The Board of Directors took notice of the information regarding the expenditures of Gazprom and its subsidiaries. It was noted that in the previous two years Gazprom had been one of the world's leading companies by net profit and that it ...
Tags: Gazprom, gas production, international oil
Mining giant Xstrata has revealed that its Antapcaccay mine in southern Peru started producing commercial grade copper at the start of the month and has already delivered its first shipment to customers. The company said that its ...
AFP reported that Sudan and Saudi Arabia are targeting 2014 start for deep water mining of a Red Sea basin believed rich in gold and copper. Mr Ali al Naimi Saudi Minister of Petroleum and Mineral Resources said that Manafa ...
Tags: deep water mining, gold exploration, copper exploration
US distributor United Natural Foods (UNFI) has recorded an increase in first-quarter profit. In the three months ended 27 October, net profit amounted to US$21.5m compared to earnings of $15.2m last year. Operating profit climbed 40.8% to ...
Tags: UNFI, first-quarter profit, increase, net sales
The Equipment Leasing & Finance Foundation (the Foundation) released a new quarterly update to its 2012 Equipment Leasing & Finance U.S. Economic Outlooktoday. The report, which is focused on the $628 billion equipment leasing and finance ...
Tags: Equipment Leasing, 2012, US Economic Outlook
Chinese snack food firm American Lorain has reported mixed third-quarter results, with the bottom line hit by one-off items but operating profit increasing. Net income was down 25.7% to US$5.3m, mostly thanks to a gain the company ...
Tags: American Lorain, operating profit, sales, income, company news
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
Kumba Iron Ore(Kumba)announces with regret that talks with a group of illegal strikers occupying the Company's Sishen Mine,to get them to leave the mine,have not been successful. As a result,they will now be notified to attend ...
US cereal maker Post Holdings has recorded an increase in third-quarter profits and reaffirmed its outlook for the year. In the three months to the end of June, earnings reached US$15.8m, compared to $1.6m in the prior-year quarter, when ...
Tags: Post Holdings, cereal market, profits, earnings
US retailer Safeway Inc has booked an increase in third-quarter earnings, helped by one-time items, but reported a drop in operating profit as it battled weak consumer confidence. The company said yesterday (11 October) net profit ...
Tags: Safeway Inc, earnings, operating profit, consumer confidence
Xstrata Copper’s Antapaccay copper mine in southern Peru commenced production of commercial grade copper in concentrates at the beginning of November and has delivered its first shipment to Matarani Port for delivery to customers ...
Tags: copper mine, copper in concentrates, copper exploration
The Iranian government is preparing the next solar year budget to submit to the Parliament but reportedly with significant difference from current year budget in details. According to the budget law, Iran is expected to sell USD 81 ...
Tags: Oil, Year Budget, budget law
As the national economy sea saws between revival and slump the impasse over turn of fortune remains unbroken. UPA government sensing the impending economic holocaust with the fiscal deficit and inflation remaining obdurate has stuck with ...
Tags: steel gate, steel systems, steel scrap buyers, alloy steel
US food giant General Mills said today (27 June) the steepest rise in input costs it has experienced in over 30 years weighed on its full-year earnings. For the 12 months ended 27 May, net profit slid 12.8% to US$1.57bn. Operating ...
UK cake manufacturer Finsbury Food Group today (24 September) reported an increase in full-year profits after seeing sales exceed GBP200m (US$324.3m) for the first time. The company booked profit after tax of GBP4.9m for the year to the ...
Tags: Finsbury Food Group, pension scheme, share option charges