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Tyson Foods executive predicts record profits for 2016

2016-02-07 00:36:52| Food - Topix.net

Executives at Tyson Foods, Inc. are predicting record profits for the year, helped along by a steep drop in feed and livestock costs.

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Airlines reap record profits, and passengers get peanuts

2016-02-06 23:38:29| Airlines - Topix.net

Helped by falling oil prices, airlines are reporting record profits, but for many passengers this sudden bonanza has meant little more than extra bags of free peanuts and pretzels. The four biggest domestic carriers - American Airlines, Southwest Airlines, Delta Air Lines and United Airlines - together earned about $22 billion in profits last year, a stunning turnaround after a decade of losses, bankruptcies and cutbacks.

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Tyson Foods Projects Record Profits; Shares Hit All-Time High

2016-02-06 20:59:23| Food - Topix.net

When adjusted for one-time items in the comparable quarter previous year, Tyson's operating income rose from $564 million in the first quarter of 2015 to $776 million, an increase of almost 38%. The company reported $1.15 earnings per share for the quarter, topping analysts' consensus estimates of $0.89 by $0.26.

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MDU Resources profits down in 2015; new refinery loses money

2016-02-05 02:37:19| Energy - Topix.net

" The Bismarck-based MDU Resources Group Inc. has reported a decrease in profits for 2015 due to losses at its North Dakota refinery and warmer winter weather that cut natural gas and electricity sales. The energy, mining and construction company said late Wednesday that its profits for ongoing operations in 2015 were $180 million, down from $205.5 million in 2014.

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Crestor-owner warns of declining profits

2016-02-04 08:58:40| BBC News | Business | UK Edition

AstraZeneca warns that the expiry of the patent on its blockbuster anti-cholesterol drug Crestor will cut its profits this year.

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