Glatfelter reported second-quarter 2016 net income of $2.0m, or $0.04 per diluted share compared with $2.8m or $0.06 per diluted share in the second quarter of 2015. Adjusted earnings for the second quarter of 2016 were $2.8 million, or ...
Tags: Glatfelter, Specialty Papers
Taiwan’s export orders in June continued dropping, but having showed positive signs to turn around soon. After a 15-month declining streak as of the end of June, Taiwan's overall export orders are likely to show growth in July at ...
In a trading statement for first-half 2016, epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says that it expects to deliver a significant increase in revenues and profits compared with first-half 2015 and continues to ...
Tags: IQE, epiwafer foundry
Australian beef prices are expected to continue remaining strong says a new Rabobank report. According to Rabobank's latest 'Beef Quarterly', Australian cattle prices one again rose to record prices in June 2016. The latest price ...
Tags: beef, beef prices
Under Armour Inc. reported revenues in the first quarter increased 30 percent in the first quarter of 2016 to $1.05 billion compared with net revenues of $805 million in the prior year's period. Wall Street's average expectation was $1.04 ...
Tags: Under Armour, Revenues
Faurecia has agreed to sell its auto exterior business to Plastic Omnium for an enterprise value of €665m. The sale covers Faurecia's bumpers and front-end modules business, which had sales of €2bn in 2015. The business employs ...
Tags: Faurecia, Plastic Omnium
Performance Sports Group Ltd. swung to a net loss in the fiscal third quarter ended February 29 as expected due to a precipitous drop in baseball and softball sales, retail bankruptcies and the impact of currency exchange rates on its ...
When it comes to pricing and market expectations, 2015 was another tough competitive year for packaged LED vendors, with challenges in both backlighting and lighting, comments Jamie Fox (principal analyst for Lighting and LEDs at IHS ...
Tags: LED market, Packaged Led Maker, Samsung
Iconix Brand Group Inc. reported a loss of $263 million, or $5.44 a share, after charges of $402.4 million to writeoff the company's trademarks and goodwill. Over 90 percent of the impairment is related to the company's men's business ...
The global aluminium aerosol cans market saw 5.4 billion aluminium cans produced in 2015, repeating the previous year’s record result. The International Organisation of Aluminium Aerosol Container Manufacturers' secretary general ...
Fortress Paper reported 2015 fourth quarter operating EBITDA of $3.3m. The Dissolving Pulp Segment generated operating EBITDA of $1.5 million and the Security Paper Products Segment generated EBITDA of $3.9 million . Corporate costs ...
Tags: Fortress Paper, EBITDA
Revenue dips 2.6 per cent in its Q4 2015 results, with foreign exchange rates making a negative impact to the tune of $169 million. Toys R Us has seen revenue slip 2.6 per cent in its Q4 2015 results, with foreign exchange rates making a ...
Tags: Toys R Us, Dave Brandon
Operating performance in the quarter was strong and substantially above the equivalent quarter last year. The group increased EBITDA excluding special items by 21% to US$175 million, operating profit excluding special items by 51% to ...
Tags: Stronger Performance, EBITDA
Japanese food company Ajinomoto and Japanese technology company Nippon Rika through a joint venture has established a company to manufacture Cysteine Hydrochloride, an amino acid that is used for food products and flavorings. The new food ...
Coca-Cola and Pepsi Co. have revealed some of their respective plans for global market dominance in 2016. Coca-Cola has kicked off 2016 with a new global marketing campaign called "Taste that Feeling". It is the beverage giant's first ...
Tags: Soft Drink, Coca-Cola, Pepsi