4 result(s) displayed (1 - 4 of 4):

Deals stoke profits for Russian steelmaker (from Corporate Dealmaker)

Wednesday, vertically integrated steelmaker Evraz Group SA reported preliminary results for 2007, which included about a 56% rise in net profit ($2.144 billion from $1.377 billion in 2006). The company also expects a revenue increase in the first half of 2008 of 60% to 65% versus the $6.053 billion in...

Posted on April 2, 2008 1:28 PM

Sears: Giant comeback via new brand channels? (from Corporate Dealmaker)

Sears Holdings Corp. fared even worse than expected for the quarter ended Feb. 2: net income of $426 million compared with a net of $811 million for the quarter ended Feb. 3, 2007. In a letter to shareholders, chairman Eddie Lampert compared the...

Posted on February 28, 2008 4:27 PM

Coke's strategies (including noncarb deals) show results (from Corporate Dealmaker)

Coca-Cola Co. beat analyst expectations, reporting a fourth-quarter net income increase to $1.21 billion from $678 million in the previous quarter. The boost: soda sales in the emerging markets, a weak dollar and the noncarb drinks it has...

Posted on February 13, 2008 1:12 PM

Divestitures are paying off for Alcoa (from Corporate Dealmaker)

Some welcome good news for Alcoa Inc., which has been under pressure to restructure in the wake of its failed attempt to take over a rival. The world's third-largest aluminum producer reported net income for the fourth-quarter 2007 of $632 million, up 76%. The results include the restructuring adjustment and benefit...

Posted on January 10, 2008 10:40 AM