Japanese automobile manufacturer Mitsubishi Motors will cease output at its manufacturing unit in Normal, Illinois, in the US by November-end, while scouting for a potential buyer. Though the move is pending a final decision to be taken ...
Tags: Mitsubishi Motors, automobile
US retailer and NASDAQ listed Dollar Tree, Inc said it has completed the acquisition of Family Dollar Stores, Inc., also a retailer offering name brands and quality, private brand merchandise. The combined entity will have sales exceeding ...
Tags: Dollar Tree
Net profit at Spain based Inditex Group, the biggest global apparel marketer soared 28 per cent year on year in the first fiscal quarter ended April 30, 2015. In the three months to April 30, 2015, an Inditex Group press release, said its ...
Tags: apparel marketer, apparel
For the quarter ended March 31, 2015, on consolidation of accounts of the subsidiaries and joint ventures of Asian Paints, the company has announced that its income from operations increased by 6.9 % to 3,535 crores from 3,307.1 crores Q4 ...
Tags: Asian Paints, Construction Paints
For the first quarter ended March 31, 2105, NYSE listed Westlake Chemical Partners (WLKP) reported net income of $8.5 million, or $0.31 per limited partner unit. In a press release, WLKP said it achieved a MLP distributable cash flow ...
Tags: ethylene production, ethylene
The board of directors of PPG Industries have declared a regular quarterly dividend of 72 cents per share, payable June 12 to shareholders of record May 11. This marks the company’s 467th consecutive dividend payment. PPG’s ...
Tags: PPG Industries, PPG's dividend
The Saurer Group, a leading textile industry group specialising in machinery and components for yarn processing, has appointed Stefan Kross, the as the new delegate of the Board of Directors. Stefan Kross, a long term textile senior ...
Tags: textile industry, textile
POET Technologies Inc of Toronto, Canada – which, through subsidiary OPEL Defense Integrated Systems (ODIS Inc) of Storrs, CT, USA, has developed the proprietary planar-optoelectronic technology (POET) platform for monolithic ...
Tags: POET, III-V-based electronic, Electronics
Quiksilver, Inc., one of the world’s leading outdoor sports lifestyle companies, has promoted Pierre Agnes, president of Quiksilver, Inc., as the chief executive officer and added to the Board of Directors. In addition, Greg ...
Tags: Quiksilver, outdoor sports Apparel
Pernod Ricard intends to borrow up to $240.4m in a bid to break the dominance of Diageo-controlled United Spirits's share in the Indian spirits market. United Spirits holds one third of the share in the Indian market. Without ...
Columbia Sportswear Company's board of directors voted to expand the board to 11 members from 10 previously and elected banker Malia H. Wasson to serve in the newly-created position, effective March 19, 2015. The board also nominated ...
Tags: Columbia, shareholders, Sporting Goods
Nike Inc. reported earnings rose 16.0 percent in its third quarter ended Feb. 28, to $791 million, or 89 cents a share, versus Wall Street's consensus target of 84 cents. Sales rose 7.0 percent to $7.46 billion. Sales on a currency-neutral ...
Tags: Nike, Earnings, Sporting Goods
AVX Corporation today announced the retirement of John S. Gilbertson as Chief Executive Officer, Board Chairman and a Director of the Company effective March 31, 2015. John Sarvis, currently Vice President of Ceramic Products, will become ...
Tags: AVX, electronic components, Electronics
Citi Trends, a value-priced retailer of urban fashion apparel, shoes, accessories and home décor, has recently announced leadership changes in the company. According to a company statement, Ed Anderson is retiring as CEO, ...
Tags: Citi Trends, urban fashion, shoes, home décor
Stadium Capital Management, LLC (SCM) said it has notified Big 5 Sporting Goods Corp. that it will nominate three "highly qualified, independent candidates" to serve on the retailer's board at Big 5's 2015 annual meeting expected to be held ...
Tags: Big 5, Proxy Battle