The U.S. economy slowed drastically in the first three months of the year as a harsh winter exacted a toll on business activity. The slowdown, while worse than expected, is likely to be temporary as growth rebounds with warmer weather. ...
Tags: economy, U.S.Economy
Columbia Sportswear Company raised its 2014 outlook after announcing record first quarter net sales, a sharp increase in first quarter profits, surging wholesale demand, a strong launch of its Chinese joint venture and the acquisition of ...
Tags: Sportswear, Apparel
In the first quarter of the current year, China's production of pig iron, crude steel and finished steel amounted to 179.71 million mt, 202.70 million mt and 261.41 million mt, respectively, up 0.14 percent, 2.37 percent and 5.3 percent ...
Tags: Steel Output, Crude Steel
As of April 28, inventory of iron ore at 33 major Chinese ports amounted to 108.31 million mt, down 100,000 mt or 0.09 percent compared to the inventory level recorded on April 21, as announced by China's Xinhua News Agency. As of the ...
Tags: Iron Ore, spot market
On April 28, the China Iron and Steel Association (CISA) announced that in mid-April (Apr. 11-20) this year the average aggregate daily crude steel output of large and medium-sized steel enterprises in China totaled 1.749 million mt, up 0.1 ...
Tags: Metallurgy, Mineral, Energy, Steel, Crude Steel, Iron
Japanese steelmaker Kobe Steel Ltd (Kobe) has issued its financial results for the fiscal year 2013-14 ended March 31. For the given period, Kobe Steel has reported a net profit of JPY 70.2 billion ($686.4 million), compared to a net loss ...
Tags: Steel, Metallurgy, Mineral, Construction
China's steel sector is exhibiting stronger mill margins and sentiment in April that may soon lead producers to "step up purchases of both iron ore and coking coal," Macquarie Bank said Friday. Mill inventory of iron ore is stable while ...
Tags: Steel Mills, Iron Ore
Chevron says its new PitPack motor oil dispensing system helps technicians more efficiently store and deliver oil to vehicles. Chevron Products Co., manufacturer of Havoline brand engine oils, has introduced a motor oil dispensing system ...
PV stock clearance is nearly ending. Industry demands continued to increase in April and May this year, but orders for June 2014 remain uncertain. Thus, the spot market is still observing supply and demand changes in 2Q14. Meanwhile, a ...
For first-quarter 2014, RF front-end component maker and foundry services provider TriQuint Semiconductor Inc of Hillsboro, OR, USA has reported revenue of $177.6m, down 34% on $267.7m last quarter (due to seasonality plus channel inventory ...
Tags: Electrical, Electronics
Domestic spot prices of high carbon ferrochrome (50% basis Cr) in China were unchanged week-on-week at Yuan 6,600-6,800/mt (81-83.5 cents/lb) delivered with 17% VAT on Wednesday as the market waited for May purchase prices from the ...
Delta Apparel, Inc. reported that for its fiscal 2014 second quarter ended Mar. 29, 2014, net sales were $114.5 million versus $120.1 million for the comparable 2013 period. The 5 percent sales decline was due primarily to unseasonably cold ...
Tags: Sporting Goods, Recreation, Sporting Apparel
Deckers Outdoor Corp. reported sales increased 11.7 percent in its three-month transition period ended Mar. 31, to $294.7 million, led by a 15.8 percent gain for Ugg. Deckers showed a loss of $2.7 million, or 8 cents a share, better than ...
Tags: Sporting Goods, Outdoor Goods
Vehicle technology provider Tech Mahindra has secured a contract from the New Hampshire's Division of Motor Vehicles (DMV) to deploy the Motor Vehicle Enterprise System (MOVES) on the local vehicles for 22 months. MOVES is a configurable ...
Tags: Vehicle, Motor Vehicles
Avery Dennison Retail Branding and Information Solutions (RBIS), the world’s leading provider of RFID-based inventory management solutions for apparel, announced further details of its ability to meet the requirements of the licensing ...
Tags: Apparel Brands, RFID Tracking