Cal-Maine Foods has booked a 39% drop in second-quarter earnings, as revenue growth failed to offset higher costs. The company said earnings dipped to US$14.3m in the quarter to 1 December, down from $23.3m in the comparable period of ...
Tags: Cal Maine Foods, eartnings, company news, food industry
Apple raised CEO Tim Cook's salary by 55% for 2012 and awarded him a $2.8 million bonus, but said the chief executive's pay was still "significantly below the median" of comparable firms. "Mr. Cook remains significantly below the median ...
US discount retailer Family Dollar Stores has recorded first-quarter earnings that came in at the lower end of its guidance due to gross margin pressure and expense headwinds. In the three months ended 24 November, earnings amounted to ...
Tags: Family Dollar Stores, earnings, gross margin pressure, company news
Worthington Industries,Inc reported net sales of USD 622.6 million and net earnings of USD 31.8 million,or USD 0.45 per share,for its fiscal 2013 second quarter ended November 30,2012.In the second quarter of the prior year,the Company ...
Tags: Worthington, Westerman, McConnell
Calavo Growers, a US-based processed avocado products manufacturer and distributor, has reported that its net income for the fourth quarter ended 31 October 2012 increased by 69% to $6.1m, compared to $3.6m for the same period in 2011. ...
Tags: Calavo Growers, avocado products, net income, Agriculture
Family Dollar Stores, Inc. reported that for the first quarter of fiscal 2013 ended November 24, 2012, net sales increased to $2.42 billion and net income per diluted share for the quarter increased to $0.69. “The investments we ...
Cal-Maine Foods, a US-based egg producer, has reported that its net sales increased by 13.26% to $328.8m for the second quarter of 2013, compared to $290.3m for the same period in the previous year. For the period ended 1 December 2012, ...
Tags: Cal-Maine Foods, net sales, egg, food industry
DJO, a wholly-owned subsidiary of DJO Finance (DJOFL), has acquired Exos, a US-based medical device company, for an undisclosed sum. Exos' commercial products include a thermoformable bracing system, which is comprised of a waterproof, ...
Tags: DJO, DJOFL, Exos, medical device company
The Engineered Products Group (EPG) of Houston-based Quanex has reported its net sales for the fourth quarter of fiscal-year 2012 as $136.4 million, compared with $129.6 million a year ago—a 5.2-percent increase. The company ...
Tags: Engineered Products Group, net sales, glass, company news
QLT has signed an exclusive option agreement with Mati Therapeutics, granting it a 90-day option to acquire assets related to QLT's punctal plug drug delivery system (PPDS) technology for $500,000. The agreement will allow the company ...
Tags: QLT, Mati Therapeutics, PPDS technology, agreement
PTI reported that Bhushan Steel Limited said that it will seek shareholders nod to raise up to USD 1 billion through issue of fresh securities. The company said in a filing to the BSE “The directors of the company passed resolutions ...
Tags: USD, circulation, resolution
Nokia continues to struggle as its third-quarter smartphone unit sales dropped by 63 percent compared to last year, while some warn that expectations for the arrival of its first phones based on Windows Phone 8 should not be too high. The ...
Tags: Nokia, smartphone, first phones, Windows Phone 8
PTI reported that Binani Industries has given in principle approval to divest its holding in subsidiary firm Binani Cement by up to 40%. The company said that"The Board of Directors of the company at its meeting held on December 24th ...
Tags: Binani Cement, PTI, divest stake, India
The ROAMview system provides property owners and small municipalities the ability to efficiently manage outdoor lighting using a wireless monitoring and control system. ATLANTA–Acuity Brands,Inc.(NYSE:AYI;"Company"),a market leader ...
Amazon has reported second quarter income of just $7m, down 96% compared with the same period the year before. The company blamed the fall on an estimated $65m loss from its acquisition and integration of robot-maker Kiva systems in a ...
Tags: Amazon, Kiva Systems, Income, automate warehouses