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
Opus Group has signed a binding agreement to sell 100% of Opus Equipment to MECA Scandinavia , a subsidiary of Mekonomen Group. The sale streamlines Opus Group's operations focusing on being a leading global vehicle inspection company. ...
Tags: Opus Group, Opus Equipmen
The retailer narrows net loss on last year’s results but a decrease in promotional activities, baby and entertainment segments have lead the firm to a first quarter loss of $140 million. Toy R Us is remaining positive over its first ...
Indian automobile major Mahindra & Mahindra (M&M) is gearing up to unveil a light commercial vehicle Jeeto by June-end. In what has been inferred as a bid to compete with minitruck Ace Zip, manufactured by Indian automotive giant Tata ...
Tags: light commercial vehicle, Jeeto
Net revenue for the first fiscal quarter ended May 3, 2015 at apparel retailer Lululemon Athletica Inc. climbed 10 per cent to $423.5 million from $384.6 million in the first quarter of fiscal 2015. “Total comparable sales, which ...
Tags: Lululemon Athletica, Apparel
Net profit at Spain based Inditex Group, the biggest global apparel marketer soared 28 per cent year on year in the first fiscal quarter ended April 30, 2015. In the three months to April 30, 2015, an Inditex Group press release, said its ...
Tags: apparel marketer, apparel
Women are playing a part as important as their male peers in driving the growth of e-commerce in China, a report said on Thursday. As of last year, women were running more than half of the shops on Taobao and Tmall, the two largest online ...
Tags: Online Economy, e-commerce
The study shows that M&A activity has slightly boosted the European packaging industry during a difficult time, with key deals having been completed in the UK. The study, 'Investment Analysis of the European Packaging Industry', also ...
Tags: Packaging, Printing, European Packaging
Chinese stocks and economic growth have long had little to do with each other. Between 2010 and early 2014, when China boasted the world's fastest-growing economy, its stockmarket was consistently among the world's worst performers. Since ...
Tags: Stockmarket, Economy
The long-term consequences of China's coming stockmarket correction are the ones to fear IF YOU were a Chinese worker you could have spent the past year toiling to earn a living. Or you could have bought some shares and sat on the sofa ...
Tags: Share Prices, Economy, Stockmarket
For the first fiscal quarter ended May 2, 2015, net income doubled over the same quarter of previous fiscal at apparel retailer and NYSE listed, Tilly’s, Inc. Net income for the first quarter of fiscal 2016 reached $1.3 million, or ...
Tags: apparel retailer, Apparel
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
Genesco Inc. reported earnings slid 29.3 percent in its first quarter to $9.9 million, or 42 cents a share. Earnings, adjusted for one-time gains and costs, were 51 cents per share, falling well short of Wall Street's consensus estimate of ...
Tags: Genesco, Wall Street Targets
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
New Zealand dairy giant Fonterra Co-operative Group has cut the current season forecast Farmgate milk price to $4.40 per kilo of milk solids (kgMS) after the increase in global commodity prices failed to meet the required expectations. ...
Tags: Fonterra, Farmgate Milk Price