Cisco CEO John Chambers has reiterated the company’s ambitions to become the biggest company in IT after the firm posted higher revenue and profit in its fiscal second quarter. For the quarter ended on January 26, Cisco posted ...
Tags: Cisco, John Chambers, revenue
Cleveland, Ohio-based Cliffs Natural Resources Inc. reported Tuesday that for the full year 2012, Cliffs recorded a net loss attributable to Cliffs' common shareholders of $899 million, or $6.32 per diluted share, compared with net income ...
Tags: Mineral, Cliffs Natural Resources, Report
US baker Flowers Foods has delayed issuing guidance for 2013 until the outcome of its attempt to buy various assets, including bread operations from Hostess Brands, is clear. The company has been named the "stalking horse" bidder for ...
Pittsburgh, Pennsylvania-based L.B. Foster Company, a manufacturer, fabricator, and distributor of products and services for rail, construction, energy and utility markets, Friday reported its Q4 2012 operating results which included a 5.2 ...
Tags: Pittsburg, Earnings Rise, Rail segment
Hain Celestial has booked an increase in first-half profits, which benefited from higher sales and improved margins. The company revealed yesterday (6 February) that net income for the first six months of the year rose to US$48m from ...
Tags: Hain, profits, organic food
Genworth Financial has reported net income of $166m, or $0.34 per diluted share for the fourth quarter of 2012, compared to $142m, or $0.29 during the same period previous year. Net operating income stood at was $167m, or $0.34 per ...
US-based food company Kellogg has reported that its net income increased by 10.9% to $961m for the full-year 2012, compared to $866m in 2011. For the year ended 29 December 2012, the company posted 7.6% increase in net sales to $14.19bn, ...
Tags: net income, food company, cereals
Kobe Steel has reported the first nine months result ended December 31st of the financial year 2012/13. The company reported a net loss of 22.7 billion yuan compared to a net income of 12.6 billion yuan in the corresponding period of ...
Tags: Kobe Steel, Steel, crude steel
Bermuda-based AXIS Capital has reported net income available to common shareholders of $495m, or $4 per diluted common share for the year 2012, against $9m or $0.07 per share during the same period earlier year. The increase in net income ...
Panasonic has reported its consolidated financial results for the third quarter and nine months ended December 31, 2012, of the current fiscal year ending March 31, 2013. Consolidated fiscal 3Q12 results Consolidated group sales for the ...
Tags: Panasonic, financial results, third quarter
US-based Mead Johnson Nutrition has reported that its net income increased by 48.1% to $132.3m for the fourth quarter ended 31 December 2012, compared to $89.3m for the same period in 2011. The company's net sales increased by 7.65% to ...
Tags: Mead Johnson Nutrition, net income, the fourth quarter
US food company Hillshire Brands has reported that its net income decreased by 86.1% to $65m for the second quarter ended 29 December 2012, compared to $470m for the corresponding period in the last year. The company's net sales increased ...
Tags: Hillshire Brands, net income, second quarter
India-based manufacturer of branded milk and ice cream Hatsun Agro Product plans to establish a milk processing facility in Tirunelveli, Tamil Nadu with an investment of INR500m ($9.39m). The plant is expected to process 2.5 lakh liters ...
Tags: branded milk, ice cream, Hatsun Agro Product
Regional US retailer Harris Teeter has reported higher underlying sales for its fiscal first quarter in a set of mixed financial results. The company saw comparable-store sales increase 2.5% in the quarter ending 1 January. The higher ...
Tags: retailer, Food Stores, operating profit
For its fiscal third-quarter 2013 (ended 29 December 2012), radio-frequency component and compound semiconductor firm RF Micro Devices, of Greensboro, NC, USA has reported significantly improved financial results.Revenue was $271.2m, up ...