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Chiquita 9M profits benefit from lower costs despite sales fall
2015-11-06 17:56:32| Food - Topix.net
Nine-month profits at banana grower Chiquita Brands have benefited from lower charges, despite the firm posting lower sales due to poorer banana volumes. For the period ended 30 September, Chiquita posted an increase in net profit to US$5.1m compared with a loss of $24.7m.
Chiquita 9M profits benefit from lower costs despite sales fall
2015-11-06 15:42:50| Agriculture - Topix.net
Nine-month profits at banana grower Chiquita Brands have benefited from lower charges, despite the firm posting lower sales due to poorer banana volumes. For the period ended 30 September, Chiquita posted an increase in net profit to US$5.1m compared with a loss of $24.7m.
NTT raises FY outlook on lower costs, improving sales
2015-11-06 12:43:00| Telecompaper Headlines
(Telecompaper) Japan's NTT Group raised its outlook for full-year results, citing improved growth overseas, expanding 'smart life' services at home and cost control efforts. The company now expects annual revenues for the year to March 2016 of JPY 11.40 trillion, up by JPY 50 billion from its previous forecast. The operating profit outlook increased by the same amount to JPY 1.25 trillion, and net profit by JPY 25 billion to an estimated JPY 655 billion. The results for the fiscal first half show the operator well on its way to achieving the targets. Revenues for the six months to September rose 4.0 percent year-on-year to JPY 5.589 trillion, and operating profit was up 24.1 percent to JPY 733.5 billion. Net profit increased 30.0 percent to JPY 377.3 billion, driven by reduced costs and lower taxes. NTT slightly reduced its capex forecast for the full year, by JPY 30 billion to JPY 1.630 trillion. In the first half, capex totaled 622.2 billion.
Tags: sales
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Why Sam Adams Utopias Costs $200
2015-11-06 08:53:11| Beverages - Topix.net
Beer is arguably one of the most democratic drinks in the world. Yes, beer uber-nerds have their white whales to chase, but the rest of us can enjoy world class beers like St. Bernardus Abt 12, Ballast Point Sculpin, and Goose Island's Bourbon County Brand Stout with a little patience and leg work.
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Agrium profit rises nearly 9 per cent on lower costs
2015-11-05 15:02:37| Chemicals - Topix.net
Canadian fertilizer and farm retail dealer Agrium Inc. reported a nearly 9 per cent rise in quarterly profit, helped by lower costs. However, the company on Thursday narrowed its forecast for 2015 profit to $7.10 to $7.40 per share from $7.00-$7.50.
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