PepsiCo 3rd-quarter profit rises 9 percent on cost-cutting efforts even as sales declineOctober 8th, 2009 PepsiCo 3Q profit climbs on cost cuts; sales fallMILWAUKEE — PepsiCo Inc. said Thursday that its fiscal third-quarter profit rose 9 percent, in part on cost-control efforts, even as revenue dropped on weak beverage sales.
PepsiCo tweaks discount timing to keep consumers spending, sees price as key for long termOctober 8th, 2009 PepsiCo: Consumers will keep focus on low pricesMILWAUKEE — Bearing in mind that consumers will remain focused on low prices even when the recession ends, soft drink and snack maker PepsiCo Inc. said Thursday that it's creating new products at lower prices and plans to continue offering discounts in its Frito-Lay and beverage businesses.
Porsche Cars North America September sales rise 8 pct, a 2nd consecutive monthly increaseOctober 1st, 2009 September Auto Sales: Porsche Cars North AmericaATLANTA — Porsche Cars North America Inc. said Thursday its September auto sales rose 8 percent, the second month in a row Porsche reported a rise.
Airline trade group says US carriers' August revenue fell 21 percent from August 2008September 21st, 2009 Airline trade group says August revenue fell in USWASHINGTON — A U.S. airline trade group said Monday that its members' passenger revenue fell 21 percent in August over year-earlier results as carriers dropped prices by double-digit percentages and passenger volume continued to fall.
Air Transport Association says US carriers saw big drop in July passenger revenueAugust 21st, 2009 Air passenger revenue saw big July dropWASHINGTON — Passenger revenue based on a sample group of carriers fell 21 percent in July compared with the same month a year ago, a trade group for U.S. airlines said Thursday.
Ciber completes $155 million credit financing deal with multiple banksAugust 21st, 2009 Ciber completes credit financing dealGREENWOOD VILLAGE, Colo. — Ciber Inc., facing tougher terms on its borrowing, said Thursday it completed a 3-year, $155 million financing package led by Bank of America.
Compass Minerals declares regular quarterly dividend of 35.5 cents, payable Sept. 15August 13th, 2009 Compass Minerals sets 35.5-cent quarterly dividendOVERLAND PARK, Kan. — Compass Minerals International Inc.
Cadbury 1H profit nearly triples on gain from former beverage businessJuly 29th, 2009 Cadbury 1H profit nearly triplesLONDON — Candy and gum maker Cadbury PLC tripled its net profit in the first half of the year compared to the same period a year ago, with results boosted by a strong gain from its discontinued beverage business. The company, which makes Cadbury chocolates, Trident and Dentyne gum, and Halls and Bassett's candies, said Wednesday that net profit was 313 million pounds ($513 million), compared to 113 million pounds a year earlier.
Qwest Communications 2nd-quarter earnings rise 18 percent, helped by tax benefitJuly 29th, 2009 Qwest 2Q earnings rise 18 pct on tax benefitDENVER — Qwest Communications International's second-quarter earnings rose 18 percent due to a tax benefit, even as revenue continued to slide. Qwest's net income for the period was $212 million, or 12 cents per share, up from $180 million, or 10 cents per share, in the same quarter a year ago.
Shares in catering company Compass fall after it forecasts flat FY revenue growthJuly 23rd, 2009 Compass forecasts flat FY revenue growthLONDON — Shares in Compass Group PLC, the world's biggest catering company, dropped nearly 8 percent after the world's biggest catering company said it expects revenue growth this year to be essentially flat — up only 1 percent. The company said that economic conditions in North America, continental Europe, Britain and Ireland were difficult over the nine months to June 30.
Whirlpool North America president Mike Todman sees small pent-up consumer demandJuly 22nd, 2009 On the Call: Whirlpool NA President Mike TodmanDuring the recession, amid job uncertainty and falling home prices, concerned consumers have put off buying many big-ticket items. Whirlpool Corp., the world's largest manufacturer and marketer of major home appliances, reported Wednesday that its second-quarter revenue dropped 18 percent from the same period last year, including a 17 percent dip in North America.
Mitsubishi North America sales drop nearly 42 percent in JuneJuly 1st, 2009 Mitsubishi North America sales drop in JuneCYPRESS, Calif. — Mitsubishi Motors North America said Wednesday its sales dropped 41.7 percent in June compared with the same month a year ago, although sales fell at a slower pace than in the previous month.
News Corp. 3rd-quarter net up 1 percent on NDS sale, tax gainsMay 9th, 2009 News Corp. 3Q net profit up 1 percentLOS ANGELES — Media conglomerate News Corp. says its third-quarter profit grew 1 percent to $2.72 billion.
Live Nation 1st-qtr loss widens, revenue hurt by drop in N. America concert attendanceMay 8th, 2009 Live Nation 1Q loss widens as attendance dropsLOS ANGELES — Concert promoter Live Nation says its first-quarter loss widened as fewer people attended concerts in its core North America market. Live Nation Inc.
Advertising company WPP reports fall in 1Q revenue and weak outlook; shares fallApril 28th, 2009 WPP shares fall on revenue dropLONDON — Shares in Britain's WPP Group PLC, the world's largest advertising company by revenue, dropped on Tuesday after the company reported a fall in first quarter revenue and said it would not meet its full year forecasts. WPP, which owns Ogilvy & Mather, Young & Rubicam and Hill & Knowlton, said the economic downturn was most keenly felt in the United States, where clients cut spending in reaction to the global financial crisis.
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