.net

Canadian fertilizer and farm retail dealer Agrium Inc reported third-quarter profit beating Wall Street expectations as it continued to benefit from sales from Viterra Inc's retail centers. The company's retail sales jumped 9 percent to $2.3 billion in the third quarter from $2.1 billion for the same period last year due to the contribution from the acquired Viterra operations.

Tags: update retail profit centers

 

Agrium reports 26% decline in Q3 net profit; raises quarterly dividend 4%

2014-11-04 02:30:42| Chemicals - Topix.net

Agrium Inc. is increasing its quarterly dividend four per cent despite reporting a 26 per cent decline in net earnings to US$50 million or 35 cents per diluted share. The Calgary-based global producer and marketer of fertilizer says the payout will rise to 78 cents US per common share beginning Jan. 21 to shareholders of record on Dec. 31. We want you to tell us what you think of our articles.

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Softbank cuts profit view as Sprint struggles

2014-11-04 01:00:00| Total Telecom industry news

Japanese telco shaves 100 billion from full-year operating income guidance.

Tags: view profit cuts sprint

 

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