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McCormick & Co., Inc. (MKC), a manufacturer of spices, seasoning mixes, condiments and other flavorful products, Friday said it is raising fiscal 2016 projection for earnings per share and continues to expect solid sales growth, citing trading performance and growth momentum. For the year, the company...

McCormick & Co. (MKC) announced earnings for its third quarter that rose compared to the same period last year. The company said its bottom line climbed to $131.1 million, or $1.03 per share. This was higher than $109.7 million, or $0.85 per share, in last year's third quarter. Analysts had expected...

BGC Partners, Inc. (BGCP) announced the company now expects its third-quarter revenues to be slightly below the low end of the range of its previously stated guidance, and for its pre-tax distributable earnings to be around the mid-point of the range. BGC Partners is a leading global brokerage company...

Hennes & Mauritz AB (HNNMY.PK, HMRZF.PK, HEN.L) reported third-quarter profit after tax of 4.82 billion Swedish kronor compared to 5.31 billion kronor, last year. Earnings per share was 2.91 krona compared to 3.21 krona. The Group noted that its profits in the third quarter were negatively affected mostly...

Alcoa Inc. (AA), the largest producer of aluminum in the US, announced that its board of directors has approved the completion of the Company's separation into two independent, publicly-traded companies Arconic Inc and Alcoa Corp. The separation is scheduled to become effective before the opening of...

Costco Wholesale Corporation (COST) released a profit for its fourth quarter that advanced from last year. The company said its bottom line totaled $779 million, or $1.77 per share. This was higher than $767 million, or $1.73 per share, in last year's fourth quarter. Analysts had expected the...

Bassett Furniture Industries Inc (BSET) announced a profit for third quarter that lost ground compared to the same period last year. The company said its bottom line fell to $4.17 million, or $0.38 per share. This was lower than $4.27 million, or $0.39 per share, in last year's third quarter. Analysts...

commerzbank-092916.jpg German lender Commerzbank AG said Thursday that it will cut almost 10,000 jobs, stop paying dividends for the time being and merge two big units as part of a restructuring to become profitable on a sustainable basis by 2020. The bank, Germany's second largest, said that to cover its restructuring costs in the region of 1.1 billion euros, it will cease dividend payments for the time being.

ConAgra Foods, Inc. (CAG) reported reported first-quarter adjusted EPS from continuing operations of $0.61, compared to $0.41 in the year-ago period, an increase of 49%. On average, 12 analysts polled by Thomson Reuters expected the company to report profit per share of $0.48 for the quarter. Analysts'...

Below are the earnings highlights for ConAgra Foods Inc (CAG): -EPS: $0.61 in Q1 vs. $0.41 in the same period last year. -Analysts projected $0.48 per share -Revenue: $2.67 billion in Q1 vs. $2.79 billion in the same period last year.

Accenture (CN) reported that its net income attributable to the company for the fourth quarter ended August 31, 2016 increased to $1.07 billion, from last year's $737.63 million, with earnings per share improving to $1.68 from with $1.15 for the fourth quarter last year. Excluding the $249 million after-tax...

pepsico-092916.jpg Snack and beverage giant Pepsico Inc. reported Thursday significantly higher profit in its third quarter, reflecting the absence of last year's hefty Venezuelan impairment charges, despite weak revenues. Core earnings and revenues beat market estimates. Further, the company lifted its fiscal 2016 forecast on its performance and outlook for the fourth quarter.

Pepsico Inc (PEP) revealed a profit for its third quarter that advanced compared to the same period last year. The company said its bottom line rose to $2.04 billion, or $1.40 per share. This was up from $2.00 billion, or $1.35 per share, in last year's third quarter. The company said revenue...

Himax Technologies, Inc. (HIMX) reiterated its third-quarter guidance and business outlook for the remainder of 2016. The company is confident that the overall business prospects remain intact as CEO reiterated during the last earnings call. Himax Technologies remains positive about its future prospects...

Philip Morris International Inc. (PM) revised for currency only, and narrowed, its 2016 full-year reported EPS forecast to a range of $4.53 to $4.58, at prevailing exchange rates, compared to $4.42 in 2015. Excluding an unfavorable currency impact, at prevailing exchange rates, of approximately $0.35...

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