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Listed Companies in Japan Saw Average Pretax Profits Rise 2% on The Year in The April-June
Aug 21, 2014Listed companies in Japan saw average pretax profits rise 2% on the year in the April-June quarter, despite April’s consumption tax hike. Automakers and consumer electronics companies were among the top performers in a Nikkei pretax ...
Tags: Automakers, Electronics
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Raditional Chinese Footwear Makers Performed Not Well in The First Half of This Year
Aug 19, 2013Almost all traditional Chinese footwear makers performed not well in the first half of this year due to an economic slowdown. 361 Degrees International Ltd. (SEHK: 1361), a Fujian-based sportswear maker, released operating data for the ...
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Foreign Banks Will Continue Fueling Expansion in The Chinese Mainland
Aug 16, 2013me foreign banks will continue fueling expansion in the Chinese mainland in the second half of this year despite that they experienced a profit fall there in the first half of the year. Foreign banks released financial results for the ...
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Nucor's Sales Profits in Q2 Might Be Lower Than The Market Analysts's Forecast
Jun 18, 2013Nucor, one of the major steel manufacturers in the US said that d its sales profits in the second quarter might be lower than the market analysts' forecast due to decreased steel melting sales in the given period of time. The company said ...
Tags: Construction, steel
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Finding a Business Partner in China Would Be 'welcome News' for Tesco
May 21, 2013Striking a deal with a business partner in China would be “welcome news” for Tesco, according to City analyst Shore Capital. Finding a business partner in China would be 'welcome news' for Tesco, said Shore Capital ...
Tags: China, Tesco, Business Partner
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Foreign Banks Continue Selling Stake in Chinese Lenders
Apr 29, 2013Foreign banks continue selling stake in Chinese lenders due to uncertainties of the Chinese economy. Sources said recently that HSBC would sell an eight percent stake in Bank of Shanghai, a city-level commercial lender in the Chinese ...
Tags: Foreign Bank, bank, economy
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5 Steel Company's Annual Loss Together Had Reached RMB11.454 Billion (US$1.85 Billion)
Apr 1, 2013According to the annual reports of 12 public steel companies in China, 5 steel company's annual loss together had reached RMB11.454 billion (US$1.85 billion). The 5 steel companies are Angang, Magang, Anyang Steel, ST Shaogang and Chongqing ...
Tags: Metallurgy, Mineral, Energy, steel
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Russian Pipemaker TMK Saw Its Net Profit Fall by 27% Year on Year
Mar 7, 2013According to its financial results for 2012 in line with international financial reporting standards (IFRS), Russian pipemaker TMK saw its net profit fall by 27 percent year on year to $282 million in the given year. In 2012, the company's ...
Tags: TMK, net profit, pipemaker
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Australia's Fortescue Metals Group Reported 40% Profit Fall in First-Half
Feb 21, 2013Australia’s Fortescue Metals Group, the world’s No.4 iron ore producer ranks behind Rio Tinto, Vale and BHP Billiton, reported 40% profit fall in first-half. Iron ore price fell sharply and costs rose as it ramped up ...
Tags: iron ore producer, iron ore, Iron ore price
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Shares in Canadian Retailer Loblaw Fell Today (25 July) After The Company
Dec 12, 2012Shares in Canadian retailer Loblaw fell today (25 July) after the company, which had warned of lower earnings in 2012, reported a 21% drop in first-half profits. Loblaw said in February spending on its supply chain and market ...
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Investors in The Hindustan Copper Auction Issue Are Already Staring at a Loss
Dec 4, 2012BS reported that investors in the Hindustan Copper auction issue are already staring at a loss. The price fell below the government set auction floor price of INR 155 on 27th 2012. The issue had been subscribed largely by public sector ...
Tags: Hindustan Copper, LIC, INR 153
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BT Recorded Revenues of £4.47bn for The Second Quarter of 2012
Nov 1, 2012BT's sales have fallen across all of its divisions, despite being ahead of schedule with its superfast broadband roll-out. BT recorded revenues of £4.47bn for the second quarter of 2012 – ending 30 September – which is ...
Tags: BT, superfast broadband, broadband, fibre broadband network
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Thorntons Saw Its Share Price Rise This Morning
Sep 12, 2012Thorntons saw its share price rise this morning (12 September) despite lower full-year profits as an improved second-half performance led to better-than-expected pre-tax earnings. In the 53 weeks to the end of December, Thorntons saw a ...
Tags: Thorntons, chocolate, candy, price rise
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Cree's Net Profit Has Unsurprisingly Dropped Following The Ruud Acquisition
Oct 19, 2011Cree’s net profit has unsurprisingly dropped following the Ruud acquisition, EcoSense has received series-B funding, and Nanoco is pushing forward with quantum-dot development. Cree sees profit fall following Ruud deal Cree, Inc. ...
Tags: LED Financial News, Lighting
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Cree's Net Profit Has Unsurprisingly Dropped Following The Ruud Acquisition
Oct 19, 2011Cree’s net profit has unsurprisingly dropped following the Ruud acquisition, EcoSense has received series-B funding, and Nanoco is pushing forward with quantum-dot development. Cree sees profit fall following Ruud deal Cree, Inc. ...