Driven by higher margins and improved operations in downstream and chemical businesses, Exxon Mobil posted a 3 percent hike in net profit in the third quarter of 2014, from a year ago period. Net profit at Exxon Mobil, the world’s ...
Checkpoint Systems, Inc, a RFID solutions provider for the retail industry, said in the third fiscal quarter of 2014, it reported the highest gross profit margins ever seen in the last ten years. Gross profit margin at Checkpoint expanded ...
Tags: RFID solutions, Gross profit margin, Textile
NYSE-listed and clothing retailer, Gap Inc has approved a quarterly dividend of $0.22 per common share for holders of the Company’s common shares. The dividend will be paid on or after January 28, 2015 to shareholders of record at the ...
The biggest retailer in the world, Wal-Mart Stores delivered near flat third quarter of 2014 diluted earnings per share from continuing operations, from the prior year quarter. Although diluted earnings per share from continuing ...
Tags: retailer, Wal-Mart Stores, Apparel
US based apparel retailer and NYSE listed, Macy’s said its third fiscal quarter ending November 1, 2014, earnings per diluted share jumped 30 per cent from the year ago period, to 61 cents. Total sales in the third quarter of 2014 ...
Tags: apparel retailer, Total sales, Apparel
Pilgrim's, a operator of chicken processing plants and prepared-foods facilities, has reported net income for the third quarter of $256m, compared to $160.9m for the year-ago quarter. Net sales for the third quarter rose to $2.27bn from ...
Tags: Pilgrim's, chicken, Agriculture
Kraft Foods Group has reported a decline in profit for the third quarter, owing to higher commodity costs that offset a marginal climb in sales, with weak operating margins pronounced at the cheese, and meals and desserts segments. The ...
Tags: Kraft Foods, cheese, Food
Japanese barcode printing, labelling, and EPC/RFID solutions provider SATO plans to establish two new group companies – SATO Global Solutions and SATO International - in line with its global growth expansion strategy. While SATO ...
Tags: SATO Global Solutions, SATO International, Agriculture
US-based buyout firm Lindsay Goldberg will sell German packaging company Weener Plastik for approximately $500m (€400m), as per a report by Reuters. Reuters quotes that rival buyout firms including CD&R, Ardian, Charterhouse and ...
Tags: Weener Plastik, packaging firms, Agriculture
The Boston Beer Company reported third quarter 2014 net revenue of $269.7m, an increase of $53.3m or 25% over the same period last year, mainly due to core shipment growth of 23%. Net income for the third quarter was $37.9 million, or ...
Revenue growth: Revenue grew by 2.3% in 3Q14 and by 5.3% in 9M14, with revenue per hl growth of 5.0% in 3Q14 and 4.5% in 9M14. On a constant geographic basis, revenue per hl grew by 4.9% in 3Q14 and by 5.2% in 9M14. Total volumes in 3Q14 ...
Tags: Beer volumes, Revenue growth, Agriculture
UK-based Plastics Capital has agreed to acquire packaging manufacturer, Flexipol Packaging, for a maximum consideration of £10.64m. Based in Lancashire, Flexipol produces plastic packaging products like vacuum bags, block bottom ...
Global packaging company Sonoco has announced that it has acquired Germany-based Weidenhammer Packaging Group for $360m (€286m) in cash. Weidenhammer specializes in producing composite cans along with composite drums and rigid ...
China New Borun Corporation has announced its unaudited financial results for the third quarter of 2014. Mr. Jinmiao Wang, Chairman and Chief Executive Officer of Borun, commented on the results, "We're pleased that this third quarter ...
Tags: China New Borun Corporation, financial results, Agriculture
Private label beverage producer Cott Corporation has agreed to acquire US-based water and coffee producer DSS Group for $1.25bn. The two companies have signed a definitive merger agreement, which will be closed by the end of January ...
Tags: direct-to-customer delivery, beverage platform, Agriculture