G-III Apparel Group Ltd. reported fourth-quarter earnings that came in well short of Wall Street targets. For the fourth quarter ended Jan. 31, 2016, G-III reported that net sales increased by 3 percent to $527.4 million from $514.3 ...
Tags: G-III, Earnings, Wall Street targets
Li Ning Co Ltd posted a profit in 2015 following three consecutive years of losses. The China-based sports giant posted an annual net profit of 14.3 million yuan ($2.2 million), compared with a 781.5 million yuan loss a year ago. ...
Following significant drops both on month and on year in January, worldwide notebook shipments remained weak in February, growing only 2% sequentially for the top-five brand vendors together and 1% sequentially for the top-three notebook ...
In February, Brazil recorded corn exports of 5.37 million tons. According to data from the Ministry of Development, Industry and Foreign Trade, this is almost five times higher than exports for February 2015, which stood at 1.10 million ...
Tags: Corn Export, Corn
Adidas Group reported a narrower loss in the fourth quarter as gross margins expanded and currency-neutral sales jumped 12 percent, driven by accelerated momentum at both Adidas and Reebok. On a currency-neutral basis, sales grew 16 percent ...
Tags: Adidas Group, Reebok
CCL Industries, a provider of label and packaging solutions for global corporations, small businesses and consumers, has acquired the assets of Brazil-based privately owned Powerpress Rotulos & Etiquetas Adesivas (Powerpress) for $10.25m. ...
Tags: CCL Industries, Powerpress, packaging
Google's DeepMind AI team has once again beaten the world's best Go player at his own game. Yesterday, the AlphaGo program beat South Korea's 9-dan Go player Lee Sedol in a live-streamed Go match. In the early hours of this morning, the ...
Uber is helping to reduce the number of drink-driving incidents in cities, a new report claims. According to research by a US driving school, Uber’s entry into Seattle is estimated to have resulted in a 10% decrease in the instances ...
Tags: Uber, Drink-driving
The worldwide Ethernet switch market (Layer 2/3) exceeded US$6.4 billion in revenues in the fourth quarter of 2015, an increase of 3.2% on year and a healthy increase of 5.1% on quarter. For full-year 2015, the market increased 1.9% over ...
Tags: Ethernet Switch, Router
Lee & Man Paper Manufacturing ,one of the containerboard manufacturers in China, announced its annual results for the twelve months ended 31 December 2015. During the period, the Group recorded a total sales volume of 5.44 million tons, a ...
Catalyst Paper reported fourth quarter adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) of $15.1 million and EBITDA before specific items of $19.8 million. This compares to adjusted EBITDA of $38.8 million ...
Tags: Catalyst Paper, EBITDA, Forth Quarter, Adjusted earnings
ABB has launched a new L&W ZD Tensile Tester, which enables paper manufacturers to achieve final product quality and reduce waste. The new tester allows paper makers to evaluate uniform strength across the entire reel width of a range of ...
Tags: ABB, L&W ZD Tensile Tester
Wesfarmers has attributed its latest successful half-yearly results to a strategic emphasis on customer service, good value and improved product ranges in its Coles supermarkets and other retail stores. The parent company of Coles ...
Tags: Wesfarmers, Retail business
Supremex, a North American manufacturer and marketer of a broad range of stock and custom envelopes and growing provider of packaging and specialty products,announced strong results for the quarter and year ended December 31 , 2015 and ...
Tags: Supremex, envelope market
Berry Plastics Group reported results for its first fiscal 2016 quarter, referred to in the following as the December 2015 quarter. "During the quarter we achieved record net sales and operating EBITDA for any quarter in the Company's ...
Tags: Berry Plastics, EBITDA