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Tag: sales
Detroit automakers rely on U.S. truck sales for global profits
2015-04-28 23:50:46| Automakers - Topix.net
Detroit automakers have come full circle, relying as they did before the financial crisis on profits from selling trucks and sport utility vehicles in the United States to cover losses overseas. That's the profit formula Detroit was supposed to move beyond after the financial crisis, gas price shocks and the federal bailouts of General Motors and Chrysler.
Kraft Foods profit falls as sales dip
2015-04-28 23:46:12| Food - Topix.net
The Northfiled, Ill., company, which was spun off in 2012 from Mondel z International Inc., is now merging with H.J. Heinz Co. The merger is expected to close in the second half of 2015 and would create the third-largest food and beverage company in North America, with about $28 billion in revenue, and is expected to result in about $1.5 billion in annual savings by the end of 2017.
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Twitter reports disappointing sales
2015-04-28 22:01:05| BBC News | Business | UK Edition
Twitter has reported lower than expected revenue for the first three months of the year, saying that new products sold less well than forecast.
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disappointing
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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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Coach is getting crushed after announcing a sales miss and store closures
2015-04-28 19:31:37| Apparel - Topix.net
In the third quarter, the New York-based luxury fashion company reported adjusted earnings per share of $0.36, beating the estimate of $0.35, according to Bloomberg. CEO Victor Luis said in the earnings statement : "We are pleased with our third quarter performance which was consistent with our plan and annual guidance despite the increased negative impact of foreign exchange on our top-line results.
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