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U.S. Farmers Watch $100 Billion-a-Year Profit Fade Away
2015-02-10 10:48:33| Industrial Machines - Topix.net
The squeeze on U.S. farmers is getting worse as low crop prices and rising costs erode incomes that not long ago were the highest ever. Illinois grower Jason Lay said he will buy 30 percent less fertilizer for his 2,500 acres of corn and soybeans, and 7 percent fewer seeds for spring planting.
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Japan's SoftBank third quarter profit slips 5.9 percent, no end to Sprint costs
2015-02-10 08:58:59| IT Services - Topix.net
Japan's SoftBank Corp said on Tuesday its third-quarter operating profit slid 5.9 percent, missing estimates, as the ambitious mobile telecom firm continues to soak up the cost of trying to turn around loss-making U.S. unit Sprint Corp. SoftBank, which took over the number 3 U.S. carrier for more than $20 billion in 2012, said October-December operating profit was 191.39 billion yen , down from 203.46 billion yen a year ago. That trailed the 219.08 billion yen average of five analysts' estimates compiled by Thomson Reuters StarMine.
Japan's SoftBank third quarter operating profit slips 5.9 percent as Sprint costs weigh
2015-02-10 08:21:04| Telecom - Topix.net
Japan's SoftBank Corp said on Tuesday its third-quarter operating profit slid 5.9 percent, missing estimates, as the ambitious mobile telecom firm continues to soak up the cost of trying to turn around loss-making U.S. unit Sprint Corp. SoftBank, which took over the number 3 U.S. carrier for more than $20 billion in 2012, said October-December operating profit was 191.39 billion yen , down from 203.46 billion yen a year ago. That trailed the 219.08 billion yen average of five analysts' estimates compiled by Thomson Reuters StarMine.
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Brazil's Sao Martinho profit jumps 66 pct on sugar and energy sales
2015-02-10 08:11:54| Sugar Industry News
Brazil's Sao Martinho sugar and ethanol group said October-to-December net profit grew 66 percent from a year ago to 54.6 million reais ($19.7 million), crediting improved sales of sugar and biomass electricity.
Tags: sales
energy
profit
sugar
Tate & Lyle shares take A 400m hit after profit warning
2015-02-10 07:51:47| Food - Topix.net
Lower prices for Chinese sucralose led to a big drop in Tate & Lyle's profits - and the first of three profit warnings - a year ago Nearly A 400m was wiped from Tate & Lyle's stock value on Friday after it issued its third profit warning in a year. The company said it expected profits to be modestly below the A 230m-A 245m range it predicted in September - itself a downward revision of an earlier full year profit forecast of A 322m .
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