Posts Tagged ‘Company’

Burger King Announces Hundreds of Layoffs

Ayinde O. Chase – AHN News Editor Miami, FL, United States (AHN) – Hundreds of Burger King Corp. employees were blind sided with layoff notices on Monday. The company reduced its personnel by 413 positions in North America and Latin America. Many of the laid-off employees came from its South Florida headquarters, where 261 people [...]

Food Supplier Nash Finch Sued For Sex Discrimination

Linda Young – AHN News Writer Lumberton, NC, United States (AHN) – The U.S. Labor Department’s Office of Federal Contract Compliance Programs has filed an administrative complaint against a North Carolina company, Nash Finch Co., with systematic job discrimination against 80 women. Minneapolis, MN-based Nash Finch is the second-largest publicly traded wholesale food distributor in [...]

United Refining Company Reports Fiscal 2010 Year End Results

WARREN, Pa., Nov. 30, 2010 /PRNewswire/ — United Refining Company, a leading regional refiner and marketer of petroleum products reported results for the Company’s fiscal year ended August 31, 2010. Net sales for the year ended August 31, 2010 and August 31, 2009 were $2.7 billion and $2.4 billion View full post on All Stories

Cyberonics up 10% on earnings report

LOS ANGELES (MarketWatch) — Shares of Cyberonics Inc. climbed more than 10% at one point Monday after the company raised its sales and operating earnings estimates for fiscal 2011. The medical technology firm said it now expects operating earnings to fall within a range of $45 million to $48 million, up from the $42 million [...]

Japan may give tax cuts for adding workers: report

LOS ANGELES (MarketWatch) — Japan’s Tax Commission is considering offering tax credits to companies which hire new workers, starting next fiscal year, according to a report Thursday. The Nikkei business daily reported that the commission would begin debate on the measure later in the day. One problem, however, involves how to confirm that a company [...]

Wal-Mart begins offering free shipping for online purchases

Wal-Mart has kicked off the holiday shopping season by offering free shipping on online purchases of 60,000 items, with no minimum purchase requirement. The promotion will run from now until December 20th and is good on most items the company sells. Says the company : “We want cost-conscious shoppers to save money so they can [...]

H.J. Heinz Company to Host Conference Call/Webcast on Second Quarter Fiscal 2011 Results

PITTSBURGH–(BUSINESS WIRE)–H.J. Heinz Company (NYSE:HNZ) announced today a conference call and Webcast for Securities Analysts and Media (listen only) to discuss the Company’s Second Quarter Fiscal 2011 results and its Fiscal 2011 outlook at 8:30 a.m. Eastern time on Friday, November 19, 2010. The call and presentation slides also will be available to the general [...]

GAIL’s second quarter net profit up 29.48 percent

State-owned gas transmission and marketing company GAIL Wednesday reported a 29.48 percent increase in net profit for the second quarter of the current fiscal year on increased margins in higher gas prices. View full post on All Stories

Nalco Q2 net up 40% at Rs 224 cr

National Aluminium Company has registered a 40% growth in its net profit at Rs 224.04 crore for the second quarter ended September 30, over the same period previous fiscal. View full post on All Stories

Allied Motion Amends Credit Agreement, Reducing Company Finance Costs

DENVER–(BUSINESS WIRE)–Allied Motion Technologies Inc. (NASDAQ: AMOT) today announced it amended its Credit Agreement with JPMorgan Chase Bank effective October 26, 2010. The previous agreement was due to expire on October 31, 2010. The Amended Credit Agreement provides up to $8 million of revolving lines of credit, as well as significant reductions to the Company’s [...]

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