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Hog Outlook: USDA Lowers Meat Production Estimates

2015-09-14 02:00:00| ThePigSite - Industry News

US - USDA's September supply and demand estimates had few big surprises. The monthly WASDE lowered their forecast of 2015 corn production by 101 million bushels (0.7 per cent) and raised expected soybean production by 19 million bushels (0.5 per cent), write Ron Plain and Scott Brown, University of Missouri.

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Fairchild Semi lowers outlook and unveils cost cuts due to weak demand

2015-09-09 13:56:32| Semiconductors - Topix.net

The company said it now expects third-quarter sales of about $340 million, down from a prior range of $355 million to $375 million. The current FactSet consensus is for third-quarter sales of $365 million.

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ABB lowers growth outlook amid China slowdown

2015-09-09 09:34:09| Electronics - Topix.net

ABB Ltd. on Wednesday lowered its five-year growth outlook and launched a big reorganization of its business as the power and automation giant said it faced slower global growth, including in China. Zurich-based ABB, the world's largest maker of power grids, cut its annual revenue growth target to 3% to 6% between 2015 and 2020 from 4% to 7% previously.

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Canadian Pacific Lowers 2015 Outlook After Commodities Cargo Declines

2015-07-21 18:12:10| Railroads - Topix.net

Canadian Pacific Railway cut its forecast for full-year revenue and earnings per-share growth while it seeks to control costs amid a decline in demand for commodities shipments. Revenue growth is expected to be 2% to 3% in 2015, down from a January forecast of 7% to 8% growth, Canadian Pacific announced in a statement.

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Wolverine Worldwide lowers FY outlook amid Q2 profit fall

2015-07-21 14:57:00| Daily apparel & textile news and comment - from just-style.com

US clothing and footwear business Wolverine Worldwide has lowered its full-year revenue guidance and plans to wind down its Cushe brand after booking an 8.7% decline in first-quarter profit.

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