JDSU of Milpitas, CA, USA says that its board of directors has unanimously approved a plan to separate JDSU into two independent publicly traded companies: An optical components and commercial lasers company (CCOP), consisting of JDSU's ...
NYSE-listed apparel retailer, Oxford Industries, Inc. reported rise in net sales of 5% to reach $246.2 million in second fiscal quarter ended August 2, 2014, compared to $235.0 million in the second fiscal quarter of 2013. On an adjusted ...
Gokul Jaykrishna, Joint MD, Asahi Songwon Colors is very optimistic about the growth outlook for the pigment industry in India over the next five years. He sees good growth for the business in Asian countries like India and China and also ...
For fiscal first-quarter 2015 (ended 27 July 2014), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported its eighth consecutive quarter of sequential revenue growth, to a record $327.6m, ...
Australia’s largest multi-brand retail food franchisor and leading wholesale coffee roaster, Retail Food Group Limited (RFG) has announced a record Net Profit After Tax (NPAT) of $36.9 million for the 2014 financial year, an increase ...
Tags: Retail Food Group, coffee roaster
Campbell Soup Company today reported its fourth-quarter and full-year results for fiscal 2014. The company reported earnings from continuing operations for the quarter ended Aug. 3, 2014, of $137 million, or $0.43 per share, compared with ...
Tags: Agriculture, Food
A manifold hike in interest expense, pushed NASDAQ-listed and apparel and home décor retailer Gordmans Stores Inc to report a net loss in the second fiscal quarter ended August 2, 2104 compared to net profit, a year earlier. ...
Tags: home décor, Retailer Gordmans, Apparel
Led by a decline of 9% in US sales, net sales at NYSE-listed apparel retailer Abercrombie & Fitch Co slipped 6% year on year in the thirteen weeks to August 2, 2014. In the second fiscal quarter of 2014, revenues at Abercrombie & Fitch ...
Tags: Abercrombie&Fitch, Apparel
Despite a 50% growth in the North American online business, net earnings crashed 50.5% year-on-year at lifestyle apparel retailer Guess Inc in the second fiscal quarter ending August 2, 2014. For the second quarter of 2014, Guess ...
Huntsman Corporation said it saw meaningful improvements across its business, while releasing financial results for the second quarter ending June 30, 2014, as net income skyrocketed more than 150%, from a year earlier. Net income surged ...
Tags: Huntsman Corporation, Net Income, Textile
Fonterra plans to acquire 20% stake in one of China's biggest milk processors, Beingmate, to form a global partnership with a total investment of $615m, which would help meet China's growing demand for infant formula. The partnership ...
Nigerian President Goodluck Jonathan performed the groundbreaking ceremony for the construction of a methanol plant in Ibom State last week. The methanol plant, to be constructed at a cost of US$ 1.5 billion, is being set up by Quantum ...
Tags: The Methanol Plant, Quantum Petrochemical Company, Textile
Revenues rose marginally by 1.8 percent at China-based sportswear marketer Xtep International Holdings Limited for six months ending June 30, 2014. At a press conference attended by Ding Shui Po and Terry Ho, CEO and CFO, respectively at ...
US-based private-equity firm Oak Hill Capital Partners will acquire Berlin Packaging, a supplier of plastic, glass and metal containers for an amount close to $1.43bn, including debt. Oak Hill will pay a price for Berlin Packaging that is ...
Collins Foods sees KFC growth, while Sizzler ‘lags’ Fast food restaurant operator Collins Foods Limited (Collins Foods) has announced growth in the first quarter of the 2015 financial year for its KFC restaurants beyond what ...
Tags: Collins Foods, KFC, Food