THE bad news out of Washington as talks to resolve the US fiscal cliff broke down pushed the dollar lower as investors ran to the safe haven of the greenback. At 5pm AEDT,the dollar was trading at$US1.0453,down US0.38c. Risk appetite ...
Tags: Washington, US fiscal cliff, economy
Big 5 Sporting Goods Corporation, a leading sporting goods retailer, reported financial results for the fiscal 2012 third quarter and first nine months ended September 30, 2012. For the fiscal 2012 third quarter, net sales increased to ...
After a solid first half, BASF maintained good business performance overall in the third quarter. Sales rose by 8% to €19 billion, particularly due to higher volumes. At just under €2.1 billion, income from operations (EBIT) ...
The Windows division’s share of Microsoft’s revenue last quarter dropped to a four-year low as Windows 7 sales stalled before the launch of Windows 8, financial data released by Microsoft yesterday showed. The Windows and ...
Tags: Windows, Microsoft sales, Microsoft, revenue, sales, share
Tesco is reportedly set to announce a strategic review of its US business, which could lead the UK's largest retailer to quit the market after five years. Sky News reported this evening Tesco will reveal plans to look at the future of its ...
Tags: Tesco, strategic review, US business, Fresh&Easy
US snack firm Snyder's-Lance is reported to be in negotiations to offload its own-label snacks business Vista. Citing two unnamed sources, Bloomberg said ConAgra Foods, TreeHouse Foods and Ralcorp Holdings are interested in the unit, ...
Tags: Snyder's-Lance, own-label snacks, unnamed sources, ConAgra Foods
Mondelez International, the snacks group spun off from Kraft Foods last month, has reported a fall in underlying third-quarter sales amid problems in Brazil and Russia. The company, which produces brands including Cadbury chocolate, ...
Tags: Mondelez International, Kraft Foods, sales, comapany news
Convenience food group Greencore has reported a rise in third-quarter sales, boosted by growth across its business. The company today (31 July) posted a 6.7% increase in underlying sales for the 13 weeks to 29 June. The 6.7% "core ...
Tags: Greencore, sales, underlying sales, company news
US poultry producer Pilgrim's Pride has reported its third consecutive quarterly profit, with the bottom line boosted by restructuring initiatives. The company said its earnings rose to US$42.9m in the July-to-September quarter, ...
Russian retailer O'Key has booked an increase in third-quarter sales amid a "stable" trading environment and an increase in selling space. In the three month period, like-for-like sales increased 4.5%, the retailer reported today (12 ...
Tags: Russian retailer, O'Key
McCormick & Co. today (27 September) upped its forecast for annual earnings on the back of a better tax rate and also reported an increase in third-quarter profits. The US spice manufacturer said it now sees its full-year earnings per ...
Tags: Earnings, profits, net sales, Operating income
US speciality retailer The Fresh Market booked a jump in third-quarter sales and earnings this morning (28 November). The Fresh Market said net sales rose 22.1% in the three months to 28 October, climbing to US$321.5m as new store ...
Canadian food manufacturer and retailer George Weston has said it expects sales from its Weston Foods business to fall in 2012 after sales slid in the third quarter. George Weston, which supplies branded and own-label bread and biscuits ...
Tags: Weston Foods sales, volumes, Q3 profits
French retail giant Casino has booked a 35% jump in third-quarter sales, boosted by a strong international showing and a contribution from acquisitions. In a sales update released yesterday (15 October), Casino said group sales increased ...
French cheese maker Groupe Bel has said growth remained "firm" in the first nine months of the year due to "steady expansion" in emerging markets. Sales for the first nine months of 2012 increased by 5.6% to EUR1.96bn (US$2.5bn). During ...