Chiquita Brands International has swung to a first-half loss as a drop in sales and higher sourcing costs hit profits. In the six months to the end of June, the US produce giant booked a net loss of US$6m compared to earnings of $102m ...
Tags: Chiquita Brands International, sales, sourcing cost, net loss
Canadian Business reported that a hit to electricity contracts with aluminum smelters reduced Hydro Quebec's profits in the Q3. Excluding a charge related to the planned closure of the Gentilly-2 nuclear reactor the public utility's ...
US food retailer Roundy's Inc has cut its full-year profits guidance after seeing weak consumer confidence lead to worse-than-expected sales in its fiscal first-half. For the 26 weeks to the end of June,Roundy's net sales rose by ...
Tags: Roundy's Inc, full-year profits, weak consumer confidence
US retailer Safeway Inc has booked a decline in operating profit in the first half of the year. For the 24 weeks ended 16 June, operating profits slid to $437m, an 11.9% decline on the prior-year period. The retailer blamed the dedcline ...
Tags: Safeway Inc, operating profit, food market, food industry
Much of the talk for manufacturers on the release of their first-half and second-quarter results last week was focused on weakness in Europe and the knock-on effect from the impact of the US drought on corn prices. Elsewhere, Haribo said it ...
Tags: corn prices, drought, Foods plant
US baker Flowers Foods has changed its forecast for annual earnings, pointing to "heightened" competition and "challenging" trading conditions. Flowers expects adjusted earnings per share to increase by 3.5% to 8% in 2012, including the ...
Prudential Financial, a diversified US financial conglomerate net income has boosted by 182% to $2.2bn for the second quarter of 2012, against a net income of $779m during the year ago quarter. For the latest quarter period, its net ...
Tags: Prudential Financial, net income, quarter 2, financial conglomerate
Property and casualty underwriter Economical Insurance has posted 71% increase in the second quarter of 2012 net income, which stood at $39.7m compared to $23.2m during the corresponding period earlier year. For the three months ended on ...
Tags: Economical Insurance, quarter 2, net income, insurance
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
Heinz reaffirms previously announced Fiscal 2013 full-year sales and profit outlook. Reconciliations of non-GAAP amounts are set forth in the attached financial tables.Results excluding productivity charges in Fiscal 2012 represent the ...
Tags: Heinz, sales, profit, food giant
Auto glass sales and profits fell during the second quarter of this year when compared to last for Tokyo-based Nippon Sheet Glass (NSG). The international company released today its second quarter financial results for its fiscal year 2013 ...
Tags: market view, Nippon Sheet Glass
The Finish Line Inc. reported results for the 13-week and 26-week periods ended September 1, 2012. For the thirteen weeks ended September 1, 2012: Consolidated net sales, inclusive of Finish Line and The Running Company, increased ...
Tags: athletic shoes, apparel, running, basketball
BlackBerry maker Research in Motion(RIM)has posted another quarterly loss,but it was not as much as investors expected,with revenues coming in at 16%above analysts'forecasts. Despite reporting a net loss of$235m for the second ...
Tags: BlackBerry, RIM, smartphone, Apple, Samsung
Texas, US: Mattress Firm has announced that two of its key owners will sell 4.7 million shares of stock in the retailer through an offering. Investment funds associated with Neuberger Berman Group will offer about 3 million shares and ...
Tags: Mattress
Apogee Enterprises Inc.announced fiscal 2013 second-quarter results and this included good news regarding its architectural glass segment.Overall,revenues of$175.9 million were up 6 percent.Net earnings per share were$0.18,compared to a ...
Tags: Apogee Architectural Revenues Rise, Backlog Grows, Architectural segment