Crocs Inc. reported a loss of $66.9 million in the fourth quarter, partly due to $49.2 million in non-recurring restructuring charges. Revenues increased 1.6 percent. Fourth Quarter and Full Year Financial Highlights: GAAP revenue ...
Tags: Restructuring Charges, Crocs, Revenue, GAAP
High inventories have pushed the spot price of monoethylene glycol in China to the lowest level seen since July 2012, Platts data showed Tuesday. Weakness in the domestic market pressured down the import price of MEG to $916/mt CFR China ...
Tags: MEG Prices, Domestic Market
HOUSTON — Gallery Furniture's Jim McIngvale could've spent $8 million for two 30-second commercials during the Super Bowl earlier this month. Instead he's spending $7 million to make more than 1,000 customers extremely happy while ...
Tags: Super Bowl, Pigskin Promotion, Millennial, NFL league
The Men's Wearhouse announced that it has increased its cash tender offer for all outstanding shares of Jos. A. Bank Clothiers, Inc. to $63.50 per share from $57.50 per share. Expiration of the amended tender offer has been moved up to ...
Tags: Men's Wearhouse, Jos A Bank
BASF increased sales and earnings in 2013 compared with the previous year. Sales of BASF Group in the fourth quarter of 2013 were €18.1 billion, slightly above the same period of the previous year. Volumes increased in all segments. ...
Tags: BASF, Keep Head Above Water
Guinness Peat Group plc released its preliminary financial results for the year ended 31 December 2013, incorporating the 2013 preliminary results for Coats plc, the world’s leading industrial thread and consumer textile crafts ...
Tags: Guinness Peat, Threads Maker
Dillard’s, Inc. announced operating results for the 13 and 52 weeks ended February 1, 2014 including record fiscal year earnings per share adjusted for certain items of $6.99 versus $6.33 in the prior year. Fourth Quarter Results ...
Tags: Net Income, Apparel
Despite a positive outlook for the year ahead, time, money and expertise remain key obstacles to small business growth plans for 2014, according to the latest research from national business organisation, The Forum of Private Business. ...
Tags: GDP, FPB, small business, time
J.B. Hunt Transport Services Inc. said it is raising its dividend for shareholders by 33% to 20 cents per share. The increased payout will be made Feb. 27 to shareholders of record as of Feb. 13. The previous dividend from the Lowell, ...
Tags: shareholders, increased payout, concluded the consistent earnings
For 2013, Rexam posted a 1% rise in sales to £3.9bn. Underlying profit before tax was up 4% to £372m. The group also hit 15.5% return on capital employed (ROCE), up on the 14.5% in 2012. Rexam’s total dividend is up 14% to ...
On a rooftop in the Bronx far from the skyscrapers of Manhattan, 4,760 panels soak up the winter rays. Welcome to the solar power boom in New York state. Robert Kline, director of commercial sales for the Ross Solar Group that installed ...
Tags: Consumer Electronics, Electronics
Graphic Packaging's European subsidiary is all set to acquire the UK-based food and healthcare packaging firm Benson Group for approximately $165m. Subject to standard closing requirements, the transaction will be funded with existing ...
Tags: Graphic Packaging, Packaging
The Australia Pacific LNG project is currently around 60% complete and remains on track to deliver its first cargo in mid-2015, joint venture partner Origin Energy said Thursday. Origin is the upstream operator of the coalseam gas-based ...
Tags: Pacific LNG, Chemicals
Ultra low sulfur diesel cracks are at a 6-week high on strong buying interest for cargoes in the region and a rise in the front-month 0.1% ICE gasoil futures contract. The crack for physical FOB Rotterdam ULSD barges rose to a $17.04/mt ...
Tags: Diesel Cracks, gasoil
The liquidation of the March contract proceeded in a speedy and orderly fashion, as open interest was down to just 6’393 contracts or 639’300 bales as of this morning. With another 3’300 contracts trading, most of ...
Tags: Cotton Futures, Textile