Verizon’s network wasn’t ready for the flood of new traffic that it had to deal with after the company rolled out LTE service, admitted CFO Fran Shammo. Speaking on a conference call with investors hosted by Wells Fargo on ...
Global fashion e-retailer Modnique launched its first localized site in Russian to provide its fastest growing customer segment a tailored shopping experience. Modnique will include regional style preferences, full Russian language ...
Tags: E-Tailer, Russian Shoppers
The turnover of 2.2 billion rubles. for 2012 pries plant "Ekran" 47 th place in the ranking of the largest companies in the region. General Director of "Ekran" Evgeny Kozhevnikov shared with DC plans for expansion of production. In 2013, ...
Glass manufacturer Libbey Inc. plans to spend $20 million on new technology, research and development at its factory in Shreveport. The Louisiana Economic Development department announced Tuesday that Libbey expects to create 70 jobs, ...
Tags: glass, manufacturer, Shreveport
Libbey Glass has announced an expansion project that is expected to bring new jobs to the area. The company announced Tuesday that it will invest $20 million in Libbey's Shreveport manufacturing site, including the addition of a new ...
Tags: glass, Libbey Glass, expansion
Setup for Profitable Growth with New Services Division and New Water Business Unit - Sulzer is adapting its organizational structure to support its key markets strategy. Sulzer Turbo Services will be combined with the service ac-tivities ...
Tags: Sulzer, new, organization, system
Cabela’s Incorporated announced plans to bring the unique Cabela’s retail experience to customers in Moncton, New Brunswick, and the surrounding area. The 50,000-square-foot store is scheduled to open in 2015 and will employ ...
Tags: outdoor products, Apparel
Canadian retail conglomerate Hudson's Bay Company has added another feather to its cap, successfully completing its previously announced acquisition of U.S. retail icon Saks Inc., the owners of department store Saks Fifth Avenue. HBC paid ...
Tags: Furniture, Furnishing
Australia is a good potential investment target in the shale gas sector for Chinese companies as the domestic industry hopes that its own developments there can help meet soaring demand, according to several experts in the field. "It is a ...
Tags: Gas, Metallurgy, Mineral, Energy
San’an has recently released their 3Q13 financial report. The first three quarters of the year saw a revenue of RMB 2.63 billion (US $431 million), a YoY growth of 11.86 percent. Gross profit margin was RMB 761 million, a YoY growth ...
Tags: LED Market, Chip
Cubbie Ag or CS Agriculture, which is co-owned by Chinese textile group Shandong RuYi and Japanese trading company Itochu, along with Australian wool trader Lempriere Group in the ratio of 80:20, has bought a cotton gin in Dirranbandi from ...
Tags: Cotton Gin, Cubbie Ag
Billabong International Limited announces that a US$300 million tranche of the 6 year senior secured term loan of US$360 million (A$386 million) (the "New Term Debt") provided by entities affiliated with Centerbridge Partners, L.P. and ...
CTBC Financial, the parent company of Chinatrust Commercial Bank, has announced plans to acquire the local insurance firm Taiwan Life in a TWD26.6bn ($904m) deal. As per the terms of the agreement, CTBC will take over the insurance firm ...
Tags: Insurance, CTBC Financial
German truckmaker Daimler Trucks has announced plans to invest BRL1bn ($458.6m) in commercial vehicle plants of its Brazilian subsidiary Mercedes-Benz do Brasil in the next two years. The investment will used in the research and ...
Tags: Daimler Trucks, Commercial Vehicle
LyondellBasell Industries announced earnings from continuing operations for the third quarter 2013 of $1.51 diluted earnings per share or $854 million. Third quarter 2013 EBITDA was $1,531 million. Third-Quarter 2013 Highlights - ...
Tags: LyondellBasell Industries, Textile