EMC reported first-quarter revenue rose 6 percent to US$5.39 billion, while net income fell about 1 percent year-over-year to $580 million as costs rose. Excluding one-time charges, first quarter net income was $850 million, a 4 percent ...
Tags: EMC, Computer Products, EMC Storage Business
It is reported that the profit of 912 vanadium & titanium steel mills based in Sichuan province in the first ten months of 2012 amounted to CNY 1.108 billion down 1.22% from January to September 2012. The speed of sliding profit slows down. ...
Tags: construction steel, railway steel, CR sheet, seamless steel production
Norwegian conglomerate Orkla has booked a decline in first-half profits from its FMCG division. The loss of contract production in the second half of 2011 had a negative impact on the unit's earnings in the six months to the end of June, ...
Tags: Orkla, consumer goods, first-half profits
US food manufacturer Lancaster Colony has booked a drop in full-year profits. In the 12 months to the end of June, earnings slid 9.9% to US$95.8m. Operating profits in the period dropped 2.5% to US$143.3m. Lancaster's speciality foods ...
Tags: Lancaster Colony, full year profits, drop, food industry
US retailer Safeway Inc has booked a decline in operating profit in the first half of the year. For the 24 weeks ended 16 June, operating profits slid to $437m, an 11.9% decline on the prior-year period. The retailer blamed the dedcline ...
Tags: Safeway Inc, operating profit, food market, food industry
Chiquita Brands International has said its third-quarter net loss more than doubled amid falling sales and restructuring charges. The company said net losses rose to US$67m, up from $29m last year. Sales dropped to $714m, down from $723m ...
Tags: net loss, banana and salads businesses, profit decline
A supplier can invoke a force majeure clause if unforeseen circumstances impact on its ability to deliver against a contract. Force majeure is a legal term. The Oxford Dictionary definition describes the term as the ...
Tags: circumstances impact, Plastics Trade Body, packaging, packaging industry
Taipei,Sept.4,2012--Suffering profit decline in China,Taiwan Cement Co.(TCC)and Asia Cement,two Taiwan-based cement makers,saw plummeting profits in the first half of the year,but,based on confidence in China's market,are still investing in ...
Tags: TCC, China, investment, profit decline