Home | Links | Contact Us | Bookmark
Financial Forum Search :
   Homepage      News      Financial Topics     Finance Resources      Financial Forum  
Financial News 

 collection agency pretend to be law firms?
do collection agency's pretend to be law firms to scare you into paying them with the threat of legal action? how much do you think you would have to owe before they try to get a judgement ...

 Would consolidating my student loan and my credit card hurt my credit?

 Does anyone have suggestions on how to tackle paying off a lot of debt?
I'm not sure where to start. I know I can do it but should I pay one at a time or consolodate? Thanks....

 Collections validation / Credit Bureau problems?
I ran my credit history recently and found several collections account that I am not denying may be mine. Because they are so old, I sent validation letters to 7 of them to verify they are correct ...

 I purchased £109 Uggs from uggfootwear-direct.com I paid by credit card thru paypal how do I get money back?

 How long does it take for a bad credit mark to come off your Credit Report?
My Husband and i have got our selves in over our head with Debt so we are trying to payoff some credit cards one a mont till we get them paid off we were paying only our min payment each month which ...

 Have you ever had a credit collector suggest how you can make money to pay them back?
I had an employee from a place I owe suggest to me that I sell my plasma for cash to help pay my account. She said to me that she sells her plasma and receives about $240 a month. Is this typical ...

 Debt consilidation?
is it valid and how does it ...

 Old credit problems what should I do now? One day I'd like to be able to qualify to get credit back on track.
I have'nt had an open credit line in over 5 years, I fell into financial and medical problems and defaulted on almost everything. I recently ran my credit & found out that things (even older ...

 Have you put a stop payment on your reality check?

Dr Pepper Snapple posts $621 million loss

Dr Pepper Snapple Group Inc. (NYSE:DPS) reported Tuesday that it had incurred $621 million losses in the fourth quarter due to heavy restructuring costs, severances and asset write-downs, nevertheless, asserting that its adjusted profit was higher than expected by Wall Street.

On a net basis, the soft drink maker reported a loss of $621 million, or $2.44 per share, in the fourth quarter, versus a net profit of $138 million, or 54 cents per share, a year ago.

The company expects full year 2009 net sales to decline 2% to 4%. Excluding the impact of the loss of Hansen product distribution and on a currency neutral basis the company expects comparable net sales to grow 2% to 4%.

The company will record a net one-time pre-tax gain of $51 million, or $0.12 per share, in the first quarter of 2009 related to the Hansen contract termination in the U.S. and Mexico. Excluding this item, the company expects earnings per share of approximately $1.59 to $1.67.

The full year tax rate is expected to be approximately 39% to 40% which includes approximately $16 million of charges related to items that are indemnified by Cadbury.

Unfavorable comparisons to prior year are expected to be more pronounced in the first half reflecting the impact of our stand-alone financial structure as well as a shift in marketing expenses to coincide with the timing of innovation and increased consumer communications. Additionally, the Easter holiday falls in the second quarter in 2009 versus the first quarter in 2008.

The company expects to make cash contributions of $43 million to its pension and post-retirement benefit plans in 2009.

Capital spending is expected to be approximately 5% of net sales.

The company remains committed to using its free cash flow to pay down debt and expects to reduce its debt obligations by at least $400 million, prepaying all of 2010 and part of 2011 principal.

Dr Pepper Snapple’s shares closed Wednesday at $15.51 and haven’t traded premarket. The stock is off just 4.6% so far this year, outperforming the broader market.

Image by picsaremine under Creative Commons.

Archive: Forum - Forum - Links - 1 - 2 - RSS - All RSS Feeds
The Causes and the Results. 0.044
Copyright (c) 2010 FinancialCrisisNet Saturday, August 30, 2014