By Joe Hoppe Countryside Properties PLC said on Tuesday it recorded a pre-tax profit for fiscal 2021 due to an increase in homes sold and in prices. The UK home builder reported pre-tax profit of £ 85.4million ($ 113.7million) for the year ended September 30, compared with a loss of £ 1.9million in the fiscal […]
By Anthony O. Goriainoff Future PLC said on Tuesday that profit for fiscal 2021 increased as revenue increased, and raised its guidance for fiscal 2022. The UK digital media group said for the fiscal year ended September 30, profit before tax was 107.8million pounds ($ 143.5million), compared to 52.0million pounds for the fiscal year. 2020. […]
By Joe Hoppe AG Barr PLC said on Monday that the positive performance first disclosed in September has continued and that it now expects revenue and pre-tax profit for fiscal 2022 to exceed market expectations. The UK beverage company, which houses IRN-BRU, Rubicon and Funkin among its brands, said for the year ending Jan. 30 […]
SOFIA (Bulgaria), November 29 (SeeNews) – Bulgarian poultry producer Gradus [BUL:GR6] said on Monday that its consolidated net profit rose to 21.5 million lev ($ 12.4 million / 11.0 million euros) in the first nine months of 2021, from 15.2 million lev in the during the same period of 2020. Revenue increased to some 121.6 […]
83rd consecutive year of program for team members Hormel Foods Corporation distributed its annual profit sharing to eligible hourly and salaried team members during this 83e consecutive grant this week. “This day is special for our whole team after a difficult year, just so we can show that we appreciate everyone, say ‘thank you’ and […]
AUSTIN, Minnesota., November 24, 2021 / PRNewswire / – Hormel Foods Corporation (NYSE: HRL), a branded global food company, today distributed its annual profit sharing to eligible hourly members and employees of the team during this 83e consecutive grant. “There are a lot of things that make Hormel Foods rare, including our portfolio of global […]
AUSTIN – Hormel Foods Corp. shares the wealth throughout the 83rd consecutive year of its profit-sharing program. The Austin-based company on Wednesday distributed a portion of its profits to eligible hourly and salaried employees. The profit-sharing program is paid voluntarily at the discretion of the company’s board of directors each year and has become an […]
Autodesk, Inc. (NASDAQ: ADSK), the market leader in design software, on Wednesday reported better-than-expected earnings and revenue for the third quarter of 2022. The numbers beat analyst estimates. The company also provided guidance for the fourth quarter and fiscal 2022. The San Rafael, Calif.-Based tech company reported adjusted earnings of $ 1.33 per share for […]
AUSTIN – Hormel Foods Corp. shares the wealth through the 83rd consecutive year of its profit sharing program. The Austin-based company on Wednesday distributed a share of its profits to hourly and qualifying employees. The profit sharing program is paid voluntarily at the discretion of the company’s board of directors each year and has become […]
November 24 – AUSTIN – Hormel Foods Corp. shares the wealth for the 83rd consecutive year of its profit sharing program. The Austin-based company on Wednesday distributed a share of its profits to hourly and qualifying employees. The profit sharing program is paid voluntarily at the discretion of the company’s board of directors each year […]
AUSTIN, Minnesota., November 24, 2021 / PRNewswire / – Hormel Foods Corporation (NYSE: HRL), a branded global food company, today distributed its annual profit sharing to eligible hourly members and employees of the team during this 83e consecutive grant. “There are a lot of things that make Hormel Foods rare, including our portfolio of global […]
By Joe Hoppe Big Yellow Group PLC said Monday that its profit and pre-tax income for the first half of the year both increased significantly thanks to improved occupancy and higher valuations of its properties. The UK self-storage company made pre-tax profit of £ 254.9million ($ 342.8million) for the six-month period ended September 30, up […]
Nvidia Corporation (NASDAQ: NVDA) announced a 50% increase in revenue in the third quarter, reflecting strong demand for data centers and gaming chips. Profits and revenues exceeded Wall Street expectations. The graphics chip maker reported adjusted earnings of $ 1.17 per share for the October quarter, down from $ 0.73 per share a year earlier. […]
By Adriano Marchese Loblaw Cos. reported a 32% increase in third-quarter profits as strong sales at the company’s pharmaceutical business helped drive revenue growth during the period. The Canadian food retailer on Wednesday said its earnings per share were C $ 1.27 (C $ 1.01), down from C $ 0.96 in the same quarter a […]
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Food products produced by Israeli company Strauss Group are on display at a press conference in Tel Aviv, Israel, March 13, 2019. REUTERS / Tova Cohen / File Photo Register now for FREE and unlimited access to reuters.com Register JERUSALEM, Nov. 16 (Reuters) – Israeli food maker Strauss Group (STRS.TA) on Tuesday reported an increase […]
Update: November 16, 2021, 4:35 p.m. A profit-sharing plan is a type of retirement savings plan that allows workers to share in the profits of their business. Businesses of all sizes can offer profit sharing plans. But, unlike most types of retirement accounts, workers cannot contribute to these plans themselves. If your employer offers a […]
IT provider Kainos reported a jump in first half earnings and earnings on Monday amid “strong” market demand. In the six months to the end of September, profit before tax rose 3% to £ 24.8million, with adjusted profit before tax of 12% up to £ 29.2million. Turnover increased 33% to £ 142.3million and the interim […]
