Consumer goods giant Dorel Inds. said declines across all three of its operating segments resulted in overall revenue and earnings decreases for the second quarter of the year. The company's bright spot was its home furnishings segment, ...
Tags: Furniture, Furnishing
Holcim Philippines Inc. will reopen this month its grinding cement plant in Mabini, Batangas that will boost the company s production by 1 million metric tons per year. Holcim Philippines chief executive Ed Sahagun said in a news briefing ...
Tags: Construction, Decoration
It’s reported that China Steel Corp. (CSC), the largest carbon steelmaker in Taiwan announced that its sales volumes of carbon steel products totaled 767,788 tons in July, increasing by 4.3% month on month. Among them, 67% were sold ...
Tags: Carbon Steel
Turkey’s rebar exports amounted to 4.1 million tons in the first quarter of this year, rising by 5.95% year on year, according to data released by the Turkish Statistical Institute (TUIK). Meanwhile, the country’s export ...
Tags: Rebar Exports, Mineral
Brazil-based miner Vale has announced its financial results for the second quarter of the current year, reporting a net profit of $424 million, decreasing by 84 percent compared to the second quarter of the previous year. The company's ...
US-based Dole Food has entered into an agreement to be taken private by the company's chairman of the board and CEO David H Murdock, in a deal valued at $1.2bn. Under the agreement, Murdock will pay $13.50 in cash for each share for all ...
Anders Holch Povlsen, the well-known fashion entrepreneur and owner of BESTSELLER, joins the Zalando shareholder group, acquiring 10 percent of the shares in Zalando. BESTSELLER is one of Europe's leading fashion companies, with fashion ...
Tags: Zalando, Apparel Etailer
Apple’s App Store still pulls in twice as much revenue as the Google Play Store, despite the continued growth in Android smartphone use, according to a report from mobile app tracking firm Distimo. However, Android app sales have ...
According to data released by Brazil’s secretary of foreign trade Secex, Brazil’s exports of wire rods totaled 10,441 tons in July, slumping by 58% from a month ago. Among them, the shipments made to the US slumped by 59% ...
Tags: Wire Rod
Indian state-owned steel producer Steel Authority of India Limited (SAIL) has announced its financial results for the first quarter ended June 30 of the financial year 2013-14. Accordingly, in the first quarter of FY 2012-13 SAIL's net ...
Tags: SAIL, steel producer
Germany-based steelmaker Salzgitter Group has announced that in the first half of the current year its performance was largely determined by the structural crisis in the European steel industry. Severe competition resulting from scarce ...
Tags: Steel Industry, steelmaker
US-based baking company Flowers Foods has reported that its net earnings for the second-quarter of 2013 increased 64% to $46.5m, compared with $28.4m for the same period in 2012 driven by acquisitions. For the quarter ended 13 July, net ...
Tags: Flowers Foods
Taiwanese LED chip manufacturer Genesis Photonics Inc. (GPI) announced record high revenues in July of NT$ 368 million (US$ 12.32 million), as lighting products revenue ratio jumped to 50%. Increased shipments in flip-chips, 3D COB ...
Tags: LED chip, Photonics Lighting
Cheil Industries, a leading electronic materials company in the display industry, and Novaled AG, a world class provider in OLED technologies and materials, announced today that Cheil Industries acquires a majority stake in Novaled in a ...
Tags: Cheil Industries
Apogee Enterprises, Inc. announced on Aug. 7, 2013 that its Apogee Wausau Group, Inc. subsidiary, doing business as Wausau Window and Wall Systems, has acquired the assets of Benchmark Sales Agency, Inc., doing business as Custom Window ...
Tags: Apogee Enterprises, Window Company