Toshiba Corp. said on Saturday its group net loss for the business year ending in March will far outweigh that of the previous year's and may top its record of 398.8 billion yen (3.29 billion U.S. dollars) logged in the year through March ...
Tags: Toshiba, Record Losses
Scandal-plagued Toshiba Corp. on Monday unveiled wholesale restructuring plans in an aggressive move to return the ailing electronics firm to profitability which will include some 7,800 jobs being slashed from its workforce. The firm ...
McRae Industries, Inc., the maker of military, work and western boots, reported consolidated net revenues for the first quarter of fiscal 2016 of $31.7 million as compared to $29.2 million for the first quarter of fiscal 2015. Net earnings ...
Tags: McRae Industries, Inc., footwear brandes, Sporting Goods
First Solar Inc of Tempe, AZ, USA, which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services, says that for full-year 2016 it expects net sales ...
Tags: First Solar Thin-film photovoltaic CdTe, Tempe AZ, Electrical
For its fiscal second-quarter 2016 (ended 1 November 2015), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $321.1m, up 8% on $297m a year ago and up 2.3% on $314m last ...
Tags: Finisar, fiscal, Electronics
Plastic totes maker Newell Rubbermaid announced it was buying consumer and sporting goods maker Jarden in a cash and stock deal worth about $13.2 billion. The deal brings together two companies with numerous familiar consumer brands under ...
Tags: Jarden, Newell Rubbermaid, Plastic totes
The gold industry is not doing enough to combat debt and rising losses and not investing enough in exploration, Randgold CEO Mark Bristow said Tuesday. "A number of major companies in the industry today are simply not viable," Bristow ...
Tags: gold industry, Mines
Actors Lea Seydoux, Daniel Craig and Monica Bellucci (L-R) pose for photographers on the red carpet at the French premiere of the new James Bond 007 film "Spectre" in Paris, France, Oct 29, 2015. [Photo/Agencies] "Spectre," a new James ...
Tags: New Bond Movie, China's Box Office
After closing the financial statements for the 2014/15 financial year, Danish Crown is paying out DKK 300 million more to its owners than last year - based on an unchanged supply of animals. This means that the company will disburse a ...
Tags: Danish Crown, pork, Beef
When Congress announced the US Renewable Fuel Standard a decade ago the aim was to combat the growing need for foreign oil as well as increase the production and promotion of clean, renewable biofuels. As 2016 approaches, and the ...
Tags: Renewable Fuel, oil, gasoline
Supramax shipowners are bracing for a tough finale to a disappointing year as limping grain and petcoke trade in the Atlantic fails to support the monstrous weight of available tonnage. That has been keeping freight rates low, while hopes ...
Tags: Supramax shipowners, grain, petcoke
Colombia in January will begin importing 39 MMcf/d of natural gas from neighboring Venezuela to meet domestic needs, ending decades of natural gas self sufficiency, the head of Ecopetrol said Monday. The country is negotiating to increase ...
Tags: natural gas, crude
Atlas Development & Support Services has agreed to acquire East Africa Packaging for an undisclosed amount, as part of the first project within its newly established industrial division. The company's new industrial division will focus ...
Tags: Atlas, East Africa Packaging, glass bottles
Dick's Sporting Goods reported adjusted earnings per share rose 10 percent in the third quarter, coming in at the lower end of its guidance. Same-store sales inched up 0.4 percent. The retailer also lowered its EPS and same-store guidance ...
Tags: Dick, Sporting Goods, athletic footwear
Fonterra has increased its forecast earnings for the 2015 financial year. The co-operative is now expecting to pay farmers $4.95-5.00 per kg of milk solids. Chairman John Wilson said performance between the 1 August – 31 October ...
Tags: Fonterra, milk pieces, Whole Milk