The Scottish government has launched a five-year plan to strengthen its GBP 1bn food and drink export trade with China. The Scottish government plans to boost the country's GBP 1bn exports to China The project aims to boost trade ...
Tags: export trade, China, food and drink, Scottish export to China
US retailer Kroger has increased its full-year profit forecast after reporting a rise in third-quarter earnings. In the three-month period ended 3 November, earnings climbed to US$316.5m from $195.9m a year earlier, which included a ...
Tags: Kroger, profit, earnings rise, profit forecast
Kumba Iron Ore(Kumba)announces with regret that talks with a group of illegal strikers occupying the Company's Sishen Mine,to get them to leave the mine,have not been successful. As a result,they will now be notified to attend ...
UK sugar-to-dessert group Real Good Food Company has booked a 62% increase in EBITDA on strong sales gains. EBITDA for the 15 months to 31 March rose to GBP9.1m (US$14.3m) on sales that increased from GBP249m to GBP305.5m. Key trading ...
Tags: Real Good Food, sales gains, increase, company news
Rosneftegaz transferred RUB 50.2 billion to the federal budget in the form of the 9 month dividends. Thus, all corporate decisions were observed in line with the governmental decree on the target funding of the energy objects building by ...
PepsiCo booked a 5% drop in third-quarter earnings today (17 October) as it increased its spending behind flagship brands. The company said earnings totalled US$1.9bn, or $1.21 per share, in the three months to 8 September, down from ...
Tags: PepsiCo, earnings, operating profit
Australian retail distributor Metcash has booked a drop in full-year profit. For the 12 months to the end of April, earnings dropped to A$90m (US$90.4m) from A$241.4m in the prior-year. Metcash blamed the decline on restructuring costs ...
Tags: Metcash, full year profit drop, food retail, food industry
Whole Foods Market raised its full-year sales and profit forecast after booking a 32% increase in third-quarter earnings. The US natural and organic retailer said net income rose to US$116.85m from $88.47m last year in the 12 weeks to 1 ...
Tags: whole foods market, US food market, earnings, food industry
Expects revenue of $14.3bn, plus or minus $500m for Q3 2012 Intel has reported 3.6% increase in second quarter revenue in 2012 to $13.5bn from $13.03bn it reported during the corresponding period in 2011. Intel's operating income was ...
Tags: Intel, operating income, multiple product introductions, smartphones
The company expects revenue of about $13.6bn, plus or minus $500m for Q4 2012 Intel has reported a revenue of $13.5bn for the third quarter of 2012, compared to $14.23bn it reported during the corresponding quarter in 2011. The ...
Tags: Intel, net income, operating income, Ultrabooks, phones
Firm is also planning on cutting down production at its facilities Texas Instruments has reported 2% decline in its revenue during the third quarter of 2012 (3Q12) to $3.39bn, due to falling chip demand, when compared to $3.46bn ...
Tags: Texas Instruments, net income, operating profit, low chip demand
US baker Flowers Foods has reported a slight lift in third-quarter earnings, which were boosted by "solid" sales gains. In a regulatory filing yesterday (8 November) the company said net income rose to US$31.2m in the three months to 6 ...
Tags: baker Flowers, Flowers Foods, Flowers, Foods
Jo-Ann Fabric and Craft Stores,the leading fabric and craft specialty retailer in America,is proud to announce a Team Member development initiative designed to prepare women to ascend the company's leadership ranks. "Jo-Ann is committed ...
Tags: Jo-Ann, Fabric, Craft, Team Member development initiative
Shares in Colruyt rose by more than 11% today (27 June) after the Belgium-based retailer reported an increase in annual profits. The company, which booked lower profits for the first six months of its financial year, said its net profit ...
Tags: Fy Profit, Shares Jump, price pledges
Colruyt's moves to tap into consumers' desire for value has boosted the Belgian retailer's quarterly sales. The company reported a 5.5% increase in first-quarter sales to EUR2.05bn (US$2.5bn). On a comparable basis, sales climbed 5.8%. ...