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P&G fiscal 2Q earnings drop 31 pct, hurt by exchange rates

2015-01-27 19:48:16| Biotech - Topix.net

Procter & Gamble's second-quarter earnings sank 31 percent as the strong U.S. dollar cut into the performance of the world's largest consumer products maker. The Cincinnati company, which sells products ranging from Tide detergent to Crest toothpaste, said Tuesday that exchange rates will remain a challenge well into fiscal 2015, especially in the second half of its year.

Tags: rates exchange drop fiscal

 

Norfolk Southern 4Q profit flat as coal revenue falls 15 pct

2015-01-26 15:48:01| Railroads - Topix.net

Norfolk Southern Corp. reported its profit was little changed in the fourth quarter from a year ago because the railroad's coal revenue fell 15 percent on weak demand from utilities and export markets. The Norfolk, Virginia, based company said Monday that total volume increased 4 percent but that wasn't enough to offset the coal weakness.

Tags: flat falls southern profit

 
 

Sugar output at Uganda's top producers seen up 11 pct in 2015

2015-01-26 08:36:06| Sugar Industry News

KAMPALA (Reuters) - Uganda's three largest sugar refiners are expected to produce 11.5 percent more this year, helped by an expanded cane acreage, an industry official told Reuters on Wednesday.

Tags: in top output sugar

 

UnitedHealth earnings rise 6 pct, top Wall St. expectations

2015-01-21 13:27:17| Beverages - Topix.net

UnitedHealth Group Inc. reports quarterly financial results on Wednesday, Jan. 21, 2015. UnitedHealth's fourth-quarter earnings rose nearly 6 percent in a performance that topped Wall Street expectations, and the nation's largest health insurer brought an optimistic vibe into the new year as it detailed final results from 2014.

Tags: top wall rise expectations

 

Volkswagen says it sold more than 10 million cars and trucks in 2014 as deliveries up 4.2 pct

2015-01-12 10:32:31| Automakers - Topix.net

Volkswagen says it sold more than 10 million vehicles last year for the first time as strong performances in China and western Europe pushed deliveries 4.2 per cent higher. Volkswagen AG announced Sunday night that it delivered 10.14 million cars and trucks in 2014, up from 9.73 million the previous year.

Tags: up million cars sold

 

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