Tag Archives: IDX

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.

Avocet Mining buys back 20% of its gold hedge book to boost exposure

(ChinaPost.com.tw) – West African-focused Avocet Mining said it bought back 20 percent of its gold hedge book to give it greater exposure to the metal’s record high prices at a time when its costs of production are rising.