In the week from October 20 to October 26, on the Orbis Steel Index the Turkish scrap index started to move upwards, while the US (East Coast) HMS I/II scrap export index continued to move sideways. In the given week, the Turkish rebar ...
Tags: Turkish Scrap, Steel, Energy
In the fiscal year ending August 31, 2014, UK online fashion retailer – ASOS reported a 14 percent year-on-year drop in pre-tax profits to £47 million. ASOS said profits were impacted from the huge fire at its Barnsley depot ...
Tags: ASOS, Retailer, Accessories
Despite a drop in revenues, adjusted earnings per share soared 36% year-on-year at PolyOne Corp in the third quarter ended September 30, 2014, driven by mix improvement and accelerated Spartech synergies. "As a result of mix improvement ...
Among many measures, a mix enrichment improvement, helped NYSE-listed and a producer of recycled yarns – Unifi Inc post a 3.3% hike in sales in first fiscal quarter ended September 28, 2014. In its preliminary operating results for ...
Samsung has confirmed that it is exiting the global LED lamps business to focus on LED components. The company has issued a statement in which it said: “We have decided to discontinue our LED lamp business in all markets, except ...
For its fiscal first-quarter 2015 (ended 28 September 2014), Cree Inc of Durham, NC, USA has reported revenue of $427.7m, up 9% on $391m a year ago but down 2% on $436.3m last quarter (and below the $440-465m forecasted in mid-August). ...
ABB’s focus on profitable organic growth and the related strategic initiatives resulted in a strong order increase across all regions in the third quarter. Total orders3 rose to $11.2 billion, boosted by large orders (above $15 ...
Tags: ABB, Electronics
Maxwell Technologies, Inc. (Nasdaq: MXWL) today reported revenue of $41.6 million for its third quarter ended September 30, 2014, down 10 percent from the $46.1 million recorded in the second quarter ended June 30, 2014, and down 19 percent ...
Tags: Maxwell Technologies, Electronics
Sales of BASF Group grew by 3% compared with the previous third quarter, reaching €18.3 billion. A sharp rise in volumes in the Natural Gas Trading business sector was mainly responsible for this growth. Income from operations (EBIT) ...
Tags: BASF, Construction Coating
Amer Sports reported net sales of €645.8 million ($856 mm) for the quarter ended Sept. 30, up 6.1 percent compared with €608.9 million a year earlier. Net sales increased by 6.0 percent in currency-nuetral terms. The Finnish ...
Tags: Amer Sports, Softgoods, Footwear
Brunswick Corporation reported adjusted operating earnings increased 45 percent in the third quarter on a 13 percent revenue gain. Fitness segment sales, including Life Fitness, and Marine Engine segment revenues, each grew 11 percent. Boat ...
Tags: Brunswick, Marine Engine
Monro Muffler Brake Inc. posted net income of $16.3 million on net sales of $221.3 million for its second quarter ended Sept. 27, 2014. That compares to income of $13.6 million on sales of $205.3 million for the same period last year. The ...
Cabela's Inc. reported total revenue increased 4.1 percent in the third quarter, to $886.0 million. Retail store revenue increased 8.7 percent to $598.7 million; Direct revenue decreased 11.7 percent to $175.3 million; and Financial ...
Tags: Cabela's Inc, Sporting Goods
Under Armour, Inc. reported revenues increased 30 percent in the third quarter to $938 million compared with net revenues of $723 million in the prior year's period. Sales grew 26 percent in apparel, 50 percent in footwear, and 32 percent ...
Tags: Under Armour, Sporting Goods
According to the data released by the World Steel Association (worldsteel), global direct reduced iron (DRI) production in the 14 countries accounting for approximately 87 percent of total world DRI production in 2013 amounted to 4.89 ...
Tags: DRI Output, direct reduced iron