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General Mills cuts sales, profit...
2014-11-07 16:08:56| Food - Topix.net
General Mills cuts its sales and profit outlook for the year on Friday, citing persistent sales weakness in the U.S. food industry. The maker of Cheerios cereal, Yoplait yogurt and Progresso canned soups had already announced this summer plans to slash costs in response to weak sales.
Tags: general
sales
profit
cuts
General Mills cuts sales, profit...
2014-11-07 16:01:26| Agriculture - Topix.net
General Mills cuts its sales and profit outlook for the year on Friday, citing persistent sales weakness in the U.S. food industry. The maker of Cheerios cereal, Yoplait yogurt and Progresso canned soups had already announced this summer plans to slash costs in response to weak sales.
Tags: general
sales
profit
cuts
UPDATE 1-SoftBank cuts FY profit target on Sprint woes; Q2 profit down 23 pct
2014-11-04 12:30:45| Telecom - Topix.net
SoftBank Corp, the Japanese mobile carrier with ambitious plans to grow overseas, slashed its profit forecast as Sprint Corp, the U.S. carrier it bought for $21.6 billion, continues to lose customers with no quick fix in sight. In a statement on Tuesday, SoftBank said it now expects an operating profit of 900 billion yen in the 12 months through March 2015, 10 percent down from the 1 trillion yen profit it previously estimated, citing Sprint's troubles.
Tags: update
target
profit
cuts
UPDATE 1-SoftBank cuts FY profit target on Sprint woes; Q2 profit down 23 pct
2014-11-04 11:54:11| IT Services - Topix.net
SoftBank Corp, the Japanese mobile carrier with ambitious plans to grow overseas, slashed its profit forecast as Sprint Corp, the U.S. carrier it bought for $21.6 billion, continues to lose customers with no quick fix in sight. In a statement on Tuesday, SoftBank said it now expects an operating profit of 900 billion yen in the 12 months through March 2015, 10 percent down from the 1 trillion yen profit it previously estimated, citing Sprint's troubles.
Tags: update
target
profit
cuts
Softbank cuts profit view as Sprint struggles
2014-11-04 01:00:00| Total Telecom industry news
Japanese telco shaves 100 billion from full-year operating income guidance.
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