Shares in Diamond Foods rose today (18 December) after the Kettle Chips owner reported underlying first-quarter earnings that were ahead of Wall Street forecasts. The US snack group reported adjusted earnings per share of US$0.24 for ...
Oracle has reported that net income rose 11 percent to US$2 billion while revenue fell 2 percent to $8.2 billion in the first quarter ended Aug. 31, with the period marked by some strength in software but falling hardware revenues. New ...
Tags: CEO Larry Ellison, Larry Ellison, OpenWorld, Oracle, Oracle Cloud
Symantec has sacked CEO Enrique Salem as the security supplier's profits fell in its latest results. The news follows Symantec’s first quarter results which saw profits fall by 10% to $172m (pound 111m) for its first quarter and ...
PepsiCo has booked a drop in first-quarter profits as restructuring costs weighed on earnings. Net profit in the three months to the end of March slid 1% to $1.13bn in the period, PepsiCo reported today (26 April). Reported EPS in the ...
Tags: PepsiCo, drop, first-quarter profits, restructuring costs, earnings
Del Monte Foods has moved to a net profit in the first quarter of its financial year on the back of an increase in sales. In the three months ended 29 July, earnings amounted to US$6.3m compared to a net loss of $27.6m last year, the ...
Tags: Net profit, Operating profit, Net sales
US food group Campbell Soup Co. has recorded a drop in first-quarter earnings as costs related to its acquisition of Bolthouse Farms hit profits. In the three months to 28 October, net earnings amounted to US$265m, an 8% drop on last ...
Tags: Campbell Soup Co., Q1, Earnings
OfficeMax has forecast flat to slightly higher sales for the full 2011/12 year in the wake of a series of store closures in the US. The global OP company said that total company sales for the second quarter would be flat to slightly lower ...
Tags: OfficeMax, higher sales, store closures
Bauer Performance Sports Ltd.announced its financial results for the first quarter of Fiscal 2013 ended August 31,2012 reported under IFRS. Revenues grew by 4%(8%excluding the impact of foreign exchange)to$148.3 million in the first ...
Tags: Bauer Performance Sports, financial results, IFRS, apparel
Oracle on Thursday reported that net income rose 11 percent to $2 billion while revenue fell 2 percent to $8.2 billion in the first quarter ended Aug. 31, with the period marked by some strength in software but falling hardware revenues. ...
Tags: Oracle, USA, revenue data, Hardware systems
US food giant Heinz is to report "strong" first-quarter results, its chief executive told shareholders today (28 August). Heinz chairman, president and CEO Bill Johnson told the ketchup firm's AGM it would file a 10% increase in net ...
Tags: food, Heinz, ketchup, sauces, increacing
High commodity prices have created strong profits for America's farmers. That has them replacing aging combines, tractors and other equipment. That's been good for Titan Machinery (TITN), which operates 96 farm and construction equipment ...
For Italian textile machinery, 2012 begins with greater stability than the previous year. In fact, in the first quarter of the year, orders are up by a modest 2% compared to the last three months of 2011. According to joint surveys ...
Tags: market view, textile machinery
Philips chief executive,Frans van Houten Following on from its June profit warning,Philips has announced'disappointing'growth figures for its lighting division and overall losses of 1.3 billion. The company reports that worse than ...
Tags: Philips, LED, Lighting, Disappointing
Oman Daily Observer reported that cement sector players in Oman are scaling up their production capacity to meet the ever rising local demand and also from the countrys export markets like Yemen and some East African nations. Till recently, ...
Tags: market view, cement, price
Unilever CEO Paul Polman is one of the most prominent advocates of companies pursuing an agenda of sustainability and this week he outlined the company's progress. Meanwhile, Wal-Mart Stores was forced to react to claims of bribery in its ...
Tags: Unilever, sustainability, baby food, confectioner