Bread and snack food manufacturer Goodman Fielder has announced it expects its earnings before interest and tax (EBIT) in the 2014 financial year to be approximately 10 to 15 per cent lower than the previously expected $180 million. The ...
Tags: Agriculture, Food
Lite-On Technology has reported that its fourth-quarter 2013 consolidated sales reached NT$59.36 billion (US$1.95 billion), up 12% on year and 4% on quarter, hitting a 10-quarter record high. Net profits were NT$2.52 billion, up 9% on year ...
Tags: Lite-On Technology, LED lighting
American milk producers are enjoying a windfall thanks in part to surging exports to China, Bloomberg reported, citing US Department of Agriculture (USDA) data. While the average farm will see a 21% drop in net-cash income in 2014, dairy ...
Tags: Milk Demand, US Dairy Profits
Worldwide software revenues totaled US$407.3 billion in 2013, a 4.8% increase from 2012 revenues of US$388.5 billion, according to Gartner. The software industry is in the middle of a multi-year cyclical transition as organizations are ...
Tags: Software Market, software industry
March rolled in like a lamb and out like a lion for ULSD exports from the US Gulf Coast, which have seen an uptick within the past week, market sources said Monday. Higher prices in Europe and a refining issue in South America have ...
Tags: ULSD Exports, ULSD barrels
With approval of the Supervisory Board of the company, the Management Board of FAST Casualwear AG has resolved on carrying out a second capital increase in the current financial year. The capital increase will be carried out against ...
Tags: Casualwear, footwear, apparel
BlackBerry continued to struggle during the company’s fiscal fourth quarter, experiencing a huge drop in revenue and a $423 million net loss. Revenue for the fourth quarter of BlackBerry’s fiscal 2014, which ended March 1, was ...
Tags: Blackberry, smartphones
The Central Asian nation of Turkmenistan is planning to harvest more than 1.05 million tons of cotton in 2014-15 by sowing seeds on 545,000 hectares of land, reports the State News Agency of Turkmenistan. At a meeting of the Cabinet ...
Tags: Cotton, Turkmenistan, cotton seeds
The Finish Line, Inc. reported results for the fourth quarter and fiscal year 2014, representing the 13 and 52 weeks ended March 1, 2014. Fourth Quarter Results: -Consolidated net sales were $518.9 million, an increase of 17.2% over ...
Tags: Finish Line, EPS, GAAP basis
Armstrong Century Farm Hardwood Flooring used on NBC's "American Dream Builders" renovation competition. Armstrong and Bruce flooring products were used on NBC's new reality competition series, "American Dream Builders," which premiered ...
Tags: Bruce Flooring, flooring
Packaging Corporation of America (PCA) has announced plans to convert the No. 3 newsprint machine (D3) situated at its DeRidder, Louisiana mill, US, to containerboard, producing lightweight linerboard and medium. The machine is expected ...
Russian coking coal producer Raspadskaya lost a net $126 million in 2013, quadrupled from a net loss of $29.5 million a year ago, as its share of exports in its overall sales volumes grew to 42% due to weaker domestic demand, Raspadskaya ...
Tags: Coking Coal, Miner, integrated mining
AU Optronics (AUO) is organizing a subsidiary, Star River Energy, specifically as a platform to invest in PV systems and solar power-generating stations, according to AUO. AUO plans to introduce financial investors in Star River, the ...
Tags: AU Optronics, PV Investment
The US Department of Commerce (DOC) published in Tuesday’s Federal Register its preliminary determinations in the countervailing duty (CVD) investigations of non-oriented electrical steel from China, Korea, and Taiwan. Accordingly, ...
Despite ethanol prices at their highest levels in nearly eight years, multiple ethanol production facilities in the US Midwest will undergo spring maintenance turnarounds in the coming weeks, sources said Tuesday. Flint Hills Resources ...
Tags: Ethanol, ethanol production