US baker Flowers Foods has changed its forecast for annual earnings, pointing to "heightened" competition and "challenging" trading conditions. Flowers expects adjusted earnings per share to increase by 3.5% to 8% in 2012, including the ...
US-based Hormel Foods has reported that its net earnings for the third quarter ended 29 July 2012 increased 13% to $111.2m, compared to $98.5m in 2011, due to strong performance of its grocery products unit. Sales for the quarter ...
US dairy company Dean Foods has swung to a profit of$36.44m in the third quarter of 2012,compared to a loss of$1.55bn in 2011,when the company incurred a$1.9bn goodwill impairment charge related to its Fresh Dairy Direct segment. Net ...
Tags: profit, net sales, quarter results
Sumitomo Chemical Co. Ltd. has announced variances between its consolidated financial forecast for the half-year ended September 30, 2012, previously announced on July 31, 2012, and the actual results for the same period announced. The ...
Tags: Sumitomo Chemical, financial forecast, shareholder, stable dividend
Glass products maker Apogee Enterprises Inc (APOG. O) reported a quarterly profit above estimates and raised its full-year profit forecast as sales rose in its architectural business, sending its shares up 12 percent in extended trading. ...
Tags: market view, glass
Asian stocks rose, with a regional benchmark index headed for its biggest monthly rally since September 2010, as Greek Prime Minister Lucas Papademos said major progress was made in debt-swap talks and Japan’s industrial production ...
Tags: market view, factory robots
GT Advanced Technologies Inc., a U.S. maker of solar manufacturing equipment with more than a year of backlogged sales, fell the most in a year after cutting its revenue and earnings forecast, GT Advanced fell 10 percent to $8.00 in New ...
Tags: Market View, solar
GT Advanced Technologies Inc., a U.S. maker of solar manufacturing equipment with more than a year of backlogged sales, fell the most in a year after cutting its revenue and earnings forecast, GT Advanced fell 10 percent to $8.00 in ...
Tags: solar