ConAgra Foods, an American packaged foods company, is planning to exit its private label foods business as it looks to boost profit margins, cut costs and focus on its growing consumer foods and commercial foods segments. The plans to ...
Tags: ConAgra Foods, packaged foods
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
Applied Optoelectronics Inc (AOI) of Sugar Land, near Houston, TX, USA, a manufacturer of fiber-optic access network products (including components, modules and equipment) for the internet data-center, cable TV broadband, and ...
Tags: Applied Optoelectronics, lasers
Driven by gross margin expansion and a lower tax rate, earnings per share surged 25 per cent, year over year at sports good and sportswear marketer Nike Inc for the fiscal ending May 31, 2015. A Nike press release informed that fiscal ...
Tags: Nike, comfortable footwear, fashionable sports shoes, sports footwear
Competition in the gaming notebook segment is surely to become keener in the second half of 2015 as notebook brands including Acer, Asustek Computer, Dell, Gigabyte Technology and Micro-Star International (MSI) together are expected to ...
Tags: Gaming Notebook, Tablet Notebook
For its fiscal fourth-quarter 2015 (ended 3 May), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $320m, up 4.5% on about $306m both a year ago and last quarter. The ...
Tags: Finisar, OpEx, Electronics
At the ANGA COM 2015 Exhibition & Congress for Broadband, Cable and Satellite in Cologne, Germany (9-11 June), Anadigics Inc of Warren, NJ, USA has introduced the ARA2031 reverse-path amplifier, which delivers optimized performance for ...
Tags: DOCSIS 3.1, CPE Devices
Driven by massive reduction in expenses, Future Lifestyle Fashions Ltd (FSFL) slipped in to profits in the fourth fiscal quarter ended March 31, 2015 as against a steep loss in the same quarter of previous fiscal. In a BSE filing, the ...
NYSE listed and apparel marketer Deckers Brands reported a 15.6 per cent year over year hike in net sales for the fourth fiscal quarter ended March 31, 2015. “Net sales increased 15.6 per cent to a record $340.6 million in the ...
Tags: Deckers Brands, apparel
While government estimates released Wednesday show the overall U.S. economy contracted, they indicate the sporting goods industry continued to grow. Real gross domestic product - the value of the production of goods and services in the ...
Chiripal Group company and India’s second biggest denim fabric producer, Nandan Denim Limited posted revenue growth of 22.7 per cent year over year in the fourth fiscal quarter ended March 31, 2015. In a press release, Nandan Denim ...
Tags: denim fabric, Textile
NXP Semiconductors N.V. of Eindhoven, The Netherlands has agreed to sell its RF Power business for $1.8bn to Jianguang Asset Management Co Ltd (JAC Capital, a subsidiary of China state-owned investment company JIC Capital). NXP's RF Power ...
Tags: RF Power Business, JAC
Metso is supplying valves for packaging company Stora Enso's Varkaus Mill fine paper machine conversion to light-weight containerboard in Finland. The company will deliver Neles ball valves, V-port segment valves and triple eccentric ...
Tags: Metso, Paper Mill
India recorded the highest index score in consumer confidence in Asia-Pacific of 130, a one-point increase from the previous quarter and a level that has not been reached since 2011. Confidence in India has been on the rise for six ...
Tags: Nielsen Consumer, Textile
Kewal Kiran Clothing, a marketer of Killer, Lawman and Easies denim and apparel brands, reported an 18 per cent year on year surge in net sales for the fourth fiscal quarter ended March 31, 2015. In a BSE filing, the Kewalchand Jain led ...
Tags: Kewal Kiran Clothing, denim, apparel