DALLAS-- Southwest Airlines Co. said Friday that a key revenue measure was flat in March, another sign that airlines are struggling to sell more high-fare tickets. Southwest, which owns AirTran Airways, said that traffic on the two carriers rose 4 percent last month compared with a year earlier, as passengers flew 9.44 billion miles.
NEW YORK-- Israeli technology company Radware is lowering its first-quarter earnings and revenue forecasts due to weaker-than-expected sales in China and Europe, the Middle East and Africa. Radware Ltd. said that it now expects adjusted earnings of 30 cents per share, down from its prior guidance of 40 cents to 43 cents per share.
SEOUL, April 5- Samsung Electronics Co Ltd estimated its January-March operating profit rose 53 percent to 8.7 trillion won as sales of mid-tier smartphones helped the South Korean giant tide over the off-peak season. Following are reactions from analysts and fund managers:. SONG MYUNG-SUB, ANALYST AT HI INVESTMENT& SECURITIES.
The Galaxy S and Note series have fuelled Samsung's record-breaking earnings growth and made it the No.2 player in the global premium smartphone segment after Apple Inc. But as the high-end market swarms with new offerings, Samsung is turning to less affluent customers in emerging markets, offering cheaper models such as the Rex and Galaxy Pop, analysts said.
SEOUL, April 5- Samsung Electronics Co Ltd estimated its January-March operating profit rose 53 percent to 8.7 trillion won as sales of mid-tier smartphones helped the South Korean giant tide over the off-peak season.
NEW YORK-- F5 Networks Inc. said Thursday that its second-quarter net income and revenue will fall short of its expectations, primarily because of disappointing results from its North American business. The Seattle company's stock tumbled $13.77, or 15.2 percent, to $76.65 in after-hours trading.
*Corn seed and trait sales jump more than 16 pct. April 3- Monsanto Co, the world's largest seed company, raised its full-year profit forecast on Wednesday after reporting a better-than-expected second quarter driven by strength in its global corn and herbicide businesses.
HAMPSTEAD, Md.-- JoS. A. Bank Clothiers Inc. said Wednesday its fiscal fourth-quarter net income dropped 36 percent, hurt by lackluster demand throughout the quarter, but still managed to beat Wall Street predictions.
Mindspeed Technologies Inc. said that it now expects product revenue between about $35.1 million and $35.5 million. Looking ahead, Mindspeed predicts third-quarter product revenue will be about flat when compared with the second quarter. Mindspeed is set to report second-quarter financial results on April 30.
NEW YORK-- Shares of Global Payments Inc. fell Wednesday after the electronic payments processor reported lower-than-expected fiscal third-quarter results. THE SPARK: For the quarter ended Feb. 28, Global Payments said its net income rose nearly 4 percent to $67.9 million, or 87 cents per share.
NEW YORK-- ConAgra Foods reported a third-quarter profit that fell shy of Wall Street expectations as the maker of Chef Boyardee and Hebrew National hot dogs booked charges related to its acquisition of Ralcorp and struggled to grow sales for its existing brands.
April 3- Monsanto Co, the world's largest seed company, raised its full-year profit expectations on Wednesday after posting a better-than-expected second quarter, driven largely by strength in its corn business.
NEW YORK-- G-III Apparel Group Ltd.' s fiscal fourth-quarter profit jumped 62 percent as the company sold more clothing. It has fashion licenses for brands including Calvin Klein, Sean Jean and Kenneth Cole, as well as licenses with professional sports teams and colleges. G-III said that it earned $8.1 million, or 40 cents per share, for the period that ended Jan. 31.
ATLANTA-- Electronic payments processor Global Payments Inc. said Tuesday that its fiscal third quarter earnings rose nearly 4 percent on higher revenue, but the results still missed Wall Street estimates.
ATLANTA-- Oxford Industries Inc.' s fiscal fourth-quarter profit fell about 25 percent, but its adjusted results showed a gain in profit with strength in its Tommy Bahama and Lily Pulitzer brands offsetting weakness of its Ben Sherman's business.
WASHINGTON, April 2- Mortgage finance company Fannie Mae posted a record $7.6 billion in quarterly earnings, but it refrained from booking a tax-related gain that would have allowed the bailed-out company to repay as much as $59 billion to taxpayers. Treasury, to help pay back the roughly $117 billion that Fannie Mae owes taxpayers.