For the fourth fiscal quarter ended January 31, 2015, Wal-Mart Stores, Inc, the biggest global retailer posted a 1.4 per cent year over year hike in consolidated net sales. Consolidated net sales for the fourth quarter amounted to $130.7 ...
Tags: Wal-Mart, e-commerce
The Chinese currency has seen sharp volatility against the US dollar this week as a strengthening dollar stokes worries of the yuan's depreciation. The yuan continued to decline against the dollar on Wednesday with its spot exchange rate ...
Tags: China's New Yuan, Chinese currency
China's cross-border capital flows will remain volatile this year amid uncertainties both at home and abroad, the country's forex regulator said on Sunday. As China gradually moves to make its foreign exchange mechanism more ...
For the fourth fiscal quarter ended January 31, 2015, net sales at NYSE listed and apparel marketer, Gap Inc rose 3 per cent year on year to $4.71 billion. For the fourth quarter of fiscal 2015, on a constant currency basis, net sales ...
Tags: Clothing Marketer, Apparel
China's central bank seems to have moved to stabilize the yuan despite mounting market sentiment that the currency has been toward the upper limit of its daily trading band for the past week. The reference rate the People's Bank of China ...
Many economists are saying that the U.S. will once again be the driving force behind world growth in 2015 as the dollar growth. The U.S. economy saw an annual expansion rate of 5 percent in the third quarter of 2014, according to government ...
Tags: Exchange Rate, U.S.Economy
Brazilian cotton output might again reduce in the 2014/15 crop, but would still be close to the average registered over the last 11 seasons, says the latest fortnightly report of CEPEA. “In worldwide terms, a supply decrease is ...
Tags: remunerative prices, export costs, exchange rate ratio, Textile
Posted in Medical Device Business by Nancy Crotti on January 14, 2015 As the U.S. dollar strengthens amid global economic uncertainty, travelers aren’t the only ones affected. Major medtech companies including St. Jude Medical and ...
Tags: Medical Device, Health
Genesco Inc. announced that comparable sales, including both stores and direct sales, increased 10 percent for the quarter-to-date period ended Jan. 3, from the equivalent period last year. Same store sales increased 9 percent and sales ...
Under the continued prudent monetary policy, China will use monetary instruments pragmatically and maintain moderate liquidity to achieve reasonable growth in loans and private financing, the central bank said on Wednesday. After the ...
The Renminbi exchange rate will remain stable in 2015, a macro economic report from China International Capital Corporation (CICC) predicted Monday. "Despite the weaker spot exchange rate of the Renminbi against the dollar, the ...
The International Air Transport Association (IATA) has reported an improvement in airlines’ financial well-being. Worldwide airline share prices rose 14% in November, supported by continued decline in the price of crude oil and jet ...
Children's specialty apparel retailer, The Children's Place said its net income for the thirteen weeks ended November 1, 2014 slipped 15 per cent from a year ago quarter. For the third quarter of 2014, net income at Children’s Place ...
Global brewing major SABMiller has agreed to expand its product presence to Brazil, under a partnership with Grupo Petropolis. Earlier in 2012, the company terminated its operations in Brazil citing a difficult exchange rate that made ...
Tags: Beer Market, SABMiller, Agriculture
Earnings from continuing operations grew 23 percent year-on-year in the first fiscal quarter ending September 27, 2014, at US based & NASDAQ-listed - G&K Services, a provider of uniform and facility services programs. In its first fiscal ...