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U.S. retail sales barely rise as auto purchases fall

2015-11-13 17:00:57| Auto Dealers - Topix.net

U.S. retail sales rose less than expected in October amid a surprise decline in automobile purchases, suggesting a slowdown in consumer spending that could The Commerce Department said on Friday retail sales edged up 0.1 percent last month after being unchanged in September. Economists polled by Reuters had forecast retail sales increasing 0.3 percent in October after a previously reported 0.1 percent increase in September.

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Olam posts 30% fall in Q3 net profit, to achieve free cash flow generation by 2016

2015-11-13 04:54:40| Grocery - Topix.net

Olam International reported on Friday that its net profit for the fiscal third quarter ended Sept 30, 2015, fell 30 per cent to S$31.0 million, from S$44.3 million a year ago. OLAM International reported on Friday that its net profit for the fiscal third quarter ended Sept 30, 2015, fell 30 per cent to S$31.0 million, from S$44.3 million a year ago.

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US and Canada Pork Exports Fall

2015-11-13 01:00:00| ThePigSite - Industry News

GLOBAL - US pork exports for the first nine months of 2015 declined by less than 1 per cent year on year to 1.1 million tonnes. Canadian pork exports recorded a larger fall of 4 per cent year on year in the first nine months of 2015, to 620,000 tonnes.

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Report finds road transportation sector in Canada likely to fall far short of 2050 GHG emissions reduction target

2015-11-12 20:55:29| Green Car Congress

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Rostelecom 9-mth revenues fall 2%

2015-11-12 18:19:00| Telecompaper Headlines

(Telecompaper) Russian national operator Rostelecom announced that its consolidated revenues declined by 2 percent year-on-year to RUB 216.336 billion in January-September, as calculated under international accountancy standards. OIBDA dropped by 3 percent to RUB 75.027 billion, while the OIBDA margin totaled 34.7 percent, down by 0.5 percentage points. The net profit decreased by 32 percent to RUB 10.274 billion. Capex totaled RUB 43.383 billion, up by 34 percent. The net debt decreased by 4 percent to RUB 174.899 billion. Consolidated revenues declined by 3 percent year-on-year to RUB 72.496 billion in the third quarter. OIBDA dropped by 4 percent to RUB 25.182 billion, while the OIBDA margin totaled 34.7 percent, down by 0.3 percentage points. The net profit decreased by 59 percent to RUB 2.046 billion. Capex totaled RUB 15.978 billion, up by 44 percent. The operator reduced operating expenditures by 3 percent in the third quarter. Around 29,500 households were covered with the fibre optical network in July-September.

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