Investment firm Larsen MacColl Partners has acquired packaging solution providers S Walter Packaging for an undisclosed amount. S Walter works on designing, sourcing and delivering coordinated packaging solutions to branded consumer ...
Cree has announced revenues of $436 million for the fourth quarter of 2014. This is a 16 per cent increase on the fourth quarter in 2013 when it announced revenue of $375 million and an 8 per cent increase on the third quarter of 2014. ...
Tags: Cree, LED lighting
In its interim results for the first six months ending July 31, 2014, UK-based fashion retailer NEXT said it had a good first half, achieving sales and profits ahead of its original expectations. Led primarily by retail stores sales ...
Tags: Apparel, Fashion Apparel
Back in May I read a post by Eyal Rosenberg, CEO of payment automation software maker Nipendo, who made reference to an auto industry survey that highlighted the importance of supplier liquidity, including the negative impact that a slow ...
Tags: Chain Financing, trade tips
For fiscal first-quarter 2015 (ended 27 July 2014), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported its eighth consecutive quarter of sequential revenue growth, to a record $327.6m, ...
Aussie apparel retailer Billabong International Limited was able to significantly reduce its net loss in the fiscal year ending June 30, 2014, when compared with fiscal year of 2013. Including significant items and discontinued ...
Australia-based Pacific Brands today said that it has entered into an agreement to sell its Workwear business to fellow Aussie company - Wesfarmers Industrial and Safety (WIS), a division of Wesfarmers Limited. The sale has been done at ...
Tags: Pacific Brands, Workwear Business, Apparel
Toll’s revenue increased 1.1 per cent over the previous year to $8.8 billion. Total earnings before interest and tax (before individually significant items) were up 4.3 per cent to $444.4 million, and net profit after tax (before ...
Tags: Toll, Challenges, Service
Specialty metal and chemical products firm 5N Plus Inc of Montreal, Québec, Canada has signed a new US$125m senior secured multi-currency revolving syndicated credit facility that will replace its existing US$100m senior secured ...
Tags: 5N Plus, Electrical, Electronics
A transformation plan initiated in 2012, has not helped Li Ning Company Limited wipe out losses from its balance sheet, instead losses multiplied in the results announced for the first six months of 2014. Loss at Li Ning, one of the ...
Tags: Loss, Apparel, Accessories
Crocs, Inc. hit reverse Tuesday, saying it will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The latest restructuring plan coincided with release of the company’s financial ...
Tags: Crocs, Stores, Sporting Goods
For full-year fiscal 2014 (ended 29 June), Cree Inc of Durham, NC, USA has reported record revenue of $1.65bn, up 19% on fiscal 2013’s $1.39bn. Fiscal Q4/2013 Q1/2014 Q2/2014 Q3/2014 Q4/2014 Revenue $375m $391m $415.1m $405.3m ...
Tags: Cree LED, Electrical, Electronics
CR Bard execs know they have a gorilla of a competitor in the proposed $43 billion Medtronic acquisition of Covidien, particularly in the vascular business. They aren’t predicting the effects of that business combination on Bard, ...
Tags: CR Bard Eyes, Health, Medicine
· Second quarter net sales of $4.1 billion, up 5 percent versus prior year · All-time quarterly record adjusted earnings per diluted share from continuing operations of $2.83, up 24 percent year-over-year ...
Tags: PPG, Net Sales, Construction
Celanese Corporation, a global technology and specialty materials company, reported second quarter 2014 adjusted earnings per share of $1.47 versus $1.33 in the prior quarter. Highlights: -Achieved record adjusted earnings of $1.47 ...
Tags: Celanese, EPS Surges, Textile