Dry bulk shipowners are heading toward 2016 with the prospect of one fewer cargo option on the key loading region of the US Gulf Coast, as new environmental legislation introduced by Beijing this summer could mean China will no longer be ...
The differential between the WTI frontline swap and the Dubai swap is at its widest since mid-January, possibly opening up arbitrage opportunities for imports into the US, Platts data showed. The December Dubai swap was trading at a ...
Tags: WTI frontline swap, Dubai swap, crude
Despite recent rebounding shipments of consumer notebooks due to replenishing inventories, global demand is still weak and therefore shipments are likely to significantly drop after the 2015 year-end holidays, especially since the first ...
It's hard to escape the positive vibe that is currently circulating within the optics industry. As well as publishing record results in quarter one, many of the industry's big hitters have also published encouraging growth forecasts for ...
Tags: optics industry, cosmetic medical systems, semiconductor tools
Duke Energy Indiana has deferred into 2016 some coal contracted for delivery this year as it seeks to cut down on a stockpile that at one point approached 5 million st or 80 days of supply, a company official said in a filing to the state's ...
Tags: Duke Energy, coal, fuel
Sonoco, one of the largest diversified global packaging companies, today reported consolidated financial results for its third quarter, ending 27 September 2015. Sonoco president and CEO Jack Sanders said: "We are encouraged by the ...
Taiwanese LED manufacturers revenue performance continued to wane in August, according to Pingan Securities. Revenue performances downed both annually and on a monthly basis, according to statistics released by Taiwanese companies. The ...
Tags: August, LED revenue, Taiwanese market
Pinnacle Foods reported its financial results for the second quarter ended June 28, 2015 and raised its guidance for full-year adjusted diluted earnings per share to $1.89 to $1.91, representing the high end of its previous $1.86 to $1.91 ...
Tags: Pinnacle Foods, Grocery, Foods
Don’t be fooled by the pitch that touts shortage as a reason for investors to plough dollars into the diamond mining sector. In fact, like many other commodities in the world today, the diamond industry is also drowning in a supply ...
Tags: Diamond Supply, diamond mining
LPG prices in south and east China's wholesale markets slid this week, despite stronger crude oil futures at the end of the week, due to a rise in domestic inventories, trade sources said Friday. Many refineries and LPG import terminals ...
Tags: LPG prices, crude oil
Foot Locker Inc. reported net income for the company's second quarter ended August 1, 2015 was $119 million, or 84 cents per share, compared with net income of $92 million, or 63 cents per share, last year, a 33 percent increase on a ...
Tags: Foot Locker, athletic industry
For the second fiscal quarter of 2016 ended August 1, 2015, net sales at apparel marketer Gap Inc went down 2 per cent impacted by translation of net sales in foreign currencies into US dollars. For the three months to August 1, 2015 Gap ...
Tags: foreign exchange, Gap, Currency Impact
Global TV panel shipments reached 22.31 million units in July 2015, down 1% from the prior month and up 7% a year ago. Branded TV vendors remain optimistic about the peak season sales in the fourth quarter even though sales results in the ...
Tags: TV Panel, panel makers
US automotive giant General Motors (GM) is upping the output of large SUVs and trucks capable of translating into 48,000 to 60,000 additional vehicles for the 2016 model year. GM's Arlington, Texas, unit has added overtime shifts that is ...
US based apparel marketer Columbia Sportswear Company said its net sales for the quarter ended June 30, 2015 grew 17 per cent year over year and thereby created a record for second quarter sales. In a press release, Columbia Sportswear ...
Tags: Sportswear, apparel