ACE has reported that its net income for the first quarter of 2012 plummeted by 45% to $328m compared to a net income of $594m during the corresponding quarter last year. Net income was $0.96 per share compared with $1.74 per share for ...
Tags: ACE, net income, first quarter, insurance
The US in a complaint has accused India of wrongfully continuing and also providing fresh export subsidies to its textile export industry,instead of eliminating them,in clear contravention of trade rules of the World Trade ...
Silicon photonics firm Kotura Inc of Monterey Park,CA,USA,which designs and makes silicon photonics application-specific integrated circuits(,computing,sensing and detection markets,has ranked 131st on Deloitte's Technology Fast 500,a ...
Unifi Inc.released preliminary operating results for its first fiscal quarter ended September 23,2012.The Company reported net income of$2.3 million,or$0.11 per share,which increased compared to net income of$0.3 million,or$0.01 per ...
Tags: Unifi Inc., preliminary operating results, first fiscal quarter
Chairman All Pakistan Textile Mills Association (APTMA) Mohsin Aziz has rejected unilateral move of finalizing the proposed Corporate Rehabilitation Act by the Securities & Exchange Commission of Pakistan (SECP) to juggernaut the industry ...
Tags: textile market, textile industry, textile products, textile
The Export-Import Bank of the United States(Ex-Im Bank)has renewed a 12-month export credit insurance policy for Wells Fargo to enable the export of American cotton to a large textile firm in Turkey,Menderes Tekstil Sanayi ve Ticaret ...
Tags: Export-Import Bank of the United States, US cotton, Turkey
JoS.A.Bank Clothiers Inc.announces that net income for the third quarter of fiscal year 2012 decreased 11.2%to$13.3 million as compared with net income of$15.0 million for the third quarter of fiscal year 2011.Diluted earnings per share for ...
Tags: net income, total sales, earnings
foxbusiness.com said that Sueddeutsche Zeitung on Saturday citing company sources reported that ThyssenKrupp AG (TKA.XE) is putting together a program to allow it to save about EUR 2 billion in costs over the next three years, daily ...
Tags: Cost Saving, job cuts
Bloomberg reported that aluminum buyers in Japan are set to secure the first fee reduction in a year from suppliers as the economy sinks into a recession. The executives said that premiums for the three months starting in January may drop ...
Tags: aluminum buyer, aluminum, Japan aluminum, fee reduction
In response to the ongoing challenging market situation in the photovoltaic sector, Meyer Burger Technology Ltd. is further expanding its current consolidation and optimisation programme. Since the beginning of 2012, the company has ...
Reportedly, global steel giant Tata Steel’s profit after tax for the second quarter is seen down by 6% year on year to US$36.6 million, citing to the weakening EU market. For India market, Tata Steel’s sales for the second ...
Tags: Tata Steel, profit down, steel market, India market
The scheduled visit of a Russian business delegation, including representatives from the textile and garment industry, to Bangladesh in December this year has raised hope for the country’s readymade garment (RMG) industry, which is ...
Tags: Bangladesh, BGMEA, RMG, Russia
The Wet Seal, Inc., a leading specialty retailer to young women, announced results for its fiscal third quarter ended October 27, 2012, and provided its financial outlook for the fourth quarter of fiscal 2012. For the third quarter: ...
Tags: United States of America, Sales
Gap Inc. reported strong third quarter earnings, underscoring its continued progress on key business strategies. Net sales for the third quarter, which ended October 27, 2012, increased 8 percent to $3.86 billion compared with $3.59 ...
Tags: United States of America, Sales
Magna subsidiary Cosma International has acquired ThyssenKrupp Automotive Systems Industrial do Brasil(TKASB),a Brazilian vehicle framework manufacturer. TKASB produces and assembles chassis structural components and modules for several ...
Tags: Magna, Cosma International, ThyssenKrupp Automotive Systems