An increase in prices has driven improved annual profits at Fresh Del Monte Produce, the company announced today (19 February). Fresh Del Monte booked underlying net income of US$147.4m for 2012, up from $107.4m a year earlier. The ...
Tags: annual profits, Fresh Del Monte Produce, 2012, Profits
Optical component, module and subsystem maker Oclaro of San Jose, CA, USA has announced financial results for its fiscal second-quarter 2013 (ended 29 December 2012), which includes the first full quarter of operating results from Opnext ...
Tags: Optical component, interleaver product, communication market
Wolverine Worldwide reported financial results for both the fourth quarter and full year ended December 29, 2012.During the fourth quarter, the Company completed the $1.25 billion acquisition of the Performance+Lifestyle Group ("PLG") from ...
Tags: Wolverine Worldwide, Revenue, 2012
Russian mining and steel group Mechel has announced that it has signed a series of agreements for the disposal of its Romanian steel assets - Ductil Steel Mechel, Campia Turzii S.A., Mechel Targoviste S.A., Mechel East Europe Metallurgical ...
Tags: Mechel, Steel, Romanian Assets
Ferrari has claimed top spot in a list of the world’s top 500 brands, finishing ahead of Google and Coca-Cola. While the 2013 BrandFinance Global 500 list saw Apple take out the title of the world’s most valuable brand ahead ...
Australia-based iron ore miner Mount Gibson Iron has announced its financial results for the first six months ended December 31 of the financial year 2012-13. In the given period, the company's net profit declined by 71.4 percent year on ...
Tags: iron ore prices, iron ore, iron ore miner
Australia-based mining and materials company Arrium Limited has issued its financial results for the first half ended December 31 of the financial year 2012-13. In the first half, Arrium posted a net loss of A$445.2 million, compared to a ...
Tags: mining, iron ore, iron ore sales
Sweden-based mining and exploration company Dannemora Mineral has issued its financial results for the fourth quarter and the full year 2012. In the fourth quarter, the company registered a net loss of SEK 104.4 million ($1.65 million), ...
The sharemarket has closed at its highest point since September 2008, led by the major banks. At 4.15pm AEDT, the benchmark S&P/ASX 200 index had risen 29.5 points, or 0.59 per cent, to 5063.4 points, while the broader All Ordinaries ...
Tags: Stocks, sharemarket, Ordinaries index
Swedish-based iron ore producer LKAB has issued its financial results for the fourth quarter and the full year 2012, stating that the company's production and shipments reached record high levels in the fourth quarter, while lower iron ore ...
Tags: iron ore prices, iron ore producer, iron ore
The benchmark S&P/ASX200 index rose 33.2 points, or 0.66 per cent, to 5,036.9 points, and the broader All Ordinaries index was up 32.7 points, or 0.65 per cent, at 5,057.2 points. On the ASX 24, the March share price index futures ...
Tags: Rio Tinto, annual net loss, finance market
Toys R Us' Jerry Storch will step down as CEO after seven years at the helm, but will remain Chairman of the Board. He will also remain CEO while the retailer looks for his successor. Storch, 56, joined the company in February 2006 ...
Tags: Toys R Us, toy, company news
Kraft Foods Group today (15 February) said it expected to file a near-11% fall in revenues for the last three months of 2012, with sales down across the US grocery group's businesses. The Oscar Mayer meats firm, which was formed when ...
Tags: Kraft Foods Group, revenues, 2012
Half-year profits at Coles, Australia's second-largest retailer, increased by more than 15%, owner Wesfarmers has reported. Earnings before interest and tax from Coles for the six months to the end of December were up 15.1% at A$755m. ...
Tags: Coles, profits, second-largest retailer
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 ...