Africa's largest steel producer, ArcelorMittal South Africa, has announced its financial results for the second quarter and the first half of the current year, reporting a net profit of ZAR 135 million ($13.45 million) in the second ...
Destination Maternity Corporation the world's leading maternity apparel retailer reported sales for the third quarter of fiscal 2013 ended June 30, 2013, and announced that it expects its third quarter fiscal 2013 earnings to be in the top ...
Tags: Apparel, Destination Maternity
Aruba Networks’ CEO, Dominic Orr, has promised to “fire back” at Cisco, after he attributed underhand tactics — in which the wireless networking vendor’s competitor apparently jeopardised Aruba contracts with ...
Blue chips continued to climb to new heights, pushing beyond the record levels reached in yesterday's rally after a better-than-expected reading on the labour market. The Dow Jones Industrial Average climbed 42.47 points, or 0.3 per cent, ...
Tags: stock index, Stocks, Blue chips
Heinz has reported underlying third-quarter earnings that beat Wall Street forecasts, although its sales came in under analyst estimates. The US food giant yesterday (21 February) booked earnings per share for continuing operations and ...
Tags: Heinz, food giant, food
Ube Industries, Ltd. announced that it will cease production of caprolactam (CPL) at the Sakai Factory in Japan. The decision was made today at a meeting of the Board of Directors and will result in the company recording an extraordinary ...
Tags: Ube Industries, caprolactam, Sakai Factory
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
Citi Trends, Inc. reported unaudited sales results for the fourth quarter and fiscal year ended February 2, 2013. The Company’s 2012 fiscal year contained 53 weeks compared with the traditional 52 weeks in fiscal 2011. Accordingly, ...
Tags: Citi Trends, sales results, fourth quarter
US canned foods firm Seneca Foods has booked an increase in earnings in the first nine months of its fiscal year. In the period ended 29 December, net profit soared to US$37.5m from $13.4m in the year-ago period, the company reported ...
Tags: Seneca Foods, canned foods, profits
Tech stocks were flat Friday afternoon after earnings announcements from IT vendors this week and a government economic report offered glimpses of good news, but not enough to dispel the pall that hangs over the technology market. Apple, ...
Tags: Tech stocks, IT vendors, technology market, Apple, Facebook, SAP
Hewlett-Packard said Wednesday that it would take an $8 billion charge in its third fiscal quarter owing to weakness in its enterprise services division. The writedown is technically for "the impairment of goodwill" associated with HP's ...
Tags: HP, charge, third fiscal quarter, enterprise services division
US-based Baker Hughes on Tuesday became the second large-capital oil service company in as many weeks to issue a warning of lower fourth-quarter earnings because of weaker North American and international activity. Baker Hughes' North ...
Google+ is hitting a major milestone this week as its fledgling social network reaches its first birthday. Google launched its own social network a year ago Thursday. While it's a distant competitor to the world's top social network, ...
Tags: Google+, social network, irst birthday, Google
Canada-based natural and organic food group SunOpta has booked "record" earnings in the third quarter of the year. In the three months ended 29 September, net profit soared 72% to C$5.8m (US$5.86m). The group said the earnings are "a ...
Tags: Sunopta, Q3, net profit, earnings, pre-tax severance
US retailer Kroger has increased its full-year profit forecast after reporting a rise in third-quarter earnings. In the three-month period ended 3 November, earnings climbed to US$316.5m from $195.9m a year earlier, which included a ...
Tags: Kroger, profit, earnings rise, profit forecast