Thelocal sharemarket fell sharply yesterday as an indecisive national election in Italy raised the prospect of another sell-off in European bond markets that could rekindle the continent's debt crisis. Italy was headed for a political ...
Tags: debt crisis, economy
Associated British Foods has forecast flat revenue from its grocery division in the first half of its fiscal year amid challenging conditions in bread markets in the UK and Australia. ABF, which owns the Kingsmill bread brand in the UK ...
Tags: ABF, flat revenue, grocery division
US retailer Albertsons LLC has unveiled the leadership team that plans to take the helm, following completion of a deal to acquire a number of stores from Supervalu stores. Albertsons plans to expand its store network through the ...
Tags: Albertsons LLC, leadership team, US retailer
Thorntons has booked higher first-half earnings, which were boosted by lower costs and a rise in sales. The UK chocolate maker said profit before tax and exceptional items rose to GBP5.3m (US$8m), up from GBP3.1m in the comparable period ...
The Australian dollar regained losses incurred after Italian election results added to concerns the debt-ridden country could abandon austerity measures. At 7am AEDT the currency was trading at 102.89 US cents, up from 102.79 US cents at ...
Tags: Australian dollar, currency, US cents
For fourth-quarter 2012, NeoPhotonics Corp of San Jose, CA, a vertically integrated designer and manufacturer of both indium phosphide (InP) and silica-on-silicon photonic integrated circuit (PIC)-based modules and subsystems for ...
Tags: NeoPhotonics Corp, indium phosphide, communications networks
For fourth-quarter 2012, Inc of Bensenville, IL, USA, which makes monocrystalline sapphire substrates and products for the LED, RFIC, semiconductor and optical industries, has reported revenue of $20m, up slightly on $19.9m last quarter ...
Tags: LEDs, LED market, LED customer
Even though PC giants Hewlett-Packard and Dell reported significant year-over-year sales declines, tech stocks, buoyed by signs of confidence from other IT vendors, started to rise again Friday after slumping for most of the week. Vendors ...
Tags: Hewlett-Packard, Dell, IT industry
Sustenance of conducive business environment for the textile industry is the need of hour with respect to cotton policies, said Mr. S Dinakaran, Chairman of The Southern India Mills’ Association (SIMA). SIMA Chief has said that after ...
Tags: SIMA, CCI, Cotton Prices
Despite PC giants HP and Dell reporting significant year-over-year sales declines, tech stocks, buoyed by signs of confidence from other IT vendors, began to rise again Friday after slumping for most of the week. Vendors in diverse ...
Tags: PC, HP, Dell, tech stocks
A change in federal tax law that decreased the take-home pay of many working Americans is impacting household budgets. According to NRF’s 2013 Tax Returns Survey conducted by BIGinsight, nearly three-quarters (73.3%) of those polled ...
Tags: Tax changes, Tax, federal tax law
Smack Sportswear the leading brand of custom team and beach active apparel, announced that its newly appointed Chief Financial Officer, Charles Lesser, will leverage his success as the former CFO of True Religion Apparel, Inc., to direct ...
Tags: Smack Sportswear, apparel, Religion Apparel
French retail Groupe Casino has booked a slight drop in net profit for 2012, as a weaker performance from its domestic business was offset by a strong international showing. Full year underlying net profit was down 0.2% to EUR564m ...
Tags: Casino, retail Groupe, net profit
The specialist for measurement and automation engineering is in fine fettle in its 60th year: the family-owned company has just welcomed its 10,000th employee. In the last year alone, over 500 jobs were created worldwide. A global ...
Tags: Endress+Hauser, 60th Anniversary, measurement, automation engineering
Own-label chilled food manufacturer Bakkavor said consumer confidence had been dented by the horsemeat scandal, while reporting a 5.4% increase in like-for-like sales in its full-year results ended December 29 2012. Last year Bakkavor ...
Tags: chilled food, Bakkavopr, horsemeat scandal