Net income declined 11% to $34,515,000 from $39,860,000 for the period ended May 4 and included a $0.25 a share impact, largely related to inventory reserve, for the retailer’s foray into luxury merchandise. Revenues rose 8% to ...
Tags: DSW, Sporting Goods
As the time for a shareholder vote draws near, the Dell special committee weighing competing bids for the company said Wednesday that a plan from investor Carl Icahn and Southeastern Asset Management comes up short by billions of dollars. ...
Tags: Dell, Icahn Bid, Wall Street
Hindusthan National Glass and Industries Ltd (HNG) has posted a net loss of Rs 84 crore in Q4 FY13 against a net profit of Rs 31 crore in Q4 FY12. For the full year, the country’s largest container glass maker posted a net loss ...
NEMA’s shipment indexes for high intensity discharge (HID) lamps declined on a year-over-year basis (y/y) for the fourth consecutive quarter in 2013Q1. Shipments of sodium vapor lamps decreased 14.1 percent (y/y) to an index reading ...
NEMA’s T5 and T8 linear fluorescent lamp indexes surged upward 6.3 and 15.7 percent on a year-over-year basis (y/y), respectively, during 2013Q1. Moreover, the T8 index value of 120.2 was the second highest in the history of the ...
Tags: Linear Fluorescent Lamp, Lighting
George R Hoguet, General Manager and global investment strategist of State Street Global Advisors said that China economy growth in the next half year will be almost the same as the first one's, maintain 7.5%. China economy has achieved a ...
Tags: Soft Landing, China Economy
Dashang (SHSE: 600694) on May 27 announced the restructuring plan following more than three-month trade suspension to acquire retail business and related assets under Dalian Dashang Group and Dalian Dashang Investment Management at CNY ...
The National Retail Federation and a broad cross-section of retailers asked a federal judge to reject a proposed settlement of an antitrust lawsuit over credit card swipe fees that drive up prices for consumers by $30 billion a year, ...
NEMA’s index for halogen A-line lamp shipments showed sharp growth during Q1 2013 registering an index level of 528.3, an increase of 127.1 percent on a year-over year basis (y/y). In contrast, the incandescent lamp index retreated by ...
Tags: Sustained Growth, Lamp Index
Hewlett-Packard reported a 32% drop in profit for its second fiscal quarter, due partly to slower sales of PCs and servers. HP's revenue for the quarter, ended April 30, was $27.6 billion, down 10% from the same period last year, the ...
LASER 2013: Laser market "at record high" – analyst 22 May 2013 …but global markets diverge and reflect exchange rate swings, says Optech Consulting. On the up: The global market for laser materials processing systems. The ...
The National Retail Federation announced that it will formally oppose a proposed settlement of a federal antitrust lawsuit over credit card swipe fees charged by Visa and MasterCard, and urged retailers to carefully consider their own ...
Finnish startup Jolla has announced its first smartphone, which shows off its Sailfish OS on a 4.5-inch screen. The device integrates the company's unique back covers with the software, allowing the look to change and new features to be ...
Tags: Consumer Electronics, Jolla, Smartphone
The Romanian cement market declined 0.2 percent in 2012 owing to bad weather and an unfavorable economic context, and this year seems no better as yet. Any growth by yearend will be small, and could only come from infrastructure investments ...
Tags: Cement, Construction
According to USDA’s first projection for the 2013 crop, U.S. cotton production is forecast at 14.0 million bales, 19 percent below the final 2012 crop estimate. Based on the Prospective Plantings report, 2013 cotton area is expected ...
Tags: Cotton Crop, Cotton