India’s auto component manufacturer Pricol has acquired a Brazilian auto component firm Melling do Brasil through its wholly-owned Spanish subsidiary Pricol Espana. The company has informed BSE that its Board of Directors has ...
Tags: oil, water pumps, cold start valves, Auto
For the third fiscal quarter ending November 1, 2014, retailer, Sears Holding Corp reported a marginal drop in net loss vis-a-vis the quarter ended November 2, 2013. Net loss at Sears totalled $548 million or $5.15 loss per diluted share ...
Tags: Sears Holdings, Apparel
Fox Factory Holding Corp. entered into a definitive agreement to acquire substantially all the assets of the Race Face and Easton Cycling businesses, formerly Race Face Performance Products, Inc. and 0999324 B.C. Ltd. Race Face/Easton ...
Tags: Cycling, Sporting Goods
Eastman Chemical Company announced the completion of its acquisition of Taminco Corporation, a global specialty chemical company, for a total of $2.8 billion in cash and assumed debt. The acquired Taminco businesses are expected to be ...
Tags: cash debt, charges, Construction
Axalta Coating Systems Ltd. has announced its financial results for the quarter ended September 30, 2014. The results contained in this earnings release reflect the results previously filed in Form 10-Q on November 14, 2014. Key ...
Freedom Group, the parent of Remington, reported a loss of $6.4 million in the third quarter ended Sept. 28, against earnings of $30.6 million a year earlier. Sales slid 27.1 percent to $253.6 million from $347.1 million a year ago, ...
Tags: Freedom Group, Sporting Goods
Led by mattress fabric sales in the second fiscal quarter ended November 2, 2014, Culp, Inc, one of the world’s largest marketers of mattress and upholstery fabrics, reported highest sales for the second quarter in ten years. In ...
Tags: mattress, upholstery fabrics, Textilec
China's imports shrank unexpectedly in November while export growth slowed, fuelling concerns that the world's second-largest economy could be facing a sharper slowdown and adding pressure on policymakers to ramp up stimulus measures. ...
Tags: export growth, economy
Sportsman's Warehouse Holdings, Inc. completed the refinancing of its existing $235 million senior secured term loans at a lower interest rate and has increased the borrowing capacity under the terms of its revolving credit facility. These ...
Tags: Warehouse, Sporting Goods
Johnson Outdoors Inc. reported sales increased 10 percent to $84.9 million in the fourth quarter ended Oct. 3 compared with $77.3 million in the fourth fiscal quarter of 2013 due to double-digit growth in both Marine Electronics and Outdoor ...
Economists are calling for more proactive fiscal policies to counter the deepening slowdown in growth, as China's annual Central Economic Work Conference is set to start on Tuesday. The meeting, usually held in early December, sets the ...
Agri-business company Olam International has agreed to acquire US peanut sheller McCleskey Mills, in a $176m deal. The acquisition is in line with Olam's strategy to invest in specific products, including edible nuts. McCleskey is ...
Tags: edible nuts, peanut sheller, Agriculture
US based apparel marketer and NYSE listed, PVH Corp said its earnings per share for the third fiscal quarter ended November 2, 2014 rose in double digits from the prior year quarter. On a non-GAAP basis, PVH which has marquee fashion ...
Tags: Calvin Klein, Apparel
Specialty retailer of West Coast inspired apparel & footwear, Tilly’s said in the third fiscal quarter ended November 1, 2014, its net sales dropped 6 per cent from a year ago quarter. In the thirteen weeks period to November 1, ...
Tags: apparel retailer, footwear, Apparel
For the thirteen weeks period ended November 1, 2014, net loss at clothing retailer Aeropostale more than doubled year on year as a result of huge amount of after tax charges. The retailer reported a net loss for the third quarter of 2014 ...
Tags: Clothing Retailer, tax charges, Apparel