Heico 3Q profit falls 13 percent on continued decline in air travelAugust 27th, 2009 Heico 3Q profit falls as air travel slumpsHOLLYWOOD, Fla. — Aerospace and defense company Heico Corp.
Netezza's 2nd-quarter profit plunges on lower sales, higher costsAugust 27th, 2009 Netezza 2Q profit plunges on sales, costsMARLBOROUGH, Mass. — Netezza Corp., which makes products that enable companies to store and analyze large amounts of data, said Thursday its second-quarter profit plunged on a mix of sliding sales and higher costs.
Brink's 2nd-quarter profit drops 58 percent to $20.3 million as sales slideJuly 30th, 2009 Brink's 2Q profit plunges 58 percentRICHMOND, Va. — Armored car company Brink's Co.
Flextronics drops to 1st-quarter loss from year-ago profit on restructuring chargesJuly 29th, 2009 Flextronics plunges to 1Q loss, still tops outlookNEW YORK — Singapore-based contract electronics manufacturer Flextronics International Ltd. plunged to a loss in its fiscal first quarter on restructuring and other charges, but adjusted results still beat expectations.
Paint maker Akzo Nobel reports 13 percent fall in net profit in 2nd quarterJuly 29th, 2009 Akzo Nobel net profit down 13 percent in Q2AMSTERDAM — Akzo Nobel NV, the world's largest maker of paint, reported Wednesday a 13 percent fall in second-quarter profit, citing weak demand amid the economic downturn, but shares jumped on news that cost-cutting and lower raw materials costs had preserved margins. Net profit was €155 million ($220 million), down from €201 million in the same period a year ago but still better than analyst expectations.
Honda's net profit plunges 95.6 percentJuly 29th, 2009 TOKYO - Honda Motor Co saw its net profit plunge 95.6 percent to 7.56 billion yen ($80 million) in the April-to-June quarter because of a global decline in auto sales, the Japanese carmaker said Wednesday. Although cost-cutting measures showed some positive effects in earnings results in Honda's first quarter, Japan's second-largest carmaker said production cuts and a stronger yen reduced operating profit in those three months.
Honda's profit plunges but raises full-year forecasts on signs auto slump easingJuly 29th, 2009 Honda profit plunges in Q1 but raises forecastsTOKYO — Honda bucked expectations of losses in the first quarter, Wednesday posting a 7.5 billion yen ($79.8 million) profit and raising forecasts for the full year on optimism auto sales will improve. The results for the April-June period were better than the flood of red ink some analysts had forecast though profit was still down 96 percent, battered by slumping car sales and a strong yen, which offset cost cuts.
Air France-KLM says quarterly sales down 20.5 percentJuly 23rd, 2009 Air France-KLM: quarter sales down 20.5 percentPARIS — Airline Air France-KLM said Thursday that sales in its first quarter dived 20.5 percent, with a particularly sharp drop in cargo business amid an ongoing slump in the airline industry. Citing continued "deterioration in the economic environment," the company said overall sales hit euro5.19 billion ($7.38 billion) in the April-June quarter.
Singapore Airlines quarterly profit drops 92 percent as global slowdown hurts demandMay 14th, 2009 Singapore Airlines profit plunges as demand wanesSINGAPORE — Singapore Airlines Ltd. said its January-March profit plunged 92 percent as travelers cut down on trips amid a global economic slowdown.
Disney's 2nd-quarter net income plunges 46 percent on studio, theme parks declinesMay 5th, 2009 Disney 2Q profits plunge 46 percentLOS ANGELES — Walt Disney Co. says its second-quarter net income fell 46 percent, with sharply lower profits at its movie studio and theme parks.
Diebold 1st-quarter profit plunges on hefty charge, will reduce staff by about 300 jobsMay 5th, 2009 Diebold 1Q profit plunges, will reduce staffNORTH CANTON, Ohio — ATM maker Diebold Inc. says it will reduce its staff by about 300 jobs as its profit skidded 88 percent in the first quarter on a hefty charge related to a proposed SEC settlement.
Singapore manufacturing plunges 34 percent in March as demand for exports collapsesApril 24th, 2009 Singapore's manufacturing slump worsens in MarchSINGAPORE — The slump in Singapore's manufacturing accelerated in March as the global collapse in demand for exports continued to batter the tiny Southeast Asian city-state. Industrial production fell 34 percent from a year earlier and dropped a seasonally adjusted 14 percent from February, the Trade and Industry Ministry said Friday.
Air Products posts 36 percent drop in 2nd-quarter profit on lower salesApril 22nd, 2009 Air Products profit, revenue fall in fiscal 2QLEHIGH VALLEY, Pa. — Air Products & Chemicals Inc., which supplies oxygen and other gases to the industrial and medical sectors, on Wednesday said its fiscal second-quarter profit dropped 36 percent as the continued decline in the global manufacturing industry cut into its sales.
Yum Brands, operator of Taco Bell, KFC, says 1Q profit falls 14 percent on slump in US salesApril 22nd, 2009 Yum Brands 1Q profit down 14 pct, US sales slumpLOUISVILLE, Ky. — Restaurant operator Yum Brands Inc.
Eveready posts Rs.84 mn third quarter profitJanuary 27th, 2009 KOLKATA - Manufacturers of batteries and packet tea, Eveready Industries, posted a net profit of Rs.84.3 million (Rs.8.43 crore) in the quarter ended Dec 31, against a loss of Rs.27 million (Rs.2.7 crore) in the corresponding period last fiscal, the company said here Wednesday. Eveready incurred a loss in the third quarter last fiscal as it had to pay a deferred tax of Rs.42.2 million (Rs.4.22 crore), the company said.
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