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Brown-Forman posts higher 1st-quarter profit
2015-08-26 21:29:09| Food - Topix.net
Brown-Forman Corp., the producer of Jack Daniel's Tennessee Whiskey, said Wednesday that its first-quarter net income rose 4 percent, driven by sales growth across much of its spirits lineup to overcome a negative impact from foreign exchange. The company behind such other brands as Southern Comfort, Finlandia vodka and el Jimador tequila said foreign exchange had a 9 percentage point negative impact on its reported net sales growth.
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Cedar Woods posts record profit
2015-08-26 06:23:02| Telecom - Topix.net
Cedar Woods Properties has posted a record full-year profit of $42.6 million, up 5.6 per cent on the previous year. The result was achieved on revenue of $178.6 million, which was off 17 per cent on the previous year.
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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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Exxon Mobil posts 2Q profit of $4.19 billion, result misses forecasts
2015-07-31 15:44:15| Chemicals - Topix.net
The results fell short of Wall Street expectations, but Exxon does not adjust its reported results based on one-time events such as asset sales. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share.
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Ford posts record profit of $2.6b in North America
2015-07-29 05:42:36| Automakers - Topix.net
Ford Motor Co. 's net income jumped 44 per cent to $1.9 billion in the second quarter as global sales rose and customers paid more for new trucks and SUVs with premium features.
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