US home furnishings retailer - Bed Bath & Beyond Inc. reported near stable net earnings, while sales rose 4.3% year-on-year in the second fiscal quarter ending August 30, 2014. The retailer clocked net earnings of $1.17 per diluted share ...
Tags: home furnishings, Bed Bath
Nippon Paper Industries will likely report a 25% year-on-year increase in operating profit to around 13 billion yen ($118 million) for the six months ending Tuesday, falling short of a prior projection of 16 billion yen amid soft corporate ...
Tags: Paper, printing paper, Office Supplies
Ferro Corporation has signed a definitive agreement with Milan, Italy-based Private Equity Funds' Management Company Star Capital SGR S.p.A. and two minority owners and founders Gianfranco Padovani and Sergio Zannoni to acquire Casola ...
Tags: Tile, Ferro Corporation, Coating
Canadian fashion retailer Hudson’s Bay Company (HBC) has announced that the Company’s Board of Directors has approved a quarterly dividend for holders of the Company’s common shares in the amount of $0.05 per common share. ...
Tags: Hudson, Dividend, Accessories
General Mills is planning to halt operations at its cereal plant and yogurt factory in the US, a move that would cut down the company's workforce by 600. The move is in line with the company's previously announced strategy to save $100m ...
Tags: General Mills, cereals
United Natural Foods reported fourth-quarter (Q4) net income of $33.4m, as against $32m in the corresponding period a year ago. Revenues for the quarter were up 7.4% at $1.76bn compared with $1.64bn in the prior year. Gross margin was ...
Tags: Agriculture, Food, Natural Foods
Kumho Tire Co. posted net profit of 52.6 billion won on net sales of 895 billion won for the second quarter ended June 30, 2014. That compares to income of 50.8 billion won on sales of 1 trillion won for the second quarter of fiscal 2013. ...
Tags: Auto Parts, Accessories
In August this year, Indian motor vehicle production increased by 14.86 percent year on year to 1,943,134 units, according to the Society of Indian Automobile Manufacturers (SIAM). In the first five months of the current Indian fiscal ...
Acquisition of Tony Hawk brand acquisition and continued global organic growth of the Cherokee brand led Cherokee Global Brands, a global marketer of lifestyle brands to post a 17% and 16% in net sales and net income, respectively for the ...
Tags: Global Organic Growth, Sales, Apparel
The Thailand Textile Institute (THTI) conducted a seminar titled ‘Local Value Connection to the Better Life’ to promote the Muslim textile and garment industry in the southern provinces, National News Bureau of Thailand ...
Sportsman's Warehouse Holdings, Inc. reported net sales increased by 2.3 percent to $159.5 million from $155.9 million in the second quarter and 13 weeks ended Aug. 2, compared with the second quarter of fiscal 2013. Same store sales ...
Tags: Sportsman's Warehouse, IPO
Cree has announced revenues of $436 million for the fourth quarter of 2014. This is a 16 per cent increase on the fourth quarter in 2013 when it announced revenue of $375 million and an 8 per cent increase on the third quarter of 2014. ...
Tags: Cree, LED lighting
In July this year, India's industrial production increased by 0.5 percent year on year, according to government data. Industrial production in the April-July period of the current fiscal year increased by 3.3 percent year on year. ...
Tags: Basic Metal
Japanese food producer Ajinomoto has agreed to acquire US-based frozen food maker Windsor Quality for $800m. Windsor has seven production facilities throughout the US and strong brands/positions in Asian, Mexican, Italian and appetizer ...
Tags: Agriculture, Food
In its interim results for the first six months ending July 31, 2014, UK-based fashion retailer NEXT said it had a good first half, achieving sales and profits ahead of its original expectations. Led primarily by retail stores sales ...
Tags: Apparel, Fashion Apparel