Orchids Paper Products Company reported results for the second quarter of 2016. Jeff Schoen, President and Chief Executive Officer, stated, "I am encouraged by Orchids year-to-date 2016 performance, as converted product sales have ...
Tags: Orchids Paper, converted product
Avery Dennison Corporation announced preliminary, unaudited results for its second quarter ended 2 July 2016. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise ...
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Infineon Technologies AG of Munich, Germany has entered into a definitive agreement to acquire the Wolfspeed Power & RF division of Cree Inc of Durham, NC, USA for $850m in cash (about €740m). The deal also includes the related silicon ...
The Finish Line Inc. (NASDAQ:FINL) reported consolidated net sales were $453.5 million, up 2.3 percent over the prior year period thanks in part to a 1.5 percent increase in comparable store sales. Net income came in at $9.6 million, or ...
For first-quarter 2016, NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) has reported ...
Tags: NeoPhotonics, PICs
Under Armour Inc. reported revenues in the first quarter increased 30 percent in the first quarter of 2016 to $1.05 billion compared with net revenues of $805 million in the prior year's period. Wall Street's average expectation was $1.04 ...
Tags: Under Armour, Revenues
US-based flexible and rigid packaging solutions provider Bemis has agreed to acquire medical device packaging operations and related value-added services from SteriPack Group for an undisclosed sum. As part of the transaction, Bemis will ...
Tags: Bemis, Acquisition, Medical device packaging, SterPack Group
Spice manufacturer McCormick & Company has acquired Australia-based packaged herbs manufacturer Botanical Food Company in an all-cash deal worth $114m. The acquisition will expand McCormick's existing branded herb portfolio with the ...
Tyson Foods has made significant progress in its transition from a protein producer to a branded, value-added food company with stronger, more stable earnings, company executives told investors at the Consumer Analyst Group of Europe annual ...
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Iconix Brand Group Inc. reported a loss of $263 million, or $5.44 a share, after charges of $402.4 million to writeoff the company's trademarks and goodwill. Over 90 percent of the impairment is related to the company's men's business ...
The Finish Line Inc. reported earnings for the fourth quarter before non-recurring items fell 11.6 percent to $36.5 million, or 83 cents a share. Earnings came in at the high end of its guidance calling for earnings between 78 and 83 cents ...
Tags: Non-adjustments, Q4 Profits, Finish Line
Li & Fung Limited, which designs, sources and distributes consumer goods for many of the world's leading consumer brands, reported sales 2.4 percent to $18.8 billion in 2015. “2015 was a challenging year," said Spencer Fung, Group ...
Tags: Li&Fung, Sales, Retail distribution
Li Ning Co Ltd posted a profit in 2015 following three consecutive years of losses. The China-based sports giant posted an annual net profit of 14.3 million yuan ($2.2 million), compared with a 781.5 million yuan loss a year ago. ...
Engineered materials and optoelectronic component maker II-VI Inc of Saxonburg, PA, USA has completed its acquisition of broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA for about $78.2m. The ...
Tags: Anadigics, II-VI Inc, Acquisition
DSW Inc., as expected, reported earnings in the fourth quarter plunged 61.8 percent to $11.8 million, or 14 cents a share. Results came in ahead of Wall Street's average estimate of 8 cents a share. Comps inched up 0.8 percent in the ...
Tags: DSW, Roger Rawlins, Milestones, Achievements, Q4 earnings