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Comtech Telecommunications sales, net income decline

2015-12-10 02:33:00| Telecom - Topix.net

Comtech Telecommunications Corp. Wednesday posted lower sales and net income for the quarter ended Oct. 31 on weakness in its telecommunications transmission business. The Melville maker of communications systems for military and civilian markets reported that first quarter sales fell 16.1 percent compared to the year-earlier quarter, to $64.1 million.

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Toyota starts sales of 4th generation Prius hybrid, hopes to ship 350,000 a year

2015-12-09 08:13:19| Automakers - Topix.net

Toyota expects annual sales of its newly-released fourth generation Prius hybrid to reach as many as 350,000 vehicles. The automaker is promising mileage of 40.8 kilometres a litre in Japan for its latest version of the gasoline-electric car, better than the 40 kpm initially projected.

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Springfield-Area Home Sales Down, but Realtors Remain Positive

2015-12-09 06:51:08| Real Estate - Topix.net

The head of the Capital-Area Association of Realtors says she's not concerned by the fact that, after months of record-setting numbers, home sales for November were at their slowest pace since November of 2003. "The positive part of this is the price - the [medial] price is starting to go up, which is very exciting, with interest rates still being very low," says Kristie DeBrun, CAR president.

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UPDATE 1-China auto sales to maintain growth rate in 2016: Passenger car association

2015-12-09 06:13:33| Auto Dealers - Topix.net

Dec 8 Passenger car sales in China are expected to grow 10 percent in 2016, roughly equivalent to this year's rate, the China Passenger Car Association said on Tuesday. The forecast is the first from an industry body, with independent analysts predicting 1-8 percent growth in passenger car sales next year in the world's largest car market.

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AutoZone Profit, Sales Up in Latest Quarter

2015-12-09 05:27:52| Auto Parts - Topix.net

Ahead of its annual meeting in Memphis next week, AutoZone's fiscal first-quarter results for the period ended Nov. 21 showed the car parts retailer working to deliver on its 2016 operating mantra: "Yes, we've got it." AutoZone's fiscal first quarter results for the period ended Nov. 21 included profit up 8.3 percent over the same period last year to $258.1 million; net sales up 5.6 percent to $2.4 billion; and the company's 37th consecutive quarter of double-digit earnings per share growth.

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