According to the monthly statistics released by the Turkish Automotive Manufacturers' Association (OSD), in January this year Turkey's motor vehicle output totaled 85,519 units, decreasing by three percent year on year and down by 3.4 ...
Tags: Turkey, Motor Vehicle Output, Mineral
Vyksa Steel Works, a part of Russia-based OMK Group, has announced its production results for December and the whole 2012 year. Accordingly, in 2012 Vyksa Steel Works' output of steel pipes amounted to 1.4 million mt, down 19 percent ...
Tags: Steel Works, steel pipe output, steel pipes
According to a company statement, last year the long steel division of Russian steelmaker Novolipetsk Steel (NLMK) shipped around 1.7 million mt of steel products, up three percent compared to 2011, including 1.3 million mt of rebar, up 10 ...
Tags: steel division, steelmaker, rebar
New construction starts rose 23 percent in December to a seasonally adjusted annual rate of $530.0 billion, according to the latest report from McGraw-Hill Construction, a division of The McGraw-Hill Companies. Specifically, December saw ...
Tags: Construction, nonresidential building, manufacturing plant
Making the most of a sluggish world economy, IBM managed to increase its net income by 5 percent in 2012, even though revenue shrank by 2 percent. IBM reported revenue of US$104.5 billion for fiscal 2012, down from $106.9 billion in 2011. ...
Tags: IBM, net income, revenue
China's gross domestic product (GDP) indicated a year-on-year increase of 7.8 percent to RMB 51.9322 trillion ($8.3 trillion) in 2012, as announced by China’s National Bureau of Statistics (NBS). In the fourth quarter of 2012, ...
According to the State Statistics Committee of Russia (Russtat), in the January-November period of last year Russia's exports of iron ore decreased by 4.2 percent year on year to 23.129 million mt, worth a total of $2.3 billion, down 18.8 ...
Columbus, Ohio-based manufacturing and distribution company Worthington Industries, Inc. reported Thursday net sales of $622.6 million and net earnings of $31.8 million for its fiscal 2013 Q2 ended November 30, 2012. In Q2 2012 of the prior ...
Tags: Columbus, Worthington Industries, fiscal 2013, Q2
China, the world’s leading producer, is forecast to produce 31.5 million bales, down 5 percent from a year earlier. China’s area harvested is expected to decline 7 percent from a year ago to 5.0 million hectares in 2012/13. The ...
Tags: cotton area, cotton mill, cotton consumption, cotton
The latest U.S. Department of Agriculture (USDA) cotton forecast for 2012/13 indicates that global cotton consumption is expected to rise 3 percent from last season’s 8-year low as the global economy experiences a slow recovery. This ...
Tags: Global cotton, cotton, cotton consumption, cotton spinner
NIKE, Inc. reported financial results for its fiscal 2013 second quarter ended November 30, 2012. For continuing operations, strong demand for NIKE, Inc. brands propelled double-digit revenue growth on a currency neutral basis, and diluted ...
Tags: Apparel Accessories, Nike, Digit Growth
LANCASTER, NY (BRAIN) — Tom’s Pro Bike Shop recently reopened as a Specialized Elite Shop in an expanded space four times the size of its previous store. In its current stand-alone building since 1997, Tom’s Pro Bike ...
Tags: Nichole Perrin, bikes and equipment, bikes, Tom's Pro Bike Shop
The CEO of Brocade Communications has announced plans to retire from the company, even as the storage networking vendor reported increased profits for the quarter just ended. Michael Klayko has been CEO of Brocade since 2005. The company ...
Tags: CEO, Brocade Communications, storage networking vendor, Michael Klayko
Nike Inc. reported financial results for its fiscal 2013 first quarter ended August 31, 2012. Strong demand for Nike, Inc. brands propelled first quarter revenue to new record highs. As expected, diluted earnings per share were lower due to ...
Tags: Nike, Mark Parker, diluted earnings per share, gross margin
According to U.S. Department of Agriculture's (USDA) October Crop Production report global 2012/13 cotton production is forecast to decline 6 percent from the previous year to 116.3 million bales as the rising prices of competing crops and ...
Tags: USDA, report, cotton production, decline, competing crops