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Walmart Outlines Plan to Win with Customers, including E-commerce Acceleration, at Meeting for Investment Community Today
Oct 13, 2016The company reiterates fiscal year 2017 GAAP EPS guidance of $4.29 to $4.49, or adjusted EPS1 guidance of $4.15 to $4.35. For fiscal year 2018, the company expects GAAP EPS to be relatively flat to fiscal year 2017 adjusted EPS1. ...
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The J. M. Smucker Company Announces Fiscal 2017 First Quarter Results
Aug 26, 2016The J. M. Smucker Company announced results for the first quarter ended July 31, 2016, of its 2017 fiscal year. All comparisons are to the first quarter of the prior fiscal year, unless otherwise noted. Executive Summary Net sales ...
Tags: J.M.Smucker Company, results
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Sappi Delivers Increased Profits for 3rd Quarter Ended June 2016
Aug 10, 2016Operating profit excluding special items was strong at $97m despite the third quarter being seasonally the weakest due to the summer holiday period in the northern hemisphere and the scheduling of annual maintenance work during the period. ...
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Neenah Reports Record Second Quarter 2016 Results
Aug 9, 2016Neenah Paper has reported 2016 second quarter results. Second Quarter Highlights Revenues of $246.0 million increased 16 percent with organic and acquisition-driven growth.Operating income grew 22 percent to $33.9 million ($35.3 million ...
Tags: Neenah Paper, year-on-year results, SG&A
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Marfrig to Sell Three Meat Packing and Livestock Confinement Units to Foresun for $75m
Apr 11, 2016Brazilian meat packer Marfrig Global Foods has agreed to sell three meat packing and a livestock confinement unit in Argentina to China-based Foresun Group’s subsidiary for $75m. As part of the agreement, Black Bamboo Enterprises ...
Tags: Marfrig, Foresun, Meat Packing
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Moy Park to Invest pound 10m in Derbyshire Poultry Processing Facility
Nov 26, 2015Poultry processor Moy Park is planning to invest £10m to expand its processing facility and hatchery in Derbyshire. The move is expected to create 100 jobs. The investment will go towards the installation of a new cutting line, ...
Tags: Moy Park, birds, poultry products
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Sonoco Reports Third Quarter 2015 Results
Oct 26, 2015Sonoco, one of the largest diversified global packaging companies, today reported consolidated financial results for its third quarter, ending 27 September 2015. Sonoco president and CEO Jack Sanders said: "We are encouraged by the ...
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Brazilian Meat Producer JBS Completes Moy Park Acquisition
Oct 10, 2015Brazilian meat producer JBS has completed the acquisition of European poultry company Moy Park for $1.5bn from Marfrig Global foods, following an approval from the European Union. The deal, which was announced in June, required certain ...
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TreeHouse Foods Has Recorded First Quarter Earnings of $0.41 Per Fully Diluted Share
May 12, 2015TreeHouse Foods has recorded first quarter earnings of $0.41 per fully diluted share when compared to $0.38 per fully diluted share reported for the first quarter of 2014. The Company reported adjusted earnings per share in the first ...
Tags: TreeHouse Foods, Q1 Results
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The Diamond and Jewelry Sector Witness a Slowdown in The High End
Oct 27, 2014The diamond and jewelry market, like the global economy, is sending mixed messages ahead of the holiday shopping season. The prevalent claim that the economy is showing its strongest prospects since the 2008 crash is being disputed by ...
Tags: diamond, jewelry market
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Fiscal 2014's Financial Results of Saputo Which Ended on March 31 Was Reported
Jun 9, 2014Saputo (Saputo or the Company) reported today its financial results for fiscal 2014, which ended on March 31, 2014. All amounts in this news release are in Canadian dollars, unless otherwise indicated, and are presented according to ...
Tags: Agriculture, Food
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Fitch Ratings Has Affirmed The Long-Term Rating of India-Based Tata Steel
Apr 15, 2014International credit ratings agency Fitch Ratings has affirmed the long-term rating of India-based Tata Steel at BB+ and that of its subsidiary Tata Steel UK Holdings at B+, lifting the outlook for both companies to stable from negative. ...
Tags: Fitch, Steel's Outlook
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China Is Expected to Grow at 7.5 Percent in 2013,and Slow Down to 7.4 Percent in 2014
Nov 7, 2013China is expected to grow at 7.5 percent in 2013, and slow down to 7.4 percent in 2014 and 2015, the European Union's European Commission said in a report on Tuesday. According to the EU, the major risks for the Chinese economy remain ...
Tags: China's Growth, EU
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Premier Foods Is Ahead of Target on Cutting Suppliers and Product Lines
Nov 4, 2013Premier Foods is ahead of target on cutting suppliers and product lines, according to ceo Gavin Darby, reporting on third quarter (Q3) financial results yesterday. Premier Foods is growing its core power brands "During the quarter we ...
Tags: Agriculture, Food
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ATRI Released Its Top Ten List of Trucking Industry Concerns This Week
Oct 25, 2013The American Transportation Research Institute (ATRI) released its top ten list of trucking industry concerns this week. The 2013 survey, which was commissioned by the American Trucking Associations (ATA), had a 41 percent increase in ...
Tags: Trucking Industry, Transportation