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J&J shares gain after putlook raised and profit tops forecasts

2014-10-14 16:32:48| Food - Topix.net

Net profit came in at $4.75 billion, or $1.66 a share, up from $2.98 billion, or $1.04 a share, in the same period a year ago. Excluding non-recurring items, adjusted per-share earnings were $1.50, exceeding the average analyst estimate compiled by FactSet of $1.45.

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Citigroup profit beats, to pull out of 11 markets

2014-10-14 16:18:15| IT Services - Topix.net

Citigroup Inc. reported its third-quarter profit rose as revenue jumped while also saying it plans to pull back from retail banking in a raft of smaller countries. Citigroup Inc. reported its third-quarter profit rose 6.6% from a year earlier, helped by stronger than expected trading results, while also saying said it plans to further slim down its global retail banking footprint.

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Dan Hale Provides Insight Into Entering The Efficiency & Profit Contest

2014-10-14 16:09:00| Beef

Oct. 20 is the deadline for entries in the 2014 BEEF Efficiency & Profit Contest. With a total of $7,000 in three categories up for grabs to winners, Dan Hale, Texas A&M University professor and Extension meat specialist, provides some additional insights into the unique contest designed to help readers better understand the relationship between cattle efficiency and profitability. read more

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Tesco suspends Dan Jago as profit over-statement snowballs - reports

2014-10-14 15:07:19| Daily beverage news and comment - from just-drinks.com

Tesco's director of wine, spirits and beer, Dan Jago, is reported to have been suspended, as the UK supermarket chain is under investigation following a potential GBP250m (US$400m) over-statement of its profits.

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JP Morgan posts profit of $5.6bn

2014-10-14 13:21:28| BBC News | Business | UK Edition

US banking giant JP Morgan Chase reports a $5.6bn profit for the three months to 30 September, following a loss a year earlier.

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