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Ecolab downgrades profit forecast after first-quarter miss on profits and sales
2015-04-28 20:56:06| Chemicals - Topix.net
"While food service and light industrial markets continue to show improving trends, energy markets contracted faster than expected and currency headwinds have increased," Ecolab CEO Doug Baker said. Ecolab Inc. said it will deliver lower profits this year than earlier forecasted after missing analysts' expectations for first-quarter profits and revenue.
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Fresh Del Monte Produce profits slide
2015-04-28 16:29:11| Agriculture - Topix.net
The company booked net income of US$44.2m for the quarter to 27 March, down from $58.9m a year earlier. Operating income stood at $56.3m, versus $65.2m in the first quarter of 2014.
Standard Chartered profits down
2015-04-28 10:43:46| BBC News | Business | UK Edition
UK-based bank Standard Chartered posts a 22% fall in pre-tax profit for the first three months of the year.
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LabCorp sees revenues jump from Covance deal, but profits slide
2015-04-28 08:14:57| Biotech - Topix.net
Laboraratory Corp. of American saw its revenues rise during the first quarter thanks largely to its purchase in mid-February of drug development services company Covance . But that boost in revenues didn't translate into stronger profits, with the Burlington-based LabCorp posting net earnings of only $700,000 after more than $100 million in costs related to the Covance deal were factored in.
Double-digit sales increase boosts profits for A.O. Smith
2015-04-25 15:13:17| Electronics - Topix.net
Sales of water heaters and boilers in the U.S. and foreign markets increased by double digits, helping A.O. Smith Corp. to boost profits in the first quarter of 2015, the Milwaukee-based company said Friday. Net income for the quarter that ended March 31 was $58.4 million, or 65 cents per share, an 11.7 percent increase compared with $46.7 million, or 51 cents per share, in the same quarter a year ago.
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