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UPDATE 1-Bunge quarterly profit misses forecasts on lower agribusiness results
2015-07-31 00:31:50| Agriculture - Topix.net
Bunge Ltd, one of the world's largest agricultural commodities traders, reported a lower quarterly profit on weak year-on-year returns in its agribusiness segment and poor food and ingredients margins. The White Plains, New York-based company said weak Canadian canola processing margins and lower European softseed margins were largely to blame for the 57-percent earnings drop in agribusiness, its largest segment in terms of revenue.
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Broadcom misses Street 2Q forecasts
2015-07-30 23:56:53| Semiconductors - Topix.net
Broadcom Corp. on Thursday reported second-quarter net income of $386 million, after reporting a loss in the same period a year earlier. The Irvine, California-based company said it had net income of 63 cents per share.
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broadcom
Coca-Cola Enterprises beats Street 2Q forecasts
2015-07-30 17:12:12| Beverages - Topix.net
The Atlanta-based company said it had profit of 75 cents per share. Earnings, adjusted for non-recurring costs and restructuring costs, were 79 cents per share.
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Time Warner Cable misses Street 2Q forecasts
2015-07-30 15:26:03| Telecom - Topix.net
Time Warner Cable Inc. on Thursday reported a drop in second-quarter profit as higher costs offset a boost in subscriber growth. The cable company reported a 7.2 percent drop in profit to $463 million, or $1.62 per share.
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Bunge quarterly profit misses forecasts on lower agribusiness results
2015-07-30 13:12:10| Agriculture - Topix.net
Bunge Ltd, one of the world's largest agricultural commodities traders, reported a lower quarterly profit on weak year-on-year returns in its agribusiness segment and poor food and ingredients margins. The White Plains, New York-based company reported a net second-quarter profit of $72 million, or 50 cents share, compared with $272 million, or $1.81 a share, a year earlier.
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