Furniture Brands International posted a 4% sales decline and a $40.8 million net loss in its second quarter, and said it's working to reduce costs, pursue asset sales, and modify its credit facilities. The manufacturer and retailer ...
Tags: Furniture, Furnishing
Earnings trend underscores significant progress in corporate reorganization Revenue share of semiconductor-based products above 30 percent for the first time Osram raises earnings outlook slightly for current fiscal year Osram showed ...
Taiwan's largest steelmaker China Steel Corporation (CSC) has announced that in June this year its carbon steel sales volume amounted to 736,089 metric tons, down 5.6 percent compared to May, accounting for 64 percent of domestic sales. In ...
Tags: taiwan, Carbon Steel, steel
The Mitsubishi Challenger range has been given a major overhaul, with the number of available grades slashed from nine to three as part of the MY2014 update. Mitsubishi Australia has top-and-tailed the line-up, discontinuing the base ...
Tags: Mitsubishi, Simplified SUV
According to executives from Herman Miller Inc. and Steelcase Inc., both of which recently reported quarterly results moderate sales growth through the summer was very much expected. Zeeland-based Herman Miller, after reporting strong ...
Tags: Office furniture
The sporting goods segment generated a 1.8% sales gain in May to $6,906 million on an unadjusted basis, and 4.2% increase for the first five months of 2013 to $33,939 million. Clothing and accessory store sales were 3.8% higher in May on an ...
Tags: May, Sporting Goods
Sales of outdoor products fell 1.7 percent in May compared to the same month last year, according to the Outdoor Industry Association VantagePoint report. VantagePoint tracks point-of-sale data from more than 10,000 retail locations and ...
Tags: Outdoor Product, Transportation
Hudson's Bay Company reported its results for the 13-week period ended May 4, 2013 (the "first quarter"). The first quarter was characterized by strong same-store sales growth at Hudson's Bay, partially offset by a low single digit ...
Tags: Hudson's Bay, Apparel
On Thursday (June 5) Audi said, because of the overseas business is good, the sales rose significantly in May 2013. it sold 137200 vehicles in the world, up 6.4% from a year earlier. Since early 2013, Audi sold a total of 640200 vehicles, ...
Tags: Audi, Auto, Transportation
HOUSTON — Bedding retailer Mattress Firm said sales jumped 31.5% to $276 million in the quarter ended April 30 as the company recorded incremental sales growth from scores of new and acquired stores. Profits also were up sharply, ...
Tags: Mattress Firm, Bedding
Net income fell 11% to $18,382,000 from $20,614,000 for the three months ended May 4 on a 1% sales decline to $591,388,000 to $600,144,000 which included an oberall 4% comp store decline. Journeys comped down 2% while lids comped down 6% ...
Tags: Genesco, Momentum Building
Despite dismal forecasts for PCs and servers, tech stocks have been doing well on optimism about cloud technology and mobile devices. A fresh batch of dire forecasts for the hardware market came out this week, yet tech stocks have ...
Tags: Tech Stocks, Wall Street, PC
Server sales fell by five per cent in the first quarter of 2013, with IBM, HP, Fujitsu and, especially, Oracle hard hit. Only Dell among the top five server makers increased sales and market share. Market leader IBM claimed a 25.5 per ...
Tags: HP, IBM, Computer Products
Hewlett-Packard reported a 32% drop in profit for its second fiscal quarter, due partly to slower sales of PCs and servers. HP's revenue for the quarter, ended April 30, was $27.6 billion, down 10% from the same period last year, the ...
Computer giant Oracle is setting up a data centre "in the Thames Valley" in order to retain and capture government cloud computing business. The data centre is Oracle's second in the UK after Linlithgow in Scotland, which it picked up ...
Tags: Oracle, Cloud Data, Computer Products