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BA owner IAG reports big rise in profit

2016-02-26 08:44:31| BBC News | Business | UK Edition

British Airways owner IAG says profits for the year rose 64% to 1.8bn (1.4bn) for the year helped in part by lower fuel prices.

Tags: big reports owner rise

 

UPDATE 1-BASF braces for lower operating profit on oil, China

2016-02-26 08:25:35| Chemicals - Topix.net

LUDWIGSHAFEN, Germany, Feb 26 BASF, the world's largest chemical company by sales, warned investors of a drop in operating income this year on weak chemical sales volumes in China and as the lower crude price weighs on its oil and gas division. Earnings before interest and tax , adjusted for one-off items, will decline slightly this year, BASF said on Friday.

Tags: china lower update operating

 
 

CIBC Raises Dividend; Profit Beats Views

2016-02-26 08:15:39| Grocery - Topix.net

Canadian Imperial Bank of Commerce, Canada's fifth-largest bank by assets, raised its dividend Thursday and reported a fiscal first-quarter profit that beat expectations even as lower crude-oil prices pinched its results.

Tags: views profit raises beats

 

Delta Galil to focus on innovation as Q4 profit falls

2016-02-25 11:32:00| Daily apparel & textile news and comment - from just-style.com

Israel-based lingerie, sleepwear and sock manufacturer Delta Galil has said the investments it made last year will enable it to continue to innovate and expand, despite posting fourth-quarter and annual profit declines. 

Tags: focus falls profit delta

 

Van de Velde CEO to leave amid FY profit hike

2016-02-24 11:46:00| Daily apparel & textile news and comment - from just-style.com

Belgian underwear group Van de Velde has seen its annual profit skyrocket thanks to increased turnover, and says CEO Ignace Van Doorselaere will stand down at the end of the year.

Tags: van leave profit ceo

 

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