Former Comic Relief Creative Director and Executive Producer Mel Crawford has launched a new independent production company, Goat Films, and secured his first major prime-time order from ITV. The entertainment and comedy indie aims to “disrupt standard industry working policies as much as possible and make Goat Films a new model.” Along with the company’s […]
KUALA LUMPUR (November 15): Bahvest Resources Bhd saw its net profit for the second quarter ended September 30, 2021 (2QFY22) six-fold to RM 9.01 million, compared to RM 1.45 million for the same quarter of last year, lower income higher. Quarterly revenue climbed 63.24 percent to RM 43.65 million from RM 26.73 million previously, the […]
TEN, Ltd. announced long-term charters for two VLCCs from major oil companies. The contracts, with a minimum term of three to a maximum of five years, incorporate profit-sharing provisions and are expected to generate gross revenues in excess of $110 million over their maximum term, excluding additional revenues that may arise from profit share. “We […]
ATHENS, Greece, November 12, 2021 (GLOBE NEWSWIRE) – TEN, Ltd (“TEN” or the “Company”) (NYSE: TNP) today announced the long-term charter of two VLCCs from major oil companies . The contracts, with a minimum term of three to a maximum of five years, include provisions for profit sharing and are expected to generate gross income […]
By Mauro Orru Hapag-Lloyd AG saw a strong increase in profits and sales in the third quarter thanks to higher freight rates, as disruptions in global supply chains continued to restrict transportation capacity. The German shipping company said on Friday that its quarterly net profit climbed to 2.83 billion euros ($ 3.24 billion) from 250.9 […]
By Joe Hoppe The actions of iEnergizer Ltd. rose on Thursday, after he said first-half earnings and income rose significantly – exceeding his own expectations – and increased his interim dividend. Shares at 08:49 GMT were up 32.0 pence, or 12% to 294.0 pence. The technology and media services company said that for the six-month […]
By Sabela Ojea Burberry Group PLC released its results for the first half of fiscal 2022 on Thursday. Here’s what we looked at: OPERATING PROFIT: The UK luxury goods company reported operating profit for the six-month period ended September 25 of £ 207.5million, compared to £ 88.1million. It is expected to reach £ 177million, according […]
By Sabela Ojea Shares of Burberry Group PLC fell on Thursday after the company said performance fell in China in August and the EMEA region in the first half of fiscal 2022 due to a significant drop in tourist flows. Shares at 1002 GMT were down 6.8% to 1,833.00 pence. The UK luxury goods company […]
By Sabela Ojea Burberry Group PLC is expected to release its results for the first half of fiscal 2022 on Thursday. Here’s what you need to know: OPERATING PROFIT FORECAST: Luxury goods company FTSE 100 is expected to post operating income of 177 million pounds ($ 240 million) for the six-month period ended Sept. 30, […]
JMX Group LTD (X) missed estimates for the third quarter despite double-digit profit and revenue growth. The Canadian financial services company operates the Toronto Stock Exchange (TSX). (To see Insider Hot Stocks on TipRanks) Revenues and profits Revenue for the third quarter of 2021 was C$231.3 million, an 11% increase from the C$207.6 million reported […]
By Mauro Orru Infineon Technologies AG on Wednesday posted higher profits and revenues in the fourth quarter of fiscal 2021 as it continued to benefit from strong semiconductor demand, and said it expects a solid year 2022. The German chipmaker said its net profit for the quarter ended Sept. 30 climbed to 464 million euros […]
By Anthony O. Goriainoff Electrocomponents PLC said on Thursday that profit and pre-tax revenue increased in the first half of its 2022 fiscal year and continued to record good momentum across all regions in the first five weeks of the second half. Industrial and electronics distributor FTSE 250 said for the six-month period ended September […]
By Anthony O. Goriainoff Gattaca PLC shares fell on Thursday after the company said revenue and adjusted pretax profit fell for fiscal 2021. Shares at 08:30 GMT were down 24.50 pence, or 12%, to 182.50 pence. For the fiscal year ended July 31, profit before tax was 2.2 million pounds ($ 3 million) compared to […]
Incentive plans are tax-advantaged retirement plans offered by employers where they contribute to the account based on the profitability of the business. Employers who participate in a profit-sharing plan increase the amount they can contribute to an employee’s retirement while reducing their tax liability. Employers can also pay themselves as a part owner of the […]
By Dave Sébastien Atlas Air Worldwide Holdings Inc. said its profits and revenues increased for the third quarter as the company moves into what it sees as a strong air cargo market. The outsourced aircraft and aviation operations service provider posted net profit of $ 119.5 million on Wednesday, from $ 74.1 million a year […]
By Dave Sebastian Mondelez International Inc. said its earnings and revenues increased for the third quarter on the strength of its developed and emerging markets, although it expects high inflation and logistical volatility to persist. The snack giant behind Oreo cookies, Toblerone chocolate and Sour Patch Kids candy on Tuesday posted a net profit attributable […]
Pfizer is once again raising sales expectations for its best-selling COVID-19 vaccine, and its first preview of 2022 is also well above Wall Street forecasts. The drugmaker said on Tuesday it now plans to generate around $ 36 billion in revenue from Comirnaty this year. This is about 7% more than what Pfizer expected in […]
By Dave Sébastien Franklin Resources Inc. said it expects profits and revenues to increase in its fiscal fourth quarter, capping the first full year of results since closing its acquisition of Legg Mason. The investment management firm operating as Franklin Templeton on Monday reported preliminary net income attributable to the company of $ 665.7 million, […]