Indian textile and garment industry, a key player in the national economy and the second largest employer of skilled and unskilled workers after agriculture, is on a revival track due to increase in demand of yarns, fabrics and clothing ...
Tags: textile industry, garment industry, Textile
LEWISVILLE, NC (BRAIN) — Recumbent bike retailer Neighborhood Transportation is closing after six years in business as owner Bruce Hermann contends with health issues. Hermann was struck by a motorist while riding his recumbent four ...
Tags: bike retailer, bike, Recumbent bike
The luxury segment in Germany is booming thanks to its considerable strengths. High quality, technological innovation and unique design demonstrate the expertise of luxury companies and their employees. These virtues are paying off: all ...
Metals service center Olympic Steel announced Thursday financial results for Q4 2012 and for the full year 2012. Net sales for the Q4 totaled $291.7 million, an 8.8 percent decrease from the Q4 record of $319.9 million reported in last ...
Tags: Olympic Steel, Steel, sales
Alcatel-Lucent on Friday announced that its board of directors had appointed Michael Combes as the firm’s new CEO, following Ben Verwaayen’s resignation from the top job earlier this month. Combes’ appointment will be ...
Tags: Alcatel-Lucent, company news, Michael Combes
US poultry group Sanderson Farms has indicated its first-quarter margins remained under continued pressure from high feed costs despite rising poultry market prices. The company said today (21 January) that net sales for the three months ...
Tags: Sanderson Farms, irst-quarter margins, high feed costs
The group reported its full year results and, despite its confidence, posted a 19% dip in pre-tax profits to €371m. It was boosted by revenues, which were up 1% to €5.8bn Mondi said it will focus on further integration and ...
Tags: paper grades, Mondi
Qantas CEO Alan Joyce. Photo courtesy of the ABC. The Qantas Group has announced statutory profit after tax of $111 million and underlying profit before tax of $223 million for the six months ended 31 December 2012. This includes $125 ...
Tags: Qantas, statutory profit, underlying profit, company news
Industry-leading thin clients now available to wider range of US resellers and end users CINCINNATI, OH, February 20, 2013 /24-7PressRelease/ -- IGEL Technology, a leading worldwide thin client manufacturer, announced today its new ...
The wide-ranging survey, covering the whole UK plastics sector, also looked into areas such as profitability, exports and skills needs. A total of 100 companies participated and it asked how they saw 2013 shaping up. According to the BPF, ...
Tags: wide-ranging survey, UK plastics sector, profitability
The so-called "Internet of everything," the rapidly approaching world where objects from refrigerators to factory robots can talk to people and other machines, will create a massive business opportunity worth $14.4 trillion over the next ...
Tags: Cisco, Internet, smart energy grid
Dell has reported another quarter of declining revenue and profit as the company's CEO continues his battle to take the PC maker private. It was the fifth consecutive quarter in which Dell's profits shrank, and the fourth in which it ...
Tags: Dell, desktop, laptop PCs
South African supermarket operator Shoprite Holdings said it has maintained its "robust and established" growth pattern, booking an increase in half-year profits. Earnings for the six month period earnings grew 19.6% to ZAR1.70bn ...
Tags: supermarket operator, Shoprite Holdings, growth pattern
Winning Sainsbury’s liquid milk contract has put Dairy Crest on track to reach its dairies division target of 3% operating profit margin, according to City analyst Panmure Gordon. Dairy Crest is on track to deliver 2.8% operating ...
Tags: liquid milk contract, Dairy Crest, dairies
The Dixie Group, Inc. reported financial results for the fiscal year ended December 29, 2012. Net sales for fiscal 2012 were $266,372,000, up slightly versus the prior year on a non-GAAP adjusted comparable 52 week basis, as detailed on the ...
Tags: The Dixie Group, fiscal year, 2012