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A Good Quarter From Manitowoc Shows The Pre-Split Thesis Remains Intact

2016-02-10 01:29:24| Industrial Machines - Topix.net

Improved execution in their Foodservice equipment category shows the segment is likely still worth more than the entire market cap. Manitowoc delivered a strong quarter, topping estimates and providing a renewed sense of optimism over the upcoming split.

Tags: good shows remains quarter

 

Weekly Overview: Weak First Quarter Expected on Global Pork Market

2016-02-09 01:00:00| ThePigSite - Industry News

ANALYSIS - A new report from Rabobank states that the global pork market is expected to remain weak in the first quarter of 2016, followed by some - partly seasonal - improvement leading into the second quarter.

Tags: market global expected overview

 
 

Domtar Reports Preliminary Fourth Quarter and Fiscal Year 2015 Financial Results

2016-02-05 19:45:12| Paper - Topix.net

"Our pulp and paper shipments were strong, and our operations ran exceptionally well with productivity gains across the mill system." - John Williams, President and CEO, Domtar.

Tags: year results reports financial

 

Volvo posts higher 4th quarter profit on brisk Europe sales

2016-02-05 17:56:31| Automakers - Topix.net

Swedish truck maker AB Volvo has posted a fourth quarter net profit of 2.59 billion kronor , compared with a 2.98 billion kronor loss last year, on the back of cost cuts and brisk sales in Europe. The previous year's earnings were hurt by big provisions relating to an EU antitrust case and credit losses in China.

Tags: sales posts europe higher

 

UPDATE 1-India's Tata Steel posts steep third quarter loss on cheap imports

2016-02-04 22:01:15| Steel - Topix.net

MUMBAI, Feb 4 India's Tata Steel Ltd swung to a hefty third quarter loss on Thursday, blaming cheap Chinese imports for having to axe 3,000 jobs at its UK unit, as it tries to slim down to cope with the global steel crisis. The European business of Tata Steel, the parent company of Britain's largest and Europe's second-largest steel producer, has cut thousands of jobs since it bought Anglo-Dutch producer Corus in 2007.

Tags: posts update loss cheap

 

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