Hormel Posts In Line 2Q Results
Hormel’s 2Q11 EPS of 40 cents was above 34 cents in the corresponding period of fiscal 2010 and in line with the Zacks Consensus Estimate. View full post on All Stories
Archive | Loan News
Wisconsin’s fiscal bureau: ‘Bill to pay the bills’ likely to save taxpayers money
MADISON – A proposal by two freshman lawmakers to pay state bills now, rather than later, could save taxpayers millions. “To the extent that the payment is made as soon as possible in one lump sum, there would be an avoidance (of interest paid),” said Charles Morgan, program supervisor for the Legislative Audit Bureau’s health [...]
Hormel Profit Rises 41%
Hormel’s fiscal-second-quarter earnings rose 41%, led by the refrigerated-foods and Jennie-O turkey businesses. View full post on All Stories
VCU raises student fees to give $733K more to basketball
According to VCU’s budget for the fiscal year that begins July 1, the school plans to increase its mandatory university fee by $50 per student to raise about $11 million for intercollegiate athletics, an $875,000 increase. View full post on All Stories
Retailers’ weekly sales rise 3.1%: survey
NEW YORK (MarketWatch) — Chain-store sales for the week ended May 21 rose 3.1% from the year-earlier period, according to a survey released Tuesday by the International Council of Shopping Centers and Goldman Sachs. On a week-over-week basis, sales fell 1%. “The wettest comparable week in ten years-combined with cooler temperatures-negatively impacted spending on apparel [...]
Sony sees third year of red ink
Sony Corp. said Monday it expects to fall into the red in fiscal 2010 for the third straight year with a group net loss of ¥260 billion, due mainly to the effects of the March 11 disasters. The loss would be the company’s biggest since the ¥293.3 billion one it posted in the business year [...]
Sony expects $3.2 billion annual loss
Sony Corp. is expecting a loss of $3.2 billion for the fiscal year ended March, reversing its earlier projection of a return to profit. View full post on All Stories
Detenido un profesor de Santander por abusos sexuales a menores
Un profesor del colegio público Simón Cabarga de Santander ha sido detenido por un supuesto delito de abusos sexuales a menores, según han informado fuentes policiales. El docente fue arrestado el pasado jueves, día 19, por la mañana, y pasó a disposición del Juzgado de Instrucción número 1 el viernes 20, según precisaron las citadas [...]
Merrill Lynch Cuts Bajaj Auto Price Target
Bank of America Merrill Lynch on Thursday said it has cut the price target for motorcycle maker Bajaj Auto to Rs 1,340 from Rs 1,480 on expectations of margin pressures and a sales slowdown in the current fiscal year.It however, maintained its View full post on All Stories
Fitch Cuts Greek Debt Rating To B+ From BB+, Outlook Negativ
Fitch Ratings on Friday downgraded Greece’s sovereign debt rating to B+ from BB+ and put the nation’s debt on “rating watch negative.”Fitch said in an e-mailed statement, commenting on the downgrade; “The rating downgrade reflects the scale of the challenge facing Greece in implementing a radical fiscal and structural reform program necessary to secure solvency [...]
