Zurich, Switzerland, July 23, 2014 – ABB today reported strong order growth, stable revenues and a significant increase in cash from operations for the second quarter of 2014. The lower operational EBITDA margin mainly reflects ...
Tags: ABB, Growth, Electrical, Electronics
As we discussed last week, innovation and collaboration will be key tools for semiconductor makers as they drive the industry forward. This week, we continue our dialogue with semiconductor pundits and industry leaders quoted in a volume ...
Tags: Semiconductor, Leaders, Electrical, Electronics
Crocs, Inc. hit reverse Tuesday, saying it will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The latest restructuring plan coincided with release of the company’s financial ...
Tags: Crocs, Stores, Sporting Goods
Hormel Foods has completed the acquisition of sports nutrition products firm CytoSport Holdings in a $450m deal announced in June. CytoSport is expected to have sales of approximately $370m in 2014 but the benefits of the acquisition ...
The New Zealand government has provided $4m ($3.3m) funds to Wellington-based plastics manufacturing company Flight Plastics to build a recycling facility that could turn plastic waste into food-safe packaging. Flight Plastics company ...
Threadflip, the fashion marketplace for women to refresh their closets, announced it received $13 million in Series B funding to double down on its rapidly growing Concierge Full Service business model. Norwest Venture Partners (NVP) ...
Tags: Threadflip, Service, Textile
HanesBrands, a leading marketer of everyday basic apparel under world-class brands, announced that acquisition benefits, strong Activewear performance, and increased operating efficiencies drove record second-quarter financial results. ...
Tags: HanesBrands, Apparel, Accessories
Canton, Ohio-based TimkenSteel Corporation announced Thursday plans to open an additional continuous heat-treat facility in the US to produce more value-added steel for demanding applications. "Many of the applications we serve require ...
Tags: TimkenSteel, facility, Metallurgy, Mineral
For the second quarter of 2014, US-based Quaker Chemical Corporation posted a modest 3.5% increase in net sales to $191.3 million against $184.8 million in the second quarter of 2013. Quaker's adjusted EBITDA rose 6% to around $25.8 ...
Tags: Apparel, Accessories, Textile
The initiative 'Align', driven Feria Habitat Valencia to strengthen entrepreneurship in the field of habitat, It has already covered its early formative weeks meeting expectations generated both twenty participants between projects and ...
Tags: Furniture, Furnishing
Daimler AG (stock-exchange symbol: DAI) is continuing along its path of profitable growth. In the second quarter of 2014, the Group achieved new record levels of unit sales and revenue and significantly increased its operating profit from ...
Tags: Daimler AG, profitable, Auto Parts
Spicy Vines, a new Napa label looking to blend the wine, spirit and culinary worlds has named innovative brand agency PureMoxie of Oakland, to lead them forward in the market. The spiced red wine with fruit, spices and brandy infusions is ...
Tags: Spicy Vines, brand agency, griculture
Pie Face has signed a deal to enter in markets in Singapore and Malaysia with 50 new stores Australian pie making company Pie Face has announced that it has entered into formal agreements to open a minimum 50 stores in the next 5 years in ...
Tags: Agriculture, Food
AkzoNobel's protective coatings business have appointed Scott Doering and Fernando Macedo as Vice Presidents overseeing the International and Devoe protective coatings brands within the North America East and West regions. The appointments ...
Tags: Protective Coatings, Coatings
Global online fashion destination ASOS plc announces trading statement for the three months ended 31 May 2014. Three months to 31 May 2014 highlights -Retail sales +25% year on year (UK +43%, International +17%) -International ...
Tags: online fashion, ASOS