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Alcoa swings to profit, but revenue misses

2015-04-09 00:09:05| Industrial Machines - Topix.net

Alcoa Inc. swung to first-quarter profit on revenue growth that mostly stemmed from strong volume in its divisions that make parts for the automotive and aerospace markets and a boost from stronger aluminum prices. Alcoa's earnings report unofficially marks the start of the first-quarter earnings reporting season, one that is expected to be weak as many U.S. companies get hit by effects from lower oil prices, imports and a stronger U.S. dollar.

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BlackBerry swings to fiscal Q4 profit

2015-03-27 01:00:00| Total Telecom industry news

CEO John Chen seeks stability after revenue, device sales both fall again.

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Lenzing swings to FY loss of EUR14.2m

2015-03-25 13:02:00| Daily apparel & textile news and comment - from just-style.com

Austrian cellulosic fibre producer Lenzing Group has said operating results in 2014 exceeded expectations, with higher cost-saving targets achieved, despite swinging to a full-year net loss.

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New York & Co swings to Q4 loss on discounting

2015-03-20 16:01:00| Daily apparel & textile news and comment - from just-style.com

Apparel retailer New York & Co has swung to a fourth-quarter and full-year loss, weighed down by lower sales, increased promotions and higher freight costs from the West Coast port disruption.

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Jabil Circuit Swings to Profit

2015-03-19 08:05:40| Electronics - Topix.net

Jabil Circuit Inc. swung to a profit in the February quarter as revenue jumped 20% following a year of cost-cutting. For the current quarter, the St. Petersburg, Fla., electronics supplier projects earnings of 29 cents to 44 cents a share, or core earnings of 43 cents to 55 cents a share, on $4.35 billion to $4.55 billion in revenue.

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