The Stockmann Group’s revenue was down 4.7 per cent on the previous year and amounted to EUR 141.1 million in March 2014. The decline was due to currency exchange rates, as the Russian rouble reached its weakest level ever against the ...
NIKE, Inc. reported financial results for its fiscal 2014 third quarter ended February 28, 2014. Despite the negative impact of changes in foreign exchange rates, earnings per share for the quarter were up 4 percent due to higher revenues ...
In 2013, the net loss of Russian steelmaker Ashinskiy Metallurgical Works (Ashinskiy) increased by 10.5 times compared to 2012, rising to RUB 755.5 million ($21.4 million), according to Russian media sources. The reasons for the surge in ...
Tags: Steel, Metallurgy, Mineral
Easton-Bell Sports reported nets sales of $780.4 million in the fiscal year ended Dec. 28, 2013, down 5.7 percent from a year earlier. The owner of Riddell, Bell and Giro helmets and Easton hockey and baseball products, reported gross ...
Tags: Sporting Goods, Recreation, football, softball
Nike Inc. reported earnings rose 3.5 percent in the third quarter, to $685 million, or 76 cents a share. Revenues advanced 12.7 percent to $6.97 billion. Both earnings and revenues surpassed Wall Street targets. Nike Brand revenues grew ...
Tags: Nike, Sporting Goods, Apparel, Accessories
General Mills today reported results for the third quarter of fiscal 2014. Sales and operating profit for the 13 weeks ended Feb. 23, 2014, reflect lower volumes, consistent with generally weak food industry trends during this period; the ...
The Children's Place Retail Stores, Inc., the largest pure-play children's specialty apparel retailer in North America, announced financial results for the fourth quarter and fiscal 2013 periods ended February 1, 2014. Fourth Quarter ...
Tags: Apparel, specialty apparel
Adidas AG delivers exceptional fourth quarter results. “We finished 2013 with an exceptionally strong fourth quarter. Currency-neutral sales grew 12%, which was above our expectations,” commented Herbert Hainer, adidas Group ...
Bitcoin has been in the headlines a lot lately due first to news that criminals have been using it for transactions, and more recently because of the collapse of its biggest currency exchange. Now comes news of a new type of virtual ...
Tags: Bitcoin, Virtual Currency, math problem
Offer prices in the Argentinian ferrous scrap market are up 50% in February compared with January levels, a reflection of the steep devaluation of its currency, sources said Wednesday. On January 23, the central bank of Argentina scaled ...
Tags: Ferrous Scrap, Mineral
DENSO Corporation today announced its third quarter global financial results for the nine months ending Dec. 31, 2013. Consolidated net sales totaled 3,016.6 billion yen (US$28.8 billion), a 17.4 percent increase from the previous year. ...
Tags: DENSO Corporation, Auto Parts
Hyundai Motor Company, the fastest-growing automaker by brand, today announced its 2013 full-year earnings results. The company's revenue rose on increased sales from its overseas markets, while profits fell slightly due to production ...
Kimberly-Clark Corporation reported year-end 2013 results and provided its 2014 outlook and related key planning assumptions. Executive Summary Fourth quarter 2013 net sales of $5.3 billion were even with the year-ago period. ...
Merck (NYSE: MRK), known as MSD outside the United States and Canada, is voluntarily recalling all lots of Liptruzet (ezetimibe and atorvastatin) 10/10 mg, 10/20 mg, 10/40 mg and 10/80 mg tablets in the United States, including Puerto Rico, ...
Tags: Health, Medicine, Medicine Packaging
A bank in Yunnan province has started to provide direct currency exchanges between Chinese yuan and Thai baht, a move aimed at further opening up Southwest China to Southeast Asia. Tourism agencies say there is an increasing demand for ...