The Ministry of Textiles in India, through the Office of the Textile Commissioner, has commenced an online system for collecting authentic data on the cotton ginning industry in the country. The online system for filing of ...
Tags: Textiles Ministry
Smartphone maker BlackBerry has announced that it is "exploring strategic alternatives" for the company, which may include break-up, taking the company private or its sale to a rival, such as Microsoft. "These alternatives could include, ...
Tags: Smartphone, BlackBerry
Ivor Evans has been named Meritor's chairman of the board, chief executive officer and president, effective immediately, the company announced today. Evans, a member of Meritor's Board of Directors since 2005, has already been serving as ...
Tags: Meritor
Tilaknagar Industries (TI), an India-based spirit maker, is in talks with global players like Suntory and Pernod Ricard to off-load 15-20% stake in the company for INR6bn ($98.8m). Chairman and managing director Amit Dahanukar and family, ...
Flowserve Corporation announced its financial results for the 2013 second quarter. In addition, Flowserve also filed its Form 10-Q with the Securities and Exchange Commission for the period ending June 30, 2013. Highlights of 2013 Second ...
In the course of the first half of 2013, Titan further strengthened its fundamental financial metrics, increasing sales, generating positive free cash flow and further reducing net debt. The robust recovery in the USA and resilient demand ...
Tags: Construction, Decoration
Sequential Brands Group, Inc. announced financial results for the second quarter ended June 30, 2013. Highlights: - Q2 revenue of $4.3 million vs. $1.0 million in prior year quarter - Q2 adjusted EBITDA of $2.5 million, representing a ...
Tags: Q2 Revenues, Apparel
Georg Fischer generated sales of CHF 1,837 million during the first half-year of 2013, slightly lower than in the previous year. Adjusted for currency effects, divestments and acquisitions, the figure is equivalent to last year?s first ...
Tags: Processing Machinery
Specialist meat packer Hilton Food Group's strategy of operating with one customer per market could lead it to benefit from the horsemeat crisis, predicted City analyst Shore Capital. Hilton Foods' business model of one customer per ...
Tags: Hilton Foods, Agriculture, Food
Finsbury Food Group is stepping up investment in its core UK bakery division as it slashes debt and announces strong profits in an annual pre-close financial statement. Duffy: sale of 'free-from' business has proven 'hugely beneficial ...
Tags: Marvel, morning goods, Finsbury, free from, Thorntons, Disney, cake, bread
New business volume grew 16.4% in the equipment finance industry in 2012, according to the 2013 Survey of Equipment Finance Activity (SEFA) released by the Equipment Leasing and Finance Association. The growth in volume was on par with the ...
Tags: economy
The HSBC Purchasing Managers' Index (PMI) for the Chinese manufacturing sector retreated to 48.2, the lowest level since September 2012 and down from May's final reading of 49.2, as announced by the HSBC.The output sub-index contracted in ...
The Finish Line, Inc. reported results for the 13-week period ended June 1, 2013. For the thirteen weeks ended June 1, 2013: -Consolidated net sales were $351.1 million, an increase of 10% over the prior year period. -Finish Line ...
Tags: Finish Line, Apparel
The London-based business said that the plan to sell its healthcare business – which recorded sales of £427m in 2012 – as part of its longer-term strategy to focus on its core business manufacturing beverage cans. ...
Tags: beverage cans, Packaging, Printing
World GDP growth stabilized during the first quarter of 2013 at a moderate rate. In particular, in the advanced economies the situation improved with financial stress being further reduced and stock prices rising. The acceleration of ...
Tags: GDP growth, financial stress, Euro Area, emerging economies