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
PepsiCo has posted a fall in full-year profits and sales as a 53rd week in 2011 results left a tough comparison. Net profits were down by 4% to US$6.18bn in 2012, the New York-based company said today (14 February). Net sales slipped by ...
Tags: PepsiCo, profits and sales, tough comparison
Global food group Nestle said 2013 looks every bit as "challenging" as 2012, a year when profits increased but underlying sales growth slowed. The Swiss food giant reported a 11.8% increase in earnings of CHF10.61bn (US$12.02bn) in 2012. ...
Dean Foods' share price was down 9% today (13 February) after the US dairy giant issued a cautious outlook for the year. Shares in the group were down to US$16.73 in early morning US trading today, despite the firm booking earnings of ...
Tags: Dean Foods, share price, dairy giant
Panasonic’s net profit of 61 billion yen (about 662 million dollars) in the third quarter of December 31, while at the same time last year the net loss of 198 billion yen. Analysts had expected the net loss of 17 billion yen on ...
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ArcelorMittal Flat Carbon Europe has reported the operation outcome for the fourth quarter and full year of 2012. The steel giant’s Flat Carbon Europe posted operating loss of 2,212 million Euro for the fourth quarter of 2012, ...
Tags: Flat Carbon, steel giant, steel demand
SONY has reported its eight straight quarter in the red but says it remains on track to achieve its forecast of a full-year profit. But the results, released after reports that Sony will this month announce the late 2013 launch of its ...
Australian dairy-to-bakery group Goodman Fielder has reported a mixed first half, with a jump in net profit but lower adjusted operating profit and sales. Goodman Fielder said today (13 February) that net profit more than doubled to A$51m ...
Tags: dairy, Goodman Fielder, net profit
Mexican glassmaker Vitro said on Monday that it is in talks with its creditors in the United States. The company made the comment to Mexico's stock exchange in a short statement that did not give further details. Vitro has been fighting ...
Tags: Mexican glassmaker, Vitro, creditors
Southeastern Asset Management, Dell's biggest external shareholder, has written a letter to Dell's board of directors to express its "extreme disappointment" at the company's $24.4bn (£15.54bn) buyout deal, claiming that it "grossly ...
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, ...
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Sumitomo Chemical announced its new Corporate Business Plan for the three-year period from fiscal 2013 to fiscal 2015. The year 2015 is the 100th anniversary of the opening of business of Sumitomo Chemical. With the aim of achieving ...
Networking specialist Cisco has reported a $900m (£579m) year on year rise on its second quarter profits – a 44 per cent increase. The firm reported net sales of $12.1bn in its second quarter, which is a rise of five per cent ...
Tags: Networking, Cisco, profits