Major players in Indonesia's cement industry have each posted solid growth in revenue in the first half of the year on the back of solid demand for the building material, but that has not translated into profitable results for all of them. ...
Tags: Cement, Construction
Eight months after the launch of Microsoft's Surface line, the company has yet to turn a profit on its first foray into tablet manufacturing and sales, according to a Tuesday regulatory filing. Microsoft's annual report, filed yesterday ...
Tags: Microsoft
PPG Industries, Inc. announced it has reached an agreement to divest its 51 percent interest in Transitions Optical to Essilor International, which currently holds a 49 percent interest in the venture. Transitions Optical is a global ...
Tags: PPG, Construction
Facebook's mobile advances have pushed the company's stock price up to its $38 IPO price for the first time since the company went public in May 2012. Facebook shares hit a high of $38.31 today shortly after the markets opened, but then ...
Tags: Facebook, IPO Share Price
Workers are planning strike action at Premier Foods' Wigan bakery over use of agency labour and shift pattern changes, while the firm's bakeries at Birmingham and Greenford shut on schedule. Premier Foods makes Hovis-branded products at ...
Tags: Agriculture, Food
Reportedly, global steel giant ArcelorMittal cuts its 2013 core profit guidance this Thursday on weaker demand and lower raw material prices. According to ArcelorMittal that the group's earnings before interest, tax, depreciation and ...
Tags: ArcelorMittal, Mineral
Steelmaker Ternium reported Wednesday net income of $134.4 million for Q2 2013, down from $151.4 million in the previous quarter, but higher than the $115.4 million reported in Q2 2012. Steel shipments in Q2 2013 of 2.2 billion tons were ...
Tags: Ternium, Stable Sales
Earnings trend underscores significant progress in corporate reorganization Revenue share of semiconductor-based products above 30 percent for the first time Osram raises earnings outlook slightly for current fiscal year Osram showed ...
Africa's largest steel producer, ArcelorMittal South Africa, has announced its financial results for the second quarter and the first half of the current year, reporting a net profit of ZAR 135 million ($13.45 million) in the second ...
TMS International Corp., the parent company of Tube City IMS Corporation, a leading provider of scrap to steel mills globally, announced Thursday results for its Q2 ended June 30, 2013. Net income attributable to common stock was $8.1 ...
Tags: TMS International, Mexican Mill
Houston, Texas-based MRC Global Inc., the largest global distributor, based on sales, of pipe, valves and fittings (PVF) and related products and services to the energy and industrial sectors, reported Q2 2013 sales of $1.27 billion, down ...
German pharma and chemical firm Bayer has reported a net profit of €841m for the second quarter of 2013, with an increase of 74.8% compared to €481m during the comparable period earlier year. The increase in profit is primarily ...
Tags: chemical firm, Bayer
Vistaprint N.V., a leading online provider of professional marketing products and services to micro businesses and the home, announced financial results for the fourth quarter and fiscal year ended June 30, 2013. Fourth quarter 2013 ...
Tags: Vistaprint, Textile
In the corrugated giant's first half of the year statement published today (31 July), chief executive Gary McGann said the growth was the result of improved pricing, continued cost take-out and enhanced efficiency programmes. Revenue for ...
Australian packaging company Amcor has announced plans to demerge its Australasia and Packaging Distribution (AAPD) business from its other operations to pursue their own growth agendas and strategic priorities. Amcor CEO and managing ...