Stronger-than-expected growth in China's foreign trade last month has surprised the market and prompted many analysts to look for further hints of underlying economic strength. China's foreign trade volume climbed 10.3 percent year on ...
Tags: China's Trade, trade surplus
The Ifo Indicator for the world economic climate continued to rise. Assessments of the current economic situation were more positive than three months ago. The six-month economic outlook remains bright. The world economy is expected to gain ...
Tags: Service
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
All currencies in this story have been converted to Australian dollars at today’s (4 February 2014) exchange rate Sales of Electrolux appliances in Australia “declined somewhat” in the final three months of 2013, ...
Tags: Electrolux appliances
Hospital equipment maker Hill-Rom(Batesville,IN)plans on cutting approximately 350 workers,or 5%of its global workforce,to save roughly$30 million annually.The restructuring efforts include a downsizing of the firm's European manufacturing ...
Tags: Medtech, Hill-Rom, restructuring
DENSO Corporation today announced its third quarter global financial results for the nine months ending Dec. 31, 2013. Consolidated net sales totaled 3,016.6 billion yen (US$28.8 billion), a 17.4 percent increase from the previous year. ...
Tags: DENSO Corporation, Auto Parts
GE Capital confirmed it is administering a $100 million multi-currency revolving credit facility for Billabong International that closed in December. GE Capital said the new credit facility will be used to refinance existing debt and ...
Tags: GE Capital, RVCA, Corporate Finance, Billabong International
ICE Cotton settled almost 150 pts lower for the week at 85.83 c/lbs basis the H4, which wasn’t bad considering Monday started with a 300 pts sell-off. What looked like a near-term top above 88 cents now has to be viewed a bit more ...
Tags: ICE Cotton, Textile
Comparable sales growth combined with increased profitability in first quarter LED-based business (SSL) with revenue share of one third for the first time Osram confirms outlook for full fiscal year In a still challenging environment, ...
Tags: Osram, profit growth, projector module
Hyundai Motor Company, the fastest-growing automaker by brand, today announced its 2013 full-year earnings results. The company's revenue rose on increased sales from its overseas markets, while profits fell slightly due to production ...
DuPont announced fourth quarter 2013 operating earnings of $.59 per share compared to $.20 per share in the prior year. GAAP earnings from continuing operations were $183 million or $.19 per share, versus $4 million or zero per share last ...
Shimano Group reported net sales reached ?71.0 billion yen in the year ended Dec. 31, 2013, up 10.2 percent from 2012. The Japanese company said China's growing appetite for sport bikes more than offset lackluster demand in North America, ...
Tags: Sporting Goods, Recreation
Workforce Systems was launched in 1989 and now in its 25th year from its Bolton base it still provides IT support to North West based businesses. The majority of Workforce customers do not employ their own IT staff. Workforce provides ...
Kimberly-Clark Corporation reported year-end 2013 results and provided its 2014 outlook and related key planning assumptions. Executive Summary Fourth quarter 2013 net sales of $5.3 billion were even with the year-ago period. ...
Improved gas and power supply is positively reflecting in textile and clothing exports from Pakistan, and the sector can easily generate an additional export revenue of US$ 3 billion if the Government continues providing such uninterrupted ...