The benchmark S&P/ASX 200 has closed down 2.3 per cent at 4980.1, its biggest fall in nine months. More than $36 billion was wiped from the value of Australian shares in the market's largest one-day decline since May 18, pulling back from ...
Tags: Stocks, benchmark, Australian shares
French retail Groupe Casino has booked a slight drop in net profit for 2012, as a weaker performance from its domestic business was offset by a strong international showing. Full year underlying net profit was down 0.2% to EUR564m ...
Tags: Casino, retail Groupe, net profit
The Toll Group has released its interim results for the six months ended 31 December 2012. With the exception of its Global Forwarding division, the Toll Group has returned a solid half-year result. The company has benefitted from recent ...
Tags: Toll Group, interim results, company news
Strong sales of LEGO City, Star Wars and Ninjago brands - plus a performance by LEGO Friends which exceeded all expectations - helped the firm to 25 per cent revenue growth in 2012. LEGO Group this morning reported revenue of £2,549 ...
Tags: Toys, LEGO City, Net profit
Australian iron ore miner Fortescue Metals Group has announced its financial results for the half year ended on December 31 of the 2012-13 financial year. In the given period, Fortescue's net profit decreased by 40 percent year on year to ...
Tags: net profit, iron ore prices, iron ore miner
Central Europe-based miner New World Resources Plc (NWR) has announced its financial results for the full year 2012. In 2012, New World Resources registered a net loss of €1 million, compared to a net profit of €130 million in ...
Tags: World Resources, miner, Resources
Brazil-based steel producer Gerdau SA has reported its financial results for the fourth quarter and the full year 2012. In the fourth quarter, the net profit of the company was R$142 million ($72 million), down 70 percent compared to the ...
Tags: net profit, Gerdau, steel producer
France-based pipe manufacturer Vallourec has announced its financial results for the fourth quarter and the full year 2012. According to Vallourec's report, in the fourth quarter the company registered a net profit of €70 million, ...
Tags: Vallourec, Net Profit, pipe manufacturer
Banks, property trusts, consumer staples and energy companies pushed the sharemarket to its highest close since September 2008, as investors digested earnings reports while awaiting the overnight release of minutes from the US Federal ...
Tags: Banks, property trusts, consumer staples, energy companies
South African supermarket operator Shoprite Holdings said it has maintained its "robust and established" growth pattern, booking an increase in half-year profits. Earnings for the six month period earnings grew 19.6% to ZAR1.70bn ...
Tags: supermarket operator, Shoprite Holdings, growth pattern
Acquisitions and growth in markets outside the EU have helped dairy giant Arla Foods report higher annual sales and profits. The company said today (20 February) its consolidated net profit jumped by more than a third in 2012 to DKK1.9bn ...
Tags: M&A, Emerging Markets, 2012
Australia’s Fortescue Metals Group, the world’s No.4 iron ore producer ranks behind Rio Tinto, Vale and BHP Billiton, reported 40% profit fall in first-half. Iron ore price fell sharply and costs rose as it ramped up ...
Tags: iron ore producer, iron ore, Iron ore price
French dairy firm Danone has announced plans to cut 900 jobs in Europe over a period of two years, in response to weak sales in the continent. For the full year 2012, the company's sales totalled €20.1bn, up 5.4% compared to the ...
Tags: dairy firm, Danone, jobs
Turkey's largest steelmaking group Eregli Demir ve Celik Fabrikalari TAS (Erdemir) has announced its financial results for the full year 2012. In 2012, the net profit of the company amounted to TRY 424.18 million ($238.85 million), down ...
Tags: steelmaking group, steelmaking, steel
It’s reported that Anglo American, the Australian coking coal supplier announced its financial result for 2012. The company posted a net loss of US$1.49 billion for 2012, slumping from a net profit of US$6.17 billion in 2011. ...
Tags: coking coal, Anglo American, coal