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Tag: costs
Plazacorp posts second quarter loss on costs related to acquisition
2013-08-12 21:30:12| Real Estate - Topix.net
Plazacorp Retail Properties Ltd. posted a $12.1 million loss for the second quarter, reversing a year-ago profit of $15.8 million partly because of costs related its acquisition of KEYreit.
Analysis: Higher costs may slow Kirby, winner of U.S. energy boom
2013-08-12 17:03:55| Appliances - Topix.net
Houston-based Kirby Corp, the leading operator of inland barges in the United States, has been one of the winners from the country's expanding energy industry.
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GM plans gradual pullout of S.Korea as labor costs surge
2013-08-12 01:47:05| Automakers - Topix.net
General Motors Co. has begun gradually cutting its presence in South Korea after mounting labor costs and militant unionism triggered a rethink of its reliance on the country for a fifth of its global production, three individuals familiar with GM's thinking said.
GM Cracks Down on Costs: $1B Cut in North America by 2016
2013-08-11 19:37:38| Automakers - Topix.net
When Grace Lieblein stood up to the plate earlier this summer and took over as vice president of General Motors's global purchasing and supply chain, she was told she needed to help cut some logistics costs.
Arkansas Best Records 2Q Profit But Says High Labor Costs Still Hurt
2013-08-09 23:39:34| Trucking - Topix.net
Arkansas Best Corp. of Fort Smith on Friday reported a profitable second quarter but said it continued to sustain losses in the first six months of the year on rising costs at its largest subsidiary, ABF Freight System Inc. The publicly traded trucking firm reported net income of $4.9 million, down 58 percent from the same quarter last year.
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