For its fiscal second-quarter 2015, fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $297m, up 2.2% on $290.7m a year ago but down 9.4% on $327.6m last quarter (its first ...
Tags: Finisar, Electronics
The US sheet steel market remained stable but sluggish Monday as buyers sought price direction following last week's Thanksgiving holiday. One buyer said he believes the hot-rolled base price is at or close to bottom at about $630/st. ...
Tags: sheet steel, hot-rolled base, Mineral
The profits of Chinese industrial businesses recorded a drop of 2.1 percent year on year, hitting 575.47 billion yuan (94.34 billion U.S. dollars) in October, the National Bureau of Statistics said on Thursday. Profits rose 0.4 percent in ...
Tags: Industrial Profits, product prices
Mondelez International, the maker of Oreo biscuits and Cadbury's chocolate, posted a 11% decline in earnings in the third-quarter of fiscal 2014 compared to the same period a year ago, as a result of weaker revenues and higher expenses. ...
Net profit for the second fiscal quarter ending September 30, 2014, slipped 30.2% year-on-year at value-added yarns and home textile producer - Sutlej Textiles and Industries Ltd (STIL). In the second quarter of fiscal 2014-15, profit ...
Tags: Sutlej Textiles and Industries Ltd, topline performance, Textile
Pandora has launched a line of charms featuring iconic Disney characters that will be sold in its concept stores as well as at Disney merchandise locations. Starting at $40 at retail, the initial launch includes 25 pieces. Columbia, ...
Lassonde Industries posted sales of $315m in the third quarter of 2014, a 22.3% increase year over year. Profit attributable to the Company's shareholders for this period totalled $10.6m, down $0.6m from the third quarter of 2013. "Our ...
Tags: Financial results, Apple&Eve, Agriculture
Although dwindling domestic demand and excess capacity have shrunk profit margins for most Chinese steelmakers, it has inspired some to tap overseas markets for sustained, long-term growth. Hebei Iron &Steel Co, China's second-largest ...
Tags: Chinese Steelmakers, Iron, Steel
Air freight rates from Asia are expected to rise through to the end of the year following four months of stable pricing, according to a report published by shipping consultancy Drewry. Drewry’s East-West Air Freight Price Index, a ...
Tags: Air Freight Rates
Economic growth in the EU has remained soft so far this year, with a particularly disappointing performance of the euro area in the second quarter, according to the Economic and Steel Market Outlook 2014-2015/Q4 2014 Report from the ...
Tags: Steel market, Steel Demand
Japan's government and central bank are counting on export growth to help the economy overcome April’s domestic-demand-dampening consumption tax hike. The latest figures show that despite a weak yen, overall shipments remain sluggish, ...
Tags: export growth
In October this year, the China HSBC Flash Manufacturing Purchasing Managers Index (PMI) increased to 50.4 - the highest level of the past three months - higher than the anticipated level of 50.2 and up from September's final reading of ...
Tags: PMI, China economy
The spot price of South Africa-origin charge chrome (48-52% Cr) was assessed by Platts at 79-80 cents/lb CIF on Friday, down from 80-81 cents/lb CIF China a week ago, on slow demand and ample supply. A deal was confirmed at 80 cents/lb ...
Tags: Ferrochrome, Chrome Import, Metallurgy
Toray Industries’ group operating profit apparently grew 13% on the year to around 50 billion yen ($462 million) for the April-September half as carbon fiber sales made up for lower-than-expected sales in other segments. The figure ...
Tags: carbon fiber
The decline in cotton price and slowing demand for apparel and other textile products in key North American and European markets have put tremendous pressure on synthetic pricing in the past several months. The global synthetic fiber price ...
Tags: Synthetic Fiber, Cotton