Archive for June, 2008

Level 3 Reduces Loss, But Expects Softer First Quarter

Washington - Level 3 Communications Inc. on Thursday informated its fourth-quarter deprivation fell to USD 91 000 000, or 6 centimes a part, from a deprivation of USD 237 000 000, or 20 pennies a percentage, a twelvemonth earlier. Gross revenue rose 30% to USD 1.10 000 000 000 from USD 846 000 000 a twelvemonth ago.

Read more »

Saks Reports 4.1% Rise In January Same-store Sales

NEW YORK — Saks Inc. informated Thursday its January gross sales at stores open at least one twelvemonth rose 4.1%. Psychoanalysts, on average, had got expected same-store gross sales to arise 2.2%, harmonizing to Thomson Financial. In an insistence release, the society noted that it “keeps to go through a more ambitious macroeconomic and competitory environment, and reproducible with trends starting out in the third quarter, clients have kept to switch more of their outlay to promotional events.

Read more »

U.S. Stock Futures Stay Under Water After Jobless Claims

NEW YORK - U.S. stock futurities remained toned Thursday after the Labor Department reported a diminution in weekly idle claims, with investors mostly focussed on sulky retail gross sales and Cisco Systems’ cautious mindset. Off earliest lows, time to comes for the Dow Jones Industrial Average existed recently off 94 points at 12,141.

Read more »

Kohl’s Jan. Same-store Sales Fall 8.3%

NEW YORK — Kohl’s Corp. articulated January same-store gross revenue fell by 8.3%. Total gross revenue for the January financial month existed approximately USD 800 000 000, down 20.4 percentage from the same time period a twelvemonth ago.

Abercrombie & Foulmart January Same-store Sales Flat

NEW YORK — Abercrombie & Foumart said Thursday its January gross sales at stores open at least one twelvemonth were flat likenned with results from a twelvemonth ago. Psychoanalysts, on average, held also expected the same-store gross sales to come up in flat, consorting to Thomson Financial. Net gross revenue for the four hebdomads ended Feb.

Read more »

Pointer Electronics Posts Lower Net; Gross sales Rise

Bean Town — Arrow Electronics Inc. Thursday said its fourth-quarter net income fell to USD 114 000 000, or 92 pennies a portion, from USD 128.1 000 000, or USD 1.04 a percentage, in the same period of time last twelvemonth. Sales came up 26% to USD 4.42 000 000 000. The society forecast first quarter sales betwixt about USD 3.

Read more »

AGCO 4Q EPS 82 Cents Vs USD 1.41 Loss a Year Ago

NEW YORK — AGCO Corp. told Thursday it earned USD 81.1 000 000, or 82 centimes a portion. A twelvemonth ago AGCO misplaced USD 128.5 000 000, or USD 1.41 a portion due to a non-cash good will impairment charge of or so USD 171.4 000 000. Net gross sales were USD 2.2 000 000 000, an increase of roughly 32.

Read more »

ProLogis Net Income Falls; Cash in hand From Ops Beats Target

NEW YORK — ProLogis stated Thursday fourth-quarter net income fell to USD 113.28 000 000, or 43 pennies a percentage from USD 331 000 000, or USD 1.28 a percentage in the year-ago time period. The year-ago figure included a one-time gain of 42 pennies a part and former items. Fourth-quarter gross rose to USD 800 000 000 from USD 619 000 000.

Read more »

Brookfield Properties Quarterly Net Rises To USD 105 Mln

NEW YORK — Brookfield Properties Corp. informated Thursday its fourth-quarter net increased five fold to USD 105 000 000, or 26 pennies a percentage, from USD 21 000 000, or 5 centimes a percentage in the year-ago time period. Revenue in the recent quarter went up to USD 849 000 000 from USD 689 000 000.

Read more »

Signet 13-week Same-store Sales Down 6.7%

Greater London — Signet Group , the manipulator of Kay Jewelers stores in the U.S. and H. Samuel in the U.K., told 13-week to Feb. 2 same-store gross revenue dropped 6.7%, with a 8.6% drop in the U.S. and a 1.7% fall in the U.K. Total gross revenue fell 6.1% to USD 1.38 000 000 000.

« Previous PageNext Page »