GE industrial first-quarter profit rises, revenue falls on stronger dollar


- General Electric Co's quarterly industrial earnings rose 9 percent, helped by cost cuts that expanded profit margins, as the U.S. conglomerate banks on manufacturing of jet engines, turbines and other big-ticket products as it unloads most of its finance business. | Video

Honeywell first-quarter revenue falls due to strong dollar

- Honeywell International Inc , a major manufacturer of aircraft electronics and climate control systems, reported a 5 percent fall in quarterly revenue on Friday, hurt by the sale of its friction materials business and a strong dollar.

17 Apr 2015

AmEx revenue misses on strong dollar, loss of co-branded tie-ups

- American Express Co, the world's largest credit card issuer, reported quarterly revenue that fell short of analysts' estimates, hurt by a stronger dollar and the loss of several co-branded tie-ups. | Video

16 Apr 2015

U.S. companies use more of their bank credit lines in sign of confidence

NEW YORK - U.S. banks are reporting that companies are tapping more of their credit lines to fund hiring and expand their businesses, a promising sign for the economy.

17 Apr 2015

Volkswagen group sales up 1.8 percent in first quarter

FRANKFURT - Volkswagen sold 2.5 million cars across its multi-brand group in the first-quarter of 2015, an increase of 1.8 percent over last year's period, the carmaker said on Friday.

17 Apr 2015

Nestle sales top estimates in good start for food firms

LONDON - Nestle became the third European food company to report better-than-expected first-quarter sales on Friday, adding to evidence that the sector is moving past the troubles of 2014.

17 Apr 2015

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