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Virgin Australia narrows bottom-line loss to $48m
2015-02-19 00:03:52| Airlines - Topix.net
Virgin Australia narrowed its first-half statutory net loss to $48 million as it benefits from cost cutting and a truce in its battle with Qantas in the domestic market. Australia's second-largest airline group released on Thursday more details of its financial performance in the first half after providing headline numbers for the second quarter two weeks ago.
Tags: australia
loss
virgin
48m
Fresh Del Monte narrows loss
2015-02-17 15:31:29| Agriculture - Topix.net
Fresh Del Monte Produce Inc. said its loss narrowed in the fourth quarter as higher banana volume in North America, as well as sales growth in tomatoes and melons, offset weakness in prepared foods and led to better-than-expected results. Banana sales rose 3% to $439 million on a 2% increase in volume.
TNT Falls as Parcel Company Posts Loss and Predicts Tough Year
2015-02-17 14:38:50| Air Courier - Topix.net
Dutch logistics company TNT Express NV swung to a fourth-quarter operating loss and said it faces a tough year ahead as increased competition weighs on parcel-delivery prices in major markets including the U.K. and France. The stock fell as much as 9.6 percent, the most in almost five months, after TNT posted a quarterly operating loss of 53 million euros versus a year-earlier profit of 79 million euros.
Charges push Pacific Brands to H1 loss
2015-02-17 13:09:00| Daily apparel & textile news and comment - from just-style.com
Australian apparel group Pacific Brands slid to a first half loss thanks to impairment charges of A$138.5m, incurred due to a change of approach and currency depreciation.
Tags: loss
brands
charges
pacific
Kellogg posts $293m net loss - Special K and Kashi drag down business
2015-02-14 15:37:46| Food - Topix.net
KRAVE Jerky founder on why he teamed up with Hershey: 'I like speed. I like things to happen big and bold and fast' Kellogg's 136% profit plunge for the fourth quarter is disappointing and can mainly be attributed to continued poor performances in Special K and Kashi, its CEO says.
Tags: net
business
special
down
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