TOKYO — Textile maker Toray Industries saw net profit rise 11% to 14.7 billion yen ($142 million) in the April-June quarter on strong demand for carbon fibers that offset goodwill amortization expenses. Operating profit jumped 19% ...
Tags: Toray, Electrical, Electronics
Medtronic isn’t the only medtech company facing criticism over potentially moving its headquarters overseas. Hospira is also taking flak—even though it is only rumored so far to be in talks with French company Danone for a ...
Samsung Electro-Mechanics announced on July 29 that it reported an operating profit of 8.5 trillion won (US$8.3 billion) in the second quarter of this year, a year-year decrease of 90.5 percent. The company turned over 1.8607 trillion won ...
Tags: SEMCO, Electrical, Electronics
THe Samsung Group’s move aimed at spurring management innovation to overcome limits to growth has put Samsung subsidiaries on edge. As business restructuring and reorganization is scheduled in August, subsidiaries are keeping their ...
Tags: Samsung, Electrical, Electronics
Monro Muffler Brake Inc. reported net income of $16.9 million on net sales of $217.5 million for its first quarter ended June 28, 2014. That compares to income of $13.6 million on sales of $206.2 million for the same period last year. The ...
Tags: Monro Muffler Brake, Sales, Auto Parts
Would you believe a 60% tariff? That is a possibility, according to a report by Exane BNP Paribas. On July 22, 2014, the United States International Trade Commission determined consumer tire imports from China may or may soon be ...
Tags: Chinese, Tire Tariffs, Accessories
Goodyear Tire & Rubber Co. posted net income of $213 million on net sales of $4.7 billion for the second quarter ended June 30, 2014. That compares to income of $181 million on sales of nearly $4.9 billion for the same period last year. ...
Tags: Goodyear, Record Earnings, Accessories
RPM International Inc. has filed with the Securities and Exchange Commission (SEC) its Annual Report on Form 10-K for the fiscal year ended May 31, 2014, and amended Quarterly Reports on Forms 10-Q/A for the fiscal 2013 quarters ended ...
Tags: RPM, Report, Construction
Earnings improved at department store chain Kohl’s in fiscal second-quarter ending August 2, as lower expenses hid a marginal decline in revenue. In the second fiscal quarter of 2014, Kohl’s reported a profit of $232 million, ...
Tags: Earnings, Apparel, Accessories
NASDAQ-listed and a branded uniform and facility services programs provider G&K Services, Inc said its full year adjusted operating income touched a record high in its fiscal year ending June 28, 2014. Full year adjusted operating income ...
Tags: G&K, Apparel, Accessories
A transformation plan initiated in 2012, has not helped Li Ning Company Limited wipe out losses from its balance sheet, instead losses multiplied in the results announced for the first six months of 2014. Loss at Li Ning, one of the ...
Tags: Loss, Apparel, Accessories
Return on invested capital (ROIC) for the 12 months ended August 2, 2014 at garment retailer and NYSE-listed Nordstrom stood at 13.2 percent, down from 14.4 percent from same period last year. Nordstrom said, this decrease reflects ...
Tags: ROIC, Apparel, Accessories
LONDON (AP) — Britain’s economy has grown to surpass the peak it reached in 2008, before the global banking crisis caused a deep recession, official figures showed Friday. The Office for National Statistics said gross domestic ...
Good morning. My name is Lindsey and I will be your conference operator today. At this time, I’d like to welcome everyone to KEMET’s 2014 Quarterly Earnings Conference Call. All lines have been placed on mute to prevent any ...
Tags: KEMET, Electrical, Electronics
GREENVILLE, S.C. , July 24, 2014 /PRNewswire/ – KEMET Corporation (the “Company”) (NYSE: KEM), a leading global supplier of electronic components, today reported preliminary results for our first quarter ended June 30, ...
Tags: KEMET