BP announced its financial results for the fourth quarter and full year of 2012. Underlying replacement cost profit, adjusted for non-operating items and fair value accounting effects, was $4.0 billion for the fourth quarter, compared to ...
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Russia meat producer Cherkizovo has booked an increase in full-year sales volumes in two of its divisions. In the 12 months to the end of December, sales volumes in its poultry unit climbed 23% to around 319,210 tonnes of slaughter ...
For its fiscal second-quarter 2013 (to end-December 2012), LED lighting giant Cree Inc of Durham, NC, USA has reported revenue of $346.3m, up 14% on the same quarter of 2012 ($304.1m) and up 10% on Q1/2013’s $315.8m. On a non-GAAP ...
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Avery Dennison Corporation announced preliminary, unaudited fourth quarter and full-year 2012 results. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise indicated, ...
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Taiwan-based green energy firm Delta Electronics noted that sales growth in 2013 will come from passive components, industrial automation processes and cloud computing services. The firm optimistically predicts annual sales growth to exceed ...
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In the first half of 2012, China's economic growth continues the momentum of 2011's decline and the growth rate of investment in fixed assets continued to drop, thus Chinese construction machinery industry faced a grim situation. The ...
Tags: China, construction machinery, China economy, machinery industry
Due to falling LED chip prices, market observers believe Taiwan-based LED chipmaker Epistar will need to rely on AlGaInP LED sales to increase the firm's profit margin while it is unlikely for Formosa Epitaxy to return to profitability ...
Tags: LED chip, LED capacity, LED prices
Saudi food company Almarai has reported a 29.2% increase in net profit to SAR369m ($98.2m) for the fourth quarter ended 31 December 2012, compared to SAR285.5m ($76m) for the same period in the earlier year. The gross profit for the ...
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Tata Consultancy Services had strong revenue and profit growth in the fourth quarter, indicating that the offshoring market is recovering. The business momentum is expected to continue in 2013, as customers invest in more efficient ...
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Revenue at Infosys grew in the fourth quarter, but profit fell as a result of a wage rise and investments in newer businesses. Revenue for the quarter was $1.9 billion, up 5.8% from the same quarter last year, helped by the company's ...
Tags: Infosys, revenue, acquisition, Lodestone Holding
TA Associates, a leading global growth private equity firm, announced it has completed a majority investment in Dutch, LLC, the parent company for leading fashion brands JOIE, Equipment and Current/Elliott. Terms of the investment were not ...
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Saudi cement producers Yamama and Yanbu have reported solid profit growth, though Yamama s profits slipped somewhat in 2012 s final quarter, Saudi Gazette has reported. Yanbu Cement posted a net profit of SR720m ($192m) for 2012, up by ...
The Entertainer has enjoyed another record Christmas, recording a like-for-like sales increase of 9.5 per cent in the five weeks to December 29th. The specialist toy chain told Retail Week that it maintained margins as total sales boomed ...
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From January to November, the industrial profits of enterprises above designated size achieved 4,662.5 billion yuan, a year-on-year increase of 3.0 percent. In November, the industrial profits of enterprises above designated size achieved ...
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For its most recent financial quarter, IBM experienced a drop-off in revenue, though it was able to maintain profit growth. For the second quarter, IBM generated US$25.8 billion in revenue, down 3 percent from the second quarter of 2011. ...
Tags: IBM Services, financial quarter, revenue, hardware revenue, Q2, profit