J. C. Penney Company, Inc. announced financial results for its first quarter ended May 3, 2014. First Quarter Highlights: -Same store sales increase 6.2%, exceeding guidance; second consecutive quarter of growth -Gross margin ...
Tags: J.C.Penney
TreeHouse Foods (THS) today reported first quarter earnings of $0.38 per fully diluted share compared to $0.62 per fully diluted share reported for the first quarter of last year. The Company reported that adjusted earnings per share ...
The board of directors of LED chip, lamp and lighting maker Cree Inc of Durham, NC, USA has approved an increase in the firm’s stock repurchase program, such that it is now authorized to repurchase shares of its common stock with an ...
Turkey-based steel producer Karabük Demir Celik (Kardemir) has announced that it has signed a credit facility with Germany's KfW IPEX Bank to finance the foreign expenses regarding its special bar quality (SBQ) rolling mill investment. ...
Tags: steel producer, rolling mill
RPC Group, an international rigid plastic packaging supplier, is set to acquire ACE for an initial consideration of around $301m (£178m) and a total consideration of up to $430m (£255m). RPC proposes to fund the initial $301m ...
Tags: RPC Group, rigid plastic packaging
For the first quarter of 2014, Methanex reported Adjusted EBITDA of $255 million and Adjusted net income of $160 million ($1.65 per share on a diluted basis). These figures compare with Adjusted EBITDA of $245 million and Adjusted net ...
Tags: Methanex, methanol industry
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
First Capital, a national commercial finance company, announced it has provided a $20,000,000 revolving line of credit to Gulf Packaging, a national distributor of packaging supplies and equipment. First Capital was referred to the ...
Tags: Gulf Packaging, First Capital
B&G Foods, Inc. today announced financial results for the first quarter of 2014. David L. Wenner, President and Chief Executive Officer of B&G Foods, stated, "Our very strong cash flow performance in the face of base business volume ...
Tags: B&G Foods, EBITDA guidance
Levi Strauss & Co. announced financial results for the first quarter ended February 23, 2014. Net revenues declined one percent on a reported basis and were flat on a constant-currency basis, reflecting lower sales at wholesale in the ...
Tags: Levis, women's products
B&G Foods, a US-based manufacturer of branded shelf-stable foods, has signed a deal to acquire Specialty Brands of America from American Capital and certain individuals for $155m in cash. Specialty Brands of America is a packaged food ...
Tags: B&G Foods, Specialty Brands, Evercore Group
Sears Holdings Corporation announced that its pro-rata spin-off of Lands' End, Inc. ("Lands' End") from Sears Holdings closed on April 4, 2014. Lands' End has now been separated from Sears Holdings and its common stock is expected to begin ...
Tags: Sears Holdings, Lands'End Business
Michael Foods Group, Inc. today reported financial results for the fourth quarter of 2013. Net sales for the quarter ended December 28, 2013 were $512.7 million, compared to $503.6 million in 2012, an increase of 1.8%. Net earnings for ...
Increased low-ash thermal coal production from Whitehaven Coal's Narrabri underground mine in New South Wales was a key driver for a 48% year-on-year rise in the Australian coal producer's earnings before interest, depreciation and tax to ...
Tags: Coal's Sales, Mineral
State-owned Bangladesh Petroleum Corp has submitted a formal request to the National Board of Revenue seeking a waiver from local taxes, value added taxes and other duties imposed on refined oil product imports, in order to borrow less from ...
Tags: Petroleum, Tax Waivers, Oil Product