Swiss chocolate maker Barry Callebaut has warned that its results could be impacted by strong Swiss franc. The chocolate maker said that as 99% of Barry Callebaut's business is done outside of Switzerland, it had minimal operational ...
Tags: food companies, cocoa bean, Agriculture
Eastman Chemical Company has completed the acquisition of Commonwealth Laminating & Coating, Inc. The acquired business is part of Eastman’s Advanced Materials business segment, and is expected to be accretive to 2015 earnings ...
Tags: Laminating, Coating, Construction
India’s auto component manufacturer Pricol has acquired a Brazilian auto component firm Melling do Brasil through its wholly-owned Spanish subsidiary Pricol Espana. The company has informed BSE that its Board of Directors has ...
Tags: oil, water pumps, cold start valves, Auto
Since the 21st century, China has seen rapid development of the welding equipment industry, and become the world's largest producer and exporter of welding equipment. In 2013, the enterprises with the annual sales revenue of over RMB20 ...
Tags: welding equipment, Manufacturing
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 ...
Australian wholesaler and distributor of groceries and hardware products Metcash Limited (Metcash) has announced a drop in its Underlying Profit after Tax of 9 per cent, to $101.7 million, which it said was due to “ongoing operating ...
Tags: hardware products, groceries, Agriculture
Driven by wholesale segment sales, revenue at NASDAQ listed, Urban Outfitters, a lifestyle apparel retailer, rose 5 per cent from a year ago quarter for the third quarter of fiscal 2015. Urban Outfitters said its net sales for the third ...
Tags: apparel retailer, net sales, Apparel
Producer of speciality chemicals and NYSE listed, Eastman Chemical said it expects to deliver greater than 12 percent EPS growth, from strong organic growth due to acquisition of Taminco. Alongside, Eastman also expects to generate more ...
Cal-Maine Foods, a producer and marketer of shell eggs, reported that its first-quarter (Q1) profit surged from last year, with boost in net sales due to higher volumes and average selling prices. Quarterly net sales were $356.94m, an ...
Tags: Agriculture, Food, shell eggs
Egypt's largest steelmaker Ezz Steel has announced its financial results for the first half of the current year, reporting a net loss of EGP 176 million ($24.6 million), compared to a net profit of EGP 302 million in the first half of 2013. ...
Tags: Ezz Steel, long steel
Supported by favorable government policies China’s LED industry initiated a new round of financing during the first half of 2014, according to a Chinese-language report by Consumption Daily. Innovative technology and new products ...
Tags: LED Industry, LED market
Driven by mattress fabric sales, revenue at NYSE-listed Culp, Inc., one of the world's largest marketers of mattress fabrics for bedding and upholstery fabrics rose 8.4 percent in the first fiscal quarter ending August 3, 2014. Net sales ...
Tags: Textile, Mattress Fabrics, Fabrics
Australian iron ore miner Fortescue Metals Group has announced its financial results for the financial year 2013-14 ended on June 30. During the given period, Fortescue's net profit amounted to US$2.73 billion, rising 56 percent compared ...
Tags: Fortescue Metals Group, Results, Energy
Germany-based steelmaker ThyssenKrupp has announced its financial results for the third quarter ended June 30 of the financial year 2013-14, stating that it has achieved or slightly exceeded all operating and strategic targets for the third ...
Tags: ThyssenKrupp, Mineral, Energy
Liaoning Province-based Chinese steelmaker Lingyuan Iron and Steel Co. (Lingyuan Steel) has announced that it registered an operating revenue of RMB 7.245 billion ($1.17 billion), down 1.16 percent, seeing a net loss of RMB 269.76 million ...
Tags: Lingyuan Steel, Announce, Operating Revenue