North America
North America
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US and Canada Continue Rig Count Increased or Decreased?
Feb 4, 2013Baker Hughes reported Friday that for the week ending February 1, the US rig count increased by 11 to 1,764, following an increase the prior week. On a year-on-year basis, the US rig count was still down 233 rigs. Rigs drilling for oil ...
Tags: rig count, rig, rig industry
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Tyson Foods Books an Increase in First-Quarter Earnings
Feb 4, 2013US meat giant Tyson Foods said fiscal 2013 is off to "a good start" after it booked an increase in first-quarter earnings. Net profit in the three months ended 29 December amounted to US$173m, an 11% increase on last year, it reported ...
Tags: Tyson Foods, meat giant, profits
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Tate & Lyle Has Said It Expects "Modest" Full-Year Gains as an Increase in Corn Prices
Feb 4, 2013Tate & Lyle plc has said it expects "modest" full-year gains as an increase in corn prices dented third-quarter results. The ingredients group announced its third-quarter profit before tax was "broadly in line" with expectations, but down ...
Tags: corn prices, corn supplies, corn industry
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Seneca Foods Books an Increase in Earnings in The First Nine Months of Its Fiscal Year
Feb 4, 2013US canned foods firm Seneca Foods has booked an increase in earnings in the first nine months of its fiscal year. In the period ended 29 December, net profit soared to US$37.5m from $13.4m in the year-ago period, the company reported ...
Tags: Seneca Foods, canned foods, profits
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Mead Johnson Has Booked an Increase in Full-Year Earnings
Feb 4, 2013Mead Johnson has booked an increase in full-year earnings, as sales from Asia and Latin America offset declines in Europe and North America. The company said yesterday (1 February) its 2012 net earnings totalled US$604.5m, or $2.95 per ...
Tags: baby formula maker, sales, baby food
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Cotlook A Index Fluctuated Around an Average of 83 Cents Per Pound
Feb 4, 2013The Secretariat noted last month, that just as in a Sherlock Holmes novel where the telling clue is the dog that did not bark, the key to understanding the cotton market was in recognizing what was not happening. Among other things, cotton ...
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Meat Firm Cranswick Has Offset Rising Pig Prices to Deliver "Impressive Growth"
Feb 4, 2013Meat firm Cranswick has offset rising pig prices to deliver "impressive growth" in the three months to December 31, according to City analysts. Cranswick delivered "impressive growth", despite soaring pig prices Panmure Gordon analyst ...
Tags: Cranwick, pig prices, Meat firm
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The NSG Group Reports a 9% Drop in Its Cumulative Group Revenues for The Q3 of Fiscal Year
Feb 4, 2013The NSG Group has reported a 9 percent drop in its cumulative group revenues for the third-quarter of fiscal year 2013. The company’s revenues dropped from $4.5 billion (U.S. dollars) (420.8 billion Yen) in the third-quarter of 2012 ...
Tags: architectural markets, NSG, revenues
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Hershey Reported That Its Net Income Increased up 5.4% for The Fourth Quarter
Feb 4, 2013US chocolate manufacturer Hershey has reported that its net income increased by 5.4% to $149.8m for the fourth quarter ended 31 December 2012, compared to $142.1m for the correspond period in the previous year. For the period, the ...
Tags: chocolate manufacturer, sales, net income
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Sharemarket Broke 10-Day Winning Streak as Country's Economy Had Paused Recently
Feb 1, 2013The sharemarket broke a 10-day winning streak yesterday after the US Federal Reserve said the country's economy had paused recently. However, the Australian bond market found support after a wave of selling. "Being the last day of the ...
Tags: stocks, US economy, sharemarket
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US Iron Ore Production in 2012 Has Been Estimated Down Slightly in 2012
Feb 1, 2013US iron ore production in 2012 has been estimated at 53.2 million mt,down slightly compared to the 54.7 million mt recorded in 2011, owing to reduced steel consumption and destocking, according to the "US Geological Survey, Mineral ...
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Solid Financial Results Coupled with Positive Reports Are Boosting Confidence in IT
Feb 1, 2013Despite some caution about the fortunes of BlackBerry, Facebook and Apple, solid financial results from tech vendors coupled with positive reports about the economy are boosting confidence in IT, with share prices of computer, consumer ...
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The Economic Downturn Has Affected Consumer Spending Across Many Sectors
Feb 1, 2013While the economic downturn has affected consumer spending across many sectors, craft and craft-style beers are defying recessionary trends with an impressive upward trajectory. Indeed, latest research by Mintel on the craft beer market in ...
Tags: Craft beer, craft style beers, beer category
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US Confectionery Giant Hershey Sees Its Profits Increase in 2012
Feb 1, 2013US confectionery giant Hershey saw its profits increase in 2012 - and cheered the market by upping its guidance for earnings this year. In the 12 months to the end of December, the company earned US$660.9m, a 5% increase on 2011, it ...
Tags: confectionery giant, profits, Shares
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ACE Has Registered Net Income of $765m or $2.22 Per Share
Feb 1, 2013Property and casualty underwriter ACE has registered net income of $765m or $2.22 per share, for the fourth quarter of 2012, up by 4% from $735m or $2.15 during the same quarter last year. Income excluding net realized gains or losses ...
Tags: Property underwriter, casualty underwriter, reinsurance
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