Archer Daniels Midland saw its profits slide in the first quarter of its financial year as the US drought hit corn supplies. In the three months ended 30 September, earnings amounted to US$182m from $460m last year, the firm reported ...
Tags: profits, corn, ADM, Archer Daniels Midland
When the Chinese energy giant Hanergy decided last week to buy Miasole,a Silicon Valley-based thin-film solar company,at less than a tenth the amount venture capitalists had invested in the firm,it could have been making a savvy move.Though ...
US egg firm Cal-Maine Foods' first-quarter net profits has more than tripled as sales climbed on higher average market prices for shell eggs. In the three months ended 1 September, earnings surged to US$9.4m from $3.1m last year, the firm ...
Tags: CalMaine Foods, net profits, sales, shell egg
A fall in production has hit half-year profits at UK-listed palm oil processor New Britain Palm Oil. CEO Nick Thompson said heavy rain made it harder to collect and transport fresh fruit bunches. The wet weather also meant the fruit ...
Tags: oil process, profits, New Britain Palm Oil, production fall
US c-store operator The Pantry has reported lower third-quarter profits as an impairment charge and lower fuel sales weighed on earnings. In the three months ended 28 June, earnings dropped to US$14.8m from $19m in the comparable period ...
Tags: Pantry, Q 3profits, fuel sales, earnings
Integrated Bagging Systems (IBS), a division of Inteplast has announced the launch of its new disposable Inte-Fit Hybrid Gloves in new packaging. The new Inte-Fit gloves are eco-friendly as they are 100% recyclable and additionally the ...
Tags: IBS, disposable gloves, packaging
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
Steven Elliott, Plant One Manager, OEP Couplings, div of Oren Elliott Products, Inc. When selecting a shaft coupling, a large number of factors need to be considered, and many of these factors interact with one another, further ...
Tags: Shaft Couplings, coupling, bearings, Jaw couplings, Magnetic couplings
Baker Hughes Inc said its international rig count for November rose 0.6% from the prior month and 6.9% from a year ago to 1,267. The international offshore rig count for November was 300, versus 306 the prior month and 302 in the year ago ...
Tags: rig count, natural-gas, Oil and gas
The Gazprom Board of Directors endorsed the Company's efforts aimed at implementing the voluntary mechanisms of environmental responsibility. The meeting noted that modern world experience contemplated for companies not just meeting the ...
Slovenian retailer Mercator has warned of rising raw materials costs and "profound recession" in many of its key markets after swinging to a net loss in the first half of 2012. For the six months to the end of June, Mercator reported net ...
Tags: Mercator, raw materials, key market, food market, net loss
In a new three part video series about the clear advantages advanced high-strength steels offer to automakers, Mr Lawrence W Kavanagh president, the Steel Market Development Institute a business unit of the American Iron and Steel ...
Tags: steel suppliers, steel protection, aisi steel, steel design
Chilean retail giant Cencosud has booked an increase in earnings for the third quarter of the year. Net profit in the three months to the end of September grew 20% to CLP66.9bn (US$139.4m), the company reported today (20 November). The ...
Google Chairman Eric Schmidt has taken a swipe at rival Apple, claiming that its lead over Apple in the mobile operating system market compares with flocks of consumers opting for Microsoft's desktop software in the 1990s. Google's ...
Tags: Eric Schmidt, Apple, mobile operating system, Android
Those who are familiar with my work know that I like it when investment ideas remind me of prior decisions that have worked out well.Corning(GLW)reminds me of other cyclical stocks that have done well once earnings estimates first start to ...
Tags: Corning, cyclical stocks, LCD glass