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Cargill posts 12 percent drop in profits for quarter
2014-11-25 16:12:16| Food - Topix.net
Cargill Inc., the largest closely held U.S. company, posted a 12 percent drop in fiscal fourth-quarter profit as its trading and processing business continued to feel the effects of drought in the U.S. and a shortage of railcars. Net income declined to $424 million in the three months through May, from $483 million a year earlier, the Minneapolis-based company said Thursday in a statement.
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Second quarter construction start set for Frisco's Wade Park project
2014-11-25 15:24:40| Grocery - Topix.net
Developers of the $1.6 billion Wade Park mixed-use project in Frisco say they will start construction on the first buildings in 175-acre development in the second quarter of next year. Located at the Dallas North Tollway and Lebanon Road, the project by Atlanta-based Thomas Land & Development so far includes a Whole Foods Market grocery store and an IPic Theater And Nashville-based Bristol Development has been hired to work on the residential component of Wade Park, including 1,300 apartments.
High Pork Prices Made a Good Quarter for Cherkizovo
2014-11-25 01:00:00| ThePigSite - Industry News
RUSSIA - Cherkizovo Group demonstrated strong nine-month and third quarter results, according to the company's CEO, despite market and currency volatility. High pork prices boosted sales for its pork business, while its meat processing division made a loss.
Hooker Furniture to Host Third Quarter Earnings Call December 10
2014-11-24 22:50:01| Furniture - Topix.net
Hooker Furniture Corporation will present its financial results for its fiscal 2015 third quarter via teleconference and live internet web cast on Wednesday afternoon, December 10 at 1:30 PM Eastern Time. The dial-in number for domestic callers is 877.665.2466 and the number for international callers is 678.894.3031.
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CSX says operating metrics should stabilize in fourth quarter
2014-11-24 19:32:55| Railroads - Topix.net
After four quarter of mostly declining performance, CSX Corp. anticipates the percentage of its trains leaving and arriving on time should stabilize in the final quarter of 2014. "CSX is working to put the right people and resources in the right places, combined with process improvements and increased communication with our peers, to serve the broad-based growth we continue to see across nearly all markets that we serve," CSX Chief Transportation Officer Cindy Sanborn told an industry conference on Friday.
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