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United Airlines' first-quarter profit jumps, but watch out - other changes are coming

2015-04-24 15:50:15| Airlines - Topix.net

That distinctive used-airplane smell could become much more familiar to United Airlines passengers in years to come as the Chicago-based carrier revealed a major change in fleet plans today. That was just one bit of news buried in United Airlines' 14-page report on its 2015 first quarter financials , which included a record first-quarter profit of $582 million, a major turnaround from the $609 million loss a year ago.

Tags: united changes coming watch

 

Texas Instruments posts higher first-quarter profit and revenue on auto and industrial strength

2015-04-23 10:54:17| Semiconductors - Topix.net

Texas Instruments Inc. posted higher profits and revenue based on strong automotive and industrial markets, but the company expects a tougher current quarter. The chipmaker today reported that its first-quarter net profit jumped 35 percent to $656 million, or 61 cents per share, from $487 million, or 44 cents per share, a year earlier.

Tags: auto posts industrial higher

 
 

Volvo truck maker picks rival Scania boss as new CEO, posts big first-quarter profit increase

2015-04-22 11:17:03| Automakers - Topix.net

Swedish truck maker AB Volvo has tapped Martin Lundstedt, the top boss at rival Scania AB, to become the new chief executive and group president later this year. Group chairman Carl-Henric Svanberg says the Goteborg-based company "is gradually" entering a new phase with "an intensified focus on growth and increased profitability."

Tags: big posts increase profit

 

a Jakks shrinks first-quarter loss

2015-04-21 22:58:21| Toys - Topix.net

Toymaker Jakks Pacific Inc. posted a smaller first-quarter loss than a year ago, helped by sales of Disney Frozen products and Star Wars toys. Malibu-based Jakks reported a loss of $7.6 million, or 40 cents a share, in its quarter ended March 31, compared with a loss of $16.3 million, or 74 cents a share, a year ago.

Tags: loss shrinks jakks firstquarter

 

Oil slide slashes first-quarter profit, not investment plans at Saudi's SABIC

2015-04-19 15:07:54| Chemicals - Topix.net

Saudi Basic Industries Corp faces heavy pressure on its profits due to cheap oil but will keep investing globally to boost capacity in key areas, its acting chief executive said on Sunday after the company reported a 39 plunge in first-quarter profit. SABIC 2010.SE, one of the world's largest petrochemicals groups and Saudi Arabia's biggest listed firm, said net profit sank to 3.93 billion riyals in the three months to March 31 from 6.44 billion riyals a year earlier.

Tags: plans investment oil profit

 

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