Hewlett-Packard reported a drop in profit for the last quarter as printer and PC sales both declined, but said cost-cutting measures the company announced last year are starting to pay off. HP reported earnings for the first quarter of ...
Tags: Hewlett-Packard, profit, PC sales
Seven years after the release of the PlayStation 3, Sony has disclosed details about its new PlayStation 4 gaming console, which it said will be out by the end of this year. Sony introduced its latest console at an event in New York City ...
Tags: Sony, PlayStation 4, gaming console
Shares in Hewlett-Packard rose six per cent on Wall Street yesterday following better than expected results for the three months to the end of January. While sales dropped by six per cent and profits declined by 16 per cent from the ...
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US-based metallurgical coal producer Walter Energy has announced its financial results for the fourth quarter and the full year 2012, reporting solid operational progress during 2012 in the face of challenging market conditions. In the ...
Tags: Energy, coal producer, met coal
US own-label firm TreeHouse Foods has booked a decline in full-year profits as restructuring and other one-off costs hit earnings. In the 12 months to the end of December, net profit slid 6.3% to US$88.4m, the company reported yesterday ...
Tags: Foods FY, TreeHouse Foods, grocery industry
Canadian retail giant Loblaw has booked a drop in full-year profit as restructuring charges hit earnings. In the 12 months ended 29 December, net profit slid 15.5% to C$650m (US$857.8m), the company reported today (21 February). Operating ...
Tags: retail giant, FY profit, net profit
The CHEMARK Consulting Group, Inc. of Southern Pines, NC has expanded its mergers and acquisitions practice with the formation of the CHEMARK Mergers and Acquisitions Group and the appointment of Patrick Jones as vice president, CHEMARK ...
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Biological detection and diagnostics solutions developer PositiveID has signed a collaboration with Smart Glucose Meter (SGMC). Under the agreement, PositiveID will license its iglucose wireless diabetes management technology to Smart ...
Tags: Glucose Meter, Biological detection, diagnostics solutions
Winning Sainsbury’s liquid milk contract has put Dairy Crest on track to reach its dairies division target of 3% operating profit margin, according to City analyst Panmure Gordon. Dairy Crest is on track to deliver 2.8% operating ...
Tags: liquid milk contract, Dairy Crest, dairies
Clariant announced full-year sales 2012 from continuing operations of CHF 6.038 billion compared to CHF 5.571 billion in the previous-year period. This corresponds to an increase of 8% in local currencies and in Swiss francs. The 8% ...
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But passing the half-way mark of this interim profit season, we now have proof that his real error was putting a super-profits tax on the wrong industry. While profits were sliding at Rio Tinto, OZ Minerals and Wesfarmers' coal division, ...
Tags: Stocks, investment, Australia
Kraft Foods Group today (15 February) said it expected to file a near-11% fall in revenues for the last three months of 2012, with sales down across the US grocery group's businesses. The Oscar Mayer meats firm, which was formed when ...
Tags: Kraft Foods Group, revenues, 2012
Swiss meat processing company Bell Group has booked an increase in full-year profits, despite what it claims has been a "demanding" market environment. In the 12 months to the end of December, net profit climbed 5.9% to CHF75.8m ...
Tags: meat processing company, Bell Group, full-year profits
Campbell Soup Co has signed a deal with Grupo Jumex and Conservas La Costeña that will expand its manufacturing and distribution capabilities in Mexico but result in the loss of 260 jobs. The deal, announced today (15 February), ...
Tags: Campbell Soup, Mexico, jobs
European confectioner Cloetta saw its losses widen in 2012 thanks to the merger that formed the company last year but it reported improved profits in the fourth quarter. In the 12 months to the end of December, the company made a net loss ...