U.S. Steel Corp and AK Steel Holding Corp expect better performance along with recovery of global economy and steady low cost of raw materials such as coal and iron ore. The global steel demand is expected to rise 3.2% compared with ...
Russia’s TMK, the biggest steel pipe supplier for the energy sector, reported cautious optimism on Tuesday as recovery of domestic demand in core pipe products. TMK shows a loss of pipeline project sales but welded oil country ...
Tags: TMK, steel pipe, core pipe products
Canadian retailer Metro Inc has reported an increase in first-quarter profits as higher sales boosted margins. Metro booked a 17.1% rise in net earnings to C$121.4m (US$121.1m) for the quarter to 22 December. Excluding profits from a ...
Tags: food inflation, food industry, profits
India Ratings’ outlook for cotton textiles remains negative to stable for 2013 on account of subdued demand, although margins are expected to benefit from softening raw material prices. The outlook for synthetic textiles remains ...
Tags: cotton textile, cotton, textiles, cotton prices
The Information Commissioner’s Office (ICO) found that Sony could have prevented being hacked in April 2011. Sony's April 2011 hack of its PlayStation platform saw the personal data of millions of customers put at risk. ...
Tags: Sony, PlayStation platform, software
The blocked Facebook friend-search feature on Twitter's new Vine mobile video app may be an annoyance for users, but it's all part of the social networking game. Vine, a service launched Thursday by Twitter that allows users to quickly ...
Despite declines in its coal volumes, Kansas City Southern swung to a fourth quarter and year-end profit, partly on growth in shipments of crude oil and frack sand, executives of the railroad said Tuesday. "The growth in crude and ...
Tags: coal volumes, Kansas, crude oil, frack sand
Micron today announced it is shipping its highest endurance, multi-level cell (MLC) enterprise-class solid-state drive (SSD) for servers, P400m, which can sustain 10 full drive writes per day for five years, the company said. The P400m ...
Tags: Micron, multi-level cell, solid-state drive
Disappointing retail figures – including a slowdown in food sales – and the impact of the recent bad weather could plunge Britain into a triple-dip recession, experts are warning. Snow way to run a business: Each day of ...
Tags: Big Freeze, triple-dip recession, food sales
The Australian share market was flat in quiet trading before a US holiday and the outcome of a two-day policy meeting of the Bank of Japan. US markets were due to be closed for Martin Luther King Day. The benchmark S&P/ASX 200 rose 0.1 ...
Tags: share market, Australia, Australia economy
The sharemarket was flat in quiet trading before a US holiday and the outcome of a two-day policy meeting of the Bank of Japan. US markets were due to be closed for Martin Luther King Day. The benchmark S&P/ASX 200 rose 0.1 per cent to ...
Tags: sharemarket, US holiday, US markets
Insteel Industries, Inc. reported Thursday net earnings of $2.4 million, or $0.13 per diluted share for Q1 of fiscal 2013 compared with a net loss of $0.2 million in the same period a year ago. Insteel said that its financial results for ...
Tags: Insteel reports, Insteel Industries, welded wire reinforcement
The Australian sharemarket rose to a 20-month high today as investors continued to buy banks, consumer staples, property trusts, healthcare and energy companies, while remaining hesitant on iron ore producers after spot iron ore prices ...
Tags: Stocks, Australian sharemarket, sharemarket
Even after Oracle patched critical Java vulnerabilities on Monday, the U.S. Computer Emergency Readiness Team (US-CERT) continued urging users to disable Java browser plug-ins. "Due to the number and severity of this and prior Java ...
Poor weather at Qinhuangdao and other coal export ports in northeast China have impeded some coal shipments to power plants along the Asian country's coastline, but well-covered Chinese end users were refraining from panic buying in the ...
Tags: Qinhuangdao, coal shipments, coastline