Tire maker MRF is planning to increase the production capacity at eight of its manufacturing facilities across India which is part of its capital expenditure plan. The company is planning to invest around Rs 4,000 crore ($64 m) over the ...
Tags: manufacturing facilities, Auto
$2.8 million of non-recurring charges drove net loss higher from a year ago quarter at speciality apparel retailer, New York & Company, in the third quarter ended November 1, 2014. New York & Company said GAAP net loss for the third ...
Tags: GAAP, Non-Recurring Charges, Apparel
For the first fiscal quarter ended October 25, 2014, NASDAQ listed and marketer of apparels, Ascena Retail Group, delivered flat sales growth from the comparable quarter of previous fiscal year. Net sales of $1.2 billion for the first ...
Tags: Apparel Marketer, Net sales, Apparel
Mellanox Technologies Ltd of Sunnyvale, CA, USA and Yokneam, Israel, a supplier of end-to-end InfiniBand and Ethernet interconnect solutions and services for data-center servers and storage systems, has announced sample availability of ...
In the second quarter of fiscal 2014-15, revenues and EBITDA surged 22% and 21%, respectively, from a year ago quarter, at Welspun India, a part of the $3 billion BK Goenka led, Welspun Group. Steered by strong volume growth, revenue at ...
Tags: EBITDA margin, Welspun India, Textile
For its fiscal first-quarter 2015 (ended 27 September 2014), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $89.2m (at the high end of the $83-91m ...
For third-quarter 2014, GigOptix Inc of San Jose, CA, USA (a fabless supplier of analog semiconductor and optical communications components for fiber-optic and wireless networks) has reported its third consecutive quarter of revenue growth, ...
Tags: GigOptix, analog semiconductor, optical communications
GT Advanced Technologies' (GTAT) move to seek bankruptcy protection on October 6 came as a surprise to the IT industry especially because the maker was a major supplier of Apple for sapphire screens. The related supply chain in general, ...
Tags: GTAT, Sapphire Industry
China's manufacturing sector expanded in August but at a significantly slower pace, as production rates and new orders softened. The Flash China Manufacturing PMI, published by HSBC in conjunction with Markit Economics, fell 1.4 points to ...
Tags: Manufacturing, Processing Machinery, China Manufacturing
Shareholders of Yageo have approved the company’s plans to reduce its capital by NT$15.4 billion (US$514 million) or 70% to NT$6.6 billion. Shareholders will receive NT$7 for each share. Yageo is expected to see its earnings and EPS ...
Tags: Yageo, Electrical, Electronics
The Equipment Leasing and Finance Association's (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $827 billion equipment finance sector, showed their ...
For second-quarter 2014, NeoPhotonics Corp of San Jose, CA, a vertically integrated designer and manufacturer of both indium phosphide (InP) and silica-on-silicon photonic integrated circuit (PIC)-based modules and subsystems for high-speed ...
Tags: NeoPhotonics PICs, Electrical, Electronics
Steelmaker ArcelorMittal has doubled its investments in Brazil in the first half of the year, the company said. The company's Capex reached $241 million in the period, up 97.5 percent from $122 million a year ago. Arcelor's investments ...
Tags: Metallurgy, Mineral, Energy, Steel
For first-quarter 2014, NeoPhotonics Corp of San Jose, CA, a vertically integrated designer and manufacturer of both indium phosphide (InP) and silica-on-silicon photonic integrated circuit (PIC)-based modules and subsystems for high-speed ...
For its fiscal fourth-quarter (ended 27 April), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported its seventh consecutive quarter of sequential revenue growth, to a record $306m (up ...
Tags: Electrical, Electronics