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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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Metals producer RTI posts first-quarter profit

2015-04-28 15:36:56| Industrial Machines - Topix.net

RTI International Metals today reported a first-quarter profit, reversing a year-ago loss as the Moon titanium producer benefited from strong demand from aerospace and medical industry customers. The company reported net income of $4.5 million, or 15 cents per share, vs. a loss of $4.2 million, or 14 cents per share, in the year-ago quarter.

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UPDATE 1-Paper maker UPM misses first-quarter profit expectations

2015-04-28 14:15:44| Paper - Topix.net

Finland's UPM-Kymmene , the world's largest maker of graphic papers such as magazine paper and newsprint, missed quarterly core profit expectations due to weak paper deliveries and prices. The company said on Tuesday its profit was boosted by cost cuts and favourable exchange rates, but that was offset by weaknesses in its paper and energy divisions.

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United Airlines' first-quarter profit jumps, but watch out - other changes are coming

2015-04-24 15:50:15| Airlines - Topix.net

That distinctive used-airplane smell could become much more familiar to United Airlines passengers in years to come as the Chicago-based carrier revealed a major change in fleet plans today. That was just one bit of news buried in United Airlines' 14-page report on its 2015 first quarter financials , which included a record first-quarter profit of $582 million, a major turnaround from the $609 million loss a year ago.

Tags: united changes coming watch

 

Texas Instruments posts higher first-quarter profit and revenue on auto and industrial strength

2015-04-23 10:54:17| Semiconductors - Topix.net

Texas Instruments Inc. posted higher profits and revenue based on strong automotive and industrial markets, but the company expects a tougher current quarter. The chipmaker today reported that its first-quarter net profit jumped 35 percent to $656 million, or 61 cents per share, from $487 million, or 44 cents per share, a year earlier.

Tags: auto posts industrial higher

 

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