Moody's has changed its outlook for the global shipping industry to stable from negative on April 30. This outlook reflects Moody's expectations for the fundamental business conditions in the industry over the next 12 to 18 months. ...
Tags: Shipping, Global Shipping
For first-quarter 2014, AXT Inc of Fremont, CA, USA has reported revenue of $19.3m, up 3.8% on $18.6m last quarter although still down 13.8% on $22.4m a year ago. Fiscal Q1/2013 Q2/2013 Q3/2013 Q4/2013 Q1/2014 Revenue $22.4m $23.8m $20.5m ...
Tags: Electrical, Electronics
Wolverine Worldwide reported revenue in the first quarter, as expected, declined modestly to $627.6 million, a decrease of 2.8 percent versus the prior year. Gains were tempered by continued soft traffic at retail in the U.S., the strategic ...
Tags: Sporting Goods, Recreation
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
Big 5 Sporting Goods reported that for the fiscal 2014 first quarter, net sales were $231.3 million, compared to net sales of $246.3 million for the first quarter of fiscal 2013. Same store sales declined 7.9 percent for the first quarter ...
Tags: Recreation, Sporting Goods
CTS Corporation (CTS) today announced first quarter 2014 results: Revenues of $100.7 million, an increase of 2.7% compared to first quarter of 2013. GAAP earnings from continuing operations of $5.1 million, or $0.15 per diluted share, ...
Tags: Electrical, Electronics
Analog semiconductor maker Skyworks Solutions Inc of Woburn, MA, USA has announced the creation of a joint venture with Japan's Panasonic Corp, one of the world's largest electronic product manufacturers, to design, develop and deliver ...
Tags: semiconductor, Electrical, Electronics, Filters
EBay Inc. reported that the value of goods sold on its mobile commerce platform increased 70 percent in first quarter ended March 31, 2014 and now represent 19 percent of its e-commerce volume. Total revenue at the company increased 14 ...
Tags: Sporting Goods, Recreation, E-Commerce
Mexico-based food company Grupo LALA has posted a 69.8% increase in its Q1 2014 net income to MXN795.7m ($60.6m), compared to MXN468.6m ($35.7m) in the same quarter last year. The company reported a 6.7% rise in year-on-year sales, and ...
Tags: Agriculture, Food
Hain Celestial, a US-based organic and natural products maker, has acquired Rudi's Organic Bakery, an organic and gluten-free company with facilities in Boulder, Colorado, for $61.3m. Under the its Organic Bakery and Gluten-Free Bakery ...
Tags: Agriculture, Food
Revenues amounted to USD 100.7 million during the first quarter of 2014, an increase of 2.7% compared to first quarter of 2013. GAAP earnings from continuing operations of USD 5.1 million, compared to USD 3.0 million in the first quarter ...
Tags: Electrical, Electronics
Bemis reported first quarter 2014 diluted earnings of $0.48 per share, compared to $0.47 per share for the same quarter of 2013. Excluding the items detailed in the attached schedule, "Reconciliation of Non-GAAP Earnings per Share," ...
Tags: Bemis, Non-GAAP Earnings
US-based J & J Snack Foods has reported a 13% rise in H1 2014 net earnings to $25.9m, compared to $22.9m in the corresponding period a year ago. The company posted an increase in its sales by 4% to $408.8m from $392.8m in the first six ...
Tags: Snack Foods, Agriculture, Food
The Bayer Group started the year 2014 with encouraging growth in sales and earnings. "Our Life Science businesses continued their dynamic development and achieved slight earnings increases despite significant negative currency effects," ...
General Motors has reported net income of $0.1bn, or $0.06 per diluted share for the first quarter of 2014. Strong core operating performance during the quarter was more than offset by a net loss from special items of $0.4 billion, or ...
Tags: General Motors, recall