28 April, 2015 by The TZ Newswire Staff Comments Off on Ford profit misses expectations, 2015 profit outlook affirmed
Ford profit misses expectations, 2015 profit outlook affirmed
Ford Motor Co (F.N) on Tuesday reported a profit that was less than analysts expected, selling fewer vehicles in North America as it worked to increase production of the redesigned F-150 pickup truck and losing money in South America. The company raised its forecast for North American operating margin to 8.5 percent to 9.5 percent from 8 percent to 9 percent, but highlighted worsening business conditions in South America. “The external environment in South America has deteriorated compared to where we were just a few months ago,” Ford Chief Financial Officer Bob Shanks said to reporters.
28 April, 2015 by The TZ Newswire Staff Comments Off on UPS quarterly profit rises, helped by price increases
UPS quarterly profit rises, helped by price increases
United Parcel Service Inc on Tuesday reported a higher quarterly net profit, which rose thanks to price increases and productivity improvements. The world’s largest package delivery company posted a first-quarter …
28 April, 2015 by The TZ Newswire Staff Comments Off on Handbag maker Coach’s sales fall 15.5 pct
Handbag maker Coach’s sales fall 15.5 pct
Coach Inc, the maker of Poppy handbags, reported a 15.5 percent decline in quarterly revenue as sales in North America, its biggest market, fell for the seventh straight quarter. The company’s net income …
28 April, 2015 by The TZ Newswire Staff Comments Off on Activists rattle these 19 big companies’ cages
Activists rattle these 19 big companies’ cages
Shares of these stocks have indeed edged out the S&P 500 over the past 12 months. USA Today reports.
28 April, 2015 by The TZ Newswire Staff Comments Off on Why International Business Machines Corp. Isn’t As Safe As You Think
Why International Business Machines Corp. Isn’t As Safe As You Think
IBM’s blue-chip reputation harkens back to another era, but there are couple of risks today’s investors ought to be aware of.
28 April, 2015 by The TZ Newswire Staff Comments Off on On The Move Round-Up: The Most Notable Hires of April 2015
On The Move Round-Up: The Most Notable Hires of April 2015
New hires, promotions and resignations inside State Street, Cantor Fitzgerald, ConvergEx and other capital markets powerhouses.
28 April, 2015 by The TZ Newswire Staff Comments Off on Forget Procter & Gamble, Here’s a Better Dividend Stock to Buy
Forget Procter & Gamble, Here’s a Better Dividend Stock to Buy
P&G’s weak dividend raise should compel dividend growth investors to look elsewhere in the consumer staples sector.