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PepsiCo raises FY 2014 EPS guidance

Wednesday, 23 Jul 2014 07:01am EDT

PepsiCo Inc:Expects 8 pct increase (an increase from the company's previous target of 7 pct) in EPS growth versus FY 2013 core EPS of $4.37.FY 2014 EPS of $4.54 - Thomson Reuters I/B/E/S.

Kagome Co Ltd lowers consolidated mid-year and full-year outlook for FY 2014

Friday, 18 Jul 2014 02:40am EDT

Kagome Co Ltd:Says the company lowered the consolidated mid-year outlook for the FY ending Dec. 2014.Revenue forecast decreased to 104,000 million yen from 109,000 million yen.Operating profit forecast decreased to 3,200 million yen from 4,800 million yen.Ordinary profit forecast decreased to 3,400 million yen from 5,000 million yen.Net profit forecast decreased to 2,200 million yen from 3,000 million yen.Earnings per share decreased to 22.18 yen from 30.25 yen.Says the company lowered the consolidated full-year outlook for the FY ending Dec. 2014.Revenue forecast decreased to 162,000 million yen from 167,000 million yen.Operating profit forecast decreased to 4,600 million yen from 6,100 million yen.Ordinary profit forecast decreased to 4,800 million yen from 6,200 million yen.Net profit forecast decreased to 2,500 million yen from 3,300 million yen.Earnings per share decreased to 25.21 yen from 33.27 yen.Comments that negative effect of rising of consumption tax, competition in food and beverage business and decreased demands are the main reasons for the forecast.

Shezan International Ltd announces appointment of chief executive

Friday, 11 Jul 2014 02:24am EDT

Shezan International Ltd:Says Humayun A. Shahnawaz has been appointed as chief executive with effect from July 1 in place of Muhammad Khalid.

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