Driven by strong revenue growth and gross margin expansion, net income at sports goods marketer, Nike for the third fiscal quarter ended February 28, 2015 surged 16 percent year over year. In the third quarter of fiscal 2015, Nike said ...
Tags: sports goods, Nike, Nike brand
Nike Inc. reported earnings rose 16.0 percent in its third quarter ended Feb. 28, to $791 million, or 89 cents a share, versus Wall Street's consensus target of 84 cents. Sales rose 7.0 percent to $7.46 billion. Sales on a currency-neutral ...
Tags: Nike, Earnings, Sporting Goods
Li Ning widened its loss in 2014 to RMB743.5 million ($125 mm) from RMB359.4 milion a year ago. Revenues rose 15.6 percent to RMB6.73 billion ($1.13 bn) from RMB5.82 billion. Li Ning warned in January that it expected to post a loss for ...
Tags: Li Ning, growth phase, Sporting Goods
Ecco reported profit after tax increased 7.6 percent in 2014 while revenues grew 9.1 percent. The gains came despite challenging conditions in some markets, most notably in Russia and the Ukraine, which suffered serious economic problems. ...
Tags: Ecco, shopping, Recreation
Instant noodles are an essential part of life for many people in China and other Asian countries, thanks to their convenience, cost and taste. Chinese people consume more than 40 billion packets of instant noodles annually, accounting for ...
Tags: Instant noodles, junk food
LED packaging service provider Everlight Electronics has acquired an existing factory in central Taiwan from optical disc maker Ritek at a price of up to NT$1.3 billion (US$41.3 million) to expand production capacity by 25%. Production at ...
Lextar Electronics and Everlight Electronics have seen utilization rates rise to 80% and expect the rates to further rise to 100% and 85%, respectively, in the second quarter of 2015 due to increasing orders for LED lighting and ...
Tags: Lextar, Everlight, Lextar Electronics
A leading Vietnamese garment firm Duc Giang Corporation (Dugarco) has signed a cooperation agreement with Luen Thai Holdings, a leading garment company listed on the Hong Kong exchange. The agreement has been signed with an objective ...
Tags: formal wear, work wear, Dugarco, jackets
BCC Research reveals in its new report on supercapacitorsUnconventional internal design yields a larger capacitanceThat property of a system of conductors and dielectrics which permits the storage of electricity when potential difference ...
Tags: BCC, Industry, Electrical
Quiksilver Inc. reported its losses narrowed on a 13.7 percent decline in sales for the first quarter ended Jan. 31, but of the "revenue cut-off issue" the company cited two weeks ago as the reason for postponing the release of the ...
Tags: Quiksilver, Q1 Sales, Footwear
Molycorp, Inc. has announced financial and operating results for the fourth quarter and full year 2014. FOURTH QUARTER 2014 RESULTS The Company reported consolidated net revenues of $116.2 million, a 6% decrease over the third quarter ...
Tags: Molycorp, Rare Metals
Chemicals giant Ineos has started a community consultation process in a bid to gain support for fracking. The firm's consultation process will start in mid-April with a series of "town hall" meetings, beginning in areas where it already ...
LED epitaxial wafer maker and LED packaging service provider Lextar Electronics on March 5 reported consolidated revenues of NT$1.054 billion (US$33.5 million) for February, decreasing 17.05% on month but increasing 19.61% on year, and ...
Tags: LED packaging, Lextar Electronics
Delta Electronics has reported consolidated revenues of NT$11.673 billion (US$369.96 million) for February 2015, representing a 30.46% drop on month and 9.79% drop on year. The company has totaled NT$28.458 billion in year-to-date ...
Yageo has reported consolidated revenues of NT$1.84 billion (US$58.24 million) for February 2015, representing a 28.68% drop on month and 0.66% drop on year. The company has totaled NT$4.421 billion in year-to-date revenues, up 4.99% ...
Tags: Yageo, Decreased Revenues