Samsonite International S.A. has agreed to acquire Gregory Mountain Products from Black Diamond, Inc. for $85.0 million in cash to be financed by Samsonite's internal resources as well as its revolving credit facility. The acquisition ...
Tags: Sporting Goods, Recreation, Samsonite, Bags, Cases, Boxes
The negative impact on PC sales from tablets is decreasing and global PC demand is expected to significantly rebound in the second half of 2014, Jonney Shih, chairman of Asustek Computer said at the company's 2014 shareholders meeting on ...
For its fiscal fourth-quarter (ended 27 April), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported its seventh consecutive quarter of sequential revenue growth, to a record $306m (up ...
Tags: Electrical, Electronics
Little Falls, NJ–based Cantel Medical Inc. appears to be doubling down on on its already burgeoning endoscope business with its latest acquisition. Cantel recently announced that it has entered into a definitive stock purchase ...
As of June 9, inventory of iron ore at 33 major Chinese ports amounted to 114.71 million mt, down 0.48 million mt or 0.42 percent compared to the inventory level recorded on June 2, as announced by China's Xinhua News Agency. As of the ...
Tags: Iron Ore, Chinese Ports
Australia-based miner Mineral Resources has announced that it has acquired a 12.78 percent stake in Australia's Aquila Resources Limited, buying more than 52 million shares in the company. Mineral Resources stated that it has the financial ...
Tags: Mineral Resources, miner
Russian aluminum producer Rusal said Monday that it is bullish on the near term prospects for the aluminium market and believes that the price is undervalued. "A number of influential factors that have emerged in recent weeks cause the ...
Tags: Aluminum Market, raw materials
Truck and engine maker Navistar International reports a second quarter net loss of $297 million, or $3.65 per diluted share. That's an improvement from the second quarter of 2013, when the company reported a net loss of $374 million, or ...
Tags: Transportation, Truck, Engine
For LED packaging service provider Everlight Electronics, automotive applications will be the most important market segment, especially in the China market, according to company chairman Robert Yeh. Automotive applications account for ...
Tags: LED, LED Applications, backlighting, LED Lighting
U.S. corn ending stocks came in slightly higher in Wednesday's USDA World Agricultural Supply and Demand Estimates (WASDE) report, while soybean ending stocks are seen slightly lower from last month's estimate amid reports that crop ...
Tags: Corn, Soybean, Agriculture, Food
Saputo (Saputo or the Company) reported today its financial results for fiscal 2014, which ended on March 31, 2014. All amounts in this news release are in Canadian dollars, unless otherwise indicated, and are presented according to ...
Tags: Agriculture, Food
Analogic Corp., a Peabody maker of medical and security imaging technology, Thursday reported revenue for the third quarter of fiscal 2014 was $124 million, generally in line with what analysts had been expecting. The latest figure ...
Tags: Electrical, Electronics
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
Developing the right pricing strategy for each market is one of the critical factors for retailers to successfully expand overseas, according to a report released by Tryzens, the digital commerce solutions company, and Worldpay, the global ...
Tags: Global Expansion
Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis have fallen amid thin trade after news Qingdao port had halted shipments of aluminum and copper amid a probe into loan irregularities ...
Tags: import premiums, Copper futures