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LB Foster first-quarter earnings beat expectations

2015-05-06 16:08:05| Industrial Machines - Topix.net

Green Tree-based L.B. Foster reported first-quarter net income today of $4.3 million, or 41 cents per per share, up from $3.6 million, or 35 cents per share, in the year-ago quarter. The company, which makes products for the rail, construction and energy markets, said it had revenue of of $137.9 million in the quarter ended March 31, up from $111 million a year ago.

Tags: beat expectations foster earnings

 

USA Truck Posts First-Quarter Profit

2015-05-05 23:20:33| Trucking - Topix.net

USA Truck Inc. reported net income of $1.12 million, or 11 cents per share, to end a streak of first-quarter losses that covered eight years. The company that ranks No.

Tags: usa posts profit truck

 
 

Three of Hussman's First-Quarter Acquisitions Jump Into His Top 20 Holdings

2015-05-02 19:08:51| Semiconductors - Topix.net

Guru John Hussman , the president and principal shareholder of Hussman Strategic Advisors, added three stakes to his portfolio in the first quarter that were large enough to qualify for spots in his top 20 holdings by volume. Two of those stakes are in the Retail - Apparel and Specialty sector, and one - Staples - was big enough to land in Hussman's top 10. Hussman bought 400,000 shares of Staples, a Massachusetts-based office supply chain store, for an average price of $16.79 per share.

Tags: top jump holdings acquisitions

 

Adidas CEO says first-quarter results will show company is 'back in full swing'

2015-05-02 17:19:19| Footwear - Topix.net

Adidas's beleaguered chief executive, Herbert Hainer, has defended his record, saying first-quarter results next week will show the German sportswear company made a great start to 2015. Hainer, CEO since 2001, faced calls to step down last year after a series of profit warnings and as the company has lost ground to U.S. rival Nike .

Tags: back show results full

 

Hampton Roads banks report record first-quarter profit

2015-05-02 02:55:50| Paper - Topix.net

Chesapeake-based Monarch Bank plans to open its Peninsula headquarters at Newport News Tech Center early next year, CEO Brad E. Schwartz said. Monarch, which has offices near Williamsburg in New Town, plans to open a full-service banking branch and mortgage office in 8,000 square feet of an office building under construction near Whole Foods, the company announced last year.

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