Indian outsourcer Infosys saw its profit drop even as revenue grew in the first quarter, as margins were hit by staff salary increases, and investments and acquisitions by the company in new technology areas and markets. The ...
Tags: Infosys, Computer Products
Powered by improved store traffic and a higher average ticket, retailer Pier 1 Imports said fourth-quarter sales rose 15.7%. It was the company's 14th consecutive quarter of sales growth, and included a boost from an e-commerce website ...
Tags: Pier 1, Imports Sales
US-based ConAgra Foods has reported that its net earnings declined by 57.2% to $120m for the third quarter of 2013, compared with $280.1m in the same quarter in 2012 due to costs related to its acquisition of Ralcorp, although the move ...
Tags: Conagra Foods, Net Earnings, Agriculture
Australian stocks closed about half a per cent lower as the big resources companies dragged the market down following falls in China. At the close today, the benchmark S&P/ASX200 index was 28.5 points, or 0.57 per cent, lower at 4,966.5. ...
Tags: Australian Stocks
Crew Clothing Co. is pleased to announce a further positive set of results for the full year to October 2012, with continued strong sales and profit growth. Highlights are as follows: •Top line sales growth of +19% to ...
Tags: Crew Clothing, Clothing, Clothing Industry
Shares in Commonwealth Bank soared above $70 to a new record yesterday as the local stocks hit a 4 1/2-year high after encouraging US non-farm payrolls data suggested the world's biggest economy was recovering. Strength in defensive and ...
Tags: Shares, stocks, sharemarket
Premier Foods faces six key challenges – including: managing consumer demand uncertainties, reducing its borrowing and grappling with its pension deficit – according to City analyst Investec. Commodity concern: Premier ...
The local sharemarket rose to a 4 1/2-year high yesterday as the economic outlook for the US and China brightened and eurozone worries eased, with National Australia Bank spiking higher on reports of a cost-cutting plan. The benchmark ...
Tags: sharemarket, benchmark, shares traded
Intertek Group plc .a leading international provider of quality and safety services, announces its full year results for the year ended 31 December 2012. Strong Growth Delivery Highlights • Revenue growth of 17% to ...
Tags: Intertek Group, full year results, 2012
While Woolworths Limited saw a strong rise in its traditional supermarket revenues in the past six months, its hotel and poker machine interests delivered remarkably strong increases. Woolworths’ ALH Group saw revenues jump more ...
A selection of quotes from this year's Consumer Analyst Group of New York conference. "While this might not be where we want to be longer term, we believe it is a step in the right direction. We are innovating" - Andy Jones, VP of ...
Tags: infant nutrition, peanuts, nut butter
Spanish discount retailer Dia said it ended fiscal 2012 having achieved the targets it set itself at the start of the year after booking an increase in profit boosted by growth in Iberia and Brazil. Earnings in the 12 month period were up ...
Tags: discount retailer, Dia, profit
· Profit after tax before significant items of $322.0 million, up 5.7%; · The translation impact from the higher Australian dollar on profit after tax and before significant items was negative $20 million. On ...
Tags: Amcor
Olam International has booked a jump in first-half sales, which were up by almost one quarter on strong growth from the Singapore group's food business. The company said sales in the six-month period rose 24.3% to S$9.6bn (US$7.72bn), on ...
India's provision of outsourcing services to other countries will grow by 12% to 14% in the fiscal year starting April 1, a trade body predicted Tuesday. Demand for outsourcing services has been slowly picking up, according to analysts. ...
Tags: India, outsourcing service, IT industry