logo

Breaking News

Share SHARE

While reporting its first-quarter financial results today, Hormel Corp. (HRL) lowered its earnings outlook for fiscal 2017, citing challenging market conditions in the turkey industry. For fiscal 2017, Hormel lowered its earnings outlook to a range of $1.65 to $1.71 per share. Analysts polled by Thomson...

Teleflex Inc. (TFX), a provider of medical technologies for critical care and surgery, said that Benson Smith will retire from his position as Chief Executive Officer, effective on December 31, 2017. Liam Kelly, who currently serves as Teleflex's President and Chief Operating Officer, has been named...

Iron Mountain Inc. (IRM) reported that its income from continuing operations for the fourth quarter was $49.8 million, compared with $5.9 million in 2015. Income from Continuing Operations included $29 million of Recall Costs in the fourth quarter of 2016 compared with $27 million of Recall Costs in...

While reporting its financial results for the fourth quarter today, Jakks Pacific, Inc. (JAKK) said that for fiscal 2017, it expects higher net income, earnings per share and adjusted EBITDA on lower net sales compared to 2016. The company also expects improved profitability in 2017 with a continued...

Brazilian metals and mining company Vale S.A. (VALE) Thursday reported that its fourth-quarter net income was $525 million, compared to a loss of $8.57 billion a year ago. Underlying earnings were $2.72 billion, compared to loss of $1.03 billion last year. Underlying earnings per share were $0.53,...

GlaxoSmithKline plc (GSK) and Innoviva, Inc. (INVA) Thursday announced positive results from a non-inferiority lung function study. The results demonstrated that patients with well-controlled asthma were able to switch to the once-daily Relvar Ellipta 100/25, an inhaled corticosteroid/long-acting beta2...

German business software maker SAP AG (SAP) Thursday said its Executive Board and Supervisory Board have recommended a dividend of 1.25 euros per share for the fiscal year 2016 at the Annual General Meeting of Shareholders. This represents a year-over-year increase of 9 percent compared to last year's...

Animal genetics company Genus plc (GNS.L) and European pig breeding company Hermitage said they have agreed to enter into a strategic partnership covering the supply of porcine genetics in several markets. Under the deal, PIC, Genus's porcine division, will acquire the genetic rights and intellectual...

French resource management firm Veolia Environnement (VE) reported Thursday that its fiscal 2016 net income - Group share amounted to 382 million euros, down from 450 million euros in 2015. Current net income-group share increased 10.8% to 610 million euros from 580 million euros last year. Current...

Animal genetics company Genus plc (GNS.L) reported a 12 percent decrease in statutory pre-tax profit for the six-month period ended December 31, 2016, reflecting non-cash fair value reductions in biological assets. For the half year, statutory profit before tax fell to 11.4 million pounds from 12.9...

RELX Group (REL.L), a professional information company, reported that its net profit for the year ended December 31, 2016 rose 15 percent to 1.16 billion pounds from 1.01 billion pounds last year. Earnings per share rose to 56.3 pence from 46.4 pence last year. Adjusted net profit for the year was...

Fuchs Petrolub AG (FUPEF.PK), a lubricant producer, Thursday announced that Manfred Fuchs, aged 78, would step down after 13 years as Deputy Chairman of the Supervisory Board at the end of the FUCHS Annual General Meeting on May 5. The Supervisory Board's nomination for his successor is Susanne Fuchs,...

Public transport operator National Express Group Plc. (NEX.L) reported Thursday that its fiscal 2016 profit before tax rose to 136.3 million pounds from 122.7 million pounds last year. Profit after tax grew increased to 120.0 million pounds from 109.1 million pounds in the prior year. Group normalised...

ProSiebenSat.1 Media SE (PBSFF.PK) reported Thursday that its fiscal 2016 consolidated net profit from continuing operations climbed 14 percent to 444 million euros from 391 million euros last year. Underlying net income reached 513 million euros or 2.37 euros per share, compared to previous year's...

Spanish oil major Repsol S.A. (REPYY.PK) reported Thursday that its fiscal 2016 net income reached 1.736 billion euros, compared to last year's loss of 1.398 billion euros. In the prior year, the company booked extraordinary impairments to address the possibility of an ongoing depressed price situation...

Follow RTT