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Luxottica Said It Set a New Net Sales Record of More Than Euro7.3 Billion in 2013
Feb 28, 2014Luxottica said it set a new net sales record of more than €7.3 billion in 2013, an increase of 7.5 percent in currency-neutral (c-n) terms and 3.2 percent at current exchange rates compared to 2012. ADVERTISEMENT The Italian ...
Tags: Sporting Goods, Recreation, eyewear
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Vale Has Announced Its Financial Results for The Fourth Quarter and The Full Year of 2013
Feb 28, 2014Brazil-based miner Vale has announced its financial results for the fourth quarter and the full year of 2013, reporting a net loss of $6.45 billion, compared to a net loss of $2.61 billion in the same quarter of the previous year, as a ...
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General Motors Today Launched 2013 Calendar-Year Net Income
Feb 11, 2014General Motors Co today announced 2013 calendar-year net income attributable to common stockholders of $3.8 billion, or $2.38 per fully diluted share, down from $4.9 billion, or $2.92 per fully diluted share in 2012. Operating performance ...
Tags: General Motors, Financial Results
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Sales and Profits Increased in 2012 at Flavours Groups Givaudan and Sensient Technologies
Feb 18, 2013Sales and profits increased in 2012 at flavours groups Givaudan and Sensient Technologies, although rival IFF saw earnings fall. Givaudan's net income jumped from CHF252m (US$274.5m) in 2011 to CHF411 in 2012 amid higher sales. Revenue ...
Tags: Sales, profits, Flavors, Fragrances
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Cisco Has Reported a $900m Year on Year Rise on Its Second Quarter Profits
Feb 17, 2013Networking specialist Cisco has reported a $900m (£579m) year on year rise on its second quarter profits – a 44 per cent increase. The firm reported net sales of $12.1bn in its second quarter, which is a rise of five per cent ...
Tags: Networking, Cisco, profits
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OAO Severstal Announced The Signing of a Compromise and Settlement Agreement
Dec 28, 2012OAO Severstal announced the signing of a compromise and settlement agreement amongst, inter alia, the Government of Liberia, Afferro Mining Inc and the company’s indirect subsidiary Lybica Holding BV in relation to tax claims made by ...
Tags: Afferro Mining, Severstal, tax settlement, Afferro Mining Inc
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Acer Saw Sales Stalll in Second Quarter, Down 2.2% Compared to The First Three Months
Dec 21, 2012Acer saw sales stalll in its second quarter, down 2.2% compared to the first three months of the year. The Taiwanese company said it didn’t expect revenue to pick up until its fourth quarter. But Acer will start shipping ...
Tags: Acer, sales, Microsoft Windows 8, company news
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It Has Brought Forward The Deferred Element of The Sale of Its 38.5% Stake
Dec 17, 2012Afferro said that it has brought forward the deferred element of the sale of its 38.5% stake in the Putu iron ore project in Liberia by 6 months. It means it will receive an injection of USD 50 million from Russian steel giant Severstal ...
Tags: Afferro Mining, Metallurgy, Mineral, iron ore
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ICA Has Booked Mixed Third-Quarter Numbers,with a Surge in Operating Income Offset
Nov 15, 2012Scandinavian retailer ICA has booked mixed third-quarter numbers, with a surge in operating income offset by a tax settlement that resulted in a net loss for the period. The company said third-quarter operating income increased 13.1% to ...
Tags: retailer, net loss, third-quarter, report