Lower consumption of cotton will lead to higher ending stocks for both 2014/15 and 2015/16 relative to last month, says the US department of agriculture (USDA) in its estimate for this month’s world cotton supply and demand. For ...
Textile mill owners in Pakistan’s Punjab province who had announced a voluntary closure of their mills a few days ago, have now called for a ‘forced closure’ after Eid, the Pakistani media has reported. The millers ...
First Solar Inc of Tempe, AZ, USA, which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services, has agreed to supply its PV modules to power the ...
Tags: Solar Modules, PV Project
Most of the cotton growing states like Punjab, Haryana, Rajasthan, Gujarat and parts of Maharashtra and Karnataka have started getting good rainfall, which has led to farmers beginning sowing of cotton. “CCI has sold nearly 1.5 ...
Tags: Propel Cotton Sowing, Textile
The U.S. soybean crop is having the darndest time getting planted, while corn conditions sputter along, according to the USDA. In its weekly Crop Progress Report, the USDA rated soybean planting at 87% complete, behind a 90% five-year ...
Tags: soybean crop, soybean
Genesco Inc. reported earnings slid 29.3 percent in its first quarter to $9.9 million, or 42 cents a share. Earnings, adjusted for one-time gains and costs, were 51 cents per share, falling well short of Wall Street's consensus estimate of ...
Tags: Genesco, Wall Street Targets
In a latest loss of face for public health advocates, California lawmakers have rejected a proposed tax on sodas and other sugary beverages. The legislation brought in the assembly by Assemblyman Richard Bloom asked to impose an extra 2 ...
Tags: Soda Tax, sugary beverages
All India pressing figures till April 30, 2015 are approximately 336 lakh bales, while all India arrivals have dropped to approximately 40,000 bales per day. CCI has sold 6.68 lakh bales through e-auctions out of their procured stock of ...
Tags: garments, Indian Cotton Arrivals
Phoenix Footwear Group, Inc., the parent of Trotters and SoftWalk, reported first-quarter sales grew 16.7 percent to to $6.7 million from $5.7 million a year ago. The company saw growth in both its Trotters and Softwalk brands during the ...
Tags: Phoenix Footwear, Footwear
Crocs Inc reported sales slumped 16.1 percent in the first quarter, to $262.2 million, in line with expectations. On a currency-neutral basis, revenue decreased 8 percent. The company showed a loss of $6.0 million, or 8 cents a share, ...
Tags: Crocs, Sporting Wear
Most trade analysts expected corn planting to have reached just shy of the halfway point by Sunday, but USDA's Crop Progress report released Monday shows that point came and went quickly in the last week, with planting sitting at 55%. ...
Tags: Corn Planting, corn, Soybean prices
Fast-food giant McDonald's Corp. said it would close about 350 restaurants due to the falling sales in Q1. Sales in the Asia-Pacific and Middle East region dropped 8.3 percent, helping bring overall global sales down 2.3 percent, ...
Tags: McDonald's, Fast-food
Tesla posted a first-quarter loss of 36 cents per share on $1.10 billion in revenue. Sales rose more than 50 percent from the year-earlier period. The company planned to increase production by about 12% and manufacture 12,500 cars in the ...
Tags: Tesla, electric vehicle
Big 5 Sporting Goods Corporation reported sales during the first quarter increased to $243.6 million from net sales of $231.3 million for the first quarter of fiscal 2014. Same store sales increased 3.9 percent for the first quarter of ...
Jarden Corp. reported sales at its Outdoor Solutions segment fell 8.6 percent to $624.9 million from $684.1 million a year ago. Segment operating income fell 47.4 percent to $19.1 million from $36.3 million. Excluding acquisition-related ...
Tags: Jarden, Outdoor Solutions