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
The Venezuelan government announced the devaluation of its currency, the bolivar fuerte (VEF), on 8 February. The official exchange rate was changed from VEF 4.3 per US dollar to VEF 6.3 per US dollar. Smurfit Kappa said that as a result ...
Tags: Venezuelan government, VEF, Smurfit Kappa
Costs linked to the spin off of US cereal firm Post Holdings have hit its quarterly profits but the Grape Nuts maker saw sales increase 8%. Post reported net earnings of US$7.6m for the three months to 31 December, the first quarter of ...
Tags: cereal firm, Nuts maker, Honey Bunches
Aditya Birla Nuvo reports results for quarter ended 31st December 2012 -Revenue grew by 10 per cent to Rs.6, 305 crore -EBITDA rose by 29 per cent to Rs.1, 090 crore -Net profit surged by 28 per cent to Rs.323 crore For the ...
Tags: Fashion Retail, Sales, Aditya Nuvo
Huntsman Corporation released its quarter four and full year 2012 results. Full Year 2012 Highlights -Net income attributable to Huntsman Corporation increased to $363 million compared to $247 million in the prior year period. ...
In the fourth quarter of 2012, consolidated revenue came in at €2.6 billion, up 17.5% on the same year-ago period as reported and 11.7% on a comparable Group structure and exchange rate basis. For the year as a whole, the main ...
Welspun India Ltd., part of the $ 3.5 billion Welspun Group announced Q3 and 9M FY13 results, showing strong growth in comparison to corresponding period last year. Financial Highlights – Q3 FY13 -Sales grew by 9% largely due to ...
Tags: Welspun India, Welspun Group, Q3
Clariant, a world leader in specialty chemicals, announced full-year sales 2012 from continuing operations of CHF 6.038 billion compared to CHF 5.571 billion in the previous-year period. This corresponds to an increase of 8% in local ...
After falling 10% last quarter, for fiscal third-quarter 2013 (to 28 December 2012) Advanced Photonix Inc of Ann Arbor, MI, USA (which designs and makes APD, PIN, and FILTRODE photodetectors, HSOR high-speed optical receivers, and T-Ray ...
Tags: Advanced Photonix, Lighting, company news
UK-based Premier Foods has completed the sale of its sweet pickles and table sauces business to Japanese food firm Mizkan for pound 92.5m in cash. The companies had entered into an agreement over the deal on 30 October 2012. This move is ...
Tags: Premier Foods, sale, sweet pickles, table sauces
AU Optronics (AUO) has announced that its consolidated revenues in the fourth quarter of 2012 were NT$99.4 billion (US$3.42 billion), down 3.3% from the previous quarter. Gross profit was US$97 million, with a gross margin of 2.8% while ...
Till Becker was appointed executive director at Hess AG last month Hess AG and its subsidiary Hess Lichttechnik GmbH have started insolvency proceedings. Till Becker, sole member of the management board of Hess AG, filed the application ...
Tags: Hess AG, Hess Lichttechnik GmbH, insolvency proceedings
UK-based mining giant Anglo American has issued its financial results for the full year 2012, reporting a net loss amounting to $1.5 billion, compared to a net profit of $6.17 billion in the previous year. Revenues for the period decreased ...
Tags: Anglo American, mining giant, Metallurgy
Pittsburgh, Pennsylvania-based TMS International Corp., the parent company of Tube City IMS and a global industrial service provider to steel mills, announced Thursday its earnings for its Q4 and fiscal year ended December 31, 2012. ...
Tags: TMS International, Mineral, raw materials
Finland-based stainless steel producer Outokumpu has announced its financial results for 2012, reporting a net loss of €535 million compared to a net loss of €180 million in 2011 due to the ongoing challenging market environment. ...
Tags: Outokumpu, company news, Mineral