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A2 Milk Jump in Profit Forecast
Jun 21, 2016The A2 Milk Company has revised its expected profits for the 12 months ended 30 June 2016. It now expects its revenue to be between NZ $350 million – $360 million. It also expects its earnings before interest, taxes, depreciation ...
Tags: A2 Milk, infant formula
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Toray Industries' Group Operating Profit Apparently Grew 13% on The Year
Oct 13, 2014Toray Industries’ group operating profit apparently grew 13% on the year to around 50 billion yen ($462 million) for the April-September half as carbon fiber sales made up for lower-than-expected sales in other segments. The figure ...
Tags: carbon fiber
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Nippon Paper Industries Will Likely Report a 25% Year-on-Year Increase
Sep 24, 2014Nippon Paper Industries will likely report a 25% year-on-year increase in operating profit to around 13 billion yen ($118 million) for the six months ending Tuesday, falling short of a prior projection of 16 billion yen amid soft corporate ...
Tags: Paper, printing paper, Office Supplies
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Electrolytica Polarized Capacitor Exhibiting a Very High Capacitance
Aug 18, 2014The world’s third-largest aluminum electrolyticA polarized capacitor exhibiting a very high capacitanceThat property of a system of conductors and dielectrics which permits the storage of electricity when potential difference exists ...
Tags: Nichicon, Electrical, Electronics
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Macy's Announced Record Holiday Sales While Simultaneously Cutting 2,500 Jobs
Jan 10, 2014Macy's announced late Wednesday record holiday sales while simultaneously cutting 2,500 jobs and detailing plans to close five stores. As reported in Retailing Today, the nation's leading department store retailer late Wednesday issued ...
Tags: Macy, holiday sales, organizational changes, Terry Lundgren
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Nippon Steel Has Raised Its Financial Year 2014's Profit Forecast by 13%
Nov 1, 2013The world's second-largest steelmaker, Nippon Steel & Sumitomo Metal Corp, has raised its financial year 2014's profit forecast from ¥300 billion to ¥340 billion, up 13%. The company contributes the profit forecast rise to cost cut ...
Tags: Steel, Construction
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Sony Has Slashed Its Profit Forecast for 2013 by 40 Per Cent
Nov 1, 2013Sony has slashed its profit forecast for 2013 by 40 per cent, meaning the technology giant now expects to make only £190m. The company had originally estimated it would make a profit of 50bn yen (£372.4m), but after its Q3 ...
Tags: Computer Products, software, Sony
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Sharemarket Opened Week with a Solid Gain on Signs of Recovery in The US Economy
May 21, 2013The sharemarket opened the week with a solid gain yesterday on signs of recovery in the US economy ahead of Federal Reserve chairman Ben Bernanke's monetary policy testimony on Wednesday (US time) before the joint economic committee of ...
Tags: Sharemarket, Solid Gain
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Investors Took Cues From Positive Finish on Wall Street
May 20, 2013The sharemarket closed stronger, up 1 per cent during the day but eased to about 0.5 per cent higher by the finish. At the close, the benchmark S&P/ASX200 index was up 28.2 points, or 0.54 per cent, at 5209 points. The broader All ...
Tags: Wall Street, Sharemarket
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Sharemarket Has Closed 0.7 Per Cent Lower
May 3, 2013The sharemarket has closed 0.7 per cent lower, with concerns about global economic growth pulling down resources stocks. The benchmark S&P/ASX200 index was down 36.2 points, or 0.7 per cent, at 5130.0 points. The broader All Ordinaries ...
Tags: Resources Stocks, economy
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Shares Were Punished as Investors Worried About Resources Stocks Being Hit
May 3, 2013Shares were punished yesterday as investors worried about resources stocks being hit by global economic concerns, and the dollar was also sharply lower on the increased likelihood of an imminent cut in the official cash rate. The ...
Tags: Aussie Dollar, economy
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Premier Foods Gavin Darby Says The Firm Has Too Many Suppliers
Apr 25, 2013The boss of Britain's biggest food manufacturer Premier Foods Gavin Darby says the firm has too many suppliers. Premier Foods' Power Brands recorded their fifth successive quarter of sales growth. But doubts remain about the firm's debt ...
Tags: Agriculture, Food
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CSR Is Cutting 150 Jobs From Its Glass Business in Sydney
Mar 14, 2013Building products company CSR is cutting 150 jobs from its glass business in response to the high Australian dollar and low construction activity. According to an AAP report, CSR will close its glass manufacturing facility at Ingleburn, ...
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BUILDING Products Company CSR Is Cutting 150 Jobs From Its Glass Business
Mar 12, 2013BUILDING products company CSR is cutting 150 jobs from its glass business in response to the high Australian dollar and low construction activity. CSR will close its glass manufacturing facility at Ingleburn, in Sydney's south west, in ...
Tags: CSR, glass business, jobs
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Blue Chips Continued to Climb to New Heights
Mar 7, 2013Blue chips continued to climb to new heights, pushing beyond the record levels reached in yesterday's rally after a better-than-expected reading on the labour market. The Dow Jones Industrial Average climbed 42.47 points, or 0.3 per cent, ...
Tags: stock index, Stocks, Blue chips