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MGPI reports profit, seeks better results for ingredients

2014-11-14 21:23:51| Agriculture - Topix.net

Even though operating income slipped in its ingredients solutions business, MGP Ingredients recorded net income of $6.2 million, or 34 per share, in the third quarter ended Sept. 30. The Atchison, Kansas, U.S.-based company suffered a net loss of $6.3 million in the previous year's third quarter.

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Applied Materials' Q4 profit up $107M; misses on Q1 profit projections

2014-11-14 19:02:43| Semiconductors - Topix.net

Applied Materials Inc. - a company that makes the machines that make computer chips - reported Thursday a 58 percent rise in fourth-quarter profits but the company's projections for the next quarter fell short of what analysts expected. The California-based technology company that employs about 2,500 workers in Austin posted a profit of $290 million, or 23 cents per share, on revenue of $2.2 billion.

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Vardhman Textiles Q2 profit slides 48.4%

2014-11-14 16:35:00| Daily apparel & textile news and comment - from just-style.com

Indian yarn manufacturer Vardhman Textiles has seen its second-quarter profit plummet 48.4% after sales growth was offset by lower margins.

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Lenzing optimistic despite 9-month profit slump

2014-11-14 16:09:00| Daily apparel & textile news and comment - from just-style.com

Austrian cellulosic fibre producer Lenzing Group posted a significant decline in net profit for the first nine months of 2014, due to lower average selling prices.

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Woven performance boosts Ciel Textiles Q1 profit

2014-11-14 14:12:00| Daily apparel & textile news and comment - from just-style.com

An improved performance at its woven cluster helped Ciel Textiles, the Mauritius-listed clothing business which supplies a number of European retailers, to record an increase in first-quarter net profit.

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