U.S. soup producer Campbell Soup has reported the net profit for the fourth quarter ending August 1 at the amount of $ 113 mln., or 33 cents per share, comparing to $ 69 mln., or 20 cents per share in the previous year, with the forecasted profit of 30 cents per share.
The world’s largest mining company BHP Billiton has published data on double-plus growth of annual profit, which may contribute to the process of a hostile takeover of the Potash Corp. of Saskatchewan.
Burger King, operator of fast food restaurant chain, reported a decrease in net profit for the fourth fiscal quarter to end June 30 from $ 58.9 million, or 44 cents per share, previous year to $ 49 million, or 36 cents per share. Coompany’s revenue for the period decreased by 1% to $ 623 million.
Big Lots, Inc. (NYSE: BIG) shares will rise today, analysts say. A bullish trend will start advancing in the second half of trading under the condition of mixed market dynamics.
Manufacturer of medical equipment Medtronic recorded for the first quarter to end June 30 an increase in net profits from $ 445 million, or 40 cents per share, previous year, to $ 830 million, or 76 cents per share.
The third-largest operator of container terminals Cosco Pacific has published profit’s data. The Cosco profit had risen by 82% in the first half due to the recovery of world trade and sale of shares in the logistics enterprise.
Marvell Technology Group Ltd. (NASDAQ: MRVL) shares are purchased in volumes above the average . Marvell Technology Group shares rose to 16.39 points, gaining +1.48 (9.93%) in late trading.
The Dow Jones Industrial Average remains in the red zone, close to the mark of 10,188.19 points, down -83.02 (-0.81%). The J.M. Smucker Company (NYSE: SJM) shares reached 59.53 points, gaining +1.50 (2.58%) in early trading.
The third-largest PC maker Dell Inc. (Public, NASDAQ: DELL) reported an increase in net profit for the second quarter from $ 472 million, or 24 cents a share, to $ 545 million, or 28 cents a share. With the exception of a number of items, company’s profit totaled 32 cents per share at analysts’ average forecast of 30 cents per share.
Cisco Systems, Inc. (NASDAQ: CSCO) shares fell to 22.19 points, down -0.22 (-0.98%). Dick’s Sporting Goods, Inc. (NYSE: DKS) shares have fallen to 26.89 points, losing -0.43 (-1.57%).