Freedom Group, the parent of Remington, reported a loss of $6.4 million in the third quarter ended Sept. 28, against earnings of $30.6 million a year earlier. Sales slid 27.1 percent to $253.6 million from $347.1 million a year ago, ...
Tags: Freedom Group, Sporting Goods
Everything we know about the iPad Pro Chatter of a potential iPad Pro release began way back in April 2013, albeit under the guise of an iPad/Macbook-hybrid patent filing. While such a lovechild is unlikely to land, it could be evidence ...
Tags: Consumer Electronics, iPad
Pan Medical Ltd has filed a lawsuit in Italy against Medtech Development GmbH and Orthophoenix Delaware LLC, for invalidity and non-infringement of European patents EP1398765B1 and EP1104260B2, extending the non-infringement action to the ...
Tags: Legal Action, Health
American apparel brand Tommy Hilfiger’s India joint venture with Arvind has registered a 66 per cent rise in its profits in the last fiscal year ended March 31, 2014, the company said in a filing to the Registrar of Companies. ...
Tags: retail sales, apparel brand, Apparel
Fiat Chrysler Automobiles (FCA) is expecting a drop of its net industrial debt by €715m if the Ferrari unit is spun off by the company. Reuters cited FCA's previous filing with the US market regulator SEC stating that it would ...
Tags: industrial debt, Ferrari, Auto
Under Armour said Byron K. Adams Jr. has left his post as Under Armour Inc.'s senior advisor to Chairman and CEO Kevin Plank, effective Friday, according to a filing with the Securities & Exchange Commission. Having served on the ...
Tags: human resources, Sporting Goods
Alonzo Pierce, CEO of Top Shelf Brands Holdings, s pleased to announce that the company received notice from the Alcohol and Tobacco Tax and Trade Bureau (TTB) that its Advertising, Labeling and Formulation Division (AFLD) has approved, ...
Tags: Tequila Flavor Recipe, Agriculture
Kishore Biyani led Future Lifestyle and Fashions Ltd (FLFL) reported a 26.68 per cent year on year hike in second fiscal quarter ending September 30, 2014, net revenues. In a filing to the BSE, FLFL said its net sales stood at Rs 874.12 ...
Tags: private equity fund, net profit, Apparel
Fiat Chrysler Automobiles is expected to get $2.8bn from Ferrari before the the luxury car brand is carved out as a separate company. FCA CEO Sergio Marchionne is expected to list 10% of Ferrari's stake in the second quarter of 2015 and ...
Tags: Fiat Chrysler Automobiles, five-year strategic plan, Auto
Today, the law firm of Baron and Budd, together with co-counsel Labaton Sucharow LLP and Podhurst Orseck P.A., filed the nation’s first lawsuit regarding the recent recall of Takata-brand air bags that were placed in nearly eight ...
Tags: Air Bag, Auto Parts
GLG Life Tech Corporation, a global leader in the agricultural and commercial development of high-quality natural sweeteners, is pleased to announce that the United States Food and Drug Administration has issued a Generally Recognized as ...
Since Medtronic can’t dip into its considerable foreign cash reserves to buy Covidien, it plans to raise $16 billion domestically toward the $43 billion purchase. Wall Street is not pleased. In a filing late last week with the U.S. ...
Tags: Medtronic, Covidien, Medical Device
Maxwell Technologies, Inc. (Nasdaq: MXWL) today reported revenue of $41.6 million for its third quarter ended September 30, 2014, down 10 percent from the $46.1 million recorded in the second quarter ended June 30, 2014, and down 19 percent ...
Tags: Maxwell Technologies, Electronics
Glancy Binkow & Goldberg LLP has filed a class action lawsuit ‘Deerhaven Capital LLC vs Gutierrez et al’ (docketed as 14-cv-00463) in the United States District Court for the District of New Hampshire on behalf of a class ...
GT Advanced Technologies' (GTAT) move to seek bankruptcy protection on October 6 came as a surprise to the IT industry especially because the maker was a major supplier of Apple for sapphire screens. The related supply chain in general, ...
Tags: GTAT, Sapphire Industry