Quantcast

Latest Generally Accepted Accounting Principles Stories

2014-10-21 08:28:27

NEW YORK, Oct. 21, 2014 /PRNewswire/ -- Omnicom Group Inc. (NYSE-OMC) today announced that its worldwide revenue in the third quarter of 2014 increased 7.4% to $3,749.6 million from $3,490.5 million in the third quarter of 2013. Domestic revenue for the third quarter of 2014 increased 10.0% to $1,996.3 million compared to $1,815.5 million in the third quarter of 2013. International revenue increased 4.7% to $1,753.3 million compared to $1,675.0 million in the third quarter of 2013....

2014-10-21 08:21:48

CHARLOTTE, N.C., Oct. 21, 2014 /PRNewswire/ -- Sonic Automotive, Inc. (NYSE: SAH), one of the nation's largest automotive retailers, today reported net income from continuing operations for the third quarter of 2014 of $24.6 million, or $0.47 per fully diluted share. Net income from continuing operations for the third quarter of 2013 was $24.7 million, or $0.46 per fully diluted share. Results for the third quarter of 2014 include a net pre-tax gain of approximately $0.8 million, or $0.01...

2014-10-21 08:21:38

Delivers strongest financial results in company's history CALGARY, Oct. 21, 2014 /PRNewswire/ - Canadian Pacific Railway Limited (TSX: CP) (NYSE: CP) today announced record Q3 2014 financial results. Net income in the third quarter rose to a record $400 million, or $2.31 per diluted share, from $324 million, or $1.84 per share, in the third quarter of 2013. This represents an increase of 26 percent in earnings per share year-over-year. THIRD-QUARTER 2014 RESULTS COMPARED WITH THIRD-QUARTER...

2014-10-21 08:21:19

-- Net sales decreased 2 percent to $11.1 billion BETHESDA, Md., Oct. 21, 2014 /PRNewswire/ -- Lockheed Martin Corporation (NYSE: LMT) today reported third quarter 2014 net sales of $11.1 billion compared to $11.3 billion in the third quarter of 2013. Net earnings from continuing operations in the third quarter of 2014 were $888 million, or $2.76 per diluted share, compared to $842 million, or $2.57 per diluted share, in the third quarter of 2013. Cash from operations in the third quarter of...

2014-10-21 08:21:06

Record third quarter EPS from continuing operations of $1.08 per diluted share, up 19% over prior year quarter adjusted EPS from Continuing Operations DULUTH, Ga., Oct. 21, 2014 /PRNewswire/ -- Asbury Automotive Group, Inc. (NYSE: ABG), one of the largest automotive retail and service companies in the U.S., today reported income from continuing operations for the third quarter of 2014 of $32.4 million, or $1.08 per diluted share, versus adjusted income from continuing operations in the third...

2014-10-21 08:20:48

- EPS of $2.04, up 32% (up 12% to $1.82 ex. restructuring and one-time items) HARTFORD, Conn., Oct. 21, 2014 /PRNewswire/ -- United Technologies Corp. (NYSE:UTX) reported third quarter earnings per share of $2.04 and net income attributable to common shareowners of $1.9 billion, up 32 percent and 31 percent respectively over the year ago quarter. Results for the current quarter include $0.22 per share of favorable one-time items net of restructuring costs. Earnings per share in the year ago...

2014-10-20 20:22:08

FORT WAYNE, Ind., Oct. 20, 2014 /PRNewswire/ -- Steel Dynamics, Inc. (NASDAQ/GS: STLD) today announced third quarter 2014 net sales of $2.3 billion and net income of $91 million, or $0.38 per diluted share, which includes the negative impact of approximately $0.09 per diluted share related to acquisition costs, financing fees, and the effect of purchase accounting adjustments for the Severstal Columbus, LLC acquisition that occurred mid-September. The acquisition and financing costs...

2014-10-20 16:30:41

Conference call on TI website at 4:30 p.m. Central time today DALLAS, Oct. 20, 2014 /PRNewswire/ -- Texas Instruments Incorporated (TI) (NASDAQ: TXN) today reported third-quarter revenue of $3.50 billion, net income of $826 million and earnings per share of 76 cents. Regarding the company's performance and returns to shareholders, Rich Templeton, TI's chairman, president and CEO, made the following comments: -- "Revenue for the quarter was solidly in the upper half of our expected...

2014-10-20 16:30:25

SAN JOSE, Calif., Oct. 20, 2014 /PRNewswire/ -- Cadence Design Systems, Inc. (NASDAQ: CDNS) today announced results for the third quarter of fiscal year 2014. http://photos.prnewswire.com/prnvar/20140102/SF39436LOGO Cadence reported third quarter 2014 revenue of $400 million, compared to revenue of $367 million reported for the same period in 2013. On a GAAP basis, Cadence recognized net income of $38 million, or $0.12 per share on a diluted basis, in the third quarter of 2014,...

2014-10-20 16:23:06

Ultra Clean reports results at high end of guidance before one-time adjustments. HAYWARD, Calif., Oct. 20, 2014 /PRNewswire/ -- Ultra Clean Holdings, Inc. (Nasdaq: UCTT), a leading developer and supplier of critical systems and subsystems for the semiconductor capital equipment, flat panel, medical, energy and research industries, today reported its financial results for the third quarter ended September 26, 2014. At the beginning of the Company's fourth quarter, a new customer,...


Word of the Day
negawatt
  • A unit of saved energy.
Coined by Amory Lovins, chairman of the Rocky Mountain Institute as a contraction of negative watt on the model of similar compounds like megawatt.