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Tag: hurt
Venezuela's currency devaluation set to further hurt U.S. companies' profits
2015-02-14 08:17:36| Paper - Topix.net
A massive effective devaluation of Venezuela's bolivar currency will likely badly dent 2015 earnings at a swath of major U.S. companies. The decision, announced late on Thursday, would almost wipe out the $7.1 billion of Venezuelan monetary assets currently held on the books of 10 large American companies.
Tags: set
companies
currency
hurt
Driver Issues May Hurt Trucking Industry Growth in 2015
2015-02-13 04:12:12| Trucking - Topix.net
Analysts at GE Capital compiled a list of expected trucking industry trends for 2015. GE highlighted expected outlooks for Freight, Equipment and Rates and Capacity.
Tags: issues
industry
growth
driver
Kellogg's cereal sales fall again, hurt by Special K
2015-02-12 19:47:49| Agriculture - Topix.net
Kellogg said Thursday its U.S. cereal unit suffered another sales decline in the fourth quarter, hurt by the performance of its top moneymaker, which over the years has branched out into an array of products including bars, crackers and chips. During a conference call, Kellogg CEO John Bryant noted weight watchers are no longer as focused on "holding back calories" and instead want foods that make them feel good about themselves.
just on Call - Molson Coors warns of profits hurt from distribution deal losses
2015-02-12 17:59:00| Daily beverage news and comment - from just-drinks.com
Molson Coors has warned it will lose around US$40m in profits this financial year from the loss of three key distribution deals in the UK and Canada.
Tags: call
distribution
deal
hurt
Drop in copper prices doesn't hurt fourth quarter for Mueller
2015-02-03 18:39:36| Industrial Machines - Topix.net
The continued decline in the price of copper didn't slow down sales or income for Mueller Industries Inc. in the fourth quarter of 2014. The Memphis-based company reported net income of $18 million or 32 cents per diluted share in the fourth quarter, compared to $15.4 million or 27 cents in the fourth quarter of 2013.
Tags: prices
drop
fourth
quarter
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