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BMW Q2 Profit Increases on Record Sales
Aug 4, 2016BMW has reported a 11% increase in its profits for the second quarter of this year due to strong sales of its three car brands. The net profit for the period between April and June end was €1.94bn, compared to €1.74bn for the ...
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Tyson Foods Makes Progress in Transition
Apr 6, 2016Tyson Foods has made significant progress in its transition from a protein producer to a branded, value-added food company with stronger, more stable earnings, company executives told investors at the Consumer Analyst Group of Europe annual ...
Tags: Tyson Foods, Protein producer
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Adidas Fourth-Quarter Loss Narrows, Offers Bullish Outlook
Mar 13, 2016Adidas Group reported a narrower loss in the fourth quarter as gross margins expanded and currency-neutral sales jumped 12 percent, driven by accelerated momentum at both Adidas and Reebok. On a currency-neutral basis, sales grew 16 percent ...
Tags: Adidas Group, Reebok
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Foot Locker's Earnings Rose 18.0% to $146 Million in Q4
Mar 16, 2015Foot Locker, Inc. reported fourth-quarter earnings rose 18.0 percent to $146 million, or $1.01 a share, easily eclipsing Wall Street's target. Earnings, adjusted for non-recurring gains, came to $1 per share, beating Wall Street's consensus ...
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TMHA Retained Overall National Forklift Market Leadership for The Sixth Consecutive Year
Jan 22, 2015Forklift industry sales results for 2014 show that Toyota Material Handling Australia (TMHA) retained overall national forklift market leadership for the sixth consecutive year. TMHA says it also extended its uninterrupted dominance ...
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Adjusted Earnings Per Share Soared 36% Year-on-Year at Polyone Corp
Oct 28, 2014Despite a drop in revenues, adjusted earnings per share soared 36% year-on-year at PolyOne Corp in the third quarter ended September 30, 2014, driven by mix improvement and accelerated Spartech synergies. "As a result of mix improvement ...
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Cooper Accelerates Share Purchase Program
Aug 7, 2014Cooper Tire & Rubber Co. has entered into an accelerated share repurchase (ASR) program with J.P. Morgan Chase Bank N.A. Under the ASR agreement, the company will repurchase an aggregate of $200 million of its common stock. Cooper will ...
Tags: Auto Parts, Tire, Tyre
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Argos Saw Increased Internet Penetration to 44% of Total Sales
May 5, 2014The group reported good performances at both Argos and Homebase, with both businesses delivering positive like-for-like sales growth throughout the year. Sales were up 3% at £5,663m, while cash gross margin was up 2% to ...
Tags: Furniture, Furnishing
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Columbia Sportswear Company Raised Its 2014 Outlook After Announcing Record Q1 Net Sales
Apr 30, 2014Columbia Sportswear Company raised its 2014 outlook after announcing record first quarter net sales, a sharp increase in first quarter profits, surging wholesale demand, a strong launch of its Chinese joint venture and the acquisition of ...
Tags: Sportswear, Apparel
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Cenovus Energy Inc. Expects to Invest Between $2.8 Billion and $3.1 Billion in 2014
Dec 16, 2013Cenovus Energy Inc. (TSX: CVE) (NYSE: CVE) expects to invest between $2.8 billion and $3.1 billion in 2014, a 13% decrease when compared with the previous year. The company is focusing its capital on oil projects that are anticipated to ...
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Chico's FAS Announced Board of Directors Declared a Quarterly Cash Dividend of $0.075
Nov 27, 2013As part of its ongoing commitment to increase shareholder value and return excess cash to its shareholders, Chico's FAS, Inc. announced that its Board of Directors declared a quarterly cash dividend of $0.075 per share of its common stock, ...
Tags: Chico's FAS, Apparel
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Johnson Controls Announced a Multi-Year Share Repurchase Program and an Increase
Nov 22, 2013Johnson Controls, a global multi-industrial company with core businesses in the building and automotive industries, announced a multi-year share repurchase program and an increase in its quarterly dividend, reflecting the company's strong ...
Tags: Johnson Controls, global multi-industrial company, Share Repurchase
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Tronox Limited Reported Third Quarter 2013 Revenue of $491 Million
Nov 19, 2013Tronox Limited reported third quarter 2013 revenue of $491 million, up 1 percent versus $487 million in the third quarter 2012 and down 6 percent versus $525 million in the second quarter 2013. Adjusted EBITDA was $92 million compared to ...
Tags: Tronox, report, third quarter, 2013, financial results
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Formanek Reported That The Association Ended The 2012 Fiscal Year in The Black
Nov 6, 2013To the Tire Industry Association (TIA), black is the new… black. Tom Formanek said as much at the annual TIA meeting. Formanek, TIA's treasurer, reported that the association ended the 2012 fiscal year in the black. In addition, ...
Tags: Auto Parts, tire, tyre
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Nokia Has Announced an Increase in Sales of Its Lumia Windows Phone
Oct 30, 2013Nokia has announced an increase in sales of its Lumia Windows Phone devices to 8.8 million units and posted a surprise €118m profit for its third quarter. However, Nokia's re-acquaintance with profitability was largely due to savage ...
Tags: Computer Products, nokia, smartphone