Singapore agribusiness giant Wilmar International has booked a drop in first-half profits as the group suffered losses in its oilseeds and grains business. In the six months to the end of June, Wilmar recorded a net profit of US$373m, ...
Tags: Wilmar International, first half profits, food industry, food
With 225 years of knitting experience,John Smedley is planning to expand its international market to countries like Russia,Italy,Japan and China. Mr.Ian Maclean,managing director of John Smedley,told fibre2fashion,"The apparel brand ...
Navistar International has reported a net income of $84m, or $1.22 per diluted share, for the third quarter of 2012, compared to $1.4bn, or $18.24 per diluted share, for the same period in 2011. For the third quarter of 2012, the ...
Tags: Navistar, net income, revenues, pre-tax loss
Neiman Marcus Inc. reported financial results for both the fourth quarter and fiscal year ended July 28, 2012. For the fourth quarter of fiscal year 2012, the Company reported total revenues of $1.00 billion compared to $919.7 million in ...
Tags: Neiman Marcus, financial results, investment
PILKINGTON owner Nippon Sheet Glass has gone into the red and shed 1, 750 jobs worldwide this year as it restructures to cope with the effects of the global recession. The group, which employs some 1, 600 people across its sites in St ...
Tags: market view, Sheet Glass
Taipei, Oct. 26, 2012 (CENS)--Rexon Industrial Corp., Ltd., a maker of pneumatic tools in Taiwan, has garnered orders from WARN Industries, Inc., a major auto parts maker in North America. With over 60% market share for automotive ...
Tags: Rexon, pneumatic tools, WARN, automotive winches, snow throwers
US private-label food group Ralcorp Holdings has reported an increase in third-quarter profits, helped by higher sales and a gain from hedging contracts. Ralcorp, which makes cereals, sauces and pasta for US retailers, booked net earnings ...
Tags: private-label food, cereals, sauces, pasta, stocks
Siemens CEO Peter Löscher Siemens has abandoned its plans to float Osram on the stock market in the wake of disappointing financial results and continued economic turmoil. The German conglomerate will instead make Osram independent ...
Tags: IPO, Siemens, Peter Löscher
Initial public offering of stock by the loss-making TRIA Beauty postponed due to"ongoing global economic instability". TRIA Beauty,a Californian firm that specializes in hand-held laser diode systems for hair removal,acne treatment and ...
Mets Wood has recorded €4m in operating profits in the first quarter and believes profitability will strengthen in the second quarter. Metsa, formerly known as Finnforest, said the building trade was expected to recover due to the ...
Tags: market view, wood