Performance Sports Group Ltd. swung to a net loss in the fiscal third quarter ended February 29 as expected due to a precipitous drop in baseball and softball sales, retail bankruptcies and the impact of currency exchange rates on its ...
Scodix, a provider of enhancement solutions for the graphic arts industry, has launched Scodix E106 enhancement press for the folding carton market. Making its debut at drupa 2016, the Scodix E106 is a digital press delivering enhancement ...
Tags: graphic arts, Scodix, Folding Carton
The European Bank for Reconstruction and Development (EBRD) has agreed to make $100m equity investment in Egypt-based United Sugar Company (USC), which is also a subsidiary of Savola Group, to strengthen the agribusiness sector in the ...
Tags: EBRD, Investment, USC, United Sugar Company, Savola Group
Earnings before interest and taxes (EBIT) were DKK2.0 billion in 2015, up from DKK861 million a year earlier. The pump group’s profit after tax reached DKK1.45 billion, compared with DKK503 million in 2014. Meanwhile group revenue ...
Fortress Paper reported 2015 fourth quarter operating EBITDA of $3.3m. The Dissolving Pulp Segment generated operating EBITDA of $1.5 million and the Security Paper Products Segment generated EBITDA of $3.9 million . Corporate costs ...
Tags: Fortress Paper, EBITDA
For fourth-quarter 2015, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has reported revenue of $2.45m, more than halving from ...
Tags: Rubicon, Sapphire substrates
Operating performance in the quarter was strong and substantially above the equivalent quarter last year. The group increased EBITDA excluding special items by 21% to US$175 million, operating profit excluding special items by 51% to ...
Tags: Stronger Performance, EBITDA
Bosch Packaging Technology is reportedly planning to transfer tablet presses and coaters production from its Knowsley factory in the UK to Germany over competitive concerns. The move could result in the reduction of nearly 100 jobs at ...
For fiscal second-quarter 2016 (to 26 December), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $94.1m (slightly above the $88-94m guidance). This is up ...
Tags: Oclaro, Wireless sales
Two of China's largest home appliances manufacturers are predicting huge losses for 2015. Sichuan Changhong Electric Co Ltd has forecast it will slip 1.97 billion yuan ($300.3 million) into the red, a staggering 3,455 percent fall ...
Tags: home appliances, TV
KapStone Paper and Packaging has announced that due to seasonally softer market conditions, it will temporarily curtail operations at its Longview Mill beginning 21 December. The curtailment is expected to last seven days for the entire ...
The National Electrical Manufacturers Association (NEMA) commends the U.S. Department of Energy on its Dec. 2, 2015 decision that mandatory energy conservation standards for high-intensity discharge (HID) lamps are not technically feasible ...
Tags: NEMA, HID Lamps, Traditional Lighting
How do people manage a company? Do they try expanding the company business to make it big and comprehensive? Or do companies focus all their resources on a few selected businesses? Manufacturers’ business strategies may vary. For ...
Tags: TongYiFang Optoelectronic, LED grow lights, automotive lighting
U.S. farmers will harvest 13.9 billion bushels of corn, the second-largest crop ever, and 3.785 billion bushels of soybeans next year, USDA said in its first projections of the new crop. The new crops would follow three years of bumper ...
The Panamax dry bulk short period freight market is currently trading below operating costs and some owners may be tempted to lay up their vessels as the outlook for 2016 is very weak, sources said. The Panamax short period market is ...