Wal-Mart Stores today (21 February) set a forecast for first-quarter earnings below analyst estimates amid caution over the economy and consumer confidence. The world's largest retailer said it expects first-quarter earnings per share of ...
UK firm Dairy Crest has announced it is reorganising its business to focus on "consumer-driven growth" and to build an "integrated" supply chain. The move reflects the increasingly "more focused" and "less complex" nature of Dairy Crest's ...
GC Rieber Shipping contracts a new build and enters into long-term time charter agreements Thursday, Feb 14, 2013 GC Rieber Shipping has entered into an agreement with Kleven Verft ("Kleven") to build a new 22 streamer 3D seismic vessel ...
Hasbro reported a slight drop in overall revenues and profit for its 2012 financial year, as expected. It said the holiday season was "challenging" in certain territories. Net revenues for the full-year 2012 were $4.09 billion, compared ...
Tags: Hasbro Profits, Toys, overall revenues
Interface, Inc. a worldwide carpet tile company and global leader in sustainability, announced results for the fourth quarter and fiscal year ended December 30, 2012. Fiscal Year 2012 Financial summary Sales: For the full year 2012, ...
Tags: Interface, fourth quarter, carpet tile
Meat 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
ABB has announced that Michel Demar will step down as ABB Chief Financial Officer and member of the Executive Committee.He has been appointed as the new Chairman of the Board of Syngenta beginning in April 2013 and will in the future focus ...
Tags: Michel Demar, CFO of ABB
US retailer Kroger has increased its full-year profit forecast after reporting a rise in third-quarter earnings. In the three-month period ended 3 November, earnings climbed to US$316.5m from $195.9m a year earlier, which included a ...
Tags: Kroger, profit, earnings rise, profit forecast
Some solar makers believe the merger between Neo Solar Power (NSP) and DelSolar, a subsidiary of Delta Electronics, will not affect the industry significantly. Nevertheless, this will set a good example for the industry to increase the ...
Tags: industry, NSP, cooperation, market
Cherokee Inc.a leading innovator and global marketer of style-focused lifestyle brands around the world reported financial results for the third quarter ended October 27,2012. Net revenues were$6.7 million for the quarter,up from$6.0 ...
Tags: financial results, net revenues, Tesco
Industrial Alliance Insurance and Financial Services has acquired its subsidiary, Industrial Alliance Pacific Insurance and Financial Services, effective 30 June 2012. As per the merger agreement inked, the former Industrial Alliance ...
Tags: Industrial Alliance, subsidiary, strong financial position
Mohawk Industries Inc. announced 2012 third quarter net earnings of $70 million and diluted earnings per share (EPS) of $1.01. Excluding restructuring charges, net earnings were $72 million and EPS was $1.04, a 25% increase over last year's ...
Tags: net earnings, Net sales, SmartStrand Silk, carpet market
Harris Teeter Supermarkets,Inc.(NYSE:HTSI)(the"Company")today reported that sales for the 52 weeks ended October 2,2012 increased by 5.8%to$4.54 billion from$4.29 billion in fiscal 2011.Sales for the fourth quarter of fiscal 2012 increased ...
Tags: Harris Teeter, Supermarkets, profits, acquisition
TORONTO — Leon's Furniture reported its net earnings per share fell 18.8% in the second quarter, driven in part by rising marketing costs, sagging housing starts and waning consumer confidence. Leon's said system-wide sales were ...
Tags: furniture
Nokia today confirmed it would be cutting another 10,000 people from its global workforce in an attempt to bring down costs. The struggling phone company will also close a number of its research and development sites across Germany and ...
Tags: Nokia, global workforce, struggling phone company, competitive strength