China's state-run media are trying to do something the securities industry has failed to accomplish for much of the past three years: get the world's biggest population to buy more stocks. The official Xinhua News Agency published at ...
Tags: Stocks, China economy
IATA reports that air freight volumes were up by a strong 5.8% in July compared to a year ago. This is an acceleration on June, when freight tonne kilometres rose 2.4%, and reflects improving demand conditions in some regions. There was ...
Tags: Air Freight, Service
The Multifamily Production Index (MPI), an indicator for the multifamily market released by the National Association of Home Builders (NAHB), posted a gain of five points to a reading of 58 for the second quarter. It is the 10th straight ...
Tags: MPI, multifamily market
The U.S. Green Building Council (USGBC) and the American Chemistry Council (ACC) have formed a new initiative designed to ensure the use of sustainable and environmentally protective products in buildings by applying technical and ...
Corrugated and plastics packaging company DS Smith has completed the acquisition of remaining 50% stake in Italian recycling company Italmaceri Srl. DS Smith's acquisition of Italmaceri was a part of the acquisition of SCA Packaging in ...
Brazil’s Votorantim posted BRL 6.8 billion ($2.9 billion) in net revenue in the second quarter of 2014, the company said on Monday. Votorantim reverted a BRL 307 million ($134.66 million) loss registered a year ago to BRL 514 ...
Tags: Votorantim, Revenue, Metallurgy
Hain Celestial Group has reported strong fourth-quarter and fiscal-year sales and higher profits, mainly aided by distribution gains, new products and international acquisitions. Net sales for the fourth quarter ended 30 June totaled ...
Tags: Hain Celestial, Sales, Food
As it prepares for its $43 billion merger with Medtronic, Covidien has purchased a small California medtech company. The price was not disclosed. Privately held Reverse Medical Corp. (Irvine, CA) makes devices to manage acute stroke and ...
Tags: Covidien, Medtech Company, Health
As a result of same stores sales declining 6.8 percent, combining with closure of a few stores, overall revenue at retailer Sears Canada Inc. declined 11.9 percent year-on-year in the 13-week period ended August 2, 2014. In the second ...
Nationwide housing production fell 9.3% to a seasonally adjusted annual rate of 893,000 units in June, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The drop was ...
Tags: Housing Production, Fall, Construction
Growth in home improvement activity is expected to peak during the second half of 2014 and then begin to ease heading into next year, according to the Leading Indicator of Remodeling Activity (LIRA) released by the Remodeling Futures ...
Tags: Growth, Improvement, Construction
Summer Las Vegas Market which runs through July 31, 2014 – welcomed a growing number of buyers from an increasingly diverse range of U.S. regions and countries, drawn by the Market’s dramatically expanding and enriched ...
Tags: Las Vegas Market, Response, Furniture
Taiwan's leading machine-tool makers remained profitable in the first half (H1), 2014 despite the revaluation of the new New Taiwan dollar against the U.S. dollar, which seriously compromised gains from foreign exchange in H1. Industry ...
Tags: Machine Tool, motivate machinery, Machinery
Toll’s revenue increased 1.1 per cent over the previous year to $8.8 billion. Total earnings before interest and tax (before individually significant items) were up 4.3 per cent to $444.4 million, and net profit after tax (before ...
Tags: Toll, Challenges, Service
For fiscal third-quarter 2014 (ended 27 June), Skyworks Solutions Inc of Woburn, MA, USA (which manufactures analog and mixed-signal semiconductors) has reported revenue of $587m, up 22% on $481m last quarter and 34.6% on $436.1m a year ...
Tags: Skyworks, semiconductors