Panasonic Corp will complete its restructuring in the current fiscal year to March 2015, Chief Executive Kazuhiro Tsuga said on Monday, as it shifts its focus to supplying industrial customers rather than making consumer electronics. The ...
Tags: Panasonic, restructuring
Bemis reported first quarter 2014 diluted earnings of $0.48 per share, compared to $0.47 per share for the same quarter of 2013. Excluding the items detailed in the attached schedule, "Reconciliation of Non-GAAP Earnings per Share," ...
Tags: Bemis, Non-GAAP Earnings
Seattle-based Nordstrom, Inc. announced plans to open a Nordstrom Rack at Winrock Town Center in Albuquerque, N.M. The approximately 33,500-square-foot store is scheduled to open in fall 2015. The new Nordstrom Rack will be the company's ...
Bayer AG may be eying the sale of its $10 billion plastics unit in order to better focus on its healthcare business,? according to Bloomberg. Bayer MaterialScience, the North American headquarters for the business unit, is based in ...
Tags: Bayer, Electrical, Electronics
"The Blue" is the largest flawless vivid blue diamond in the world at 13.22 carats. Click through this slideshow to see five jewels that will be included in Christie's May 14 sale. Geneva--The world's largest flawless vivid blue diamond ...
Tags: Arts, Crafts, Blue Diamond
The Landree underground steam coal mine in southern Indiana is back in production and its new owners intend to resume shipments to Indianapolis Power & Light in May, a company official confirmed Wednesday. "We started running coal last ...
Tags: Steam Coal, coal mine
The US steel sheet market continued to report offers from producers above published minimum base prices, as mills look to keep upward pressure on pricing amid supply tightness. Buy-side sources reported higher offers from multiple mills ...
Tags: Steel Sheet, Steel Sheet Market
The firm encourages retailers to take up its free POS initiative to drive footfall and customer return. Carte Blanche has seen a strong response to its new collection of Moshlings plush, with sales already exceeding initial expectations. ...
Tags: Toys
Akzo Nobel N.V. reported a positive volume and price/mix development in all three Business Areas. First quarter revenues of €3,383 million were 2 percent lower compared with the same period last year. The decrease was mainly a ...
Tags: Construction, Decoration
Accell Group N.V. told its shareholders Thursday that sales and profits improved in the first months of 2014 compared with the same period of 2013 as favorable weather in Europe stimulated sales of its bicycles. "We have seen a positive ...
Tags: sports bikes, bike, Sporting Goods, Recreation
In 2014, Picanol will participate in a number of international trade fairs, where it will profile itself as the technological market leader in rapier and airjet weaving machines. On these occasions, Picanol will focus mainly on its new ...
Tags: Picanol, Rapier Technology
Cytec Industries Inc. announced net earnings for the first quarter of 2014 of $55.9 million or $1.52 per diluted share on net sales of $489 million. Included in the quarter for continuing operations is a special item in the amount of $3.8 ...
Tags: Cytec, Aerospace Materials
There are still plenty of copies of the "2014 Tire & Rim Association Yearbook" available for purchase. "This is our 111th yearbook," says Rudy Consolacion, executive vice president of the Tire & Rim Association (TRA). "It contains every ...
Tags: Tire, Tyre, auto parts
Dell has released a new virtualised storage accelerator appliance called Fluid Cache for SAN, designed to help customers keep data-intensive applications working quickly under load. The announcement, which was made at Dell's Enterprise ...
Tags: Dell, Computer Products
Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has announced its financial results for 2013 according to International Financial Reporting Standards (IFRS). In 2013, MMK saw a net loss of $2.429 billion compared to a net ...
Tags: steel producer, Steel Works