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Coca-Cola sales miss estimates
2015-10-22 11:59:50| Beverages - Topix.net
Coca-Cola posted third-quarter revenue that trailed analysts' estimates as the strong dollar hurt sales abroad, putting pressure on Chief Executive Officer Muhtar Kent to maintain an aggressive cost-cutting programme. Revenue fell 4.6 percent to $11.4 billion, the Atlanta-based company said in a statement on Wednesday.
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Raymond James shares slip fractionally after earnings miss
2015-10-22 03:00:07| Apparel - Topix.net
Raymond James shares slipped 0.1% to $51.15. The company reported fiscal first-quarter earnings of 88 cents a share on revenue of $1.37 billion.
Whats Wrong Here? Hint: A Near Miss
2015-10-21 16:22:00| Electrical Construction & Maintenance
Think you know how this installation violates the NEC? read more
Railroads warn they will miss safety system deadline, cargo shipments at risk
2015-10-20 02:37:46| Railroads - Topix.net
Railroads warn they are on track to miss a Dec. 31 deadline for installing complex new safety technology on trains that carry cargo, and are pushing Congress to extend the deadline or else oil, gasoline and other goods moved by rail could be stopped in their tracks, FuelFix reports. Major U.S. freight railroads, including BNSF , CSX and Norfolk Southern , have said they will shut down many operations on Dec. 31 to comply with the deadline and avoid hefty fines; because railroads would be forced to begin shutting down services weeks earlier, they need a clear signal from Congress before the end of October, Association of American Railroads president Ed Hamberger says.
Morgan Stanley shares slide after earnings miss
2015-10-19 15:54:11| IT Services - Topix.net
Morgan Stanley said its third-quarter profit fell 40% as the company managed through choppy markets that depressed trading activity. The New York-based bank reported a profit of $1.02 billion, or 48 cents a share.
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