Luxottica Group reported for a second straight quarter that strong performance in its wholesale division, which includes Southern California-based Oakley, helped propel improved sales for the Italian eyewear company. Overall net sales ...
Tags: eyewear, Light Industry
Garmin is reporting strong fitness sales in its second quarter and said its long-anticipated Vector power meter is now in "mass production and will be delivered to retailers soon." The Vector, a pedal-based system, has been delayed ...
Tags: Garmin Vector, Power Meter
Dorel Industries will lay off 50 people worldwide across the recreational and leisure segment as a result of a soft first half, the company announced in a statement early Thursday. The segment includes Cannondale, Schwinn, GT, Mongoose, ...
Tags: Transportation, bike
MICROSOFT is trying to fix what it got wrong with its radical makeover of Windows. It's making the operating system easier to navigate and enabling users to set up the software so it starts in a more familiar format designed for personal ...
Tags: Computer Products, Microsoft, Windows 8
Italian eyewear company Luxottica Group reported this month that first-quarter sales for its wholesale division — in which Southern California-based Oakley is a key brand — jumped 7.5 percent compared with a year earlier to 781 ...
Tags: Transportation
Sport Chalet Inc. posted fourth-quarter earnings Thursday, reporting a 6.8 percent increase in comparable store sales for the quarter ended March 31 compared with the same period in 2012. The company also reported a net loss of $2.3 ...
Tags: Transportation
Spy Inc. reported overall first-quarter sales of $9 million, up 11 percent from $8.1 million a year earlier, and narrowed its net loss as the eyewear supplier’s Happy Lens Collection got off to strong launch. Income from operations ...
Tags: Spy, Transportation, Sales
(Pound 6.8bn). So say financial researchers at Greencrest Capital. While this speculative estimate might be little more than a post-Christmas 'what-if', it nonetheless opens an interesting window into the fortunes of the enduringly ...
Tags: Twitter, IPO, 2014, financial researchers
Resource developers, especially in the rare earths space, are suffering from the market's obsession with immediate results, says Byron King, writer and editor for Agora Financial's Outstanding Investmentsand Energy & Scarcity Investor ...
Tags: Metallurgy, Mineral Energy, Rare Earth
Pittsburgh Business Times reported that AK Steel Holding is No. 7 on CNNMoney's list of the Fortune 500's "Worst-performing stocks of 2012" for what it said was a 50%t drop in its stock performance in 2012. The Cincinnati Business ...
In his first public appearance since his company's sluggish IPO, Facebook co-founder and CEO Mark Zuckerberg called the social network's stock performance "disappointing." Facebook co-founder and CEO Mark Zuckerberg responded to ...
Tags: IPO, Facebook, Mark Zuckerberg, social network, stock performance, Phone
US agribusiness Archer Daniels Midland has sold its stake in Gruma back to the Mexican group. Gruma has acquired the 23.2% stake held by ADM, as well as a number of smaller holdings in various subsidiaries. In an announcement on Friday ...
Tags: Mexican Firm, Gruma, ADM, Daniels Midland
Hennes&Mauritz AB(H&M)has been included to the prestigious Dow Jones Sustainability Index World in 2012.The index lists the most sustainable companies per sector based on an extensive annual assessment conducted by the independent asset ...
Tags: Dow Jones Sustainability Index, H&M, SAM, annual assessment
Steel demand worldwide is growing slower than forecast, eroding profit at producers including ArcelorMittal and Tata Steel Ltd. (TATA) and forcing investors to revise their 2012 outlook for the $430 billion industry. Global use of the alloy ...
Tags: Market View, steel, raw material