Zurich Insurance Group has reported a business operating profit (BOP) of $4.1bn for the full year 2012, down by 4% from $4.24bn during the same period last fiscal. Net income after tax attributable to shareholders (NIAS) stood at $3.9bn, ...
Tags: Zurich Insurance Group, BOP, 2012
An update to a survey conducted in spring of 2012 by McGladrey, a leading provider of assurance, tax and consulting services, indicates respondents’ optimism in their companies and the economy has fallen sharply. In an effort to ...
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 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
US frozen-food firm Overhill Farms has seen its first-quarter profits slide after a shift in product mix, less favourable commodity prices and increased costs weighed on margins. Alongside the results, Overhill revealed it was in talks ...
Tags: frozen-food firm, Overhill Farms, profits
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
LinkedIn’s successful streak continues. The company's net income significantly increased year-over-year with $11.5m in Q4 2012 compared to $6.9m in Q4 2011. "2012 was a transformative year for LinkedIn," said the company. "We ...
Tags: LinkedIn, Q4 Revenues, company news
Analog semiconductor maker Skyworks Solutions Inc of Woburn, MA, USA, has reported improved results for fiscal first-quarter 2013 (ending 28 December 2012). Revenue was $453.7m, up nearly 8% on last quarter’s $421.1m and 15% on ...
Sales and profits increased in 2012 at flavours groups Givaudan and Sensient Technologies, although rival IFF saw earnings fall. Givaudan's net income jumped from CHF252m (US$274.5m) in 2011 to CHF411 in 2012 amid higher sales. Revenue ...
Tags: Sales, profits, Flavors, Fragrances
US natural and organic food group Annie's has booked a drop in net profit in its third quarter. Earnings in the three months to the end of December dropped to US$1.4m compared to $2.2m last year. Annie's blamed the decline on charges from ...
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
US personal lines insurer Allstate has registered 44.7% decrease in net income for the fourth quarter of 2012, which stood at $394m, or $0.81 per diluted share, against $712m, or $1.4, during the same period last fiscal. For the quarter ...
Tags: personal lines insurer, Allstate, net income
US snack manufacturer Snyder's-Lance has set 2013 forecasts below Wall Street consensus, hitting the company's shares. Shares in Snyder's-Lance closed down 3.26% at $25.25 yesterday (12 February) after an earnings forecast that lower than ...
Tags: snack manufacturer, share, profits
Profits at Stater Bros have been hit by pressure on margins, as the California-based retailer invested in pricing during the first quarter. Stater Bros revealed yesterday (12 February) that first-quarter net income fell to US$5.4m, ...
Tags: retailer, Stater Bros, Margin Pressure