Tough market conditions led to Swedish fashion retailer – Bjorn Borg, a marketer of innerwear and sportswear, witnessing decline across all key financial parameters including sales, net profit and EPS in the second quarter of 2014. ...
Tags: Tough market, Bjorn Borg, Apparel
On August 19, the US Department of Commerce announced it had revised the preliminary anti-dumping duty on solar products produced by Motech Industries in Taiwan, causing Motech’s tariff rate to drop from 44.18%, the highest among ...
Tags: PV, Anti-Dumping Duty, Solar Cell
Australia-based mining and materials company Arrium Limited has issued its financial results for the financial year 2013-14 ended June 30. In the given period, Arrium achieved an underlying net profit of A$296 million, rising 83 percent ...
Tags: Arrium Mining, materials
Danish brewer Carlsberg has announced that its annual profits may witness a slump as a result of decreasing consumption in eastern Europe. Consumption in both the countries has dropped due to sanctions and new drinking laws announced by ...
Nationwide housing production fell 9.3% to a seasonally adjusted annual rate of 893,000 units in June, according to newly released figures from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau. The drop was ...
Tags: Housing Production, Fall, Construction
COLUMBUS, IN — Used Class 8 truck sale volumes swelled 10 percent over May’s sales, according to ACT Research’s latest used trucks report. The rise in sales bucks the historically slower summer trend (used truck sales ...
Tags: Used Class 8 Truck, Sale, Transportation
Chinese homebuyers have driven housing prices and developers’ stocks skywards in the past decade but that has been clearly over for more than a year. Official economic data released on Wednesday showed the slowdown in the sector ...
Tags: Red-Hot Property, Homebuyers
Which product ranges are selling well for manufacturers and why are specifiers buying them? Francis Pearce speaks with a selection of lighting manufacturers to get an idea of what's really going on in the lighting industry "Electric ...
In the second quarter of the current year, Sinarsky Pipe Works, a subsidiary of Russia's largest pipe producer TMK, recorded a net loss of RUB 36 million ($0.996 million), against a net profit of RUB 2.4 million ($0.066 million) in the ...
Tags: Sinarsky Pipe Works, Loss, Energy
Listed companies in Japan saw average pretax profits rise 2% on the year in the April-June quarter, despite April’s consumption tax hike. Automakers and consumer electronics companies were among the top performers in a Nikkei pretax ...
Tags: Automakers, Electronics
According to first estimates released by Eurostat, the Statistical Office of the European Communities, in June this year the seasonally-adjusted production of the construction sector in the European Union member states (EU-28) decreased by ...
Tags: Statistical Office, Decrease, Energy
Global crude steel production in June this year increased by 1.7 percent year on year to 136.82 million metric tons, while a 0.2 percent decline was observed on month-on-month basis, according to the World Steel Association (worldsteel). In ...
For the 2014/15 season, the August report of USDA forecasts global world cotton production at 117.6 million bales, up 1.2 million bales above the forecast made in July, but is slightly below 2013/14 cotton output. In its report, the US ...
Tags: Cotton Output, Textile
Friday's USDA grain stocks and production data didn't hold many surprises for the trade, with carryout numbers falling fairly close to previous estimates, ones that the trade has largely digested. Corn carryout for the U.S. is pegged at ...
Toll’s revenue increased 1.1 per cent over the previous year to $8.8 billion. Total earnings before interest and tax (before individually significant items) were up 4.3 per cent to $444.4 million, and net profit after tax (before ...
Tags: Toll, Challenges, Service