Earnings roundup: Global Payments 1Q profit rises, Immucor earnings grow 7 percent in 1QOctober 1st, 2009 Earnings roundup: Global Payments, ImmucorAmong the earnings stories for Thursday, Oct. 1, from AP Financial News:
ATLANTA (AP) — Global Payments Inc.
FedEx 1Q earnings fall 53 percent; says profit will remain weak through end of yearSeptember 17th, 2009 FedEx 1Q earnings fall 53 percentNEW YORK — FedEx Corp. said Thursday its first-quarter earnings fell 53 percent — matching its prediction released last week — and warned its profit will remain weak through at least the end of the year.
FedEx 1Q profit falls, sees improving economy but notes profit will stay weak this yearSeptember 17th, 2009 FedEx 1Q profit falls, sees improving economyNEW YORK — FedEx Corp. said Thursday it sees signs of improvement in the global economy as international shipments pick up, but warned its profit will remain weak at least through the end of the year.
FedEx boost 1Q profit guidance due to improved international demand, cost cut, shares jumpSeptember 11th, 2009 FedEx boosts 1Q earnings guidance, shares jumpMEMPHIS, Tenn. — FedEx Corp., the world's second largest package delivery company, raised its first-quarter earnings forecast on Friday, citing better-than-expected international shipments and cost-cutting.
FedEx shares jump as it boosts 1Q profit guidance on improved international demand, cost cutsSeptember 11th, 2009 FedEx boosts 1Q earnings guidance, shares upNEW YORK — FedEx Corp., the world's second largest package delivery company, raised its first-quarter earnings forecast on Friday, citing better-than-expected international shipments and cost-cutting. Its shares leapt more than 6 percent in midday trading.
Hain Celestial Group expects fiscal 2010 profit below analyst expectationsAugust 25th, 2009 Hain Celestial Group sees 2010 profit below StreetMELVILLE, N.Y. — The Hain Celestial Group Inc., which makes Celestial Seasonings tea, on Tuesday it expects to report a profit in fiscal 2010, which ends in June.
Alliant Techsystems posts 28 percent increase in 1st-quarter profit on higher ammunition salesAugust 6th, 2009 Alliant Techsystems 1Q profit up on strong salesMINNEAPOLIS — Military contractor Alliant Techsystems Inc. said Thursday its fiscal first-quarter profit rose 28 percent on higher ammunition sales and improved margins, topping analysts' expectations.
F5 Networks expects 4th-quarter profit above analyst expectationsJuly 23rd, 2009 F5 Networks offers 4Q outlook above expectationsSEATTLE — F5 Networks Inc., which makes products that manage and route computer network traffic, said Wednesday it expects fiscal fourth-quarter profit above analyst expectations. The Seattle-based company said it predicts a fourth-quarter profit of 40 cents to 42 cents per share, excluding a stock-option expense, while analysts polled by Thomson Reuters predict a profit of 38 cents per share.
UPS 2Q profit drops with fewer packages shipped; near-term outlook is dimJuly 23rd, 2009 UPS 2Q profit plunges 49 percent as sales slideATLANTA — Consumers are sending fewer, lighter packages, businesses are urgently trying to spend less on shipping orders, and it all spells bad news for UPS Inc. The economic bellwether said Thursday its second-quarter profit plunged 49 percent and cautioned that its near-term outlook probably won't improve.
FedEx sees "extremely difficult" quarters ahead, after posting bigger 4th-quarter lossJune 17th, 2009 FedEx posts bigger loss, issues gloomy outlookNEW YORK — FedEx Corp. on Wednesday warned it expects "extremely difficult" conditions in the next two quarters, after the nation's second largest package shipper posted a bigger fiscal fourth-quarter loss due to hefty one-time charges and lower revenue.
FedEx posts widened 4th-qtr loss, but adjusted results top Wall Street's expectationsJune 17th, 2009 FedEx posts loss, but adjusted results top viewNEW YORK — FedEx says it posted a bigger fiscal fourth-quarter loss, weighed down by hefty one-time charges, but adjusted results came in well above expectations on Wall Street. The company said Wednesday it lost $876 million, or $2.82 per share, compared with a loss of $241 million, or 78 cents per share a year ago.
FedEx sees "extremely difficult" quarters ahead, as business and consumers ship fewer packagesJune 17th, 2009 FedEx posts bigger loss with a gloomy outlookNEW YORK — FedEx, the nation's second largest package shipper, lost more money in the last quarter, as consumers and businesses downsized shipments and the company took over $1 billion in one-time charges. Memphis, Tenn.-based FedEx Corp.
FedEx expects to take $1.2B in fiscal 4th-qtr charges related to acquisitions, employee costsJune 3rd, 2009 FedEx expects to take $1.2B in fiscal 4Q chargesNEW YORK — FedEx says it will book a total of $1.2 billion in charges in its fiscal fourth quarter as writedowns on the value of two acquisitions ended up being bigger than originally anticipated. The Memphis, Tenn.-based package delivery company said Wednesday it will take a noncash charge of about $900 million related to the 2004 purchase of Kinko's, now known as FedEx Office.
R-Com net up 9.5 percentApril 30th, 2009 MUMBAI - Leading telecom service provider Reliance Communications (R-Com) has reported a 9.5 percent increase in its profits for 2008-09 to Rs.5,907.55 crore after accounting for minority interest, as compared to Rs.5,792.67 crore the previous fiscal. However, without accounting for minority interest and associates, the net profit for the year slumped 9.5 percent from Rs.6,792.67 crore in 2007-08 to Rs.6,147.48 last fiscal.
HT Media net profit down 79 percentJanuary 19th, 2009 MUMBAI - HT Media, which publishes leading dailies like Hindustan Times and Mint, Tuesday reported a sharp drop of 79 percent in its net profit during the third quarter of this fiscal. In a regulatory filing, the company said its net profits fell to Rs.78 million for the third quarter of this fiscal from Rs.369 million for the corresponding period the previous fiscal.
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