Category Archives: Indonesia Stock Market

Delivery giant UPS keeps outlook as Q2 earnings increase 26 percent

(ChinaPost.com.tw) – UPS Inc. said Tuesday it still expects to grow earnings this year despite an “uneven economic environment,” and it’s keeping its forecast for the year after reporting second-quarter earnings rose 26 percent.

Printer sales do not protect Kodak from Q2 loss on slumping revenue

(ChinaPost.com.tw) – While surging sales of inkjet printers are helping Eastman Kodak Co., the photography pioneer said Tuesday its second-quarter loss widened to US$179 million on slumping revenue from digital cameras and film.

Hershey Q2 profit, expectations rise, pushing shares toward six-year high

(ChinaPost.com.tw) – After yet another strong quarter for Hershey, the second-largest U.S. candy manufacturer raised its outlook for the full year Tuesday, predicting that sales will rise by 6 percent and earnings will jump by 10 percent.

Business conglomerate 3M reports Q2 profit amid strong sales increase

(ChinaPost.com.tw) – Business conglomerate 3M reported Tuesday net income of US$1.16 billion in the second quarter, slightly surpassing the year-before result amid strong sales growth. The St. Paul, Minnesota-based company said the earnings — up from US$1.12 billion last year — came while sales surged 14 percent to US$7.7 billion in the period ending June 30.

Clorox rejects Carl Icahn’s buyout proposal as ‘inadequate’: statement

(ChinaPost.com.tw) – Clorox on Tuesday rejected the latest buyout offer from billionaire investor Carl Icahn, after he raised his bid for the cleaning-products company last week. “Our board has carefully considered Mr. Icahn’s revised proposal and concluded that it is inadequate and unlikely to be completed,” Clorox’s lead director Gary Michael said a statement.