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Gap backs annual profit forecast after retailer confirms net income, sales fell in 2Q

2015-08-20 22:49:51| Apparel - Topix.net

Gap is keeping its fiscal-year profit forecast unchanged after further struggles in the second quarter marked by weakness at its namesake and Banana Republic stores that offset rising sales at Old Navy. The San Francisco company also said Thursday its plan to close 175 Gap stores in North America, as well as some locations in Europe, will cost a bit less than it expected.

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Masco Reports Strong Net Sales and Operating Profit Growth in Second Quarter 2015

2015-08-03 22:23:16| Furniture - Topix.net

Masco Corporation reported net sales and operating profit growth in the second quarter of 2015. All segments contributed to a 14.5 percent adjusted operating profit margin, representing a 22 percent increase over prior year.

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Masco Reports Strong Net Sales and Operating Profit Growth in Second Quarter 2015

2015-08-03 07:00:00| Coatings World Breaking News

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1st Half: BASF's Sales Up 3%, Net Income Down 10%

2015-07-27 10:30:18| Chemicals - Topix.net

"In the second quarter of 2015, we improved our sales and earnings despite lower growth in some markets and continuing volatile raw material prices. In the first half of 2015, our earnings matched the level of the first half of the previous year - in line with our full-year outlook," said Dr. Kurt Bock, Chairman of the Board of Executive Directors of BASF SE at the Half-Year Press Conference.

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Apple Sales Miss Target; Microsoft, Yahoo Net Swing to Loss

2015-07-23 05:50:26| Appliances - Topix.net

Boeing net plunged 33% but revenues jumped 11%. Illinois Tool net tumbled 68%. Microsoft net swung to a loss.

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