RPM International Inc. has reported record sales for its fiscal 2015 third quarter ended February 28, 2015, but incurred an as-reported loss for the quarter due to a one-time, non-cash net charge for a tax accrual related to the possible ...
Tags: RPM International, record sales
Move is precursor to further liberalization of interest rate system An insurance system for bank deposits will start on May 1, a step toward scrapping remaining controls on interest rates and allowing lenders to fail in a more ...
Tags: Bank Deposit, Deposit Insurance
Global diamond jewelry demand rose 2.9 percent year on year to $81.4 billion in 2014, according to industry insight data published by De Beers on Friday. The research sets a new high for global demand, but also represents the slowest growth ...
Tags: diamond jewelry, jewelry demand
3M has reported fourth-quarter earnings of $1.81 per share, an increase of 11.7 percent versus the fourth quarter of 2013. Sales grew 2.0 percent year-on-year to $7.7 billion. Organic local-currency sales grew 6.3 percent with acquisitions ...
Tags: income margins, shareholders, Construction
Novozymes unveiled its new corporate strategy titled, ‘Partnering for impact’, which is accompanied by a new set of long-term social, environmental and financial targets. It also includes a new purpose statement which reads, ...
Tags: biology, financial targets, Textile
The International Air Transport Association (IATA) has reported an improvement in airlines’ financial well-being. Worldwide airline share prices rose 14% in November, supported by continued decline in the price of crude oil and jet ...
Net earnings at apparel and footwear marketer, Guess, Inc plunged 41.3 per cent year on year for the third fiscal quarter ended November 1, 2014. Guess said it recorded net earnings of $20.8 million in the third quarter of fiscal 2015, ...
Tags: apparel marketer, footwear marketer, Apparel
The Valspar Corporation has reported fiscal fourth quarter 2014 net sales of $1.2 billion, an increase of 11 percent over the prior year. Reported net income and earnings per diluted share for the current year include nonrecurring items, ...
Volkswagen's Spanish division SEAT is expected to stop selling its cars in Russia due to weak sales following economic downturn and its impact on local currency. Apart from other industries, cars have been hit badly due to the economic ...
Tags: economic downturn, oil prices, Auto
Sales of BASF Group grew by 3% compared with the previous third quarter, reaching €18.3 billion. A sharp rise in volumes in the Natural Gas Trading business sector was mainly responsible for this growth. Income from operations (EBIT) ...
Tags: BASF, Construction Coating
Sales of the largest sporting goods retailers reached $86,269 million in 2013 against $81,646 million the prior year, an increase of 5.7% in US$ and 6.8% in local currency compared to an impressive 10.2% growth rate in the prior year. ...
Tags: sporting goods, Developed markets
The CNY120 billion (US$19.5 billion) investment fund set up by the China government in 2014 to support development of its IC industry reportedly has begun looking for investment targets, according to industry sources. China-based chip ...
Tags: IC Industry, 4G Chip, IC
Amcor's statutory profit for the year ended 30 June 2014 from continuing operations was $737.00 million, a surge in profit of 24.6% over the previous year's result - $589.20 million. Earnings per share (EPS) was boosted by 24.7% to 61.1 ...
Carpetright plc has announced an update on trading for the 13 weeks ending 26th July 2014. Like-for-like sales in the UK increased by 6.1%, while total sales increased by 5.2%. During the period, four stores were opened and nine closed. ...
Tags: Carpetright, Furniture, Furnishing
Worldwide airline share prices fell 2% in July compared to June, but in line with performance of the broader market. Initial Q2 financial results show strong gains for US airlines' performance, but declines in Asia Pacific due to cargo ...
Tags: Service, Airline economy, Air transport