Clariant announced full-year sales 2012 from continuing operations of CHF 6.038 billion compared to CHF 5.571 billion in the previous-year period. This corresponds to an increase of 8% in local currencies and in Swiss francs. The 8% ...
Tags: Clariant, full-year, sales 2012
US pasta and pesto manufacturer Armanino Foods has recorded an increase in full-year earnings, despite battling rising raw material prices as a result of the US drought. Net profit amounted to US$2.88bn in the 12 months to the end of ...
Tags: Armanino Foods, full-year earnings, raw material prices
A large group of U.S. lawmakers has reintroduced legislation that would require online retailers to collect sales tax for state and local governments, essentially raising the cost of many online purchases by 10 percent or more. ...
Tags: legislation, sales tax, online sales tax
Australian packaging company Amcor has announced its agreement to acquire select printing assets of AGI-Shorewood’s (ASG) Tobacco Packaging and Specialty Folding Carton Operations for $115m. The acquired business has plants or ...
Data from the United States Department of Commerce and the National Retail Federation (NRF) today showed that January retail sales were up compared to December as well as on an annual basis. Commerce reported that January retail sales at ...
Tags: United States Department of Commerce, NRF, January retail sales
US poultry producer Pilgrim's Pride moved to a profit in 2012 and claimed its "best results in recent years". The company made a profit of US$174m in the 12 months to the end of December. This compares to a net loss of $495.7m last year. ...
Tags: poultry producer, Pilgrim's Pride, profit
Canadian dairy co-op Agropur has booked what it claimed are "remarkable" annual financial results, with higher sales and core earnings. Agropur posted a 5.1% rise in sales to C$3.7bn for the year to 3 November. The co-op did not provide ...
US food group Campbell Soup Co. has recorded a drop in first-half profits as costs related to its acquisition of Bolthouse Farms hit earnings. Earnings in the six months ended 27 January fell to US$430m, a 7.3% decline on last year, the ...
US firm B&G Foods has recorded an increase in full-year profits, boosted by acquisitions and price increases in 2012. Earnings in the 12 months ended 29 December amounted to US$59.3m, a 17.9% increase on the prior year period. Operating ...
Tags: B&G Foods, full-year profits, acquisitions
Regional US supermarket group and food distributor Spartan Stores has booked an increase in third-quarter earnings. Net profit in the three months to the end of December amounted to US$5.2m, a 2% increase on the prior-year period. ...
Tags: US supermarket group, food distributor, Spartan Stores, earnings
The Venezuelan government announced the devaluation of its currency, the bolivar fuerte (VEF), on 8 February. The official exchange rate was changed from VEF 4.3 per US dollar to VEF 6.3 per US dollar. Smurfit Kappa said that as a result ...
Tags: Venezuelan government, VEF, Smurfit Kappa
Underperforming open industrial waste water treatment lagoons are on the way out after more than a century, as industry counts the cost of their pollution, odours, leakage, energy wastage and relative inefficiency in fixing the problems ...
Tags: Underperforming Waste Lagoons, The Environmental Risk Management
Nokia and LG Electronics have both launched new phones that can handle two SIM cards, as they aim to attract more buyers in developing countries. Offering dual-SIM products has become increasingly important in the last couple of years . ...
Tags: Nokia, LG Electronics, phone market
American Financial Group has reported net earnings attributable to shareholders of $50m, or $0.54 per share for the fourth quarter of 2012, against $109m, or $1.09 per share during the same period earlier year. The P&C specialty insurance ...
Tags: American Financial Group, net earnings, 2012
American International Group (AIG) has rolled out its latest CorporateGuard D&O policy on the pan-European basis, which offers protection against current risks to directors and officers, as well as fulfills growing corporate governance ...