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Amgen tops estimates with 51 percent spike in 1Q profit

2015-04-22 00:25:37| Biotech - Topix.net

" Amgen Inc. boosted first-quarter profit by 51 percent, thanks to surging sales of its top prescription drugs and ongoing cost cuts designed to free up cash to mount an unprecedented spurt of new product launches. The huge biologic drugmaker on Tuesday edged out Wall Street forecasts and boosted its profit forecast for 2015 a bit.

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Goldman's profit, revenue tops estimates

2015-04-17 08:34:44| IT Services - Topix.net

Goldman Sachs Group Inc. said Thursday that its first-quarter profit climbed 40% as the investment bank managed through a volatile market environment. The New York-based bank reported a profit of $2.84 billion, or $5.94 a share.

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H&M Profit Tops Estimates as Retailer Extends Offering

2015-03-24 22:13:39| Appliances - Topix.net

2 clothing retailer, reported first-quarter profit that beat analysts' estimates as the company cut back on discounting without harming sales or market share. Net income rose 36 percent to 3.61 billion kronor in the three months ended Feb. 28, the Stockholm-based company said in a statement Tuesday.

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AutoZone Tops Estimates On Gas Prices, Weather

2014-12-09 21:49:42| Auto Parts - Topix.net

AutoZone reported double-digit fiscal first-quarter earnings growth as plunging gasoline prices and favorable weather led to better than expected results. Analysts said, though, that AutoZone, the top U.S. auto parts retailer, could face headwinds in the coming year due to higher costs and intense competition.

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