Australian iron ore miner Fortescue Metals Group has announced its financial results for the financial year 2013-14 ended on June 30. During the given period, Fortescue's net profit amounted to US$2.73 billion, rising 56 percent compared ...
Tags: Fortescue Metals Group, Results, Energy
For its fiscal first-quarter 2015 (to 28 June 2014), RF Micro Devices Inc of Greensboro, NC, USA has reported record revenue of $316.3m, up 23.6% on $256m last quarter and up 8% on $293m a year ago (and well above the $305m forecast at the ...
Tags: RFMD, Micro Devices
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
Ascent Solar Technologies Inc of Thornton, CO, USA, which makes lightweight, flexible copper indium gallium diselenide (CIGS) thin-film photovoltaic modules that it integrates into its EnerPlex series of consumer products, has entered into ...
Tags: Ascent Solar, CIGS
Brazil Fast Food Corp, one of the largest food service groups in Brazil with 1,235 points of sale, operating under (i) the Bob's brand, (ii) the Yoggi brand, (iii) KFC and Pizza Hut São Paulo as franchisee of Yum! Brands, and (iv) ...
Tags: Brazil Fast Food, Agriculture, Food
Molycorp, Inc. MCP +3.19% (“Molycorp” or the “Company”) today announced that it has entered into a commitment letter to secure a $400 million financing arrangement with funds managed by Oaktree Capital Management, ...
Tags: Molycorp, Electrical, Electronics
Specialty metal and chemical products firm 5N Plus Inc of Montreal, Québec, Canada has signed a new US$125m senior secured multi-currency revolving syndicated credit facility that will replace its existing US$100m senior secured ...
Tags: 5N Plus, Electrical, Electronics
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
Tactical Holdings, a major supplier of military footwear, has filed a Chapter 11 Bankruptcy Petition in U.S. Bankruptcy Court in the District of Delaware, and is seeking a quick sale of its businesses. The company’s footwear ...
Tags: Tactical Holdings, Bankruptcy Petition, Sporting Goods
Performance Sports Group Ltd, (PSG) which recently acquired the Easton diamond sport business, reported revenues in the fiscal fourth quarter ended May 31 increased 30 percent to $112.9 million compared to $86.7 million in the same year-ago ...
Tags: Performance Sports, Revenues, Sporting Goods
Although revenue shot up at NASDAQ-listed, Gevo, a producer of renewable technology, chemical products, and next generation biofuels, net loss mounted in the second quarter of 2014, from a year earlier, mainly from interest expense ...
ShawCor Ltd. has completed the acquisition of all of the outstanding shares of Desert NDT LLC , first announced on May 8, 2014, for a total consideration of approximately $260 million, subject to adjustment for changes in working capital. ...
Tags: ShawCor, acquisition, Construction
Black Diamond, Inc., a leading global supplier of innovative active outdoor performance equipment and apparel, has completed the asset sale of its Gregory Mountain Products, LLC ("Gregory") brand for $84.1 million to Samsonite LLC. The ...
Tags: Black Diamond, Apparel, Accessories
Destination Maternity Corporation announces that it does not intend to make an offer for Mothercare plc and is withdrawing its proposal for a possible combination with Mothercare. On 2 July 2014, Destination Maternity made an ...
Tags: Destination Maternity, Mothercare Merger's Offer, Apparel