Fiat Chrysler Automobiles (FCA) is expecting a drop of its net industrial debt by €715m if the Ferrari unit is spun off by the company. Reuters cited FCA's previous filing with the US market regulator SEC stating that it would ...
Tags: industrial debt, Ferrari, Auto
The U.S. Commerce Department on Monday announced its preliminary affirmative determination in the countervailing duty (CVD) investigation against imports of certain passenger vehicle and light truck tires from China, a move signaling that ...
Tags: Punitive Duties, Chinese Tires
Last year China leapfrogged past Germany to become the world’s largest market for solar equipment, according to industry figures. True, a September report showed the former is also set to push global carbon emissions to a record high ...
Tags: Solar Energy, PV
DSW Inc. reported third-quarter earnings declined 9.8 percent to $49.6 million, or 55 cents a share. But earnings came in better than Wall Street estimates and sales in all major categories accelerated compared to the first half. Comparable ...
Tags: women's footwear, Sporting Goods
Brown Shoe Company reported third quarter earnings rose 21.2 percent to $33.1 million, or 75 cents per share. Revenues rose 3.8 percent. Wholesale segment sales jumped 18.2 percent with both Healthy Living and Contemporary Fashion ...
Craig Beevers won the 2014 title with the word 'talaq'. A Brit has been crowned the World Scrabble Champion for the first time since 1993, and only the second time ever. Craig Beevers, from Guisborough near Middlesborough, competed ...
Tags: World Scrabble Champion, Toys
The Toll Group (Toll) has announced a range of transactions to “drive improved returns for shareholders and rationalise its portfolio of businesses”. The actions announced today by Toll include: Earning more money off its ...
Tags: marine freight business, Service
In July 2014 Huhtamaki announced that as a result of its growing strategic focus on food packaging it had started to evaluate options regarding its films business. The annual net sales of the films segment were €187m in 2013 and the ...
Tags: Films Business, Packaging
In the third fiscal quarter ending November 1, 2014, net income at women's apparel retailer and NYSE listed, Ann Inc, dropped just a shade under 20 per cent, from the same quarter of 2013. Net income at Ann slipped to $33.1 million or ...
Tags: retailer, women's apparel, Net income, Apparel
Fairfax Media claims supermarket growth focus on ‘Junk’ food and cigarettes – confidential data leaked Fairfax Media’s Sydney Morning Herald and The Sunday Age over the weekend have published their analysis of ...
Tags: milk, Cigarettes, Agriculture
Impacted by foreign exchange fluctuations, NYSE listed, apparel marketer, Gap Inc reported flat sales growth in the third quarter of fiscal 2014-15 as against the same period of previous fiscal year. For the third quarter of 2014, Gap net ...
Tags: Sales Growth, Exchange Fluctuations, Apparel
Plastics products group Plastics Capital has completed the previously announced acquisition of Flexipol Packaging in a transaction worth £10.64m. The acquisition, which was originally announced on 3 November 2014, was part funded by ...
Tags: Plastics products, Agriculture
bto increase its capital spending by about €1.1bn, which is triggered by the increase in development cost and investment in technologies required to reduce CO2 emission from production. More than half of its capital spending is ...
Tags: CO2 emission, Global Presence, Auto
Smith & Nephew plc has figuratively yanked the job-security bandage off 108 employees at its St. Petersburg, FL, wound-care plant. The company plans to close the factory and lay the workers off by January 9, according to a report in the ...
Tags: Job Cuts, Smith&Nephew, Health
The Grib diamond mine in Russia, owned by the somewhat unlikely candidate of oil supplier Lukoil, is arguably the most prospective of the new generation of diamond mines. Therefore, its launch of commercial mining earlier this year and the ...
Tags: Grib Diamonds, Diamonds