Remington Outdoor Company reported sharply higher losses in the first quarter ended March 29 as sales declined by $53.9 million, or 21.2 percent. The country's largest manufacturing of firearms said sales reached $201.3 million compared ...
Tags: Remington Outdoor, Sporting Goods
After trade disputes, sales to new markets are increasing steadily Chinese solar manufacturers are rapidly diversifying away from the shrinking United States and European Union markets to Japan, India and emerging economies such as ...
Tags: solar manufacturers, Energy
Furniture Brands International posted a 4% sales decline and a $40.8 million net loss in its second quarter, and said it's working to reduce costs, pursue asset sales, and modify its credit facilities. The manufacturer and retailer ...
Tags: Furniture, Furnishing
ArcelorMittal, the world's largest manufacturer of steel announced a huge second quarter loss. The Luxembourg based steelmaker reportedly recorded a second quarter loss of US$780 million, taking losses incurred by the company thus far ...
Tags: ArcelorMittal, Mineral
Sprint Nextel, the third largest mobile carrier in the U.S., has reported a net loss of $1.4 billion for the second quarter of 2012, the 19th consecutive quarter of losses for the company. Sprint on Thursday reported revenue of $8.8 ...
Tags: Sprint Nextel, mobile carrier, U.S., net loss, the second quarter
A newly leaked video shows off two coming Research in Motion BlackBerry 10 smartphones, while also describing an elaborate marketing campaign designed to help launch the devices in the first quarter of 2013. CrackBerry.com first posted ...
Tags: RIM, leaked video, BlackBerry 10, smartphones
Chinese infant formula group Synutra International has lowered its full-year outlook for a second time, having booked a second-quarter loss. The company said net losses totalled US$44.2m in the three months to the end of September, ...
Tags: Synutra, infant formula group, full-year outlook, second-quarter loss
Finnish group Raisio, which owns brands from Benecol butter to Honey Monster cereals, pointed to an improvement in its EBIT as it reported a second-quarter loss. The company today (14 August) posted a loss of EUR2.4m (US$2.9m) thanks to ...
Tags: butter, Honey Monster cereals, EBIT, sales
Canadian food and drink manufacturer Lassonde Industries has booked an increase in first-half profits. In the six months to the end of June, earnings climbed 16.8% to C$21.6m (US$21.7m). The acquisition of juice firm Clement and Pappas & ...
Tags: food manufacturer, drink manufacturer, profits, food, drink
Indian Tata Steel announced that they will cut jobs across Britain as part of a restructuring plan. The company will cut 580 jobs at its Port Talbot plant in south Wales and 12 steel finishing and processing sites in England and Wales. ...
Chinese solar companies have begun a round of belt-tightening as they struggle to maintain operations and pay down looming debt obligations,but layoffs might impede their ability to build market share if global demand for solar-powered ...
Tags: Solar Companies, Slash, belt-tightening
Nexxus Lighting Inc. unveiled a $6 million investment from Aston Capital LLC and said the private equity firm's Chairman and Chief Executive Robert LaPenta will become Nexxus's new chairman. Upon the closing of Aston's investment, all of ...
Tags: LED light