Apart from monetary easing moves, there is room for China to achieve faster and more balanced growth by cutting the private sector's tax burden, a major Chinese investment firm said Monday. China's central bank has cut benchmark interest ...
Tags: monetary easing, tax
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
NYSE listed and apparel marketer Deckers Brands reported a 15.6 per cent year over year hike in net sales for the fourth fiscal quarter ended March 31, 2015. “Net sales increased 15.6 per cent to a record $340.6 million in the ...
Tags: Deckers Brands, apparel
Catalyst Paper is investing nearly $16m in the Rumford pulp and paper mill in Maine, US, as for its upgrade and maintenance. Around $11m will be spent on maintenance projects including the upgrade of the mill's Recovery Boiler C. The ...
Tags: Catalyst Paper, Packaging
A study by German market intelligence firm GfK has found the situation for retail in crisis countries in Europe has improved. GfK has carried out a comprehensive analysis of the retail scene in 32 European countries. The study examined ...
Tags: European Economy, German market
Ascena Retail Group and Ann Inc entered into a definitive merger agreement under which Ascena will acquire Ann Inc for a combination of cash and stock in an accretive transaction. Upon closing, Ann Inc stockholders will receive $37.34 in ...
Tags: Ascena, Women's Apparel
For the first fiscal quarter ended May 2, 2015 gross margin at US apparel retailer JC Penney expanded 330 basis points to 36.4 per cent of sales, compared to 33.1 per cent in the same quarter of last fiscal. JC Penney reported net ...
Revenues in the first fiscal quarter ended March 29, 2015 slid 12.8 per cent year over year at Checkpoint Systems, a developer of solutions for the retail industry like loss prevention, etc. According to a Checkpoint press release, its ...
For the first quarter ended March 31, 2105, NYSE listed Westlake Chemical Partners (WLKP) reported net income of $8.5 million, or $0.31 per limited partner unit. In a press release, WLKP said it achieved a MLP distributable cash flow ...
Tags: ethylene production, ethylene
Internet of Things (IoT) will be the semiconductor industry's next growth driver, spurring demand for chip components for use in applications particularly automotive, medical/healthcare and smart family, according to TSMC president and ...
Tags: chip components, Mobile devices, semiconductor industry
RPM International Inc. has reported record sales for its fiscal 2015 third quarter ended February 28, 2015, but incurred an as-reported loss for the quarter due to a one-time, non-cash net charge for a tax accrual related to the possible ...
Tags: RPM International, record sales
Ford along with its Chinese partner Chongqing Changan Automobile is planning to invest $1.08bn to buy a plant owned by Chinese automaker Harbin Hafei Automobile. Changan Ford Automobile, a joint venture between Ford and its Chinese ...
U.S. demand for construction chemicals used in on-site applications is projected to grow 8.2 percent per year through 2018 to $12.1 billion. Gains will be primarily driven by double-digit increases in building construction expenditures, ...
Tags: US Demand, Construction Chemicals, Chemicals
In 2014, specialty chemicals group Lanxess said it substantially improved its operating result and net income in a challenging market and competitive environment. Although sales declined slightly by 3.5 per cent to around €8 ...
Tags: Lanxess, specialty chemicals
Molycorp, Inc. has announced financial and operating results for the fourth quarter and full year 2014. FOURTH QUARTER 2014 RESULTS The Company reported consolidated net revenues of $116.2 million, a 6% decrease over the third quarter ...
Tags: Molycorp, Rare Metals