Operating profit excluding special items was strong at $97m despite the third quarter being seasonally the weakest due to the summer holiday period in the northern hemisphere and the scheduling of annual maintenance work during the period. ...
International Paper reported second quarter 2016 net earnings attributable to International Paper of $40m ($0.10 per share) compared with net earnings of $334m ($0.81 per share) in the first quarter of 2016 and net earnings of $227m ($0.54 ...
Lingering inventory issues from the port delays, ongoing foreign exchange headwinds for international companies and a tepid response from consumers at retail pushed down aggregate industry profits by 14% in Q3 to $3,529.3 million from ...
Osram announced by raising the share of semiconductor sales from the global general lighting market could help it reduce the total cost of producing chips for LEDs at its new factory to be opened in Malaysia, reported Bloomberg. The LED ...
Tags: Osram, LED chip, general lighting
US extruder Bonnell Aluminum posted a 5.8% increase in its third quarter net sales year on year on higher sales volumes, particularly in the automotive and nonresidential building and construction markets, parent company Tredegar said ...
Peak Performance, Scandinavia's largest technical sports and fashion wear brand, generated revenue of DKK 953m ($154 mm) in the fiscal year ended June 30, up 2.5 percent from the prior fiscal year, or 4.1 percent in currency-neutral terms, ...
India’s apparel industry is continuing its upward growth curve with the overall index value recording 6.2 points, according to The Clothing Manufacturers Association of India’s (CMAI) Apparel Index for April-June 2015. Much like ...
Tags: apparel industry, Clothing
Retail major Spencer's plans to add about 2.75 lakh square feet of trading area and take their number of hypermarkets to 132 this financial year from the current 120 in 35 cities across India, according to media reports. As part of the ...
Tags: apparel, Spencer's, company expansion
For fiscal third-quarter 2015 (to end-June), Emcore Corp of Alhambra, CA, USA (which provides compound semiconductor-based chip-level devices, optical components, subsystems and systems for broadband and specialty fiber-optics markets) has ...
Net income at US based value-added and recycled fibres producer Unifi, Inc climbed 46.52 per cent year over year for fiscal ended June 28, 2015. A Unifi press release informed that net income for fiscal 2015 totaled to $42.2 million or ...
Tags: textile manufacture, fibres
For its fiscal fourth-quarter 2015 (ended 3 May), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $320m, up 4.5% on about $306m both a year ago and last quarter. The ...
Tags: Finisar, OpEx, Electronics
The Japan Toy Association has revealed a nine per cent increase in toy sales for fiscal 2014, driven by sales of toys inspired by the hit video game franchise The Japanese toy market is celebrating its best sales in a decade for fiscal ...
Tags: Toy Sales, Yo Kai Watch
Johnson Outdoors Inc. reported net sales increased 7 percent to $133.1 million in the fiscal second quarter ended April 3 compared to a year earlier, driven by growth at it Marine Electronics, Watercraft and Outdoor Gear units. Foreign ...
Tags: Johnson Outdoors, Sports Wear
Shoppers Stop Ltd (SSL), an India based operator of various retail formats reported a revenue jump of 9 per cent from the year ago quarter in the fourth fiscal quarter ended March 31, 2015. In a press release, SSL said it recorded a ...
Tags: Shoppers Stop, retail formats
For fiscal third-quarter 2015 (to 29 March), Cree Inc of Durham, NC, USA has reported revenue of $409.5m, down about 1% on $413.2m last quarter but up 1% on $405.3m a year ago (and on the higher end of the targeted range of $395-415m), as ...