Quantcast

Latest Financial accounting Stories

2014-07-31 08:26:05

- Second-quarter net sales up $88 million or 25 percent, year over year, driven by strong demand in the energy and industrial market sectors CANTON, Ohio, July 31, 2014 /PRNewswire/ -- TimkenSteel Corporation (NYSE: TMST, timkensteel.com), a leader in customized alloy steel products and services, today reported second-quarter net income of $28.6 million on $442.2 million of net sales, compared to net income of $25.3 million on net sales of $354.1 million in the second quarter of 2013....

2014-07-31 08:25:04

- Second-quarter and first-half earnings from ongoing operations increased 15 percent over 2013 ALLENTOWN, Pa., July 31, 2014 /PRNewswire/ -- PPL Corporation (NYSE: PPL) announced on Thursday (7/31) second-quarter 2014 reported earnings of $229 million, or $0.34 per share, a decrease from $405 million, or $0.63 per share, a year ago. For the first six months of 2014, PPL's reported earnings were $545 million, or $0.83 per share, compared with $818 million, or $1.28 per share, in the first six...

2014-07-31 08:24:18

SAN ANTONIO, July 31, 2014 /PRNewswire/ -- Pioneer Energy Services (NYSE: PES) today reported financial and operating results for the quarter ended June 30, 2014. Highlights include: -- Production Services Segment revenue was $132.3 million in the second quarter, up 9% from the prior quarter. -- Well servicing rigs achieved a 101% utilization rate and an average hourly rate of $648. -- Drilling rig utilization is currently 90%, with 42 of our 56 working...

2014-07-31 08:22:48

LIVONIA, Mich., July 31, 2014 /PRNewswire/ -- Tower International, Inc. (NYSE: TOWR), a leading global manufacturer of engineered automotive structural metal components and assemblies, today announced second quarter 2014 results, updated its outlook for the full year, and provided a new business model target for free cash flow. -- Revenue for the second quarter was $577 million, up 4 percent from $556 million in the second quarter 2013. Sales were higher in all regions...

2014-07-31 08:22:24

RAISES FULL YEAR NET SALES AND NET EARNINGS GUIDANCE AUBURN HILLS, Mich., July 31, 2014 /PRNewswire/ -- BorgWarner Inc. (NYSE: BWA) today reported second quarter 2014 U.S. GAAP net earnings of $0.83 per diluted share. Excluding non-comparable items, net earnings were $0.89 per diluted share. Net sales were $2,197 million in the quarter. Second Quarter Highlights: -- Net sales of $2,197 million, up 16% compared with second quarter 2013. -- Excluding the impact of foreign...

2014-07-31 08:21:34

Board Declares Third Quarter Dividend on Common Shares of $0.20 STAMFORD, Conn., July 31, 2014 /PRNewswire/ -- Highlights -- Lease rental including finance lease revenues of $187.1 million, and Adjusted EBITDA(1) of $211.7 million -- Net income of $3.1 million, or $0.04 per diluted common share -- Adjusted net income(1) of $47.7 million, or $0.59 per diluted common share -- Invested $916 million year-to-date in 2014; approximately $490 million in...

2014-07-31 08:21:25

Raises Fiscal Year 2014 Earnings and Free Cash Flow Guidance TROY, Mich., July 31, 2014 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today reported financial results for its third fiscal quarter ended June 30, 2014. Third-Quarter Highlights -- Sales were $986 million, down $7 million from the same period last year. -- Net income on a GAAP basis was $234 million, compared to a net loss of $38 million, in the same period last year. Net income included $209 million from...

2014-07-31 08:20:52

SAO JOSE DOS CAMPOS, Brazil, July 31, 2014 /PRNewswire/ -- EMBRAER S.A. (NYSE: ERJ; BM&FBOVESPA: EMBR3) releases its second quarter 2014 results. HIGHLIGHTS -- In the second quarter of 2014 (2Q14), Embraer delivered 29 commercial and 29 executive (22 light and 7 large) jets; -- The Company's firm order backlog ended 2Q14 at US$ 18.1 billion; -- As a result of aircraft deliveries, coupled with revenues from the Company's Defense & Security business,...

2014-07-30 23:10:22

National Factoring Group has redesigned how business to business companies search for a factoring company. Dallas, TX (PRWEB) July 30, 2014 After a six month upgrade process, National Factoring Group re-launches their factoring broker website. Businesses can now search for, compare, and select factoring companies that are closest to their business, a factoring company with a national presence, or one that specializes in that business’s industry. National Factoring Group has also added...

2014-07-30 16:34:49

Delivers Accelerated Revenue Growth Rate of 7.8% Year Over Year and 2.8% Sequentially LITTLETON, Colo., July 30, 2014 /PRNewswire/ -- tw telecom inc. (NASDAQ: TWTC), a leading national provider of managed services, including Business Ethernet, converged and IP VPN solutions to enterprises across the U.S. and to their global locations, today announced its second quarter 2014 financial results, including $419.7 million of revenue, $11.1 million of net income, $138.4 million of Modified...


Word of the Day
baudekin
  • A rich embroidered or brocaded silk fabric woven originally with a warp of gold thread.
'Baudekin' seems to be an alternative form of 'baldachin,' from the Italian 'Baldacco,' Baghdad, the city where the material was made.
Related