Kraft Foods Group, Inc. today reported third quarter results that reflected significant cost savings that outpaced brand-building reinvestments, as well as a negative impact from comparisons with unusually high product shipments in the ...
Tags: Kraft Foods, negative impact
Research sponsored by cloud-based business software company NetSuite has revealed that the Australian manufacturing and wholesale distribution sectors are lagging behind in e-commerce adoption, with only 10 per cent of companies currently ...
Titan International Inc. posted net income of $8.1 million on net sales of $497.5 million for the third quarter ended Sept. 30, 2013. That compares to income of $24.7 million on sales of $404.7 million for the same period last year. ...
Tags: Auto Parts
The American Transportation Research Institute (ATRI) released its top ten list of trucking industry concerns this week. The 2013 survey, which was commissioned by the American Trucking Associations (ATA), had a 41 percent increase in ...
Tags: Trucking Industry, Transportation
Bunnings has once again proved the star performer in the Wesfarmers stable, as the company expressed cautious optimism for the coming year. Announcing Wesfarmers' retail sales results for the first quarter of the 2014 financial year, ...
In September this year, of 70 major Chinese cities surveyed, 65 cities saw higher prices in the new house market, two cities witnessed lower prices, while new house prices in the remaining three cities remained unchanged, all compared to ...
Tags: House Prices, Construction, Service
According to report, China's largest stainless steelmaker, Shanxi Taigang Stainless Steel, reported its third-quarter net profits dropped by 64.6% year-on-year to RMB 112.1 million. Its revenue rose 4.9% to RMB 28.6 billion in the third ...
Asahi says that its profitability of the PV glass market is falling due to Chinese competitionAsahi Glass Co. Ltd. (AGC, Tokyo) has announced that it will transition its factory in Suzhou, China from making glass for solar photovoltaic (PV) ...
Tags: Solar Glass, Construction, glass
Asahi Glass will reduce its solar output with the conversion of an existing Chinese plant to automotive production. Source: AGC Solar. Asahi Glass will convert one of its solar glass factories in China to make automotive products. ...
Tags: Asahi Glass, Solar Output
Swedish retailer Ikea said worldwide sales rose 3.1% to 27.9 billion euros in the fiscal year ended Aug. 31. The sales figure, which equals about $37.38 billion, includes same-store sales growth of 1.8%. In a press release announcing ...
Tags: Furniture, Furnishing, Ikea
The top executive of one of the world's biggest mining drilling companies said he believes the industry has bottomed out, but that he doesn't expect a return to peak cycle levels soon. Moreover, there has been "a fundamental shift in what ...
Tags: mining drilling, Metallurgy
Quick power supply is one of the biggest issues of modern infrastructure. This is because we are totally dependent on electrical products and electronic systems for our living. To overcome various power problems, a wider range of powerful ...
Tags: Diesel Generator, Rental Services
Global 40W equiv. LED bulb Average Selling Price (ASP) increased slightly by 1.7% in August 2013 to US$ 15.7, according to a recent bulb retail survey conducted by LEDinside, a research subsidiary of Trendforce. Global introduction of new ...
Tags: LED Bulb, LED Lighting
The LED industry after entering into the lighting era still continues to face pressure to lower prices. LED manufacturers have thus begun competitively pushing their way into package free chip development. Manufacturers like Philips ...
Tags: Free Chip, LED Lighting
Hong Kong has had enough of mainland mothers emptying the region's shelves of imported baby formula. The government there will fine people up to US$64,000 and potentially throw them in jail for up to two years if they're caught carrying too ...
Tags: Foreign Dairy, baby formula