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Fiat Chrysler falls to loss amid cost of recalls

2015-10-29 16:54:04| Automakers - Topix.net

Fiat Chrysler Automobiles NV said Wednesday it swung to a net loss of 306 million euros in the third quarter as it recalculated the cost of a huge recall campaign in North America. Fiat Chrysler increased by 761 million euros the estimated cost of future recalls in the United States and Canada after revising its actuarial method.

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ASX falls over 1pc as Woolies disappoints

2015-10-29 12:47:40| Grocery - Topix.net

Consumer stocks led Australian shares sharply lower on Thursday following a dreadful quarterly sales report from Woolworths, while ANZ reported full-year profit numbers and Blackmores shares briefly hit $200 each. The market started the day in positive territory following strong gains on Wall Street, which reached two-month highs.

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Barclays profit falls after settlements

2015-10-29 08:23:15| BBC News | Business | UK Edition

Barclays says third-quarter profit before tax fell to 861m from 1.22bn a year ago after the lender set aside more money to settle customer claims.

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S&P 500 Index Consolidates as Oil Price Falls and Apple Weighs

2015-10-27 17:19:52| Auto Parts - Topix.net

Weak third-quarter trading was largely overcome in the last three weeks as tech and large caps lead the gainers. Stocks on Wall Street traded lower and energy complex led the decliners and Apple Inc edged down ahead of earnings on Tuesday.

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TNT says profit falls, 2015 a 'challenging' year

2015-10-26 09:38:28| Air Courier - Topix.net

Dutch parcel TNT Express N.V. Monday reported a 71% fall in third quarter adjusted operating income, warning of a challenging year ahead, marked by the ramp-up of new and upgraded facilities and the impending merger with FedEx Corp. in a $5 billion deal. The company said that it expects to book restructuring charges of about 10 million euros in the fourth quarter of 2015.

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