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Australia's CBA posts record results

2015-08-12 02:52:44| BBC News | Business | UK Edition

The Commonwealth Bank of Australia posts a 5% rise in full-year profits to a record A$9.1bn ($6.6bn).

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Commonwealth Bank posts record $9.14b profit, seeks to raise $5b

2015-08-12 02:47:34| Automakers - Topix.net

Commonwealth Bank of Australia has launched a $5 billion rights issue to boost capital in response to regulatory pressure and has posted a full-year cash profit of $9.14 billion, up 5 per cent and the largest-ever profit by an Australian bank. CBA shares are in a trading halt ahead of the raising, which will boost CBA's closely watched common equity tier 1 capital ratio to 10.4 per cent, lifting it back to the top of the big bank pack.

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Katy Industries appoints new chairman, posts Q2 loss

2015-08-11 14:47:30| Electronics - Topix.net

Katy Industries, a manufacturer, importer and distributor of commercial cleaning and consumer storage products, reported a second-quarter net loss of $1 million, compared with a profit of $500,000 during the second quarter of 2014. The loss was attributed to the one-time costs related to the company's relocation of its Bridgeton facility to Jefferson City and the acquisition of its Tiffin, Ohio, manufacturing facility.

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Dean Foods posts mixed Q2 results

2015-08-11 14:16:02| Food - Topix.net

Dean Foods today reported a set of mixed second-quarter results with earnings beating Wall Street forecasts but sales missing analyst estimates. The US milk supplier pointed to profitability metrics that it said were at their highest since 2012 but the company's shares slid in the wake of the announcement.

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NL Industries (NL) Posts Quarterly Earnings Results, Misses Estimates By $0.82 EPS

2015-08-08 23:31:10| Furniture - Topix.net

NL Industries released its earnings results on Friday. The company reported earnings per share for the quarter, missing the Thomson Reuters consensus estimate of $0.22 by $0.82, ARN reports.

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