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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.

Tags: prices lower costs flat

 

FEI Company: Fundamentals Remain Intact Despite Weak Earnings

2015-02-09 02:21:12| Semiconductors - Topix.net

FEI Company reported weak quarterly earnings , with shares falling around 8% as a result. The company's quarterly revenue of $265.3M fell below expectations of $274M.

Tags: company remain weak earnings

 
 

Weak trade data from China forces oil to drop to $57.55 a barrel

2015-02-09 01:00:00| Offshore Technology

The price of Brent crude oil dropped on Monday due to weak trade data from China.

Tags: data china trade oil

 

Weak omega-3s demand a blemish on FMC's nutritional sector revenues

2015-02-07 02:46:28| Chemicals - Topix.net

FMC Corporation reported revenues in its health and nutrition sector of $828 million for its 2014 fiscal year. Soft omega-3 demand for the year was a blemish on an otherwise robust sector performance, the company said.

Tags: sector demand weak revenues

 

Shares of Ralph Lauren drop on weak 3Q results

2015-02-04 16:52:18| Apparel - Topix.net

Ralph Lauren Corp.'s fiscal third-quarter net income fell 9 percent as the company spent more on opening new stores and marketing while revenue stayed nearly flat. The results for the retailer missed expectations and shares and the company trimmed its 2015 revenue forecast as well.

Tags: results drop shares weak

 

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