General Mills today reported results for the third quarter of fiscal 2014. Sales and operating profit for the 13 weeks ended Feb. 23, 2014, reflect lower volumes, consistent with generally weak food industry trends during this period; the ...
General Mills said today that it continues to expect adjusted diluted earnings per share (EPS) for the fiscal year ending May 25, 2014, to total between $2.87 and $2.90 per share. Adjusted diluted EPS excludes mark-to-market valuation ...
Tags: grain, food, Agriculture
Philips has announced that it has entered into a joint venture in Saudi Arabia, buying 51 per cent of General Lighting Company (GLC), a major lighting company in Saudi, for $235 million. Philips’ current lighting activities in the ...
Tags: Lights, Lighting, LED lighting, energy efficient lighting
U.S. beef, pork and lamb exports all opened the new year on a positive note, although market conditions suggest 2014 could be a challenging year for U.S. red meat exports, according to statistics released by the USDA and compiled by the ...
Tags: beef, Agriculture, Food, Red Meat
Pinnacle Foods Inc. today reported double-digit growth in net earnings for both the fourth quarter and full year of fiscal 2013 ended December 29, 2013, achieving the top of its EPS guidance range. The Company also provided its outlook for ...
Tags: Pinnacle Foods, Food
Adidas AG delivers exceptional fourth quarter results. “We finished 2013 with an exceptionally strong fourth quarter. Currency-neutral sales grew 12%, which was above our expectations,” commented Herbert Hainer, adidas Group ...
Last week, John Lewis saw a respite from wet weather which, combined with the February half term, resulted in a solid week's sales, closing up 7.3% on the year. Sales in branches were slightly up, boosted by half term footfall, while ...
Tags: Lighting, First Trading Period, John Lewis
In less than ten years, firm has more than quadrupled its revenue. LEGO Group has this morning confirmed that it increased sales in 2013 by 11 per cent. Evergreen product lines such as LEGO City, LEGO Duplo, LEGO Technic and LEGO ...
Tags: Lego, Toys, Sales Increase
Luxottica said it set a new net sales record of more than €7.3 billion in 2013, an increase of 7.5 percent in currency-neutral (c-n) terms and 3.2 percent at current exchange rates compared to 2012. ADVERTISEMENT The Italian ...
Tags: Sporting Goods, Recreation, eyewear
Anika Therapeutics (ANIK) has received marketing approval for MONOVISC from the US Food and Drug Administration (FDA) for the treatment of patients suffering from osteoarthritis (OA) of the knee. MONOVISC is a single injection supplement ...
Tags: FDA Approval, Anika
Health care spending higher for boys than girls; rise in teen use of prescriptions and mental health services; spending on babies highest of any children's age group Spending on health care for children covered by employer-sponsored ...
Tags: Health, Medicine, Health Care, Service
“Of course we’re disappointed,” National Lighting Bureau Executive Director John Bachner said in response to third-quarter 2013 performance of the NEMA Lighting Systems Index (LSI). The Index declined 1.6% from ...
Tags: miniature-lamp shipments, operating costs, improving lighting quality
The US economy will be slightly stronger this year than last, but freight growth will weaken. That’s the prediction of industry forecaster FTR, which today held a Webinar entitled State of Freight: Trucking Outlook for an Uncertain ...
Tags: truck pricing, Transportation
The world’s love affair with the smartphone continued unabated in 2013 with consumers snapping up more than 1 billion handsets during the year, according to an IDC estimate published on Wednesday. The figure, which represents a new ...
Tags: Smartphone, global market
The BMW Group’s record-breaking sales growth of last year continued in January 2014 with deliveries increasing by 7.8%. In the first month of the year, a total of 132,892 BMW, MINI and Rolls-Royce brand vehicles were delivered to ...
Tags: BMW Group, Auto Parts