A large number of textiles exporters are facing a huge financial crunch due to substantial delay in getting duty drawback since the last five months from all the major ports. According to Shri Manikam Ramaswami ,Chairman, “The ...
Tags: textiles, Textiles Export
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
Cherokee Inc a global marketer of style-focused lifestyle brands reported financial results for the fourth quarter and full year ended February 1, 2014. Revenues for the fourth quarter increased 6.2% to $6.4 million, compared with $6.0 ...
Tags: Cherokee, lifestyle brands
The seaborne iron ore market reversed losses Thursday, as an influx of buying activity suddenly emerged in the spot market. Platts assessed the 62% Fe Iron Ore Index at $116.25/dry mt CFR North China Thursday, up $1.50/dmt from Wednesday. ...
Tags: Iron Ore, Interest Resurfaces, spot market
During Intel’s first quarter, the company saw solid growth in the data center group, signs of improvement in the PC business. However, net income decreased 5% year-over-year to USD 1.9 billion. Intel Corporation reported its ...
Crown Holdings today announced its financial results for the first quarter ended March 31, 2014. First Quarter Highlights -Mivisa acquisition approved by European Commission -Income per diluted share $0.17; Before Certain Items $0.57, ...
Tags: Crown Holdings, Beverage segment
Bauer Performance Sports Ltd. reported revenues rose 13 percent in its third quarter ended Feb. 28, to $62.2 million. Revenues were up 16 percent on a currency-neutral basis. On an adjusted basis, the EBITDA loss was trimmed to $3.2 ...
Tags: Sporting Goods, Recreation
The CIF Northwest Europe naphtha cargo physical premium over the balance-month and the front-month swaps fell Tuesday to respectively $2.25/mt and $13.75/mt, their lowest level in April, according to Platts data. On April 2, the physical ...
US investment bank Goldman Sachs said Wednesday it has upgraded its three-month and six-month nickel price forecasts on the back of the Indonesian ban on nickel ore exports. The bank notes that following a fragmented Indonesian election ...
Tags: Goldman Sachs, Nickel
Soybean futures topped out Tuesday above $15/bushel for the first time in quite a while on news that there's a lot of demand for both the oilseed and its oil. The National Oilseed Processors Association (NOPA) announced Tuesday soybean ...
Tags: Agriculture, Food, Soybean
LyondellBasell announced that its Supervisory Board has authorized the company's Management Board to declare an interim dividend of $0.70 per share, representing an increase of 17% to the company's first quarter 2014 interim dividend. The ...
Tags: Textile
The Government of Swaziland, through the Cotton Board, has raised the price of cotton to be paid to the farmers by seven percent for 2013-14 season. The increase in cotton price, which will benefit about 3,000 farmers, was ...
Tags: Cotton Board, cotton
Group trading profit for the full year was down 6% to £3.3bn while profits in the UK business fell 3.6% to £2.1bn. Group sales, including VAT. UK like-for-like sales were down 3% in the fourth quarter. Clarke said: "Our ...
Ethanol output in Brazil's key center-south region was 167.854 million liters (44.342 million gallons) in the second half of March, up 665% from the first half of the month, according to data released Tuesday by trade group Unica. The ...
Tags: Ethanol Output, sugar mills
Japan's spot aluminum trade remained thin Monday, but market sources said the outlook for construction demand was positive and would boost buying interest if London Metal Exchange prices fall below $1,800/mt. The LME three-month aluminum ...
Tags: aluminum, aluminum ingot