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GE Profit Beats Estimates as Industrial Margins Widen

2014-10-17 18:00:28| Appliances - Topix.net

General Electric beat analysts' third-quarter profit estimates as cost cutting helped boost margins in the industrial business that Chief Executive Officer Jeffrey Immelt is working to grow. Scarlet Fu reports on "Bloomberg Surveillance."

Tags: industrial profit estimates beats

 

Supervalu Profit Falls 23%

2014-10-17 11:08:32| Grocery - Topix.net

Supervalu Inc. on Thursday reported a 23% drop in quarterly earnings, nicked by costs tied to recent data breaches, though sales at its Save-A-Lot discount chain continued to grow. The supermarket operator's profit for its fiscal second quarter fell to $31 million, or 11 cents a share, from $40 million, or 15 cents a share, a year earlier.

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UPDATE 2-UnitedHealth profit up on 'restrained' patient medical use

2014-10-17 09:29:29| Beverages - Topix.net

UnitedHealth Group Inc said on Thursday that its third-quarter net profit increased as patients' use of medical services remained "restrained," helping to keep the cost of health insurance claims down. Americans have been using healthcare services lightly in recent years due to the economic downturn and as their out-of-pocket costs for doctor and hospital visits have increased.

Tags: use update medical profit

 

Delta's 3Q profit falls on one-time items

2014-10-16 21:01:43| Biotech - Topix.net

Delta Air Lines Inc. said Thursday that third-quarter profit fell 74 percent on one-time costs such as retiring older planes.

Tags: items falls profit onetime

 

Delta's 3Q profit falls on one-time items

2014-10-16 16:55:32| Airlines - Topix.net

Delta Air Lines Inc. said Thursday that third-quarter profit fell 74 percent on one-time costs such as retiring older planes, although the results excluding those items beat expectations. Delta is the first U.S. airline to report third-quarter figures, and Wall Street is looking for strong results covering the last part of the peak summer-travel season.

Tags: items falls profit onetime

 

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