Moody's has changed its outlook for the global shipping industry to stable from negative on April 30. This outlook reflects Moody's expectations for the fundamental business conditions in the industry over the next 12 to 18 months. ...
Tags: Shipping, Global Shipping
Oyxlane, the French parent company of Decathlon, reported sales increased 6.1 percent in 2013 to €7.4 billion ($9.8 bn) in 2013 on comparable store sales growth of 1.3 percent. Sales had risen 7.2 percent to €7.0 billion in 2012 ...
Worldwide PC shipments totalled 76.6 million units in the first quarter of 2014, a 1.7 percent decline from the first quarter of 2013, according to preliminary results by Gartner. The severity of the decline eased compared with the past ...
Tags: Computer Products, IT, PC
Steven Bradley moves on from toys and nursery to take up new role as category coach. Steven Bradley, Boots' buying manager for toys and nursery, has announced his departure from the toy sector. From May 12th, Bradley will take up a new ...
Tags: Boots'Toys, Toys, baby toys
Safilo Group SpA reported sales of Sports Products, which includes its Smith Optics brand, reached €16.1 million in the first quarter, up 0.9 percent, or 4.3 percent in currency-neutral (c-n) terms. alian parent company of the ...
Tags: Sports Products, Sporting Goods
CTS Corporation (CTS) today announced first quarter 2014 results: Revenues of $100.7 million, an increase of 2.7% compared to first quarter of 2013. GAAP earnings from continuing operations of $5.1 million, or $0.15 per diluted share, ...
Tags: Electrical, Electronics
M/A-COM Technology Solutions Inc of Lowell, MA, USA (which makes semiconductors, components and subassemblies for analog, RF, microwave and millimeter-wave applications) has launched a gallium nitride on silicon carbide (GaN-on-SiC) HEMT ...
Tags: Electrical, Electronics
"Clariant had a promising start to the year with good volume growth and an increase in operating profitability," said CEO Hariolf Kottmann. "Overall, our businesses performed well in an improving but still mixed economic environment. The ...
Tags: Construction, Decoration, economy
Global yarn production dropped in Q4/2013 in comparison to the previous quarter as a result of lower output in Asia, South and North America while production in Europe was up. Year-on-year global yarn production was up with all regions ...
In late 2013, PACCAR started production of vocational trucks, Kenworth T880 and Peterbilt Model 567. Truck manufacturer PACCAR announced a 16-percent increase in profit in the first quarter of 2014 and predicts higher sales for the ...
Tags: Paccar, Transportation, Auto, Truck
"Since the launch of Frozen on DVD and Blu-Ray, we have seen its phenomenal popularity continue." The DVD and Blu-ray release of Frozen has helped boost the demand for the brand in other categories, including plush. The demand in both ...
Tags: Toys
In the first quarter this year, the aggregate gross profits of large and medium-sized industrial enterprises in China amounted to RMB 1.29424 trillion ($0.21 trillion), increasing by 10.1 percent year on year, according to data released by ...
Tags: Metallurgy, Mineral, Energy, steel
Japanese steelmaker Kobe Steel Ltd (Kobe) has issued its financial results for the fiscal year 2013-14 ended March 31. For the given period, Kobe Steel has reported a net profit of JPY 70.2 billion ($686.4 million), compared to a net loss ...
Tags: Steel, Metallurgy, Mineral, Construction
Net sales were down by 2.5% to $27.8m compared to the same period in 2013. Excluding prior year sales from divested businesses, Q1 net sales were up 1.7% to $17.5m. The Georgia-based company is one of the largest producers of folding ...
Tags: Packaging, folding cartons
US-based J & J Snack Foods has reported a 13% rise in H1 2014 net earnings to $25.9m, compared to $22.9m in the corresponding period a year ago. The company posted an increase in its sales by 4% to $408.8m from $392.8m in the first six ...
Tags: Snack Foods, Agriculture, Food