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Kiwi slumps on Fonterra botulism scare

2013-08-05 01:04:18| Food - Topix.net

The New Zealand dollar slumped on concern a food contamination scare at Fonterra Cooperative Group, the nation's largest dairy company, will hit exports.

Tags: scare kiwi botulism slumps

 

Orascom Telecom Slumps as Altimo Offer Withdrawn: Cairo Mover

2013-06-02 20:45:50| Telecom - Topix.net

Orascom Telecom Holding SAE dropped the most in more than six months in Egypt after billionaire Mikhail Fridman withdrew an offer to buy a 16 percent stake in the mobile phone company.

Tags: offer telecom withdrawn cairo

 
 

US: Saks Q1 profit slumps 37.8% but sales rise

2013-05-21 17:28:00| Daily apparel & textile news and comment - from just-style.com

Luxury retailer Saks has today (21 May) posted a 37.8% decline in first-quarter net profit after it was weighed down by store closing costs and debt-extinguishment losses.

Tags: sales rise profit saks

 

Vodafone says annual profit slumps on eurozone woes

2013-05-21 12:24:27| Telecom - Topix.net

British mobile phone giant Vodafone said on Tuesday that annual net profit plunged 90 per cent after it took a vast 7.7-billion pounds impairment charge relating to its businesses in debt-laden Eurozone nations Italy and Spain.

Tags: annual profit vodafone woes

 

Post Net Slumps 51% on Higher Costs

2013-05-13 17:02:56| Agriculture - Topix.net

Post Holdings Inc.'s fiscal second-quarter earnings slumped 51%, sharply missing Street views, as the cereal maker reported slightly lower sales, coupled with higher input costs and interest expense.

Tags: net post costs higher

 

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