General Motors is recalling 106 vehicles due to improper fixing of fasteners which could lead to a loss of steering control. The affected vehicles includes 2014 variant of Buick Regal, Chevrolet Camaro, Cadillac XTS and Chevrolet Impala. ...
Tags: General Motors, Recall, Auto Parts
Brazil’s Votorantim posted BRL 6.8 billion ($2.9 billion) in net revenue in the second quarter of 2014, the company said on Monday. Votorantim reverted a BRL 307 million ($134.66 million) loss registered a year ago to BRL 514 ...
Tags: Votorantim, Revenue, Metallurgy
In its financial results according to international financial reporting standards (IFRS) for the second quarter of the current year, the net income of Russian pipemaker TMK totaled $60 million compared to a net loss of $16 million in the ...
Tags: TMK, Revenues, Metallurgy
Fujian Province-based Chinese steelmaker Fujian Sangang (Group) Co. issued its financial results for the first half of the current year on August 25, announcing a net loss of RMB 43.1284 million ($7.01 million) compared to a net loss of RMB ...
The Productivity Commission’s final report into Australia’s automotive manufacturing industry neglects the profound effect the implementation of the government’s budgetary measures will have on the automotive component ...
Tags: Automotive Industry, Budget Victim, Service
NYSE-listed retailer of casual apparel - Aeropostale, Inc reported a 13% year-on-year decline in net sales and a corresponding decrease in comparable store sales for the second fiscal quarter of 2014. For the second quarter of 2014, ...
Tags: Aeropostale, Sales, Apparel
Australian steelmaker BlueScope Steel has posted a net loss of AU$82.4 million for the financial year 2013-14 ended on June 30, narrowing down from a net loss of AU$107.1 million in the previous financial year, due to increased spreads and ...
Tags: BlueScope Steel, Loss, Metallurgy
WASHINGTON, DC — The U.S. House and Senate have bills that would raise federal truck weight limits for natural gas vehicles. Heavier fuel tanks and equipment on natural gas trucks can add as much as 2,000 pounds more than diesel ...
Citi Trends, a value-priced retailer of urban fashion apparel and accessories reduced its net loss by more than 50 percent from a year earlier in the second fiscal quarter ending August 2, 2014. In the second fiscal quarter of 2014, net ...
Tags: Citi Trends, Loss
Diamond Estates Wines & Spirits today announced its results for the quarter ending June 30, 2014 ("Q1 2015"). Sales for Q1 2015 were $5,166,577 compared to $5,972,682 for the quarter ended June 30, 2013 (Q1 2014"), representing a decline ...
As a result of same stores sales declining 6.8 percent, combining with closure of a few stores, overall revenue at retailer Sears Canada Inc. declined 11.9 percent year-on-year in the 13-week period ended August 2, 2014. In the second ...
UK-based London Mining, a global diversified miner targeting the steel sector, has announced its financial results for the first half of 2014, posting a net loss of $12.6 million, growing from a net loss of $5 million in the corresponding ...
Tags: London Mining, steel sector
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 ...
Spot import premiums for London Metal Exchange-registered brands of copper cathode on a CIF China basis slipped for a second consecutive week, dampened by persistently weak physical buying interest during the current summer lull, market ...
Tags: Metal, Copper, Metallurgy