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Columbus McKinnon reports $6.9 million profit in 1Q
2015-07-31 19:20:37| Industrial Machines - Topix.net
Columbus McKinnon made a $6.9 million profit in its first quarter, a 2.6 percent increase over the previous year. Company sales were down 4.7 percent to $136.2 million, as the Amherst-based took a $8.9 million hit because of foreign currency exchange.
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Gildan Activewear reports US$99.4M Q2 profit, down from $166M a year ago
2015-07-31 15:50:22| Apparel - Topix.net
Gildan Activewear Inc. reported lower than expected results as its second-quarter profit dropped due to price cuts it made to its clothing sold to screenprinters. The company says the price cuts to for its printwear were partly offset by higher sales and margins in its branded clothing and lower taxes.
George Weston Ltd. reports $51-million second-quarter profit, sales up
2015-07-31 13:34:28| Grocery - Topix.net
The grocery and bakery company says the profit amounted to 32 cents per share in the quarter ended June 20. That compared with a loss of $208 million or $1.71 per share a year ago when it took a big charge related to the Loblaw acquisition of Shoppers Drug Mart Corp.. On an adjusted basis, George Weston says it earned a profit of $180 million or $1.33 for the 12-week period, up form an adjusted profit of $169 million or $1.25 per share a year ago.
Airbus reports profits up by 34%
2015-07-31 10:28:59| BBC News | Business | UK Edition
Europe's aircraft maker Airbus group beats forecasts with a rise in profits for the first half of the year.
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What downturn in the energy industry? Valero reports record results
2015-07-31 10:09:48| Energy - Topix.net
While oil-and-gas producers are getting hammered by the low commodity price for crude oil, refiners like Valero Energy Corp. are cashing in on the cheap oil to manufacture refined products like gasoline and diesel. San Antonio-based Valero reported net income from continuing operations of $1.4 billion, or $2.66 per share, in the second quarter, compared to $651 million, or $1.22 per share, in the second quarter of 2014.
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