Delta Apparel, Inc. reported earnings fell 45 percent in the third quarter ended June 28, to $2.2 million, or 27 cents per share, from $4.0 million or 48 cents, a year ago. Revenues were down 7.6 percent to $123.5 million from $133.6 ...
Tags: Delta Apparel, Earnings, Sporting Goods
The Equipment Leasing and Finance Association's (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $827 billion equipment finance sector, showed their ...
Lear Corporation a leading global supplier of automotive seating and electrical distribution systems, reported financial results for the second quarter. Highlights include: -Sales of $4.6 billion, up 11% from a year ago -Record ...
Tags: Lear, Earnings Escalate, Textile
For the second-quarter 2014, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $95.1m, up 5% on $90.8m last quarter but down 2.5% on $97.4m a year ago. Data Storage ...
Tags: Veeco MOCVD MBE ALD, Electrical, Electronics
The European Union Chamber of Business in China has released its latest survey, based on 552 European Chamber member companies and produced in partnership with Roland Berger Strategy Consultants. The survey indicates that business ...
Tags: Economy
United States Steel Corporation announced Monday that it will indefinitely idle two tubular manufacturing facilities in McKeesport, Pennsylvania, and Bellville, Texas, in early August, impacting approximately 260 employees as a result of ...
Tags: US Steel, Tubing Plants
Hyundai Motor Company, a South Korean automotive manufacturer, has launched the new front-wheel drive premium sedan codenamed AG at the Busan International Motor Show. With this launch, the manufacturer intends to address heavy ...
Tags: Hyundai Motor, Premium Sedan
According to the short-range outlook report issued by IREPAS, the global association of producers and exporters of long steel products, the global long steel products market is still characterized by uncertainty amid the adverse effects of ...
Tags: Long Steel Demand, steel products
In the first quarter of this year, order bookings in the German machine tool industry increased by 10 percent year on year, according to the German Machine Tool Builders' Association (VDW). Given the dominance of the German industry in the ...
Moody's has changed its outlook for the global shipping industry to stable from negative on April 30. This outlook reflects Moody's expectations for the fundamental business conditions in the industry over the next 12 to 18 months. ...
Tags: Shipping, Global Shipping
The IATA reports that growth in air freight markets moderated in February, rising 2.9% compared to a year ago, down on the 4.3% increase in January. But combining the first two months of the year shows there has been a solid 3.6% gain in ...
Tags: Air Freight, Service
A key gauge of China’s manufacturing activity fell again in February as companies are becoming increasingly cautious about future business conditions amid sluggish demand both at home and abroad. The official Purchasing ...
Tags: PMI, manufacturing activity
US Steel Corp. confirmed Monday that it will lay off workers at its Lorian Tubular Operations plant in Ohio, although the brief statement did not indicate how many workers would be affected or when the layoffs would be implemented. ...
Tags: Tubular Plant, Mineral
Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue for full-year 2013 of $331.7m, down 36% on 2012's $516m, with all of the firm's businesses experiencing down cycles. LED & ...
Tags: Veeco MOCVD MBE ALD, Epitaxial deposition, process equipment, Electrical
In the fourth quarter of 2013, order bookings in the German machine tool industry fell by six percent year on year, according to the German Machine Tool Builders' Association (VDW). Given the dominance of the German industry in the ...
Tags: Machine Tool Industry, Mineral