Archives for February 14, 2013

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Sonoco cites "operating issues" for troubled 2012

By Joe Whitworth

Sonoco identified self-inflicted operating issues that increased costs and reduced productivity as being behind “worse than expected” full year results and pointed to “contingency plans to reduce costs” until the outlook becomes clearer.     

Nestlé reports slower growth, expects challenging year ahead

By Caroline Scott-Thomas

Nestlé’s share price fell 2.3% on Thursday as the company announced its slowest growth in three years, with developing markets hit by natural disasters and continued market weakness in Europe and the Americas.