Australian drinks company Coca-Cola Amatil Ltd’s underlying profit declined by a quarter (25.3%) to AUD375.5m ($292.8m) in the 12 months ending December due to drop in volumes of soft drinks. The firm's core brands saw dip in sales ...
U.S. jewelry and watch sales across all channels closed out the year with disappointing results in December as sales fell 1.6 percent year on year to $15.245 billion, according to preliminary data. Furthermore, the government revised ...
Tags: Jewelry, Watch Sales
Less than four years after acquiring GSI Commerce for $2.4 billion, eBay Inc. announced Wednesday it was studying whether to spin off the business in IPO as part of a broadening restructuring. The company disclosed the plans in its ...
Tags: broadening restructuring, box retailers, Sporting Goods
Under the agreement that signed in the Swiss ski resort of Davos, China gives Switzerland an 8-billion-US-dollar investment quota under its Qualified Foreign Institutional Investor program, and the two sides plan to open a Chinese bank in ...
Tags: Financial System, banks
PPG Industries reported fourth quarter 2014 net sales from continuing operations of $3.71 billion, up $207 million, or 6 percent, versus the prior-year figure of $3.5 billion. Net sales in local currencies grew 10 percent year-over-year, ...
Tags: portfolio management, earnings-accretive cash deployment, Construction
Constellation Brands, a beverage alcohol company, reported its third quarter 2015 results. "We achieved outstanding results for the third quarter driven by the exceptional on-going momentum for our beer business. This industry leading ...
Rick Brooks led Zumiez Inc, a leading specialty retailer of action sports apparel reported an 11.6 per cent year on year hike in net sales for the third quarter ended November 1, 2014. Total net sales for the third quarter of 2014 surged ...
Tags: sports apparel, Clothing
Producer of speciality chemicals and NYSE listed, Eastman, has announced that the Company’s Board of Directors has approved a quarterly dividend for holders of the Company’s common shares in the amount of $0.40 per common share, ...
Tags: Chemical sales, free cash flows, Textile
Gildan Activewear Inc., which is the largest supplier of branded athletic socks in the United States, reported record fourth quarter adjusted earnings per share of $1.00, up 20.5 percent compared to last year, but projected a loss for the ...
Shoe Carnival Inc. exceeded its net sales, comp store sales and earnings guidance in the third quarter thanks to strong sales of fashion boots, the roll out of national advertising, the addition of new brands in its women's department, and ...
Tags: fashion boots, Sporting Goods
Mondelez International, the maker of Oreo biscuits and Cadbury's chocolate, posted a 11% decline in earnings in the third-quarter of fiscal 2014 compared to the same period a year ago, as a result of weaker revenues and higher expenses. ...
An unplanned manufacturing disruption of PO/MTBE, led to US based Huntsman Corporation reporting a lower adjusted EBITDA, from a year ago quarter, in the third quarter of 2014. Huntsman said adjusted EBITDA amounted to $356 million in ...
Reported earnings per diluted share in the third quarter of 2014, at producer of speciality chemicals and NYSE-listed - Eastman Chemical Company, slipped 29% year on-year. “Reported earnings in the third quarter of 2014 stood at ...
Tags: Eastman Chemical, fibre segment, Textile
Producer of speciality chemicals and NYSE listed, Eastman Chemical said it expects to deliver greater than 12 percent EPS growth, from strong organic growth due to acquisition of Taminco. Alongside, Eastman also expects to generate more ...
Irish producer of alcoholic beverages C&C Group has reported 2.7% slump in operating profits to €69.2m during the six months ending August. The company said that its earnings before interest, tax, depreciation and amortisation fell ...
Tags: C&C Group, Operating Profits, Food