Railway earnings up 6.65 percent in first halfOctober 7th, 2009 NEW DELHI - Despite the economic slowdown, Indian Railways saw its earnings rise 6.65 percent to Rs. 40,910 crore during the first half year of this fiscal ended Sep 30 from Rs.38,358 crore in the like period of last fiscal.
Immigrant deaths near the US-Mexico border at a glanceOctober 2nd, 2009 Immigrant deaths near the US-Mexico borderThe number of immigrants who died while crossing the U.S.-Mexico border:
— 492 in fiscal year 2005
— 454 in fiscal year 2006
— 398 in fiscal year 2007
— 390 in fiscal year 2008
— 378 in fiscal year 2009-x
x-2009 figure includes deaths through Aug. 31. Deaths in September, the last month of the fiscal year, haven't yet been totaled.
Smithfield Foods shares fall, CEO sells 100,000 shares for personal reasonsOctober 1st, 2009 Smithfield's shares fall, CEO sells 100,000 sharesMILWAUKEE — Shares of Smithfield Foods Inc. fell Thursday after the nation's largest hog producer and pork processor said its CEO sold 100,000 shares this week "to meet personal financial obligations," according to the company.
Smithfield Foods closes 21.7 million stock offer at $13.85 per shareSeptember 22nd, 2009 Smithfield closes stock offering of 21.7M sharesSMITHFIELD, Va. — Pork processor and hog producer Smithfield Foods Inc.
Brown University reports steep drop in value of endowment; down 27 percentSeptember 10th, 2009 Brown University reports steep drop in endowmentPROVIDENCE, R.I. — Brown University is reporting a steep drop in its endowment.
Smithfield Foods posts bigger fiscal 1st-quarter loss on hefty chargesSeptember 8th, 2009 Smithfield posts larger 1Q loss on big chargesMILWAUKEE — The nation's largest pork producer, Smithfield Foods Inc. said Tuesday it posted a bigger first-quarter loss as one-time charges and lower domestic hog prices hurt results, despite curtailed production.
FedEx CEO's compensation package fell 26 pct to $7.7M in fiscal 2009 amid layoffs, pay cutsAugust 18th, 2009 FedEx CEO compensation fell 26 pct in fiscal 2009NEW YORK — The top executive at FedEx Corp. saw his total compensation package drop by about 26 percent to $7.7 million in fiscal 2009 — a year in which thousands of employees were laid off and others took pay cuts, an Associated Press analysis shows.
Campbell Soup expects fiscal 2009 adjusted profit growth above long-range targetJuly 15th, 2009 Campbell Soup says 2009 profit to top targetCAMDEN, N.J. — Campbell Soup says it expects its fiscal 2009 profit growth to exceed its long-range target of 5 percent to 7 percent.
Recovery dependent on global turnaround: MukherjeeJuly 6th, 2009 NEW DELHI - Finance Minister Pranab Mukherjee Monday said recovery of Indian economy in the current fiscal would be difficult unless there were visible improvements in the global economic scenario. Speaking to a television channel after presenting the union budget for 2009-10, Mukherjee said the economy would likely recover in the third quarter of 2009-10, but if the western economies did not improve, we will take a longer period.
Smithfield Packing, union agree on contract at huge NC plant, schedule vote to start June 30June 26th, 2009 Smithfield Packing, union agree on NC contractTAR HEEL, N.C. — Smithfield Packing Co.
NTPC's annual profit up Rs.786 croreMay 22nd, 2009 NEW DELHI - The state-owned power utility NTPC Ltd, formerly National Thermal Power Corp, posted a net profit after tax of Rs.8,201 crore in 2008-09 against Rs.7,415 crore netted the last fiscal, an increase of Rs.786 crore, the company announced Friday. Total income increased from Rs.40,018 crore 2008-09 to Rs.45,273 crore the previous fiscal, NTPC said in a regulatory statement.
Infosys declares 270 percent final dividendApril 15th, 2009 BANGALORE - Infosys Technologies Ltd has declared a final dividend of Rs.13.50 per share, which is 270 percent on par value of Rs.5 per share, for the just-concluded fiscal 2008-09. In a regulatory filing Wednesday, the IT bellwether said it had made a provision of Rs.7.73 billion (Rs.773 crore) for the dividend payout after the approval by the shareholders at its annual general meeting in June 2009.
Infosys net up 28.5 percent for fiscal 2009April 15th, 2009 BANGALORE - Infosys Technologies Ltd posted a consolidated net profit of Rs.59.88 billion (Rs.5,988 crore) for fiscal 2008-09, registering 28.5 percent year-on-year (YoY) growth as per the Indian accounting standard. In a regulatory filing Wednesday, the IT bellwether said consolidated income for the fiscal year under review (FY 2009) was Rs.216.93 billion (Rs.21,693 crore), posting 30 percent YoY growth under the Indian accounting standard.
Hindustan Aeronautics sales up 19 percent in 2008-09April 1st, 2009 BANGALORE - State-run defence behemoth Hindustan Aeronautics Ltd (HAL) posted a turnover of Rs.10,260 crore in 2008-09, registering a 19 percent increase year-on-year from Rs.8,625 crore, the company said Wednesday. 'With this record performance, we have met the memorandum of understanding (MoU) parameters signed with the defence ministry,' the company said in a statement.
Hero Honda, TVS Motor and Honda Motorcycle post higher salesApril 1st, 2009 CHENNAI - Even as the Indian two-wheeler industry faces a dip in its sales, companies like Hero Honda, TVS motors and Honda Motorcycles have managed to post growth for the fiscal year 2009 (FY-09). The two-wheeler sales in the FY-09 have dipped by 333,321 units from 7.755 million units in the previous fiscal.
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