MARKET MOVES
UK manufacturing output falls 0.7% in October
The largest year on year output increase was seen in the transport equipment industries, which rose by 6.6% and in the machinery and equipment industries, which rose by 8.8 per cent when using comparative figures for October 2010 and 2011....
MARKET MOVES
Weyerhaeuser reports Q3 net earnings of $157 million in 2011
US-based Weyerhaeuser Company has reported net earnings of $157 million, or 0.29 per share, for the third quarter of 2011, compared to $1.1 billion, or $3.50 per share, for the same quarter of 2010. The company...
MARKET MOVES
September Construction Slips 1%
New construction starts in September receded 1% to a seasonally adjusted annual rate of $419.5 billion, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. Both nonresidential building and housing fell back after their...
MARKET MOVES
Gunns posts net loss of $373 million in 2011
Australian integrated forestry company Gunns Limited has reported a net loss after tax of AUD355.5 million ($373.2 million) for the year ended 30 June 2011, compared to a net profit of AUD28.5 million ($30 million) for the same period...
MARKET MOVES
NCC reports Q2 net profit of $57 million in 2011
Swedish construction company NCC has reported a net profit after tax of SEK369 million ($57.2 million), or SEK3.4 ($0.5) per share, for the second quarter of 2011, compared to SEK457 million ($70.9 million), or SEK4.19 ($0.6) per share, for...
MARKET MOVES
Lake Shore Gold Announces First Quarter 2011 Results, Including Strong Gold Sales
Cash earnings from operations of $11.4* million or $0.03 per common share during first quarter 2011. Net earnings of $2.2 million or $0.01 per share versus a loss of $3.2 million or ($0.01) per share during same period in...
MARKET MOVES
Rising interest rates fail to hinder Russian real estate market
Interest rate hikes will not prevent the Russian real estate sector to continue performing strongly, says RICS (13 May 2011). A clutch of data to be released next week, including the April industrial production figures and retail sales, unemployment...
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