Johnson & Johnson’s fourth-quarter medical device sales fell by 4.7%, to $6.6 billion, with the biggest drop (7.7%) in the U.S., the company announced this week. Total fourth-quarter sales were down 0.6% year-over-year, to $18.3 ...
Tags: Medical Device Business, Health
Improved global operations and a lower effective tax rate drove net income growth by 46.87 per cent year on year at value added yarns producer, Unifi Inc in the second quarter ended December 28, 2014. Unifi said its net income for the ...
Tags: tax rate, net income, Textile
Due to the euro zone, Japan and some emerging economies disappointing economic prospects, offset by a drop in oil prices brought the global economy, the World Bank cut down global economic growth forecasts on January 13, 2015 and 2016. ...
Tags: Economy, Global Economy
For coatings producers one of the big benefits of the sharp fall in oil prices in the second half of last year (2014) should be a drop in raw material costs. Some commentators are also predicting a rise in demand due to the effect of ...
Tags: Oil Prices, Raw materials, Construction
Despite a sharp decline in oil prices, the world economic outlook is subdued, weighed down by underlying weakness elsewhere, says the International Monetary Fund (IMF) in its latest update to the World Economic Outlook (WEO). Compared ...
Tags: oil prices, world economic outlook, Textile
During today's Plastics in Automotive Conference in Detroit,Sandy Munro, CEO of Munro & Associates, discussed – for the first time publicly – his consulting firm's findings from its extensive deep-dive teardown, costing and ...
Supporting some upbeat holiday forecasts, Zumiez and Pacific Sunwear of California both raised fourth-quarter guidance after reporting healthy comps in December. A few department stores also showed above-plan performances although both ...
Tags: hard goods, footwear, Sporting Goods
For fiscal first-quarter 2015 (to end-November 2014), LED chip and component maker SemiLEDs Corp of Hsinchu, Taiwan has reported revenue of $2.9m, down 15% on $3.4m a year ago but up 29% on $2.3m last quarter, due to both design wins in ...
Tags: LED components, LED chip, Electrical
Yingli Green Energy has announced that it completed grid connection for a 10 megawatt (MW) solar power plant in China's Hebei Province in late December 2014. The solar power plant is located in Fuping, a mountainous region in western ...
Tags: Solar Power Plant, Lights
PPG Industries reported fourth quarter 2014 net sales from continuing operations of $3.71 billion, up $207 million, or 6 percent, versus the prior-year figure of $3.5 billion. Net sales in local currencies grew 10 percent year-over-year, ...
Tags: portfolio management, earnings-accretive cash deployment, Construction
Adjusted gross profit in the second fiscal quarter ended November 30, 2014 climbed 57 per cent year on year at NYSE listed Performance Sports Group. As against $39.6 million in the year-ago quarter, adjusted gross profit rose 57 per cent ...
Tags: sales, marketing costs, Apparel
Bord Bia today launched its Export Performance and Prospects Report which reflects a 4% increase in exports for 2014 to reach a record high of almost €10.5bn. Aidan Cotter, Chief Executive, Bord Bia outlined the background to the ...
Tags: milk, drink industry, Agriculture
Global tablet shipments are estimated to drop 11.8% on year to reach 244 million units in 2015 as demand for high-end and entry-level tablets has both become saturated, while large-size smartphones and inexpensive notebooks are gradually ...
Tags: Tablet Shipments, Android Tablets
Genesco Inc. announced that comparable sales, including both stores and direct sales, increased 10 percent for the quarter-to-date period ended Jan. 3, from the equivalent period last year. Same store sales increased 9 percent and sales ...
In the first quarter of fiscal 2015 ended November 29, 2014, net sales rose 2.3 per cent to $2.56 billion from $2.50 billion in the first quarter of fiscal 2014 at US based retailer, Family Dollar. Comparable store sales for the 13-week ...
Tags: customer transactions, depreciation, property taxes, Apparel