KMG Chemicals declares regular quarterly dividend of 2 cents per share, payable Sept. 18August 21st, 2009 KMG Chemicals declares regular quarterly dividendHOUSTON — Chemicals maker KMG Chemicals Inc. said Thursday its board approved a regular quarterly dividend of 2 cents per share.
Earnings roundup: Broadridge Financial 4Q profit jumps 20 percent, Fossil earnings drop in 2QAugust 11th, 2009 Earnings roundup: Broadridge Financial, FossilAmong the earnings stories for Tuesday, Aug. 11, from AP Financial News:
LAKE SUCCESS, N.Y.
Consumer products giant Unilever says Q2 profit down 17 percentAugust 6th, 2009 Unilever Q2 profit down 17 percentAMSTERDAM — Unilever NV PLC, the maker of Dove soap, Lipton tea and Ben & Jerry's ice cream, says profit fell 17 percent in the second quarter as its margins were eroded by the economic downturn. Net profit was euro758 million, or $1.09 billion, in the quarter, down from euro909 million in the same period a year earlier, while sales rose 1.0 percent to euro10.5 billion.
BASF says 2Q net profit narrows to €343 million from €1.3 billion year earlierJuly 30th, 2009 BASF's 2Q net profit narrows to €343 millionBERLIN — German chemical company BASF SE warned of a significant drop in sales and earnings this year and said its second-quarter net profit plummeted nearly 74 percent to €373 million ($526.1 million). The recession cut into sales and its acquisition of specialty chemicals firm Ciba also hit profits.
Nintendo profit down 60.6 percent in April-June on fewer hit titles, stronger yenJuly 30th, 2009 Nintendo profit down 60.6 percent in April-JuneTOKYO — Nintendo Co. reports that its net profit tumbled 60.6 percent in the April-June quarter from last year, hurt by a stronger yen and fewer blockbuster games.
Paint maker Akzo Nobel reports 13 percent fall in net profit in 2nd quarterJuly 29th, 2009 Akzo Nobel net profit down 13 percent in Q2AMSTERDAM — Akzo Nobel NV, the world's largest maker of paint, reported Wednesday a 13 percent fall in second-quarter profit, citing weak demand amid the economic downturn, but shares jumped on news that cost-cutting and lower raw materials costs had preserved margins. Net profit was €155 million ($220 million), down from €201 million in the same period a year ago but still better than analyst expectations.
Earnings roundup: US Steel posts loss as steel demand falls; Supervalu profit falls, cuts viewJuly 28th, 2009 Earnings roundup: US Steel, SupervaluAmong the earnings stories for Tuesday, July 28, from AP Financial News:
PITTSBURGH (AP) — United States Steel Corp., the largest U.S.-based steel maker, said Tuesday it lost $392 million during its second quarter as the global recession hurt orders for the metal. MINNEAPOLIS (AP) — Grocery chain Supervalu Inc.
Dutch telecom KPN says Q2 profit rises 4.8 percent, sees weak demand from corporate customersJuly 23rd, 2009 Dutch telecom KPN's Q2 profit up 4.8 pctAMSTERDAM — Royal KPN NV, the largest Dutch telecommunications company, said Thursday its net profit rose 4.8 percent in the second quarter due to growth at its German mobile telephone business and better margins in the Netherlands. Net profit was euro370 million ($526 million), up from euro353 million.
Whirlpool 2nd-quarter profit falls on softer consumer demand for home appliancesJuly 22nd, 2009 Whirlpool 2Q profit falls on lower consumer demandBENTON HARBOR, Mich. — Whirlpool, the world's largest maker of major home appliances, says its second-quarter profit fell 33 percent as consumer demand for its products significantly weakened.
German tire, car parts maker Continental says pretax profit down 91 pct in 2QJuly 20th, 2009 Continental says 2Q pretax slips 91 pctFRANKFURT — German tire and car parts maker Continental AG said Monday that its pretax profit slid 91 percent during the second quarter as sales slowed on weaker demand from auto makers. In a preliminary estimate, the Hannover-based maker of tires, brakes, electronics and other auto components said earnings before interest and taxes in the April-June period fell to euro39 million ($54 million) compared with euro456 million during the same period a year earlier.
Herman Miller 4th quarter profit falls, hurt by weak furniture demandJune 24th, 2009 Herman Miller fiscal 4th-quarter profit fallsZEELAND, Mich. — Furniture maker Herman Miller Inc.
Consumer products maker Unilever reports 45 percent fall in 1st-quarter net profit, sales dipMay 8th, 2009 Unilever first-quarter net profit falls 45 percentAMSTERDAM — Unilever NV, the maker of consumer products such as Dove soaps and Ben & Jerry's ice cream, has reported a 45 percent fall in net profit for the first quarter, as sales dipped and restructuring costs increased. The company says net profit was euro731 million, down from euro1.34 billion.
Dutch telecom KPN says 1Q earnings fell on flagging demand for IT servicesApril 28th, 2009 Dutch telecom KPN reports dip in 1Q earningsAMSTERDAM — Royal KPN NV, the Dutch telecommunications company, said Tuesday first quarter net profit fell 5.3 percent because of a fall in demand at its IT services arm, which helps companies build and maintain their computer networks. Net profit was euro317 million ($413 million), down from euro335 million in the same period a year earlier.
German pharma, chemical company Merck sees 1st-quarter net profit drop 76 percentApril 27th, 2009 Merck 1Q net profit falls 76 percentFRANKFURT — German pharmaceutical and chemical company Merck KGaA said Monday that its first-quarter net profit dropped by 76 percent as demand for chemicals in particular declined. Darmstadt-based Merck said net profit for the January-March quarter fell to euro57 million ($75 million) from euro239 million a year earlier.
Swedish truck maker Scania's 1Q profit down 93 percent because of falling demandApril 27th, 2009 Sweden's Scania 1Q profit falls 93 percentSTOCKHOLM — Swedish truck and bus maker Scania AB on Monday reported a 93 percent drop in first-quarter net profit, as the global financial crisis continued to weigh on demand and capacity utilization. Net profit for the first quarter was 179 million kronor ($22.1 million), down from 2.5 billion kronor in the same period last year, Scania said.
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