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Listeria recalls lead Inventure Foods to a $14M loss in Q1
2015-05-07 20:06:08| Food - Topix.net
Inventure Foods Inc. posted a first quarter loss of $14.6 million or 75 cents per share Thursday, which the company is blaming on its recall of products that could have been exposed to Listeria monocytogenes. The Phoenix-based specialty food marketer and manufacturer reported that the recall of some of its frozen food products manufactured in a Georgia plant in April cost the company $15.9 million in the first quarter of the year.
Kate Spade swings to Q1 loss on wind downs
2015-05-07 17:39:00| Daily apparel & textile news and comment - from just-style.com
Apparel and accessories business Kate Spade & Company has swung to a loss in its first-quarter amid plans to wind down some businesses, but revealed plans to grow in Latin American.
Canadian Natural Resources to cut capital spending again after quarterly loss
2015-05-07 14:09:07| Oil & Gas - Topix.net
Canadian Natural Resources Ltd. says it recorded a net loss of $252 million in the first quarter of the year, or 23 cents per share, as the recent plunge in crude oil prices continues to impact its bottom line. The company says it has increased production and cut costs in response to the lower prices and will trim this year's capital spending by another $300 million across all segments, to approximately $5.7 billion.
Tags: resources
natural
capital
loss
Canadian Natural Resources to cut capital spending again after quarterly loss
2015-05-07 14:06:34| Energy - Topix.net
Canadian Natural Resources Ltd. says it recorded a net loss of $252 million in the first quarter of the year, or 23 cents per share, as the recent plunge in crude oil prices continues to impact its bottom line. The company says it has increased production and cut costs in response to the lower prices and will trim this year's capital spending by another $300 million across all segments, to approximately $5.7 billion.
Tags: resources
natural
capital
loss
Tesla posts $154M GAAP loss, $45M non-GAAP loss in Q1 on record deliveries; confident in 55K total deliveries this year
2015-05-07 10:57:11| Green Car Congress
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