Brazilian meat giant Marfrig has returned to profit in the third quarter of the year. In the three-month period, net income amounted to BRL$10.4m (US$5.1bn), reversing a net loss of BRL$540m recorded a year ago. Marfrig put the ...
Tags: meat giant, Marfrig, company profit, Seara Foods, added products
The transaction is expected to close in the first half of 2013 Dutch chipmaker ASML has agreed to acquire the US based Cymer for €1.95bn to accelerate the development of extreme ultraviolet (EUV) semiconductor lithography technology. ...
Tags: ASML, extreme ultraviolet, semiconductor lithography, smartphones, tablets
Earning NT$5.14 per share in after-tax net income in the Jan.-Nov.period of 2012,Taiwan Mobile Corp.led its Taiwanese peers in the telecom-service industry. In the meantime,Chunghwa Telecom Co.,Ltd.netted NT$4.95 per share while Far ...
Tags: Taiwan Mobile Corp, telecom service industry, Chunghwa
The company shipped 141 million chips in the quarter Chipmaker Qualcomm has reported 18% rise in its revenues to $4.87bn for the fiscal fourth quarter of 2012, compared to $4.11bn it recorded during the corresponding period last year. ...
Tags: chips, Chipmaker Qualcomm, net income, operating income
Shares in US retail giant Wal-Mart slid almost 3% in pre-open trading this morning (16 August), despite a 5.7% increase in second-quarter net income and an improved full-year outlook. The company said today that net income in the three ...
US baker Flowers Foods has changed its forecast for annual earnings, pointing to "heightened" competition and "challenging" trading conditions. Flowers expects adjusted earnings per share to increase by 3.5% to 8% in 2012, including the ...
The transaction value for Cypress' latest offer is estimated at $109.3m Cypress Semiconductor has increased its all-cash offer to acquire Ramtron International to $2.88 per share from $2.68 per share, which is about $109.3m. The company ...
The company has extended the deadline from 3 August 2102 to 17 August 2012. Cypress Semiconductor has extended its tender offer to acquire Ramtron International for $2.68 per share in cash. The company has extended the deadline ...
Tags: Cypress, acquisition, expansion, semiconductor
US discount retailer Dollar General has booked higher half-year profits after it increased sales. Dollar General reported net income of US$427.6m for the six months to 3 August, up from $303m a year earlier. Operating income was $771.5m, ...
Tags: Profits, Sales increase, candy, snacks sales
London-listed Ukrainian dairy firm Ukrproduct has forecast "improved" half-year profits. Ukrproduct said lower prices for raw milk, higher sales of cheese and the decision to start selling traditional fermented beverage kvass helped the ...
Tags: Profit Improvement, raw milk, cheese revenues, margin outlook
Smithfield Foods today (6 December) reported a slump in second-quarter profits but the US pork group's shares rose as underlying earnings beat forecasts. The company booked a 91% drop in net income for the three months to 28 October after ...
Tags: Debt, charges, Debt Charge
Chinese meat processor Zhongpin has blamed higher costs and increased competition for a fall in quarterly profits. Zhongpin said its net income fell 40% to US$11m in the third quarter of the year. Sales increased 4% to $415.7m but ...
Tags: Meat Firm, Costs, Competition
US dairy group Dean Foods has reported a jump in half-year profits as a focus on costs offset flat sales. Dean Foods yesterday (7 August) reported net income of US$94.5m for the six months to the end of June. A year earlier, it had booked ...
Tags: Cost control, Dean Foods Profits, Dean Foods
B&G Foods has reported higher first-half profits as last year's acquisition of a clutch of brands from Unilever continued to benefit the US food group. The company yesterday (19 July) booked a 26.6% increase in net income to US$32.8m for ...
Tags: B&G Foods, Unilever Brands, US food
Russia meat producer Cherkizovo has booked an increase in nine-months earnings but warned of a "risk of pressure on pork prices" going into the fourth quarter. In the nine months to the end of September, net income grew 51% to US$158.7m, ...
Tags: pork prices, meat producer, meat processing