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Brown-Forman Matches Profit Expectations, Gives Downbeat Outlook

2016-03-02 15:12:07| Beverages - Topix.net

Brown-Forman Corp. reported Wednesday fiscal third-quarter earnings that rose to $190 million, or 94 cents a share, from $186 million, or 87 cents a share, in the same period a year ago. That matched the FactSet earnings-per-share consensus of 94 cents.

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Maple Leaf Foods ends 2015 with a full-year profit, will hike dividend

2016-03-01 15:51:21| Food - Topix.net

Maple Leaf Foods ended 2015 with a $41.6-million profit for the full year, mostly from its fourth quarter, and will raise its quarterly dividend by 12.5 per cent. The Toronto-area food processing company - which has sold its profitable bakery business to focus on meat products - says its net income from continuing operations in the last three months of last year was $33.3 million, or 24 cents per share.

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Thai Airways sees return to profit

2016-02-29 13:28:33| BBC News | Business | UK Edition

Thai Airways posts a profit in the three months to December, reversing its fortunes from the same period a year ago and softening its full-year losses.

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Warren Buffett defends 3G, Clayton Homes as Berkshire profit grows

2016-02-27 18:05:06| Food - Topix.net

Warren Buffett on Saturday launched vigorous defenses of a private equity firm and a mobile home unit that critics say employ controversial business practices antithetical to Buffett's own at Berkshire Hathaway Inc ( In his widely-read annual letter to Berkshire shareholders, Buffett said he would do more deals with 3G Capital, a Brazilian firm with which Berkshire owns a majority of Kraft Heinz Co ( Buffett also devoted more than 1,200 words in his roughly 18,000-word letter to defending Berkshire's Clayton Homes unit, after articles in the Seattle Times accused the nation's largest mobile home builder of predatory lending and exploiting black and Latino borrowers.

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Nintendo halves profit forecast

2016-02-26 12:38:58| BBC News | Business | UK Edition

Video game giant Nintendo halves its full-year profit forecast, blaming slow sales and the strong yen.

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