International Finance Corporation (IFC) will provide a senior loan of $8.5m and mobilize a parallel senior loan of €5m from Rabobank to help Georgia’s glass bottle manufacturer Mina expand its business. The financial help from ...
Tags: Glass Container, financial help, Packaging
Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis inched up as the import-related loss has turned into a profit, while the import interest has generally stayed thin after the New Year ...
Tags: Copper Import, Copper
China's annual economic growth likely slowed to 7.2 percent in the fourth quarter, the weakest since the depths of the global crisis, a Reuters poll showed, which would keep pressure on policymakers to head off a sharper slowdown this year. ...
Tags: economic growth, GDP data
Australian pie franchise Pie Face has made a comeback from voluntary administration, with the appointment of a new CEO and the signing of a Deed of Company Arrangement. Pie Face launched in Sydney in 2003 and now has 89 stores across ...
Tags: savoury pies, pastries, cakes, muffins, coffee, Agriculture
The People's Bank of China, the central bank, will change rules on how it calculates the loan-to-deposit ratios of banks from next year, a move that is expected to make available more funds for lending. The central bank will expand the ...
Tags: Deposit Calculation Rules, POB
Moody's Investors Service said that Bass Pro Group, LLC's Dec. 11, 2014 announcement that it has agreed to acquire fishing boat maker Fishing Holdings, LLC from Platinum Equity is a modest credit negative because leverage will increase ...
Tags: Debt Ratings, Sporting Goods
The U.S. Environmental Protection Agency (EPA) is helping Arkansas install, upgrade and replace water infrastructure by recently awarding over $13.5 million. Arkansas Natural Resource Commission will use the funds primarily to provide loan ...
The U.S. Environmental Protection Agency has approved a $54 million plan submitted by Delaware for clean water projects, including efforts that will improve local water quality by eliminating failing septic systems, and reduce greenhouse ...
Tags: septic systems, water quality, Agriculture
Non-cash impairment charges of $684.0 million pushed apparel retailer, J Crew Group to post a massive loss in the third fiscal quarter of 2014 as against net income in the prior year quarter. Net loss at the apparel retailer totalled to ...
VF Corporation, a leading apparel supplier chain company, and IFC, a member of the World Bank Group, have provided loans to three Bangladeshi garment factories under a new program for funding fire and building safety improvements. Through ...
Apparel retailer and NASDAQ listed, Pacific Sunwear of California, Inc said for the third quarter of fiscal 2014 ended November 1, 2014, it was able to cut losses year on year. On a non-GAAP basis, excluding the non-cash gain on the ...
Tags: Apparel Retailer, Pacific Sunwear, Apparel
Freedom Group, the parent of Remington, reported a loss of $6.4 million in the third quarter ended Sept. 28, against earnings of $30.6 million a year earlier. Sales slid 27.1 percent to $253.6 million from $347.1 million a year ago, ...
Tags: Freedom Group, Sporting Goods
Sportsman's Warehouse Holdings, Inc. completed the refinancing of its existing $235 million senior secured term loans at a lower interest rate and has increased the borrowing capacity under the terms of its revolving credit facility. These ...
Tags: Warehouse, Sporting Goods
Pacific Sunwear of California, Inc. announced today that net sales from continuing operations for the third quarter of fiscal 2014 ended November 1, 2014, were $212.3 million versus net sales from continuing operations of $202.8 million for ...
Tags: Pacsun, Sporting Goods
According to data released by the three largest economy contraction yesterday,encumbered by the weak manufacturing in Germany, France and Italy, the eurozone manufacturing purchasing managers' index (PMI) November final value fell to 50.1, ...
Tags: Manufacturing PMI