Fiat is planning to fund $61bn over the next five years to turn Maserati and Alfa Romeo into global brands and spin off its luxury sports car maker Ferrari and list the shares. The company is considering to issue $2.5bn convertible bonds ...
Tags: treasury shares, Italian heritage, Auto
This year is proving to be a pretty good year for many medtech companies. The majority of the largest 40 have seen their stock prices rise by double-digit percentages in 2014, according to a Qmed analysis. Meanwhile, only eight have seen ...
Tags: Medtech Companies, Medical device
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
For the second quarter of 2014, Methanex reported Adjusted EBITDA of $160 million, compared to Adjusted EBITDA of $255 million reported in the first quarter of 2014 and $157 million reported in the quarter ended June 30, 2013. Adjusted net ...
Tags: Methanex, Adjusted EBITDA, Textile
BP announced its financial results for the second quarter of 2014. Underlying replacement cost profit for the quarter of 2014 was $3.6 billion, 34% higher than the $2.7 billion reported for the same period in 2013 and 13% higher than the ...
Tags: oil production, gas production
Lululemon Athletica Inc. reported a drop in profit for the fiscal first quarter amid a tax charge tied to a share-repurchase plan and lowered its outlook for the year. Comparable-store sales for the first quarter decreased 4 percent on a ...
Tags: Sporting Goods, Recreation
"We obviously want to establish a clear lead in terms of product performance," said Groupe Michelin General Partner and CEO Jean-Dominique Senard At Groupe Michelin's annual shareholders meeting, shareholders adopted all of the ...
"We obviously want to establish a clear lead in terms of product performance," said Groupe Michelin General Partner and CEO Jean-Dominique Senard. At Groupe Michelin's annual shareholders meeting, shareholders adopted all of the ...
Tags: Auto Parts, Accessories, Tire, Tyre
Dillard’s, Inc. announced operating results for the thirteen weeks ended May 3, 2014. Total merchandise sales for the 13-week period ended May 3, 2014 were $1.539 billion and $1.530 billion for the 13-week period ended May 4, 2013. ...
Tags: Dillard
Robotic-assisted surgery device maker Intuitive Surgical has announced an acceleration of its $1 billion share buyback program from Goldman, Sachs & Co. in an effort to prop up its dwindling stock price. The embattled Sunnyvale, ...
EBay Inc. reported that the value of goods sold on its mobile commerce platform increased 70 percent in first quarter ended March 31, 2014 and now represent 19 percent of its e-commerce volume. Total revenue at the company increased 14 ...
Tags: Sporting Goods, Recreation, E-Commerce
Activist investor Carl Icahn fired off word on Tuesday that he beefed up his Apple stock holdings by a half-billion dollars as the share price dipped. "Just bought $500 mln more $AAPL shares," Icahn said in a message on Twitter. "My ...
Tags: Apple, buyback, shareholder, AAPL
Rémy Cointreau’s (RCO.PA) sales for the six months to 30 September 2013 were €558.0 million, an organic decline of 3.6% compared with the same period the previous year, during which strong growth of 13.3% was reported. ...
Tags: Remy Cointreau, Food
Volcano Corporation (San Diego, CA) may be looking for a suitor as its stock has underperformed the expectations of many analysts. The company’s stock has lagged behind the S&P 500 and the Health Care Equipment & Supplies index in the ...
Tags: Volcano Corporation, Medicine
BMTC Group, Quebec's largest full-line furniture, mattress and major appliance retailer, has reported its fourth consecutive quarter of declining sales, a reflection of weakening consumer spending across the province. For the three months ...
Tags: Furniture, Furnishing