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Thomson Reuters reports second-quarter profit up from year ago, revenue down

2015-07-29 18:28:00| IT Services - Topix.net

Thomson Reuters reported an increase in its second-quarter profit compared with a year ago, while a stronger U.S. dollar hurt its revenue. The financial data and information company, which keeps its books in U.S. dollars, says it earned a profit attributable to shareholders of US$262 million or 33 cents per diluted share, up from $249 million or 31 cents per diluted share a year ago.

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International Paper Reports Second-Quarter Earnings Growth

2015-07-29 18:24:16| Paper - Topix.net

The Memphis-based company, which released its quarterly financial results Wednesday, July 29, said second-quarter net earnings totaled $227 million, or 54 cents per share. That's up from $161 million, or 37 cents per share, in second quarter 2014, but down from $313 million, or 74 cents per share, in first quarter 2015.

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Universal Stainless reports second quarter loss

2015-07-29 16:49:21| Steel - Topix.net

Universal Stainless & Alloy Products today reported a second quarter loss, citing slumping demand from the oil and gas industry and customers who delayed purchases in anticipation of falling prices. The Bridgeville specialty steels producer said it lost $356,000, or 5 cents per share vs. earnings of $1.4 million, or 20 cents per share, in the year-ago quarter.

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FTSE boosted by company reports

2015-07-29 09:38:14| BBC News | Business | UK Edition

Another bumper series of company reports helps the FTSE 100 off to a higher start on Wednesday.

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LG Electronics reports 45 percent plunge in 2Q earnings

2015-07-29 09:37:42| Electronics - Topix.net

LG Electronics says its second quarter earnings sank 45 percent over a year earlier as losses widened in its TV business. The company reported Wednesday a net profit of 226.4 billion won for the April-June quarter, compared with 411.8 billion won a year earlier.

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