US infant formula group Mead Johnson has lowered its full-year sales outlook, citing a slowdown in Chinese demand. In its second-quarter earnings release today (26 July), Mead Johnson reduced its full-year sales guidance to a range to ...
Tags: Mead Johnson, full-year sales outlook, slowdown, Chinese demand, earnings
A fall in second-quarter earnings has failed to stop employee-owned US retailer Publix from reporting half-year profits. Publix, which operates 1,055 stores in the south of the US, said today (1 August) its net earnings dipped 0.2% in the ...
Higher second-quarter earnings has led US spice maker McCormick & Co. to report an increase in half-year profits. McCormick reported a 3% rise in first-half net income to US$154.9m. In March, the company had booked a 3% decline in ...
Tags: McCormick, report an increase, higher operating profit
Better productivity has boosted profits at regional US retailer Weis Markets, which has seen sales remain flat in the first half of its financial year. The company said yesterday (31 July) its net income increased 10% in the six months to ...
Tags: Weis Markets, sales, net income, Productivity
BP announced its financial results for the third quarter of 2012,reporting underlying replacement cost profit,adjusted for non-operating items and fair value accounting effects,of$5.2 billion.It also announced an increase in its quarterly ...
Tags: BP, financial results
15.11.2012 − The Polish group Barlinek raised its revenues by around 10% to PLZ170.7m in the second quarter of this year. The company credited both higher sales volumes, notably in its flooring business, and a change in its product ...
Tags: Barlinek, flooring business, sales volumes
US confectionery firm Hershey has entered into an agreement to acquire 49%stake in Godrej Hershey that it does not own from India's Godrej Industries and another minority shareholder. This deal is in line with the company's plan to ...
Tags: agreement, stake, shareholder, beverage segment
US retailer Kroger has raised its full-year earnings guidance after booking an increase in first-half profits. In the six months to the end of June, earnings climbed to US$718.4m from $713.1m a year earlier, the company reported today (7 ...
Tags: retailer, raised earnings guidance, supermarket, increase
Wajax Corporation, Toronto, Ontario, announced a 12 percent increase in 2012 second quarter earnings. Second Quarter Highlights Consolidated second quarter revenue of $386.6 million increased $52.5 million, or 16 percent compared to last ...
Tags: market view, construction Equipment, excavator, mining equipment
PowerSecure International,Inc.has received$10 million of new awards for its Interactive Distributed Generation(R)(IDG(R))smart grid power systems,utility infrastructure projects,and LED Area Lights. The new IDG System awards total$4 ...
Tags: PowerSecure International, Inc., LED Area Lights, IDG System
Apple will launch its Mountain Lion operating system tomorrow, the company's chief financial officer said Tuesday. Speculation had centered on July 25 as the likely launch data for OS X 10.8, known as Mountain Lion, based on Apple's ...
Tags: Apple, Mac OS X, US, Mountain Lion
(Reuters) - Railroad shipments of lumber are gaining momentum, signaling a construction upturn that should drive up shipping volume of consumer products from appliances to furniture. This mounting demand for construction and household goods ...
Tags: market view, lumber
AMSTERDAM: Royal Philips Electronics NV Chief Executive Officer Frans van Houten said he'll embark on a e2 billion ($2.8 billion) share buyback program, betting that a companywide overhaul will help the Dutch maker of light bulbs and ...
Tags: led bulb