Toys R Us has dropped plans for an IPO, citing unfavourable market conditions and executive leadership transition as reasons. The retailer also posted disappointing Q4 and 2012 full year results. For the fourth quarter, the total ...
The Rieter Group held its own in 2012 against difficult market conditions worldwide. Order intake for the year as a whole declined by 12% to 839.7 million CHF, although Rieter received more orders in the second half-year than in the first. ...
Tags: Textile machinery, Textile, raw material
Oracle has unveiled disappointing third-quarter results, with total revenues down one per cent to $9bn (£5.92bn) and new software licences and cloud subscriptions down two per cent to $2.3bn (£1.5bn). Oracle chief financial ...
Tags: Computer Products, Oracle, software
In what was probably its final quarterly report as a standalone furniture, mattress and major appliance retailer, The Brick said sales in the fourth quarter were off slightly while profits improved slightly. Sales for the full year of ...
Tags: The Brick, Sales Decline, Furniture
Dick's Sporting Goods, Inc. the largest U.S.-based full-line sporting goods retailer, reported sales and earnings results for the fourth quarter and full year ended February 2, 2013. Fourth Quarter Results (14 weeks compared to 13 weeks ...
Following last year's job cuts worldwide, recently, in the mail, mobile Motorola announced that the company will lay off 1,200 people,acounting for 10% of the total number of employees. The job cuts will involve employees in the United ...
Tags: Motorola, job cuts, company news
Qatar Cement has revealed a 7% decline in net profits for 2012 to $116.8m (QR: 425.3m), from $125.3m (QR: 456m) in 2011. The company also saw its sales decline by 2.5% to $264.9m (QR: 964.3m), according to newly-filed accounts. Notes ...
Tags: Qatar Cement, net profits, cement industry
ECRU, Miss. --- Promotional upholstery producer American Furniture Mfg. reported a 13.2% sales decline in 2012, but the company reduced its operating loss to $1.52 million. In a Securities and Exchange Commission filing by parent company ...
Tags: American Furniture, upholstery, company news
Oerlikon Group reports full year and fourth quarter 2012 results. -Oerlikon increased profitability to EBIT margin of 14.5 % -EBIT up by 32.4 % to CHF 421 million; EBIT margin at 14.5 % -Strong margin improvement in Textile, Drive ...
Tags: Oerlikon Group, Textile, Sales, 2012
TORONTO — Sears Canada continued to lose ground in its fiscal fourth quarter as revenue fell 5.0% and same store-store sales decreased 3.8%. Earnings were flat and continued to be driven by factors other than the basics of being a ...
BMTC Group, Quebec's largest full-line furniture, mattress and appliance retailer, suffered declining sales and earnings in the fourth quarter and full year, a reflection of the challenging retail environment. Fourth quarter revenues of ...
Tags: BMTC Group, furniture, mattress, earnings
A 10th-consecutive monthly sales record has seen Nissan bump Holden off Australia’s new car sales podium for the first time in modern history. The burgeoning Japanese manufacturer sold 8212 new vehicles across the country in ...
Intel has released its own Apache Hadoop distribution as the firm looks to extend its reach in the big data market. Apache Hadoop is an open source framework that specialises in running data applications on large hardware clusters. ...
Tags: Intel, Apache Hadoop, data market
In the fourth quarter of 2012, the Company s adjusted EPS was $0.56, a 12 percent increase over the adjusted EPS during the fourth quarter 2011 (see table below for a reconciliation of GAAP EPS to the adjusted EPS). Fourth quarter 2012 ...
Tags: Franklin Electric, 2012 Sales and Earnings, company news
Sainsbury's was the only retailer to increase its market share in the last three months, according to the latest data from Kantar Worldpanel. The retailer increased its share from 16.9% to 17% in the 12 weeks ended 17 February, beating ...
Tags: Sainsbury, market share, Kantar Worldpanel