US regional retailer Spartan Stores today (1 August) reported pressure on first-quarter profits, citing "challenging" trading conditions. Spartan posted net earnings of US$6m for the 12 weeks to 23 June, matching the result in last year's ...
Dutch retailer Ahold has booked an increase in first-half profits but its shares fell amid pressure on margins and the company's caution over future trading. Earnings in the six months to the end of June climbed 8.2% to EUR530m ...
Tags: Ahold, shares, margins, amid pressure
UK retailer Asda has booked an increase in second-quarter sales but sales slowed in the most recent three months of its financial year. In the three months to the end of June, excluding fuel, net sales grew 3.2%. Comparable sales, ...
Tags: Asda, sales, financial year, Q2
The Gymboree Corporation reported consolidated financial results for the third fiscal quarter ended October 27,2012. For the third quarter of the fiscal year ending February 2,2013("fiscal 2012"),net sales were$311.5 million,an increase ...
Tags: financial results, net sales, acquisition
KapStone Paper and Packaging has reported a 42.6% increase in consolidated revenue of $306.3m in the second quarter of 2012, an increase from $214.8m in the same period of 2011. The increase is primarily due to the acquisition of USC, ...
Tags: paper, packaging, acquisition, prices
Argo Group International Holdings has posted net income of $24m, or $0.92 per diluted share, up 10% from a net income of $21.6m, or $0.78 per diluted share during the same period last fiscal. Argo Group CEO Mark E Watson III said, "Each ...
Tags: Argo Group International Holdings, net income, underwriting profit
Assurant has reported that its net operating income for the second quarter of 2012 recorded a steep rise of 111% to $157.4m or $1.81 per diluted share compared to a net operating income of $74.6m, or $0.76 per diluted share during the same ...
Tags: insurance products, Assurant, operating income, net income
Willis Group Holdings has reported a net income of $108m, or $0.61 diluted earnings per share, for the second quarter of 2012, compared to $85m, or $0.48 diluted earnings per share, for the same period in 2011. The total revenues for the ...
Tags: Willis Group Holdings, net income, operating income, investment income
Tower Group has reported net loss of $15.1m, or $0.39 per diluted share attributable to common shareholders in the second quarter of 2012, against a net income of $24.12m, or $0.58 per share during the same period last year. Operating ...
Tags: Tower Group, common shareholders, net income, diluted share
Allstate has reported that its net income rose by 46.2% to $766m for the first quarter of 2012, or $1.53 per diluted share compared to a net income of $524m, or $0.98 per diluted share in the same period in 2011. Allstate chairman, ...
Tags: Allstate, net income, auto insurance, partnership income, operating income
American International Group (AIG) has reported 27% rise in net income attributable to AIG, which was $2.3bn for the second quarter of 2012, compared to $1.8bn during the same period last fiscal. For the latest quarter period, the ...
Tags: American International Group, net income, operating income
American International Group (AIG) has reported a net income of $3.2bn, or $1.71 diluted earnings per share, for the first quarter of 2012, compared to $485m, or $0.31 diluted earnings per share, for the same period in 2011. AIG's ...
Tags: American International Group, net income, property insurance
Larsen & Toubro (L&T) may enter into a strategic alliance with Zurich-headquartered Swiss Re to set up a health insurance joint venture (JV) in India. Sources familiar with the matter told Moneycontrol.com: "Swiss Re will pick up 26% ...
Tags: L&T, health insurance, Swiss Re
Protective Life Corporation (PLC) has registered 13% downfall in net income available to PLC's common shareowners to $76.2 m, or $0.91 per average diluted share for the second quarter of 2012, against $87.6m, or $1.00, during the same ...
Tags: Protective Life Corporation, net income, operating income, insurance
Kemper Corporation has reported that its net income for the first quarter of current fiscal declined by 17.6% to $43.6m, or $0.73 per share, compared to a net income of $51.5m, or $0.85 per share during the same quarter a year ago. ...