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GLG reports H1 losses after filing delay

GLG reports H1 losses after filing delay

By Caroline Scott-Thomas

Stevia supplier GLG Life Tech has reported losses in the 2011 fiscal year and the first half of 2012, following a filing delay that led it to stop trading on the Toronto Stock Exchange.

IFF posts 16% boost in Q2 net profit

IFF posts 16% boost in Q2 net profit

By Caroline Scott-Thomas

Pressure from raw material costs has started to ease for International Flavors and Fragrances (IFF), which reported a 16% increase in net profit and a 1% increase in net revenue during the second quarter.

Cargill full year earnings ‘not up to expectations’: CEO

Cargill full year earnings ‘not up to expectations’: CEO

By Caroline Scott-Thomas

Cargill has reported an 82% slump in profit for the fourth quarter and a 56% drop for the fiscal year, citing cyclical trends in soybean processing and American beef, as well as wider economic and political factors.

ADM profits shrink 89% on higher corn costs

ADM profits shrink 89% on higher corn costs

By Caroline Scott-Thomas

Grain processing giant Archer Daniels Midland (ADM) has seen its second quarter profit shrink 89% on higher corn costs and lower oilseed earnings, although sales have grown, the company said on Tuesday.

Danisco acquisition provides bright spot for DuPont in 2011

Danisco acquisition provides bright spot for DuPont in 2011

By Caroline Scott-Thomas

DuPont benefited from last year’s acquisition of Danish specialty food ingredient company Danisco in the fourth quarter of 2011, as revenue more than doubled in its nutrition and health business – although the chemical group’s overall profit fell slightly.

Can Morrison reheat Campbell's lukewarm soup sales?

Campbell Soup beats estimate, but profit falls

By Caroline Scott-Thomas

Campbell Soup Company has reported a 5% drop in net earnings in the first quarter as soup demand continues to fall in the United States, although the company is beginning to see the first fruits of a turnaround program.

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