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
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
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
But passing the half-way mark of this interim profit season, we now have proof that his real error was putting a super-profits tax on the wrong industry. While profits were sliding at Rio Tinto, OZ Minerals and Wesfarmers' coal division, ...
Tags: Stocks, investment, Australia
Weakness among the big miners was offset by gains in finance companies and defensive sectors. Despite the flat trade, Australian stocks have posted their fifth consecutive weekly gain. The benchmark S&P/ASX200 index closed down three ...
Market sentiment was aided by news that China's Citic Resources was taking a big stake in Alumina. The benchmark S&P/ASX 200 closed up 0.7 per cent at 5036.9. This year it is up 8.3 per cent after rising 15 per cent in 2012. Trading value ...
Tags: Citic Resources, Alumina, stock market
The stockmarket pushed past the key 5000 level for the first time in almost three years and stayed there, after strong earnings results and a surge in consumer confidence suggested deep interest-rate cuts were doing the job of bolstering ...
Tags: stockmarket, Australia, net profit
Swiss meat processing company Bell Group has booked an increase in full-year profits, despite what it claims has been a "demanding" market environment. In the 12 months to the end of December, net profit climbed 5.9% to CHF75.8m ...
Tags: meat processing company, Bell Group, full-year profits
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
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. ...
DNO International ASA, the Norwegian oil and gas company, has announced record 2012 net profit of NOK 1.04 billion on operating revenues of NOK 2.84 billion. Fourth quarter 2012 net profit was NOK 810 million on operating revenues of NOK ...
Tags: DNO, Record Profits, operating revenues
LG Display announced the earnings of the fourth quarter in December 31 2012. The report showed that due to the decline in demand for Apple iPad and appreciation of the won, LG Display’s quarter net profit of 319.7 billion won ...
Tags: LG Display, Net Profit, LG
EA released the earnings in third-quarter of fiscal year 2013. The report showed that the net revenue EA in the third-quarter was 922 million dollars, lower than the same period last year of 1.061 billion dollars, a net loss of 45 million ...
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 ...
Tags: Panasonic, Net Profit, operating profit
Weaker investor sentiment sent the Australian dollar to its lowest levels since October in thin trading conditions because of the Lunar New Year celebrations in Asia. The sharemarket was flat, also in thin trading, as investors remained ...
Tags: Australian dollar, October, lowest levels