LED chip, lamp and lighting fixture maker Cree Inc of Durham, NC, USA says that its board of directors has approved the following: a restructuring of the LED Products business; a $500m stock buyback authorization for fiscal 2016; and the ...
Tags: Cree LED, LED chip, ASP Erosion
Driven by redemption of $0.5 billion of preferred securities in December 2014, net income at NYSE listed Kimberly-Clark (K-C) was knocked down by 35.71 per cent year on year in the first quarter ended March 31, 2015. According to a K-C ...
Tags: Kimberley Clark, Q1 Net Income
Akzo Nobel N.V. has reported a solid first quarter with positive developments in all three Business Areas despite a challenging market environment. First quarter operating income increased 42 percent to €306 million, reflecting the ...
Tags: AkzoNobel, Specialty Chemicals
“In 2014, we delivered 16 per cent growth in adjusted earnings per share, significantly increased return on capital, and distributed over $480 million of cash to shareholders, CEO of Avery Dennison said. CEO Dean Scarborough said, ...
Tags: Avery Dennison, Textile
In an unaudited trading update for 2014, epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says that it expects full-year revenue to be about £112m (down 11.7% on £126.8m in 2013, but in line with expectations). ...
Premium Brands, a producer, marketer and distributor of branded specialty food products, announced its results for the third quarter of 2014. * Revenue for the quarter increased by 15.2% to $330.4 million as compared to $287.0 million for ...
Tags: Premium Brands, Adjusted EBITDA, Agriculture
Dorel Industries Inc. reported organic revenue increased by 6 percent at its Recreational/Leisure segment in the third quarter. Segment sales are up 8 percent for the three quarters ended Sept. 30 compared with the same period in 2013. ...
Tags: Dorel Industries, bicycle
Avery Dennison, a producer and marketer of apparel labels said its profits in the third quarter ending September 30, 2014 climbed 38 percent year-on-year. Avery Dennison's third-quarter of 2014 profit rose to $64.3 million or $0.68 per ...
Tags: Avery Dennison, apparel labels
Akzo Nobel N.V. has reported positive volume growth and, for the fifth consecutive quarter, an improvement in Return on sales (ROS) – from 8.0 percent to 9.1 percent. Excluding restructuring costs of €55 million, ROS was 10.6 ...
Tags: AkzoNobel, Performance Coatings
PPG Industries reported third quarter 2014 net sales from continuing operations of $3.94 billion, up $161 million, or 4 percent, versus the prior year. Third quarter 2014 reported net income from continuing operations was $377 million, or ...
Tags: PPG, Construction Coating
Crocs, Inc. hit reverse Tuesday, saying it will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The latest restructuring plan coincided with release of the company’s financial ...
Tags: Crocs, Stores, Sporting Goods
Akzo Nobel N.V. reported positive volume development in all three Business Areas. Second quarter revenue of €3,710 million was 4 percent lower compared with the same quarter last year. The decrease was mainly due to 5 percent adverse ...
Tags: Akzonobel, Report, Decoration
PolyOne Corporation today reported its second quarter results. As expected and to drive earnings growth, the company continued to exit certain unprofitable products associated with the Spartech acquisition completed in March of last year. ...
Tags: PolyOne, Results, Decoration
Avery Dennison Corporation announced preliminary, unaudited results for its second quarter ended June 28, 2014. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise ...
Tags: Avery Dennison, Sales, Textile
PURE Bioscience, creator of the patented silver dihydrogen citrate (SDC) antimicrobial, reported financial results for the second fiscal quarter ended April 30, 2014. Revenues for the third fiscal quarter of 2014 were $261,000, compared ...
Tags: Agriculture, Food, Chemicals