Under the continued prudent monetary policy, China will use monetary instruments pragmatically and maintain moderate liquidity to achieve reasonable growth in loans and private financing, the central bank said on Wednesday. After the ...
Russia's central bank failed to stem a further dramatic fall in the rouble on Thursday despite raising the headline interest rate to 10.5%. The central bank, which has used billions of dollars worth of foreign reserves in a desperate ...
Tags: Russia's Central Bank, ruble
In the past two weeks, China's stock market, long the subject of neglect, became a public focus, indicating the likely arrival of a bull market period. From Nov. 24 to Dec.5, 2014, the Shanghai and Shenzhen composite indexes rose by 18.13 ...
Tags: Stock Market, bull market
Clothing marketer, Gildan Activewear said it posted record earnings per share performance for the fourth fiscal quarter ended October 5, 2014 for any fiscal quarter in its history. Net earnings in the fourth quarter of fiscal 2014 were ...
Tags: Clothing marketer, fiscal quarter, Apparel
Freedom Group, the parent of Remington, reported a loss of $6.4 million in the third quarter ended Sept. 28, against earnings of $30.6 million a year earlier. Sales slid 27.1 percent to $253.6 million from $347.1 million a year ago, ...
Tags: Freedom Group, Sporting Goods
Sportsman's Warehouse Holdings, Inc. completed the refinancing of its existing $235 million senior secured term loans at a lower interest rate and has increased the borrowing capacity under the terms of its revolving credit facility. These ...
Tags: Warehouse, Sporting Goods
Gildan Activewear Inc., which is the largest supplier of branded athletic socks in the United States, reported record fourth quarter adjusted earnings per share of $1.00, up 20.5 percent compared to last year, but projected a loss for the ...
China's non-manufacturing sector activity showed a slight improvement in November, as new export orders and employment added stabilizers to the economy. The purchasing managers' index (PMI) for the non-manufacturing sector came in at 53.9 ...
Tags: Service Sector, PMI
Castle Brands, a developer and international marketer of premium and super-premium branded spirits, today reported financial results for the three and six month periods ended 30 September 2014. Operating highlights for the quarter ended ...
Tags: Castle Brands, Net sales, Agriculture
Taiwan's machine-tool makers show guarded optimism about their 2015 outlook, with over NT$10 billion (US$333.3 million) of combined orders booked and yet jittery about several potentially risky factors. According to the Taiwan ...
Lassonde Industries posted sales of $315m in the third quarter of 2014, a 22.3% increase year over year. Profit attributable to the Company's shareholders for this period totalled $10.6m, down $0.6m from the third quarter of 2013. "Our ...
Tags: Financial results, Apple&Eve, Agriculture
The high level of government savings deposits could prove detrimental to long-term economic growth, even as concerns mount over ballooning local government debt in China, a report said on Wednesday. Total bank deposits held by government ...
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
Ascent Solar Technologies Inc of Thornton, CO, USA, which makes lightweight, flexible copper indium gallium diselenide (CIGS) thin-film photovoltaic modules that it integrates into its EnerPlex series of consumer products, has entered into ...
Tags: Ascent Solar, CIGS
Demand for new homes fell slightly in July, the first monthly decline since January 2013, while the supply of new properties coming onto the market increased for the second consecutive month, according to the July RICS Residential Market ...
Tags: UK, Furniture, Furnishing