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Tag: restructuring
EU sugar sector faces 'painful restructuring', ABF
2014-11-06 13:05:34| Sugar Industry News
Europe's sugar industry faces a "painful" process of "restructuring" thanks to the abolition of production quotas, and continuing price falls, Associated British Foods said, flagging the setback to its own operations.
Tags: sector
sugar
faces
painful
Maple Leaf Foods losses continue as restructuring expenses climb in Q3
2014-11-02 23:46:27| Food - Topix.net
Maple Leaf Foods says the cost of closing down some of its older plants, including one in New Brunswick, and shifting production to a new facility in Hamilton, Ont., ate into its profits in the latest quarter. The Toronto-based meat processor reported a net loss of $26.7 million or 19 cents per share in the three-months ended Sept.
Tags: continue
expenses
losses
foods
At Waste Management 650 Take Voluntary Separation with Restructuring
2014-10-30 10:00:00| Waste Age
Waste Management Inc. said that about 650 employees took a voluntary separation package resulting from its restructuring plan announced earlier this year, but the company doesnt anticipate that all those positions will be permanently eliminated. read more
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management
waste
separation
Restructuring moves cut into Sensient 3Q profits
2014-10-25 17:25:07| Food - Topix.net
Sensient Technologies Inc. supplies colors, flavors and fragrances to the cosmetic industry, as well as a number of other markets. Sensient Technologies Corp. reported a 32 percent drop in net income in the third quarter because of costs related to efforts to consolidate manufacturing facilities and eliminate underperforming operations.
Tags: cut
moves
profits
restructuring
Microsoft quarterly profit lower on restructuring costs
2014-10-24 08:39:00| Telecompaper Headlines
(Telecompaper) Microsoft reported a 13 percent fall in earnings for its fiscal first quarter to September to USD 0.54 per share, hurt by restructuring charges for its earlier announced job cuts and the integration of Nokia's handset operations. The USD 1.14 billion in restructuring charges took USD 0.11 per share off earnings, the company said. Revenues were still up to USD 23.2 billion from USD 18.5 billion a year ago, thanks to the acquisition of the mobile phone business, and gross profit increased 12 percent to USD 14.9 billion.
Tags: lower
costs
microsoft
profit
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