AK Steel released its third quarter 2013 results Tuesday, indicating a $31.7 million loss, compared to a net loss of $60.9 million in Q3 2012 and a net loss of $40.4 million in Q2 2013.? Sales for the quarter reached $1.3 billion on ...
Tags: Steel, Metallurgy, Mineral, Energyc
China's manufacturing hits 7-month high in October, according to HSBC's preliminary purchasing managers' index on Tuesday. China's PMI of October rose to 50.9, which is the highest since April. The reading compared with a final recording ...
Tags: China's PMI, economy
Sarah Appleton, left, and Krista Grohsman, executives with Spring Time Bedding, stand in front of marketing materials that feature their pictures.HIGH POINT - Traffic in mattress showrooms at the High Point Market is generally light, but ...
Tags: Light Industry, Daily Use, bedding products
Apple's 9.7-inch iPad supply chains are preparing for shipments of more than 10 million units in the fourth quarter of 2013, according to industry sources. The company's supply chains started gearing up for the release of a new 9.7-inch ...
Pegatron Technology chairman TH Tung, at a conference on October 22, expressed his optimism about the company's business outlook for the fourth quarter of 2013, indirectly denying market rumors that Apple will reduce its iPhone 5c orders. ...
Tags: Pegatron, Electronics
Taiwan-based smartphone vendor HTC on October 23 denied media reports that claimed the company had shuttered some of its production lines, looking to outsource production in order to ease the pressure on its cash flow. In a company filing ...
Tags: Scaling Back Production, HTC
Green Energy Technology (GET), in view of tight supply of solar-grade polycrystalline silicon wafers arising from increasing demand in China, Japan and emerging markets, aims to increase ASPs by 3-5% in the fourth quarter of 2013, according ...
Tags: Silicon Wafer, Solar-Grade
Corning Inc. (GLW) said its will take control of a joint venture with Samsung Electronics Co.'s (SSNHZ) business that makes LCD glass in Korea and receive a $1.9 billion investment in a series of transactions to strengthen collaboration ...
Tags: LCD Glass Venture, Samsung
Corning Incorporated GLW +25.86% today announced preliminary third-quarter 2013 results. Corning is providing this preview to facilitate communications with investors regarding its announcement today that it has entered into a series of ...
Tags: Corning, Financial Results
It’s been a good few weeks for China’s economic decision-makers. Official data showed exports in August rose 7.2% from a year earlier, surpassing all forecasts. The official purchasing managers’ index (PMI) for ...
Tags: Wrong Growth Path
UniFirst Corporation announced results for its fourth fiscal quarter ended August 31, 2013. Revenues were $352.9 million, up 13.0% from $312.4 million in the year ago period. Net income was $30.6 million ($1.52 per diluted share), compared ...
Tags: UniFirst Corporation, Apparel
POET Technologies Inc of Toronto, Canada – which, through subsidiary OPEL Defense Integrated Systems (ODIS Inc) of Storrs, CT, USA, has developed the proprietary planar-optoelectronic technology (POET) platform for monolithic ...
Tags: OPEL ODIS POET, Electrical, Electronics
According to EnergyTrend, demand for PV self-consumption continues to increase in Europe due to decreased feed in tariffs and increased electricity price and surcharge fees for grid-connection. Moreover, the installation area of roof-top ...
Tags: PV Makers, Monocrystalline Market
Akzo Nobel NV Monday said it swung back to a net profit in the third quarter as the Dutch company, one of the world's leading paint and coatings makers, made faster-than-expected progress in cutting costs in a wide-reaching restructuring of ...
Tags: Construction, Coating, Chemicals
US for-hire truck tonnage spiked 1.4% in September, matching August's gain. The American Trucking Associations (ATA) reported that the seasonally adjusted truck tonnage index is up 8.4% compared to September 2012, marking the largest ...
Tags: Transportation, truck