Russian coking coal producer Raspadskaya lost a net $126 million in 2013, quadrupled from a net loss of $29.5 million a year ago, as its share of exports in its overall sales volumes grew to 42% due to weaker domestic demand, Raspadskaya ...
Tags: Coking Coal, Miner, integrated mining
Alcoa, the inventor and global leader of forged aluminum wheels, is investing US$13 million to expand its wheel manufacturing plant in Europe, to meet growing demand for its lightweight, durable, low-maintenance aluminum truck wheels. The ...
Tags: forged aluminum wheels, Alcoa, truck wheels
The Aluminum Corporation of China Ltd. (Chalco), the listed arm of the country's largest maker of lightweight metal, said it made net profits of 948 million yuan ($154.87 million) in 2013, reversing heavy losses in 2012. Total revenues ...
American Software, Inc. reported preliminary financial results for the third quarter of fiscal 2014. The Company has delivered 52 consecutive quarters of profitability. “We believe companies are beginning to invest more ...
Tags: American Software, Textile
Neiman Marcus Group LTD LLC reported financial results for the second quarter of fiscal year 2014. On October 25, 2013, the Company announced the completion of the acquisition of Neiman Marcus by an investor group led by Ares Management LLC ...
Tags: Neiman Marcus, Apparel
Sears Canada Inc. announced its unaudited fourth quarter and full-year results. Total revenues for the 13-week period ended February 1, 2014 were $1,182.3 million versus $1,307.2 million for the 14-week period ended February 2, 2013, a ...
Tags: Sears Canada, Apparel
VF Corp reported revenues rose 8 percent in its fourth quarter to $3.3 billion, compared with the same period of 2012, driven by double-digit growth in its Outdoor & Action Sports, Sportswear, international and direct-to-consumer ...
Tags: Sporting Goods, Recreation
Advanced Semiconductor Engineering (ASE), the world’s largest chip packaging and testing company, expects its first-quarter shipments to decrease 12-15% sequentially due to seasonal factors, as well as a partial shutdown of its K7 ...
Tags: Semiconductor, Electronics
The Ikea Group's net income increased by 3.1% to €3.3b for the financial year 2013 (to 31st August 2013), and market conditions continued to improve, reports the retailer, with strong growth in China, Russia and the US. ...
Tags: value for money, sustainable life
In 2013 TXT e-solutions, global software vendor focusing on large Customers in Retail, Luxury Goods and Fashion, has recorded revenues in excess of € 52 million, with about 13% growth versus 2012. International revenues account for ...
Tags: Luxury Goods, Fashion
China's tobacco industry generated almost 956 billion yuan ($157 billion) in taxes and profits in 2013, up 10.5 percent year-on-year, an official said on Thursday. The industry handed over 816 billion yuan in profits and taxes to the ...
Tags: tobacco industry, China's Coffers
Despite tough economic environment and rising input costs, the Rajasthan-based Banswara Syntex saw its bottom-line growing over two-fold in the quarter ended September 2013, helped by turnaround in exports in line with the rupee ...
Tags: Banswara, Lycra, RBI, readymade garments
Apple yesterday announced that App Store sales topped $10 billion in 2013, with December alone responsible for “record-breaking” revenues that exceeded $1 billion. According to a press release issued by the company, this ...
Tax revenues continue bouncing back from the low levels reported in almost all countries , at the height of the global economic crisis, according to new OECD data in the annual Revenue Statistics publication. The average tax revenue to GDP ...
Seeing difficulties achieving further growth in the notebook business, Inventec is planning to switch its focus to the cloud computing and solar industries for 2014-2016, according to company chairman Richard Lee. As most ODMs are ...
Tags: Inventec, Cloud Computing, Solar Businesses