HanesBrands announced that it intends to redeem the final $147.1 million of its Floating Rate Senior Notes due 2014, which will complete the retirement of approximately $300 million of floating-rate bond debt as planned in 2012. Hanes is ...
Tags: debt, HanesBrands, basic apparel
China's ten largest solar photovoltaic enterprises have accumulated upwards of 111 billion yuan($17.5 billion)in debt,recent data from U.S.financial services company Maxim Group shows. China's solar industry is mired in a crisis,facing ...
Tags: China's ten largest solar photovoltaic enterprises, debt
Mechel OAO, a leading Russian mining and steel group announced financial results for the 9 months 2012. The net revenue in Q3 2012 decreased by 12.0% and amounted to USD 2.7 billion compared to USD 3.1 billion in Q2 2012. The ...
Tags: Mechel OAO, mining, steel, financial results, company news
The ratings on the Russian vertically integrated steel group OAO Severstal are constrained by our view of the highly cyclical, capital intensive and competitive nature of the steel industry. Steel margins are relatively weak and in our ...
Tags: OAO Severstal, steel industry, Russia, steel
NYMEX January crude futures settled 98 cents higher at $86.77/barrel Wednesday, as the entire oil complex received a boost from the US Federal Reserve's move to continue its quantitative easing program to stimulate the economy. January ...
Tags: oil, heating oil, refinery, Nymex Oil
THE WOODLANDS, Texas — Retailer Conn's Inc. said it completed a secondary offering of common stock Wednesday that netted the company about $56.2 million. The offering of 6.33 million shares, including an over-allotment option of ...
Tags: Furniture
Bri Chem Corp a leading North American wholesale distributor and manufacturer of oil and gas drilling fluids and steel pipe is pleased to announce that Bri-Chem has closed a ten million dollar subordinated debt facility with Fulcrum Capital ...
Tags: oildrilling, gas drilling, steel pipe, Fulcrum Capital Partners
Mr Khamis Buamim chairman of Drydocks World said that the Dubai based ship building and repair firm is looking to enter the Syrian market via a consortium of regional and possibly international partners. Mr Buamim said that he saw a lot ...
Tags: middle east jobs, syria oil, steel fabrication, Drydocks World
Mr Khamis Buamim chairman of Drydocks World said that the Dubai based ship building and repair firm is looking to enter the Syrian market via a consortium of regional and possibly international partners. Mr Buamim said that he saw a lot ...
Tags: ship building and repair firm, international partners, investment
Cathay Financial Holdings yesterday forecast Taiwan’s gross domestic product (GDP) to rise 3.88% year on year in 2013 while Chung-Hua Institute for Economic Research projected the growth rate at 3.6%, both higher than the estimated ...
Tags: Taiwan, gross domestic product, GDP, 2013
In November this year, the purchasing managers' index (PMI) of China's steel sector was 49.2 percent, down 3.5 percentage points compared to the previous month, as announced by the China Steel Logistics Committee (CSLC) which is part of the ...
Tags: stainless steel, steel scrap, steel pipe, steel
Global Debt Registry(sm),the nation's leading provider of chain of title services for the financial services industry,and Rekon Technologies,the largest provider of advanced lien release,assignment processing and document preparation ...
Financial Express reported that the Essar Steel, which is reeling under a debt burden of INR 23,500 crore, has asked its board to explore the possibilities of raising up to INR 3,000 crore via convertible debt instruments from domestic and ...
Tags: Essar Steel, debt burden, domestic and overseas markets
- Second Quarter EPS a Record $1.17, Up 22% - Total Revenue up 7.4%, Core Revenue up 5.5% Cooper Industries plc (NYSE: CBE) today reported record second quarter earnings per share of $1.17, an increase of 22% compared to earnings per ...
Tags: Cooper Industries plc, financial report, market commentary, electrical
As the global economic outlook remains stagnant, LED industry's peak season performance may fall short of expectations. Thus, Taiwanese LED firms such as Epistar, Unity Opto, Lextar, and Genesis Photonics underwent setbacks in the stock ...
Tags: LED, industry, China, economic outlook