North American News

Unisys Corporation (NYSE: UIS) today reported fourth quarter 2014 net income of $61.8 million or $1.24 per diluted share, including $18.1 million of pension expense. Excluding pension expense, non-GAAP diluted earnings per share was $1.60. In the similar period in 2013, the organization reported diluted earnings per share of $2.37, and non-GAAP diluted earnings per share of $2.82. Fourth quarter 2014 revenue dropped 9% to in the fourth quarter. On a constant currency basis, fourth quarter 2014 revenue decreased 6%.

McDonald’s reported a 21% drop in quarterly profit on Friday as sales fell across all areas, stopping a challenging year on a note that was poor. Here will be the most critical points from the fourth quarter earnings report.

Revenue throughout the business tumbled 7% to $6.57 billion.

Netflix   shares surged 16% to $404.04 on heavy volume after the company reported adjusted earnings of 72 cents a share on revenue of $1.49 billion. Analysts surveyed by FactSet had expected earnings of 45 cents and revenue of $1.49 billion. The streaming video-service, Netflix said it added 4.33 million net subscribers in the fourth quarter, and expects to add 4.05 million new members in the current quarter, topping analyst expectations.

Amazon (AMZN) said it made 45 cents per share in the fourth quarter, significantly more than analysts’ forecasts. It’d lost cash in the past two quarters.
Soaring sales, nevertheless, fell short of Wall Street expectations.
On-line holiday shopping data that was powerful helped the rise . Prime customers get free two-day shipping in America along with exclusive use of novels, music and films . 50% growth overall in 2014, Amazon CEO Jeff explained. Globally however they grew by 53%, the organization reported.

U.S. Steel Results exceed approximations; Stock Up 9%  – United States Steel Corp (X: Quote) on Tuesday reported fourth quarter net gains of $275 million or $1.83 per share. This compares with a gain of $297 million or $1.93 per share last year, when it received tax benefit of $601 million.    Sales for the quarter were $4.07 billion compared with $4.27 billion in the previous year.  Analysts polled by Thomson Reuters estimated gains of $0.87 per share on sales of $3.96 billion for the quarter.

Boeing Co. reported a 19% increase in quarterly profit, and executives called that orders for its fuel-efficient jets will stay powerful in 2015 despite concerns that dropping oil prices could hamper demand.  The aerospace giant on Wednesday said it expects to deliver another business record which could place it on pace to surpass competing Airbus Group NV for the fourth year, between 750 and 755 commercial jetliners in 2013. Boeing Chief Executive Jim McNerney said the firm also anticipates its order book to grow quicker than it can construct jets, raising a backlog of jetliner orders that stands based on list prices.

AT&T Inc. added 854,000 of the wireless industry’s core customers in the last three months of the year, as gains and customer retention revealed signs of stress from the heightened competition among the country’s largest carriers.   The fourth quarter, typically the most active and least rewarding for wireless firms due to the expense linked to telephone upgrades, contained powerful interest in Apple Inc.’s latest iPhone at a time when the carrier used promotional prices to conflict with competitors for customers.

With small room for increase in the U.S., where the marketplace is saturated, AT&T is spread into new businesses through the acquisition of satellite television provider DirecTV and deals to get two wireless firms in Mexico. AT&T anticipates each of the deals to close by midyear.

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