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Genuine Parts Posts Higher Profit, Helped by Acquisitions

2014-10-21 03:26:55| Auto Parts - Topix.net

Genuine Parts Co. said its third-quarter earnings rose 9.7% as the automotive-replacement parts distributor reported sales growth across all its businesses, in large part due to recent acquisitions.

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Texas Instruments posts higher revenue and profit for third quarter 2014

2014-10-21 01:31:44| Semiconductors - Topix.net

Shares of Texas Instruments Inc. are compared with shares of the Philadelphia Semiconductor Index over the last month. Texas Instruments Inc. ignored signs of weakening in the semiconductor industry by reporting higher revenue and profits for the third quarter of this year.

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Texas Instruments' profit, revenue rise in Q3

2014-10-21 01:31:43| Semiconductors - Topix.net

"Revenue for the quarter was solidly in the upper half of our expected range and earnings were at the top of the range, marking another quarter of strong progress and execution," CEO Rich Templeton said about TI's third quarter. Texas Instruments Inc. reported a better than expected third quarter, posting a profit of $826 million, or 76 cents a share, on $3.5 billion in revenue.

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The Wall Street Journal: Apple sells 39.27 mln iPhones to catapult profit past Wall Street target

2014-10-21 01:31:42| Semiconductors - Topix.net

Apple Inc. said its quarterly profit rose 13% as strong demand for its new larger-screen iPhones helped to overcome sluggish iPad sales. is riding high from the flood of demand for a pair of new iPhones released in September.

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IBM Pulls Profit Goal, Sees Slowdown in Client Spending

2014-10-21 00:42:16| Electronics - Topix.net

International Business Machines Corp. abandoned a longtime earnings target seen as a test of its turnaround plans and reported sharply lower third-quarter profit on surprising softness in three of its major businesses.

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