Improved buyer demand at the beginning of the year pushed pending home sales in January to their highest level since August 2013, according to the National Association of Realtors (NAR). All major regions except for the Midwest saw gains in ...
Tags: Pending Home Sales
Medtronic has seen its fair share of bad patent news of late. Last year, the company agreed to pony up more than $1 billion to settle patent litigation with Edwards Lifesciences. Now, the company stands to lose out on a significant cash ...
Tags: Medtronic, Medical Device
Tong Hsing Electronic Industries, which provides assembly and test services for niche ICs and produces ceramic substrates for the manufacture of LEDs, expects its capex for 2015 to exceed NT$1.5 billion (US$47.8 million). The capex will be ...
Tirupur Exporters’ Association has welcomed today’s decision of the Reserve Bank of India (RBI) to reduce the Policy Repo Rate by 25 basis points (bps) from 7.75 per cent to 7.50 per cent, and urged banks to pass on the benefit ...
Tags: Repo Rate
Activity in China's services sector grew modestly in February as new orders rose at their quickest pace in three months, a private survey showed just a few days after the central bank cut interest rates to stimulate the world's ...
Tags: HSBC Services, PMI
U.S. jewelry and watch sales across all channels fell 1.9 percent year on year to $4.55 billion in January, according to preliminary figures. Data revealed that jewelry sales fell 1.6 percent to $4 billion, while sales of watches ...
In the fourth quarter of fiscal 2015 which had 14 weeks, net sales at kids apparel retailer, Carter’s, Inc rose 12.9 per cent from the fourth quarter of fiscal 2014 which had 13 weeks. Carter’s said, consolidated net sales ...
Tags: Carter's, Apparel Retailer, Apparel
On back of improved comparable store sales, US based retailer and NYSE listed, Kohl’s Corporation posted better than expected results in the fourth fiscal quarter ended January 31, 2015. In the fourth quarter of fiscal 2015, driven ...
Chinese firms are beefing up research and new product development programs in a bid to gain higher margins from the global market, according to industry experts. As a result, the number of innovative devices coming out of China has risen ...
Tags: global market, Chinese Innovations
NYSE listed and US based apparel retailer, Macy’s, Inc said it reported its sixth consecutive year of double-digit growth in adjusted earnings per share in the fiscal month ended January 31, 2015. According to Macy's, in fiscal ...
Tags: apparel retailer, Apparel
Epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue for full-year 2014 of $392.9m, up 18% on $331.7m in 2013. Fourth-quarter 2014 revenue was $113.6m, up 22% on $93.3m last ...
Chinese consumers spent lavishly on travel, movies and gifts during the lunar New Year holiday. While hoards of travelers were on their way home on Feb. 18, New Year's Eve in China, Wu was enjoying the sunshine in Bali with her family, ...
Tags: Holiday Consumption, travel, movies, gifts
Italian coffee maker Luigi Lavazza has sole rights to consider the acquisition of Carte Noire coffee business from Mondelez International, as part of its contractual agreement with the latter. Lavazza was quoted by Reuters as saying: ...
Tags: Lavazza, Carte Noire Coffee
In 2014 the Queensland Department of Industry announced the launch of the new 'Industry Skills Fund'. Commencing from 19 January 2015, the $476 million 'Industry Skills Fund' assists Australian businesses to invest in training and support ...
Tags: Logistics
Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has announced the pricing of its offering of $55m of 6.00% convertible senior notes due 2020. The notes will be offered and ...
Tags: components, modules, optical communications