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American Airlines posts $2 billion loss on charges

2014-01-28 16:51:06| Airlines - Topix.net

An American Airlines plane and a US Airways plane are parked at Washington's Ronald Reagan National Airport in Washington.

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Pfizer's 4Q net plunges on charges, sales decline

2014-01-28 14:51:21| Biotech - Topix.net

Drugmaker Pfizer said Tuesday that fourth-quarter profit plunged 59 percent because of discontinued operations, restructuring and other charges, and generic competition continuing to siphon off revenue from former blockbuster medicines.

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UPDATE 1-Two Hong Kong firms to pay $11 mln to settle SEC insider trading charges

2014-01-28 13:40:31| Oil & Gas - Topix.net

Two Hong Kong asset management firms have agreed to pay $10.9 million to settle charges by the U.S. Securities and Exchange Commission of insider trading ahead of a bid by China's CNOOC for Canadian oil company Nexen Inc. The proposed accord, disclosed in a court filing Monday, would add to the more than $18 million the U.S. securities regulator ... (more)

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Net profit rises as Siemens AG moves past one-time charges

2014-01-28 11:27:23| Industrial Machines - Topix.net

Industrial equipment maker Siemens AG said quarterly net profit rose 20 per cent as the company moved past one-time charges for delays delivering high-speed trains.

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Net profit rises as Siemens AG moves past one-time charges

2014-01-28 09:57:30| Telecom - Topix.net

Industrial equipment maker Siemens AG says quarterly net profit rose 20 per cent as the company moved past one-time charges and pressed ahead with its cost-reduction program.

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