US-based thin-film solar firm First Solar has announced financial results for the quarter and year ended December 31, 2012. Net sales were a record US$1.1 billion in the fourth quarter, an increase of US$236 million from the third quarter ...
Tags: solar firm, First Solar, financial results
Regional US supermarket group and food distributor Spartan Stores has booked an increase in third-quarter earnings. Net profit in the three months to the end of December amounted to US$5.2m, a 2% increase on the prior-year period. ...
Tags: US supermarket group, food distributor, Spartan Stores, earnings
ST. LOUIS — Furniture Brands International said sales rose 3.3% in the fourth quarter, but the company's net loss widened to $22.9 million. The sales increase included a 5.6% jump in sales at its 48 company-owned Thomasville retail ...
International food retailer Delhaize has reported a rise in sales for 2012, but charges and lower profits dampened its performance. Delhaize said in an interim statement today (17 January) that net sales rose by 7.7% in 2012 versus 2011, ...
Tags: food retailer, Food Lion chain, Food, sales
PPG Industries reported fourth quarter 2012 net sales of $3.6 billion. Net income for the quarter was $227 million, or $1.46 per diluted share, including nonrecurring charges. Adjusted net income for the quarter, excluding the nonrecurring ...
Tags: PPG, fourth quarter, 2012, net sales
An effort by three U.S. senators to add an Internet sales tax amendment to a military spending bill has failed, at least for now. Last week, Senators Dick Durbin, an Illinois Democrat, Mike Enzi, a Wyoming Republican, and Lamar Alexander, ...
Tags: U.S.senators, nternet sales tax, spending bill, bill falls short
Citigroup is to lose more than 5,000 IT and operations jobs as part of the banking giant’s axing of 11,000 jobs globally. Some 40% of the jobs being cut in the firm’s Global Consumer Banking arm are to come from IT ...
Tags: Citigroup, technology jobs, operations jobs, banking giant, banking
Quiksilver, Inc. announced operating results for the fiscal 2012 full year and fourth quarter ended October 31, 2012. The following comparisons refer to fiscal 2012 versus fiscal 2011. Net revenues grew 3% to $2.01 billion ...
Tags: Sales, operating results, Net revenues
Paper and packaging manufacturer in the US, RockTenn has announced the permanent closure of its Matane, Quebec containerboard mill acquired in May 2011. The mill, which was acquired as part of the Smurfit-Stone acquisition, had 176,000t ...
Tags: Quebec Containerboard Mill, Paper and packaging, Smurfit-Stone
US based truck and engine maker Navistar is planning to stop operations at its Garland truck manufacturing facility by the first half of 2013 to reduce costs and optimise its manufacturing footprint. Upon closing the Garland operations, ...
Tags: Navistar, Garland truck, operating costs, certain pre-tax charges
Gardner Denver, Inc. reported third quarter 2012 revenues of $548.5 million, down 11% compared to the prior year third quarter (down 7% excluding the impact of foreign exchange). Operating income for the third quarter of 2012 was $89.1 ...
Tags: Gardner Denver, EPG, IPG
Retailer Saks Incorporated announced results for the third quarter and nine months ended October 27,2012. Sales for the Third Quarter and Nine Months Ended October 27,2012 For the third quarter ended October 27,2012,total sales ...
US confectioner Hershey has raised its full-year profit outlook despite reporting a 10% drop in third-quarter earnings. In the three months to the end of September, net profit slumped 79.8% to US$176.7m, while EBIT fell 6% to $301.7m. ...
Tags: confectioner, Hershey, raised profit outlook, net profit, slumped
PPG Industries reported third quarter 2012 net sales of $3.8 billion. Net income for the quarter was $339 million, including nonrecurring charges. Adjusted net income for the quarter, excluding the nonrecurring charges, was $348 million. ...
Tags: PPG Industries, automotive OEM, refinish coatings, Performance Coatings
Gardner Denver, Inc. (NYSE: GDI) reported second quarter 2012 net income of $75.3 million, or $1.51 per diluted share, compared to $67.1 million, or $1.27 per diluted share in the second quarter of 2011. Results for the second quarter of ...
Tags: market view, pump