For fiscal second-quarter 2015 (ended 28 December 2014), Cree Inc of Durham, NC, USA has reported revenue of $413.2m, down 3.4% on $427.7m last quarter but similar to $415.1m a year ago and in the upper half of the target range of $400-420m ...
Tags: LED Demand, LED Lighting Offsets, Electrical
Improved margins drove profit before depreciation, interest and taxes (PBDIT) by 114 per cent year-on-year at Reliance Retail during the third fiscal quarter ending December 31, 2014. Reliance Retail said it posted its highest ever profit ...
Tags: LED Reliance Retail, stores, Apparel
NEMA’s Lighting Systems Index increased 1.9 percent from the second to the third quarters of 2014, climbing to its highest level to date in calendar year 2014. The index posted a gain of 4.1 percent on a year-over-year basis. ...
Tags: Lighting Systems, miniature lamps, Lights
During visits to firms in China's smartphone supply chain in November and December 2014, Digitimes Research found that their shipments to the domestic market were weak in the fourth quarter of 2014. But their exports remained strong. Many ...
Tags: Smartphone, Smartphone Industry
Swiss chocolate maker Barry Callebaut has warned that its results could be impacted by strong Swiss franc. The chocolate maker said that as 99% of Barry Callebaut's business is done outside of Switzerland, it had minimal operational ...
Tags: food companies, cocoa bean, Agriculture
Less than four years after acquiring GSI Commerce for $2.4 billion, eBay Inc. announced Wednesday it was studying whether to spin off the business in IPO as part of a broadening restructuring. The company disclosed the plans in its ...
Tags: broadening restructuring, box retailers, Sporting Goods
SABMiller has announced that its organic lager volumes witnessed 1% decline in the third quarter ended 31 December 2014, due to fall in demand in China and Colombia. According to the figures released by the company, group net producer ...
Tags: beer market, Agriculture
Halfords Group plc reported same-store sales by its Cycling and Travel Solutions stores increased 7.6 percent and 5.7 percent respectively in the 15 weeks and fiscal third quarter ended Jan. 9. The UK’s leading retailer of ...
Tags: Same-Store Gains, Sporting Goods
Jarden Corporation expects net sales of at least $2.4 billion for the fourth quarter of 2014, driven by strong organic growth. The owner of The Coleman Co., K2, Marmot, Rawlings and two dozen other sporting goods brands also expects ...
Tags: net sales, Sporting Goods
Supporting some upbeat holiday forecasts, Zumiez and Pacific Sunwear of California both raised fourth-quarter guidance after reporting healthy comps in December. A few department stores also showed above-plan performances although both ...
Tags: hard goods, footwear, Sporting Goods
For fiscal first-quarter 2015 (to end-November 2014), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $2.9m, down 15% on $3.4m a year ago but up 29% on $2.3m last quarter, due to both design wins in ...
Tags: LED components, LED chip, Electrical
PPG Industries reported fourth quarter 2014 net sales from continuing operations of $3.71 billion, up $207 million, or 6 percent, versus the prior-year figure of $3.5 billion. Net sales in local currencies grew 10 percent year-over-year, ...
Tags: portfolio management, earnings-accretive cash deployment, Construction
Adjusted gross profit in the second fiscal quarter ended November 30, 2014 climbed 57 per cent year on year at NYSE listed Performance Sports Group. As against $39.6 million in the year-ago quarter, adjusted gross profit rose 57 per cent ...
Tags: sales, marketing costs, Apparel
Worldwide PC shipments totaled 83.7 million units in the fourth quarter of 2014, a 1% increase from the fourth quarter of 2013, according to Gartner. These results indicate a slow, but consistent improvement following more than two years of ...
Tags: PC shipments, PC market
Posted in Medical Device Business by Nancy Crotti on January 14, 2015 As the U.S. dollar strengthens amid global economic uncertainty, travelers aren’t the only ones affected. Major medtech companies including St. Jude Medical and ...
Tags: Medical Device, Health