Mechel OAO, a leading Russian mining and steel group announced financial results for the 9 months 2012. The net revenue in Q3 2012 decreased by 12.0% and amounted to USD 2.7 billion compared to USD 3.1 billion in Q2 2012. The ...
Tags: Mechel OAO, mining, steel, financial results, company news
Gazprom and Media Holding calls special meeting December 25th 2012 to consider BOD members rewards. The Company (TIN 7728668727) provides accumulation and development of media assets. It includes several TV companies, radio stations, ...
Tags: Gazprom, Media Holding, BOD members rewards, natural gas
PTI reported that blue chip Central Public Sector Enterprises like Coal India, Indian Oil Corporation, ONGC and SAIL have not fully utilized their funds allocated for undertaking corporate social responsibility projects in 2011-12. Mr ...
GF Automotive, a Corporate Group of Georg Fischer will further enlarge its existing plants in China and focus in Europe on its iron and aluminum die casting foundries. The aluminum sand casting business with two foundries in Friedrichshafen ...
Tags: iron ore price news, aluminum casting, casting mold, sand casting
The Board of Forge Group Limited wishes to advise that the Company anticipates net profit before tax for the financial year ending 30th June 2013 to be in the range of USD 90 million to USD 100 million. This represents an improvement on the ...
Tags: earnings calendar, financial, company earnings, usd exchange rate
RIA Novosti reported that Russian billionaire Roman Abramovich is buying a stake in mining and metals giant Norilsk Nickel to end a long-standing shareholder dispute over the company's corporate management. This follows an agreement ...
Tags: nickel, stock market news, buy stainless steel, mining
Strong revenues from Jeronimo Martins' Polish discount retail chain Biedronka helped boost group sales in the first nine months of the year. The Portuguese retailer recorded an 8.7% increase in sales to EUR7.95bn (US$10.3bn) in the period ...
Tags: revenues, Jeronimo Martins, retail chain, Biedronka, increase
PepsiCo has booked a drop in first-quarter profits as restructuring costs weighed on earnings. Net profit in the three months to the end of March slid 1% to $1.13bn in the period, PepsiCo reported today (26 April). Reported EPS in the ...
Tags: PepsiCo, drop, first-quarter profits, restructuring costs, earnings
US chicken manufacturer Pilgrim's Pride returned to profit in the first half of its financial year but has warned of "challenges" ahead. In the six months ended 26 June, the company made a net profit of US$108.5m compared to a net loss ...
Tags: Pilgrim's Pride, net profit, net loss, operating profit
US snack and cola maker PepsiCo has booked a 21% decline in second-quarter net profit. In an earnings update today (25 July), the company said net profit totalled US$1.49bn in the 12 weeks to 16 June, down from $1.89bn in the previous ...
Tags: PepsiCo, Q2, second-quarter net profit, decline, earnings, net profit
German sugar refiner and food ingredients firm Suedzucker has reported an increase in quarterly profits thanks to its sugar business. The company, one of Europe's largest sugar refiners, said its sugar unit helped drive a 43% increase in ...
Tags: Suedzucker, increase, quarterly profits, sugar business
Smart Balance has said that first-half results were in-line with its expectations, despite reporting a 39% drop in net profit. For the six months to the end of June, Smart Balance saw net profit slide to US$4.2m. The US health food firm ...
Tags: Smart Balance, first-half results, expectations, net profit, drop
LVMH Moët Hennessy Louis Vuitton, the world's leading luxury products group, recorded revenue of €13 billion in the first half 2012, an increase of 26%. Organic revenue growth was 12%. "All business groups contributed to this ...
Economic Times reported that the Centre has turned down Chhattisgarh's request to nominate three elected representatives from the Bastar region on the board of iron ore miner NMDC and spend 10% of its net profit on the local area ...
Tags: Chhattisgarh, iron ore miner NMDC, mineral, mineral industry
Canada-based natural and organic food group SunOpta has booked "record" earnings in the third quarter of the year. In the three months ended 29 September, net profit soared 72% to C$5.8m (US$5.86m). The group said the earnings are "a ...
Tags: Sunopta, Q3, net profit, earnings, pre-tax severance