New orders to U.S. production plants soared a record 10.5 percent in July on a 74 percent bookings spike in the volatile transportation sector. The somewhat misleading double-digit gain was propelled by an eye-popping 317.3 percent surge in ...
Tags: Industrial Equipment, Hardware
Although revenue rose 12% year-on-year, net income at multi-brand retailer of women's, men's and children's apparel J.Crew Group, Inc. plunged 38.28% in the second fiscal quarter of 2014. Net income dived 38.28% to $17.5 million in the ...
Tags: Apparel, Accessories, Children's apparel
Iron ore prices may be up for another dive as Chinese steel mills take a breather after the summer production peak, analysts say. The benchmark iron ore price plunged to a fresh five-year low to $US84.30 a tonne on Thursday night, and ...
Tags: Metallurgy, Mineral, Energy, Iron Ore
In the January-July period of this year, Japan's cold rolled sheet and strip shipments decreased by 1.7 percent on year-on-year basis to 3.77 million metric tons, according to the Japan Iron and Steel Federation (JISF) data. 54 percent of ...
Tags: CR Sheet, Strip Shipments
As clients are adjusting inventories of LED chips used in backlighting and lighting, demand for LED chips in the third quarter of 2014 will significantly decrease sequentially, according to chairman Lee Biing-jye of Taiwan-based LED ...
Tags: LED Demand, LED Chips
Peripheral chip suppliers for the next-generation iPhone reportedly are preparing to build up combined inventories of related ICs equivalent for the production of 100 million units in the second half of 2014, according to industry sources. ...
Tags: Electrical, Electronics, Chip
The National Retail Federation (NRF) has lowered its retail sales forecast for 2014 because of slow growth recorded during the first half of the year, but said sales are expected to grow significantly faster over the next five months. NRF ...
Tags: NRF, Growth, Construction
Apparels and home fashions off-price retailer, NYSE-listed The TJX Companies, Inc reported a 7% year-on-year hike in net sales to touch $6.9 billion in the second quarter ended August 2, 2014. Consolidated comparable store sales increased ...
Chinese homebuyers have driven housing prices and developers’ stocks skywards in the past decade but that has been clearly over for more than a year. Official economic data released on Wednesday showed the slowdown in the sector ...
Tags: Red-Hot Property, Homebuyers
M S International (MSI) will open its newest distribution center in Charlotte, N.C. The new facility in Charlotte will stock a full offering of MSI product lines including natural stone, quartz, porcelain, ceramic and glass tile. ...
Tags: MSI, Center, Construction
For second-quarter 2014, deposition equipment maker Aixtron SE of Aachen, Germany has reported revenue of €46.2m, rebounding by 5% from €43.9m last quarter (which had been down 14% on the previous quarter) and up 2% on €45.3m ...
Tags: Aixtron, MOCVD, Electronics
Driven by strong performances at its Anthropologie and Free People brands, NASDAQ-listed Urban Outfitters, Inc., a garment retailer was able to post record sales in the fiscal quarter ending July 31, 2014. Net sales for the second quarter ...
Tags: Urban Outfitters, Sales, Apparel
"Significant progress" made to better position the toy giant for second half and beyond. Mattel is positioning itself for a strong second half of the year following reports of a drop in worldwide net sales in its second quarter. The ...
MALVERN, Pa.–BUSINESS WIRE– Vishay Intertechnology, Inc. NYSE: VSH, one of the worlds largest manufacturers of discrete semiconductors and passive components, today announced its results for the fiscal quarter and six fiscal ...
Tags: Vishay, Electrical, Electronics
MALVERN, Pa.–(BUSINESS WIRE)–Vishay Intertechnology, Inc. (NYSE: VSH), one of the world’s largest manufacturers of discrete semiconductors and passive components, today announced its results for the fiscal quarter and six ...
Tags: Vishay, Electrical, Electronics