Retail sales in November, which are typically viewed as the beginning of the holiday shopping season, showed a solid performance with annual and sequential gains, according to data released today by the United States Department of Commerce ...
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Business Standard reported that amidst all the gloom surrounding the Indian steel sector, prices are again looking up showing signals of a better 2013. Some steelmakers have started to give out feelers to the market that steel prices ...
Tags: metals sector, India, steel, steel industry
Dollar General Corporation reports record third quarter 2012 sales and earnings • Third Quarter Same-Store Sales Increased 4.0%; Total Sales Improved 10.3% • Operating Profit Increased 16% to 9.1% of Sales, a New Third ...
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China's top maker of copper tubes, Golden Dragon Precise Copper Tube Group expects 2013 production to rise by 14% from a year ago as signs of an improving economy inspire cautious optimism boosting orders at home and abroad. China is the ...
Tags: maker of copper tubes, main export market, precise copper tube
The latest Manpower Employment Outlook Survey results show hiring sentiment for the start of 2013 will remain cautious, with Australian employers reporting a Net Employment Outlook of +8%, unchanged quarter-over-quarter and six ...
Tags: Outlook Survey, hiring sentiment, remain cautious, slowdown
Reuters reported that London copper rallied to its highest in six weeks as promising manufacturing data from top consumer China fuelled a cautious return in investors' appetite for the metal although worries over US fiscal woes kept a lid ...
Tags: scrap metal price, iron ore price news, copper market, copper scrap
Bloomberg reported that Aluminium Corporation of China Limited is seeking to tap bauxite resources and build processing plants abroad after Indonesia the largest supplier to China, curbed exports. Mr Luo Jianchuan president of Chalca said ...
Tags: iron ore price news, aluminium frames, mining, alumina
Wall Street is expecting higher profit for PPG Industries(PPG)when the company reports its third quarter results on Thursday,October 18,2012.The consensus estimate is calling for profit of$2.21 a share,a rise from$1.96 per share a year ago. ...
Tags: Wall Street, revenue, PPG
UK confectioner Thorntons has sounded a cautious note ahead of the Christmas period as it booked a drop in first-quarter sales. In the 14 weeks to 6 October, sales fell 1% to GBP46m (US$73.6m), mainly due to the effect of the closure of ...
Tags: sales, confectioner, profit
Morrisons insisted this morning (3 May) that it has made a "satisfactory" start to the year, despite booking its first drop in like-for-like sales since 2005. Like-for-like sales, which strip out the impact of store openings, fell 1% ...
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As the national economy sea saws between revival and slump the impasse over turn of fortune remains unbroken. UPA government sensing the impending economic holocaust with the fiscal deficit and inflation remaining obdurate has stuck with ...
Tags: steel gate, steel systems, steel scrap buyers, alloy steel
US retailer Weis Markets has booked an increase in third-quarter profits as a focus on productivity and "disciplined" promotions offset lower sales. Weis reported a 1.2% rise in net income to US$17.2m for the 13 weeks to 29 September. ...
Tags: Weis Markets, third-quarter profits, store-level productivity
Annual profits from Associated British Foods' grocery business, which includes Kingsmill bread and Jordans cereal, fell 23%, the UK-based group said today (6 November). Adjusted operating profit from the grocery arm, which also sells ...
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Business Line reported that Investindustrial, the Italian private equity fund, has signed a deal to buy a 37.5% stake in Aston Martin, joining Kuwait's Investment Dar, as the luxury car maker's major investor and seeing off competition from ...
Economic Times reported that cement prices in November saw corrections in most of the regions with central, eastern and northern regions bearing most of the brunt. Hyderabad surprisingly was an exception to the fall in price. Cement ...
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