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Smithfield Foods profit soars

2015-03-25 15:32:16| Food - Topix.net

Smithfield Foods Inc. said its fourth-quarter earnings surged as the pork processor continued to benefit from strong demand for bacon and other packaged meats products. The largest hog producer and pork processor in the U.S. has been spending more heavily in its packaged-food business, where products have higher margins than sales of raw pork to grocers or restaurants.

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Smithfield Foods Profit Soars, Buoyed by Packaged Meats Sales

2015-03-25 14:32:07| Food - Topix.net

Smithfield Foods Inc. said its fourth-quarter earnings surged as the pork processor continued to benefit from strong demand for bacon and other packaged meats products.

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19 companies' profit set to implode

2015-03-25 12:30:16| Toys - Topix.net

Look out below! Corporate profit growth is forecasted to crumble in the first quarter - and some companies' profit is expected to absolutely implode. There are 19 companies in the Standard & Poor's 500, including toymaker Mattel , oil company EOG Resources and online retailer Amazon.com where analysts expect adjusted profit for the first calendar quarter to fall 90% or more from the same period of 2014 - or swing from a profit to a loss, according to a USA TODAY review of data from S&P Capital IQ.

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Christopher & Banks returns to profit in Q4

2015-03-25 11:46:00| Daily apparel & textile news and comment - from just-style.com

US women's wear retailer Christopher & Banks has said it will continue to execute on its strategic initiatives, after returning to profit during the fourth quarter, despite a challenging and promotional trading environment.

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H&M Profit Tops Estimates as Retailer Extends Offering

2015-03-24 22:13:39| Appliances - Topix.net

2 clothing retailer, reported first-quarter profit that beat analysts' estimates as the company cut back on discounting without harming sales or market share. Net income rose 36 percent to 3.61 billion kronor in the three months ended Feb. 28, the Stockholm-based company said in a statement Tuesday.

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