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Market Close: Shares rise led by Air NZ on falling fuel costs; SkyCity gains on first half
2015-02-11 09:41:31| Airlines - Topix.net
New Zealand shares rose, led by Air New Zealand on falling fuel prices. SkyCity Entertainment Group gained after reporting first-half results.
Dean Foods Plunges As High Costs Crimp Q4 Profit
2015-02-11 05:55:18| Food - Topix.net
' first profit in four quarters missed targets amid rising raw milk costs, and its earnings guidance for the current quarter was light. The largest U.S. milk products processor earned 8 cents per share minus one-time items in the fourth quarter, 3 cents below consensus and down 56% from a year earlier.
Goodman Fielder profits flat as lower milk costs offset weak bread prices
2015-02-11 00:51:44| Agriculture - Topix.net
While earnings fell 54 per cent in baking and 13 per cent in grocery products, EBIT from the New Zealand dairy operations soared 74 per cent and Asia Pacific profits rose 12 per cent. Photo: Peter Morris Goodman Fielder has reiterated its support for a $1.3 billion offer from Wilmar International and First Pacific after delivering a flat first-half profit result, with underlying net profit slipping 1 per cent to $29.7 million as cheaper milk and wheat costs countered falling prices in bread and spreads.
Japan's SoftBank third quarter profit slips 5.9 percent, no end to Sprint costs
2015-02-10 08:58:59| IT Services - Topix.net
Japan's SoftBank Corp said on Tuesday its third-quarter operating profit slid 5.9 percent, missing estimates, as the ambitious mobile telecom firm continues to soak up the cost of trying to turn around loss-making U.S. unit Sprint Corp. SoftBank, which took over the number 3 U.S. carrier for more than $20 billion in 2012, said October-December operating profit was 191.39 billion yen , down from 203.46 billion yen a year ago. That trailed the 219.08 billion yen average of five analysts' estimates compiled by Thomson Reuters StarMine.
Japan's SoftBank third quarter operating profit slips 5.9 percent as Sprint costs weigh
2015-02-10 08:21:04| Telecom - Topix.net
Japan's SoftBank Corp said on Tuesday its third-quarter operating profit slid 5.9 percent, missing estimates, as the ambitious mobile telecom firm continues to soak up the cost of trying to turn around loss-making U.S. unit Sprint Corp. SoftBank, which took over the number 3 U.S. carrier for more than $20 billion in 2012, said October-December operating profit was 191.39 billion yen , down from 203.46 billion yen a year ago. That trailed the 219.08 billion yen average of five analysts' estimates compiled by Thomson Reuters StarMine.
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