BHP Billiton reported a 31 percent rise in first-half profit on Tuesday and signaled it would consider a dividend hike in August.
Magnus Nicolin, CEO of Ansell, describes how acquisitions helped the rubber products maker post a 15 percent rise in first-half net profit.
MELBOURNE, Feb 18- BHP Billiton reported a 31 percent rise in first-half profit on Tuesday and signalled it would consider a dividend hike in August, as it cuts debt towards levels that may prompt a share buyback.
MELBOURNE, Feb 18- BHP Billiton reported a 31 percent rise in first-half underlying profit on Tuesday, well above market forecasts, bolstered by aggressive cost cutting and volume growth. Underlying attributable profit rose to $7.76 billion for the six months to December, up from $5.94 billion a year earlier.
CNBC's Tyler Mathisen looks ahead to what are likely to be next week's top business and financial stories. It's a holiday-shortened week, as more data comes in. How much has the weather affected the economy, particularly housing?
CALGARY, Alberta, Feb 14- Enbridge Inc's plan to expand the capacity of its Canada- to-U.S. Enbridge, Canada's largest pipeline company, which also reported a lower than expected quarterly profit on Friday, said it no longer expects to get the permit amendment for the Alberta Clipper expansion in time to start pumping more oil at midyear, as it had planned.
Trulia co-founder and CEO Peter Flint discusses record Q4 earnings, and the implementation of its $45 million strategic marketing campaign. "We want consumers to engage with our products," he says.
VF Corporation Chairman, president & CEO Eric Wiseman is "thrilled" with its Q3 performance. He says its outdoors brands drove the strength.
*Cuts full-year profit forecast to $5.55- $5.60/ share vs est. Feb 14- J.M. Smucker Co forecast full-year results below analysts' estimates, citing increased competition in its peanut butter business and a shift in consumer preference away from artificially sweetened fruit spreads.
Feb 14- Campbell Soup Co, the world's largest soup maker, reported a higher-than-expected quarterly profit, helped by an increase in soup sales during the holiday quarter, sending shares up as much as 7 percent. It also acquired Bolthouse Farms, which makes refrigerated juices and baby carrots in 2012..
Lloyd Carney, CEO of Brocade, discusses the advantages his company offers users in storing their data.
Feb 14- Enbridge Inc, Canada's largest pipeline company, reported a lower-than-expected adjusted profit in the fourth quarter, mainly due to losses on hedging contracts. Enbridge posted a net loss of C $267 million, or 32 Canadian cents per share, compared with a profit of C $146 million, or 18 Canadian cents per share, a year earlier.
Feb 14- Campbell Soup Co reported a 71 percent rise in quarterly profit, as more people bought soup during a spell of harsher-than-usual winter weather in the United States. Net profit attributable to the company rose to $325 million, or $1.03 per share in the second quarter, from $190 million, or 60 cents per share, a year earlier.
*Cuts full-year profit forecast to $5.55- $5.60/ share vs est. Feb 14- J.M. Smucker Co cut its full-year adjusted earnings forecast and said sales would likely fall more than it had expected due to lower selling prices for coffee and peanut butter. Smucker also cut its full-year adjusted earnings forecast to $5.55- $5.60 per share from $5.72- $5.82.
Some of the names on the move ahead of the open.
Feb 14- Hyatt Hotels Corp reported a 9 percent rise in quarterly revenue due to higher occupancy and room rates across most of its properties. Net income attributable to Hyatt doubled to $32 million, or 20 cents per share, in the fourth quarter ended Dec. 31 from $16 million, or 9 cents per share, a year earlier. The company's revenue rose to $1.09 billion from $1 billion.
Feb 14- Enbridge Inc, Canada's largest pipeline company, reported a fourth-quarter loss, mainly due to losses on hedging contracts. The company posted a net loss of C $267 million, or 32 Canadian cents per share, compared with a profit of C $146 million, or 18 Canadian cents per share, a year earlier.
DETROIT, Feb 14- Auto parts supplier TRW Automotive Holdings Corp on Friday posted a higher-than-expected quarterly profit and forecast strong sales for the year, helped by growth in North America and China.
Feb 14- J.M. Smucker Co, the maker of Folgers coffee and Jif peanut butter, reported a 6 percent fall in quarterly revenue as it cut the prices of its coffee and peanut butter products. The company said revenue fell to $1.47 billion in the quarter ended Jan. 31.
LONDON, Feb 14- Global miner Anglo American said its overhaul should gather pace in the next two years after initial improvements at its copper and iron ore mines helped annual operating profit beat forecasts.