Higher sugar sales and strong growth at the Primark clothes retailer helped Associated British Foods to insulate itself against tough conditions in the UK food grocery market in its first fiscal quarter. For the 16 weeks to 5 January, ...
Tags: Foods, sugar sales, food grocery market
CBR rounds up expert opinions on what Facebook’s new graphic search means for the future of the company and its search engine competitors. Jonathan Beeston, director of new product innovation at Adobe Facebook Graph Search is a ...
Tags: Facebook, graphic search, search engine
Thorntons missed out on the Christmas online shopping boom due to the late deployment of its new website and operational issues that “had a significant impact on sales in the period”, new figures reveal. Thorntons missed out ...
Tags: Thorntons, online shopping, website and operational issues
Many denim producers in India, who have increased their production capacity in the past anticipating a rise in demand in future, are facing a problem of surplus capacity. “Currently, the denim industry is facing a situation of ...
Tags: denim producers, India, surplus capacity, textile industry
SAP’s revenue from software and software-related services showed ample growth thanks in part to its HANA in-memory database and the strength in its portfolio of cloud applications, the company said Tuesday as it reported preliminary ...
Donal O Riain, CEO and founder of Ecocem, told the Irish Times that the the anomaly occurred because the domestic cement sector had lost 75 per cent of its demand since the peak years, yet the allocation of ETS credits to the sector was ...
Tags: Ecocem, domestic cement, company news
City Cement, the company which raised just over $250m for expansion when it floated on Saudi Arabia s stock exchange in October, has announced that net profits dropped during the fourth quarter of 2012 by 35% to $11.6m, compared with $17.7m ...
Tags: City Cement, cement industry, company news
Berlin Packaging, a US-based supplier of plastic, glass, metal containers and closures has managed a double-digit year-over-year growth in both sales and earnings and revenues close to $800m. According to the company, it continued to ...
Tags: Berlin Packaging, US, plastic, glass, metal containers, closures
The Australian sharemarket closed marginally lower after investors decided to reap their profits later in the day. At the close today, the benchmark S&P/ASX 200 index was down 3.1 points, or 0.07 per cent at 4716.6, while the broader All ...
Tags: Australian sharemarket, investment, economy
The Australian sharemarket limped to a flat close after a dovish speech from Federal Reserve chairman Ben Bernanke and a strong production report from Rio Tinto failed to dissuade investors from taking profits following strong gains in ...
Tags: Australian sharemarket, Rio Tinto, economy
The Chinese steelmaker Shagang released its estimated adjusted financial result for 2012 on January 11st, 2013. In 2012, the company realized a net profit of RMB13~RMB40 million, slumping by 85%~95% from a net profit of RMB278 million in ...
Tags: Shagang, steel, Net Profits, financial result
Chocolate maker Lindt & Sprüngli has reported a 7% rise in net sales for 2012 and estimated that profit margins widened during the year. For the 12 months to the end of December, Lindt reported sales of CHF2.67bn (US$2.8bn), ...
Tags: Chocolate maker, Lindt, profit
CyberlinkASP, the leader in hosted virtual desktop and private cloud solutions, today announced that it has entered into a partnership with Animal Intelligence Software, Inc. to provide cloud based veterinary practice management software. ...
Writing in the Financial Times, a partner at a London-based financial advisory business suggests Iraq as a true frontier market investment. Citing precedents such as Japan in the early 1960s and Russia in 1995, Richard Greer, a partner at ...
Tags: Iraq, True Frontier Market, Financial Time
Tata Consultancy Services had strong revenue and profit growth in the fourth quarter, indicating that the offshoring market is recovering. The business momentum is expected to continue in 2013, as customers invest in more efficient ...
Tags: Consultancy Services, Tata, outsource