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Advance Auto Parts (AAP) Stock Falls in After-Hours Trading Ahead of Earnings Results

2015-08-13 01:27:00| Auto Parts - Topix.net

The Roanoke, VA-based company is expected to report earnings of $2.25 per share on revenue of $2.4 billion for the most recent quarter. Those totals are ahead of the $2.08 per share on revenue of $2.3 billion the company reported for the year ago period.

Tags: results auto stock parts

 

Alibaba opg profit falls on option costs, revenues up 28%

2015-08-12 15:06:00| Telecompaper Headlines

(Telecompaper) Alibaba Group reported second-quarter revenues up 28 percent year-on-year to CNY 20.25 billion. The company saw the amount of merchandise sold on its Chinese e-commerce platforms grow by 34 percent year-on-year and 12 percent compared to the first quarter to CNY 673 billion. Purchases over mobile devices grew even faster, more than doubling compared to the same period of 2014 to CNY 371 billion. Monthly active users of its sites were up 63 percent year-on-year to 307 million, and the number of active buyers in the past 12 months rose 32 percent to 367 million. The company increased adjusted EBITDA 23 percent year-on-year to CNY 10.59 billion, but operating profit was down 25 percent to CNY 5.16 billion due to the costs of stock options. Alibaba said that excluding the cost of stock-based compensation, its operating profit would have increased 16 percent in the period. Net profit still more than doubled, to CNY 30.82 billion from CNY 12.44 billion a year ago, due to a one-time gain of CNY 24.73 billion from spinning off its films business Alibaba Pictures. 

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Manitou Group Will Display at Empire Farm Show 2015 - Seneca Falls, NY

2015-08-12 12:31:12| Industrial Newsroom - All News for Today

EMPIRE FARM SHOW 2015- Seneca Falls, NY Manitou Group celebrates 500,000 machines sold under the Gehl, Manitou and Mustang brand names West Bend, WI Manitou Group, world leader in all-terrain material handling, will attend this years Empire Farm Show in Seneca Falls, New York from Tuesday, August 11 to...

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Fossil Falls 5%: No Mention of Apple, Upbeat on Coming Wearables

2015-08-12 01:43:16| Jewelry - Topix.net

Watch maker Fossil Group , which sells under its own brand and also Danish brand Skagen, this afternoon reported Q2 revenue that fell short of analysts' expectations, though it beat on the bottom line, and forecast growth for the year lower as well, citing the impact of the rising U.S. dollar , and slumping sales in some international markets . The company, however, was upbeat about its first wearable technology offerings, coming this fall, and didn't discuss Apple and its Apple Watch , which some might think could affect Fossil watch sales.

Tags: on coming falls apple

 

California Falls Short of 75 Percent Recycling Goal

2015-08-06 21:14:00| Waste Age

The Desert Sun Back in 2011, state legislators set a policy goal that California would reduce, recycle or compost 75 percent of what would have been trash by 2020. But since the recycling goal was announced, Californias source-reduction, recycling and composting rates havent improved from 50 percent. read more

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