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Nippon Steel profits fall as oil prices tumble
2015-04-28 23:35:00| Steel - Topix.net
Nippon Steel & Sumitomo Metal said Tuesday its net profit fell almost 12 percent in its fiscal year to March, as plunging oil prices led to losses at a Brazilian affiliate. The Tokyo-based company, one of the world's biggest steelmakers, said its annual net profit came to 214.3 billion yen and forecast weak market conditions for the year ahead.
U.S. Stocks Fluctuate as Apple, Whirlpool Shares Fall Before Fed
2015-04-28 18:41:05| Appliances - Topix.net
U.S. stocks fell as biotechnology shares resumed declines and consumer confidence unexpectedly slid while the Federal Reserve begins a two-day policy meeting. The Nasdaq Biotechnology Index lost 2.7 percent after falling 4.1 percent Monday.
Whirlpool cuts outlook after earnings fall short
2015-04-28 14:31:16| Appliances - Topix.net
Whirlpool Corp. reported a first-quarter profit that missed analysts' estimates and reduced its full-year outlook as adverse currency effects and weaker demand in Brazil cut into sales. The home appliance manufacturer said in February that it expected a higher profit this year as raw material costs fall and as the company begins to reap benefits from last year's acquisitions in Europe and Asia.
BP sees profit fall sharply to $2.1bn
2015-04-28 08:54:52| BBC News | Business | UK Edition
Oil giant BP reports a sharp fall in profit to $2.13bn (1.39bn) for the first quarter as the dramatic fall in oil prices takes its toll.
Tags: fall
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Cherkizovo Pork Sales Fall
2015-04-28 02:00:00| ThePigSite - Industry News
RUSSIA - Russian integrated meat and finished feed producer, Cherkizovo Group has seen meat and poultry sales rise in the first quarter of teh year while pork sales have fallen.
Tags: sales
fall
pork
sales fall
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