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UPDATE 1-Tate & Lyle posts higher profit on speciality ingredients boost

2015-11-05 11:42:47| Food - Topix.net

British food ingredients maker Tate & Lyle Plc reported a 28 percent surge in first-half profit, in a sign that performance may be stabilizing following troubles last year. The company, which sells sweeteners and other ingredients to packaged food and drink makers, said on Thursday adjusted profit before tax rose to 103 million pounds in the six months ended Sept.

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Whirlpool Posts Higher Quarterly Profit

2015-10-23 14:12:39| Appliances - Topix.net

Whirlpool NYSE:WHR) posted a higher quarterly net profit on Friday as benefits from costs and capacity reductions, acquisitions, and favorable price-mix offset declining demand in Latin America and unfavorable currency exchange rates, the company said. The world's largest maker of home appliances reported third-quarter net income at $235 million, up from $230 million a year ago.

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United, swirling in CEO uncertainty, posts higher profits

2015-10-23 08:34:25| Railroads - Topix.net

Chicago-based United Continental Holdings, parent of United Airlines, on Thursday reported higher profits in the third quarter than the same period last year, but its earnings fell short of Wall Street expectations. The airline company has endured massive upheaval in its top ranks since its July quarterly earnings report, with three CEOs guiding the company over the past seven weeks.

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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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La-Z-Boy Posts Higher Q1 Profit

2015-08-19 03:19:08| Furniture - Topix.net

The Monroe, Michigan-based company posted net income of $13.7 million, or $0.27 per share, compared to $13.1 million, or $0.25 per share, in the year-ago quarter. Its sales rose 4.4 percent year-over-year to $341.4 million.

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