Gas tariff hike of up to Pk Rs. 85 per mmbtu (million metric British thermal units) for Captive Power Plants (CPPs) would render the most efficient and highest foreign-exchange generating textile industry ineffective, All Pakistan Textile ...
Tags: Textile Sector, Gas tariff
Francesca's Holdings Corporation reported net income of $14.6 million or $0.33 per diluted share for the second quarter of 2013, compared to net income for the second quarter of 2012 of $12.7 million, or $0.28 per diluted share. The ...
Dollar General Corporation reported record sales, operating profit and net income for its fiscal 2013 second quarter (13 weeks) ended August 2, 2013. Highlights: - Second Quarter Same-Store Sales Increased 5.1%; Total Sales Increased ...
While Indian rupee has become all-time low against the US dollar, the textile and apparel exporters of the country are pondering on benefits of sharp fall in rupee on the industry. The Indian rupee was marked at Rs. 61.66 on August 18, 2013 ...
Tags: Textile Exporters
Burton's Biscuit Company's 2012 results have failed to impress industry expert Julian Wild, partner and food industry merger and acquisitions expert at law firm Rollits. Jammie Dodgers is one of Burton's Biscuits' power brands Wild ...
Japanese auto-parts maker Akebono Brake is planning to invest JPY10bn ($100.6m) by 2014 to expand its operations in North America. About JPY7bn ($70.4m) of the total investment will be spent in 2013, followed by JPY3bn ($30.2m) next year. ...
Tags: Auto-Parts, Akebono Brake
ATS Automation Tooling Systems has signed an agreement to acquire all shares of IWK Verpackungstecknik as well as Oystar IWK USA, a pharmaceutical and personal care tube filling and cartoning machinery group for €103m. The ...
Pfleiderer Grajewo kept its revenues stable and posted an increase in almost all key earnings figures compared with the prior-year period between January and June 2013. This came despite the rather unfavourable market climate in Poland. ...
Tags: Construction, Decoration
Weichai Power gained CNY 30.92 billion incomes and CNY 2.09 billion net profits in the first half of the year, up 14.27% and 9.89% year on year; it made CNY 1.04 earnings per share, up 9.47%. The company sold 155,100 heavy-duty truck ...
Dairy giant Arla has doubled profits for the first half of its financial year, amid news the two mergers it undertook in 2012 were paying off. Arla delivered capacity cost savings of £57M on an annual basis Arla announced its ...
Tags: Agriculture, Food, Dairy
For its fiscal fourth-quarter 2013 (to end-June), LED chip, lamp and lighting maker Cree Inc of Durham, NC, USA has reported record revenue of $375m, up 7% on $348.9m last quarter and 22% on $306.8m a year ago, due mainly to strong sales of ...
Tags: Cree LED, Electrical, Electronics
The PGA European Tour has selected Xirrus' Wi-Fi to provide spectators with access to golfers' location, stream video content, and enable the PGA to understand more about its fans. Graham Gifford, ICT director at PGA European Tour, told ...
Tags: Cisco, HP, Juniper, Computer Products
The Dow Chemical Company is all set to expand four of its plastic franchises in Texas and Louisiana, as part of its investment strategy on the US Gulf Coast to integrate advantaged shale gas. The company will expand its High Melt Index ...
Express, Inc., a specialty retail apparel chain operating over 620 stores, announced its financial results for the second quarter and first six months of 2013. These results cover the thirteen and twenty-six week periods ended August 3, ...
Tags: Apparel Retailer, Apparel
Fewer businesses have a greater appreciation for lighting than automotive dealerships, or at least those who pay the energy bills. According to Energy Star, auto dealerships use, on average, more energy per square foot than a typical office ...
Tags: Upgrading Lighting, Lights