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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.
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
Kellogg posts $293m net loss - Special K and Kashi drag down business
2015-02-13 20:40:08| Agriculture - Topix.net
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. Net income for the fourth quarter plummeted $1.1bn to losses of $293m, down from net profits of $819m for the previous year - a drop of 136%.
Tags: net
business
special
down
Waste-to-Energy Firm Covanta Posts Net Loss for Quarter, Year
2015-02-13 11:00:00| Waste Age
Waste-to-Energy Firm Covanta Holding Corp. reported net losses for the fourth quarter and year, although its revenues increased. read more
Statoil posts quarterly loss amid oil price slump
2015-02-06 10:59:52| Oil & Gas - Topix.net
Norwegian energy group Statoil ASA says it will cut back on investments and costs as the slump in oil prices prompted a loss in the fourth quarter despite higher production. Statoil's net loss in the fourth quarter was 8.9 billion kroner compared to a profit of 14.8 billion kroner in the same period in 2013.
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