Peabody Energy has set a 2013 capital expenditure budget of $450 million to $550 million, roughly half that of 2012, and will further defer "early-stage" projects until coal market conditions improve, the St. Louis-based producer said ...
Eli Lilly and Company has reported a net income of $827.2m, or $0.74 per diluted share, for the fourth quarter ended 31 December 2012 compared to $858.2m, or $0.77 per diluted share, for the fourth quarter ended 31 December 2011. Total ...
Tags: Eli Lilly, net income, share
Actian, formerly Ingres, is to acquire Pervasive Software, a vendor of cloud-based and on-premises software for data management and analysis. The deal is targeted at the growing big data market. Under the terms of a definitive agreement ...
Tags: Actian, Pervasive Software, software, data management
Philips operational results improved by 50% to EUR 875 million, while net income was impacted by significant charges in Q4 • Deal signed to transfer Audio, Video, Multimedia and Accessories business to Funai Electric Co., ...
Tags: Philips, LEDinside, operational results
Fort Wayne, Indiana-based Steel Dynamics, Inc. (SDI) reported late Monday that Q4 2012 net income of $61 million on net sales of $1.7 billion more than doubled earnings of $30 million on sales of $1.9 billion in Q4 2011. Q4 earnings were ...
Tags: steel mill, Earnings, income
Post-it Notes and other office products helped 3M record a 3.9 per cent increase in fourth quarter profits. 3M said profits grew in its consumer and office business, which makes Scotch tape and Post-it notes, as well as in its health care ...
Tags: 3M, office products, Office Supplies
Cree continues its string of positive financial reports with a primary focus on the LED sector, while more-broadly focused Hubbell, Cirrus Logic, and Rambus all reported growth in the SSL sector. LED-manufacturer Cree reports 10% ...
Tags: LED financial, LED sector, LED, lighting
Seagate Technology and Virident Systems today announced a strategic partnership to jointly deliver NAND flash-based storage for data centers. Under the agreement, Seagate will immediately offer a complete line of rebranded, flash-based ...
Tags: Seagate Technology, Virident Systems, flash-based storage
Delta Apparel, Inc. reported revenues for its fiscal 2013 second quarter and first six months ended December 29, 2012. Net sales for the fiscal 2013 second quarter were $106.8 million, a 1.2 % increase over 2012 second quarter sales of ...
Tags: Apparel profits, Apparel, cotton
Yahoo’s revenue climbed 2 percent in the fourth quarter, though its display ad business shrank and profit was down from a year earlier. Yahoo’s revenue for the quarter ended Dec. 31 was US$1.35 billion. Subtracting commissions ...
McCormick, a US-based manufacturer of flavor products and other specialty food products, has reported that its net income decreased by 12.7% to $148.5m for the fourth quarter ended 30 November 2012, compared to $131.7m for the same period ...
Tags: McCormick, flavor products, specialty food products, fourth quarter
Microsoft reported a drop in profit for the second quarter of its fiscal year, though revenue increased, thanks partly to a 24 percent jump in sales from its Windows division. Microsoft's revenue increased 2.7 percent to US$21.46 billion ...
Tags: Microsoft, profit drop, Windows division
Canton, Ohio-based The Timken Company reported Thursday that sales in Q4 2012 of $1.1 billion were down 15 percent from the same period in 2011 due to lower demand in the company's light vehicle, heavy truck, mining and energy-related end ...
Tags: Timken, 2013 Sales, Q4
The Australian sharemarket closed half a percentage point higher as investors chased higher-yielding financial stocks. At the close today, the benchmark S&P/ASX 200 index was 25.0 points, or 0.52 per cent higher at 4835.2, while the ...
Tags: Stocks, sharemarket, financial stocks
AT&T reported a slight increase in revenue and a smaller net loss for the fourth quarter, helped along largely by smartphone and broadband sales The telecom giant on Thursday reported $32.6 billion in revenue for the three months ended ...
Tags: AT&T, net loss, smartphone, broadband sales