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Hormel Reports Rise in Earnings

2013-11-28 01:00:00| ThePigSite - Industry News

US - Hormel Foods, US-based food and meat processor, has reported net earnings of $157.3 million for the fourth quarter of 2013, up 19 per cent from net earnings of $132.6 million a year earlier.

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Net Farm Income to Rise 15% in 2013

2013-11-27 20:58:00| National Hog Farmer

Source: U.S. Department of Agriculture Net farm income is forecast to be $131.0 billion in 2013, up 15.1% from 2012’s estimate of $113.8 billion. After adjusting for inflation, 2013’s net farm income is expected to be the highest since 1973, according to USDA’s Economic Research Service. Net cash income is forecast at $129.7 billion, down 3.4% from 2012. Not all crops produced in 2013 will be sold by the end of the 2013 calendar year; ERS officials anticipate substantial increases in the annual quantity and value of crop inventories, particularly for corn. read more

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Royal Mail reports rise in profits

2013-11-27 08:59:54| BBC News | Business | UK Edition

Royal Mail reports an increase in half-year profits, driven by growing revenue from parcels, in its first results since listing on London's stock market.

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London Gatwick Airport reports 4.4% rise in passenger traffic

2013-11-27 01:00:00| Airport Technology

London Gatwick Airport has served nearly 21 million passengers during the first six months of 2013, up 4.4% compared with nearly 20 million in the same period last year.

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UK: Britvic expands Fruit Shoot footprint as FY profits rise

2013-11-26 23:34:19| Beverages - Topix.net

Britvic has posted an increase in full-year profits as the company unveiled plans to expand its Fruit Shoot partnership in the US with PepsiCo.

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