U.S. economic growth will be somewhat restrained, but not deterred, and improving fundamentals provide reason for optimism by the end of 2013 and through 2014, according to a new forecast. The Manufacturers Alliance for Productivity and ...
Genesco Inc. reported earnings from continuing operations for the first quarter ended May 4, 2013, of $18.5 million, or $0.78 per diluted share, compared to earnings from continuing operations of $20.8 million, or $0.86 per diluted share, ...
Tags: Genesco, Apparel&Accessories, Dennis
Hewlett-Packard reported a 32% drop in profit for its second fiscal quarter, due partly to slower sales of PCs and servers. HP's revenue for the quarter, ended April 30, was $27.6 billion, down 10% from the same period last year, the ...
The S&P/ASX200 has closed down 2 per cent at 5062.4, as slower Chinese manufacturing activity in May combined with signs that the US Federal Reserve could start rolling back its bond-buying program to send the local sharemarket to its ...
As overall server market revenue and shipments declined in the first quarter, both Dell and Cisco Systems managed growth while enterprise stalwarts Hewlett-Packard and IBM struggled in the headwinds. Worldwide server shipments declined ...
Tags: Dell, Cisco, Server Market
The sharemarket suffered its sharpest one-day fall for two months yesterday after the US Federal Reserve said it could reduce its economic stimulus measures and China's manufacturing showed signs of contraction. "In the next few meetings ...
Wal-Mart Stores, Inc. reported financial results for the first quarter ended April 30, 2013. Net sales for the first quarter were $113.4 billion, an increase of 1.0 percent over last year. Net sales last year benefited by 1.0 percent from ...
Tags: Apparel, Apparel Industry
While retail sales were up in April, the growth rate was less than impressive based on data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported that April retail sales at ...
Tags: Processing Machinery, Commerce, NRF
The Wet Seal, Inc., a leading specialty retailer to young women, reported net sales of $140.4 million and a comparable store sales decline of 2.9% for the 13-week period ended May 4, 2013. The results exceeded prior guidance for net sales ...
During Nucor Corporation's Q1 2013 conference call Thursday, President and CEO John Ferriola noted that the flat rolled steel market is poised for a difficult year. Ferriola said that the "amount of overcapacity is phenomenal right now," ...
Tags: Nucor, Sheet Market
Tony Lo offered a thumbnail sketch of the global cycling market through Tony’s Report — a short weather report for the industry. Europe? The weather has been cloudy, rainy and windy. First quarter sales were hammered by bad ...
Tags: cycling market, Lo
Coming off a better than expected month in February, retail sales were somewhat lackluster in March, according to data released today by the United States Department of Commerce and the National Retail Federation (NRF). Commerce reported ...
Tags: retail sales, retail, Manufacturing
For fourth-quarter 2012, 5N Plus Inc of Montreal, Quebec, Canada, a producer of specialty metal and chemical products, has reported revenue of $128.6m, up 6.5% on $120.7m last quarter but down 13.9% on $149.4m a year ago. Revenue for ...
Though IT trailed other sectors as market indices rose to milestone highs this quarter, some bright spots in earnings and market research reports this week indicate continuing confidence that things will go better for tech this year than in ...
Tags: IT, software, Computer Products
Auto sales are expected to increase by 8% to 1,465,100 vehicles in the US during March 2013, according to the joint report published by the J D Power and Associates and LMC Automotive. The annual sale is anticipated to reach 15.3 million ...
Tags: Auto Sales, Auto, vehicles