According to a report by international credit rating agency Moody's, iron ore operations will support the profitability of vertically integrated CIS-based steelmakers, despite growing price risks on slowing demand from China and a supply ...
Tags: Steelmakers, Mineral
Hormel Foods Corporation today reported its performance for the fiscal year 2014 first quarter. All comparisons are to the first quarter of fiscal 2013. The company reported fiscal 2014 first quarter net earnings of $153.3 million, up 18 ...
Tags: Hormel Foods, Refrigerated Foods
R.G. Barry Corporation reported net earnings of $6.1 million, or 53 cents per diluted share, in its second quarter ended Dec. 28, up versus $5.3 million, or 46 cents per share, in the second quarter of fiscal 2013. Revenues reached $48.0 ...
Tags: R.G.Barry
Samsung Group, South Korea’s No. 1 conglomerate, is growing more dependent on its electronics arm for its operating profit, latest market data showed Tuesday. Samsung Electronics Co., the flagship unit of the business group, ...
Sixteen leading food and beverage companies in the US sold 6.4 trillion fewer calories in the US in 2012 than they did in 2007, according to the findings of a report funded by health organisation the Robert Wood Johnson Foundation (RWJF). ...
Samsung Electronics' operating profits for the last quarter of 2013 are expected to have declined due to sluggish growth in the global smartphone market. Under the circumstances, companies supplying Samsung Electronics with handset ...
Tags: Electronic News, Electrical News, Semco
Hormel Foods Corporation today reported its performance for the fiscal year 2013 fourth quarter and full year. All comparisons are to the fourth quarter or full year of fiscal 2012. The company reported fiscal 2013 fourth quarter net ...
Tags: Hormel Foods Corporation, reported its performance, Fourth Quarter
Canfor saw its positive performance compared with last year continue in the third quarter as well. The Lumber business again fared much better than the Pulp and Paper division, as it had in previous quarters. Altogether the group raised its ...
Tags: Construction, Decoration
The Kellogg Company, a US-based food company, has outlaid a four-year global strategy, Project K, to amass considerable savings to be invested in core business areas of the company. With this project, the cereal maker expects pre-tax ...
Tags: Kellogg, food company
Crane Co. reported third quarter 2013 earnings of $0.97 per diluted share, compared to $0.99 in the third quarter of 2012. Third quarter 2013 results included transaction-related costs of $4.1 million, or $0.07 per share, related to the ...
It’s reported that the Korean steel giant Posco launched its financial result for the third quarter of this year. In the third quarter of this year, Posco’s net profits totaled KRW564 billion, falling by 22% year on year. In the ...
Tags: Posco, Lower Revenues
Nucor Corporation announced Thursday consolidated net earnings of $147.6 million, or $0.46 per diluted share, for the third quarter of 2013, compared to net earnings of $85.1 million, or $0.27 per diluted share, in the second quarter of ...
Tags: Metallurgy, Mineral, Energy
UK-based Dairy Crest has confirmed plans to expand its milk processing plant at Davidstow, Cornwall, with an investment of £45m. The company plans to use the whey generated during the production of cheese at the Davidstow creamery ...
Tags: Dairy Crest, Food
Morrisons' half-year results delivered another disappointing read, concluded Shore Capital, which nevertheless upgraded its share advice from 'sell' to 'hold'. Morrsions' half-year results divided City opinion Analysts Darren Shirley ...
Tags: Agriculture, Food
Signalling a key vote of faith in debt-laden Premier Foods, leading City analyst Shore Capital has upgraded its advice on the firm's stock from 'hold' to 'buy'. The Power Brands' ability to deliver continued sustained growth will be a key ...
Tags: Agriculture, Food