Lululemon Athletica Inc. reported a drop in profit for the fiscal first quarter amid a tax charge tied to a share-repurchase plan and lowered its outlook for the year. Comparable-store sales for the first quarter decreased 4 percent on a ...
Tags: Sporting Goods, Recreation
Russian steel giant Magnitogorsk Iron and Steel Works (MMK) has announced that its Turkey-based subsidiary MMK Metalurji registered a quarter-on-quarter decrease of 20.2 percent in its sales revenues for the first quarter of the current ...
Tags: Magnitogorsk, Iron, Steel
Lite-On Technology expects CCMs (compact camera modules) mainly used in smartphones, LED devices and LED lighting products as well as SSDs to be the main sources of revenues growth for the second half of 2014, according to CEO Warren Chen. ...
Tags: Lite-on Technology, LED
China's massive investments in LED manufacturing capacity are paying off, with a China-based company entering the top ranks of the global market for the first time ever, according to IHS. China's MLS Electronics in 2013 rose to the number ...
Tags: LED manufacturing, LED production
LED epitaxial wafer and chip maker Genesis Photonics began flip-chip LED shipments to China-, South Korea- and Japan-based vendors in the fourth quarter of 2013 and aims to increase the revenue proportion from 15% for the first half of 2014 ...
Glass container manufacturer Owens-Illinois has officially opened its new combined R&D and pilot plant facility, the Innovation Center, at its global headquarters in Perrysburg, Ohio. The 24,000ft2 facility is expected to help the company ...
Tags: Glass container, glass production
Amira Nature Foods, provider of packaged Indian specialty rice, has reported a 32.3% increase in its fiscal 2014 revenues to $547.3m, compared to $413.7m last year. Profit after tax for the full-year 2014 was also up 98.1% to $38.1m, ...
Tags: Nature Foods, packaged specialty
SP Richards Company, Genuine Parts Company's Office Products Group, has signed a definitive agreement to acquire Impact Products (Impact) at an undisclosed sum. Consummation of the transaction is expected on July 1, 2014, and is ...
Tags: Impact Products, SP Richards
FMC Corporation announced that, as a result of weaker than expected performance in FMC Agricultural Solutions, the company expects second quarter adjusted earnings to be in the range of $0.95 to $1.05 per share. Additionally, the company ...
World Cup is held in Brazil and it become world focus, and how are China commercial vehicles performing in Brazil? How are China commercial vehicles layout in Brazil? And what are the challenges? Part One: General analysis of China ...
Tags: Transportation, Commercial Vehicle, Vehicle
Samsonite International S.A. has agreed to acquire Gregory Mountain Products from Black Diamond, Inc. for $85.0 million in cash to be financed by Samsonite's internal resources as well as its revolving credit facility. The acquisition ...
Tags: Sporting Goods, Recreation, Samsonite, Bags, Cases, Boxes
The negative impact on PC sales from tablets is decreasing and global PC demand is expected to significantly rebound in the second half of 2014, Jonney Shih, chairman of Asustek Computer said at the company's 2014 shareholders meeting on ...
Shipments of x86 servers in the China market during the first quarter of 2014 totaled 350,000 units, up 22.9% on year. Meanwhile, factory revenues of x86 servers during the quarter reached US$1.07 billion, growing 24.5% on year. ...
Tags: Server Market, x86 Servers
CareDx. which two weeks ago entered into an agreement to acquire ImmuMetrix Inc., has announced that it intends to make an initial public offering (IPO) of common stock with the intent of realizing $50 million. Brisbane, CA–based ...
In the first five months this year, motor vehicle sales in Turkey totaled 241,250 units, decreasing by 25 percent year on year, according to the Turkish Automotive Manufacturers Association (OSD). Meanwhile, in May of the current year motor ...
Tags: Motor Vehicle, passenger car