After a bleak start to the year, the U.S. economy grew at a brisk annual rate of 4.2 percent in the April-June quarter, the government said Thursday, slightly faster than it had first estimated. The upward revision supported expectations ...
Tags: U.S.Economy, goods and services
While this decline was spread across all three market sectors — light metal packaging, steel drums and similar containers, and other containers (of a capacity exceeding 300 litres — it was most substantial in the light metal ...
Tags: Metal Packaging, Falling Demand
Led by a decline of 9% in US sales, net sales at NYSE-listed apparel retailer Abercrombie & Fitch Co slipped 6% year on year in the thirteen weeks to August 2, 2014. In the second fiscal quarter of 2014, revenues at Abercrombie & Fitch ...
Tags: Abercrombie&Fitch, Apparel
Desktop shipments are expected to enjoy growth in 2014 with Microsoft ending its support for Windows XP, but the all-in-one PC market, which focuses mainly on the consumer market and did not start enjoying demand until recent years, may not ...
Tags: All-in-One PC, Desktop, Computer
Inner Mongolia-based Chinese steelmaker Baotou Iron and Steel Co. (Baogang) has announced that in the first half of the current year it registered an operating revenue of RMB 14.672 billion ($2.38 billion), down 23.70 percent year on year, ...
Tags: Baogang, steelmaker
Belgium-based Picanol Group, which is celebrating its 50th anniversary in China, saw its revenue plunge 28% year-on-year in the first six months of 2014, in what it called a significant slowdown period. Picanol reported sales of Euro ...
Tags: Sales, Picanol Group, Textile
Pakistan Yan Merchants Association (PYMA) has asked the Government of Pakistan to immediately increase the supply of energy for the textile industry. Speaking to reporters, PYMA Chairman Abaidullah Sheikh said he has requested the ...
Tags: PYMA, textile industry, Textile
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
Long held assumptions about the direction and dynamics of the iron ore market have been severely tested in 2014. After hitting a high of $158.90 in February, the industry was jolted on March 10, when iron ore suffered the worst one-day ...
Tags: Iron Ore, raw material
The Export Finance and Insurance Corporation’s (EFIC) Export Monitor newsletter considers the outlook for exports to Asia beyond commodities. "Tourism and education exports will continue their rapid expansion, driven by especially ...
The surgeA transient variation in the current and/or potential at a point in the circuit. in the U.S. trade deficit in manufactures in the second quarter of 2014 and the increase in the Chinese trade surplus shows the countries have resumed ...
Tags: US, China, Electrical
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 ...
Speaking at the 2014 China Coal, Coke & Steel Industries Conference (CCIC) held in Qingdao on August 21, Wang Xiaoqi, vice chairman of the China Iron and Steel Association (CISA), stated that in the first seven months of the current year ...
Tags: Crude Steel, Metallurgy
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 ...
Apparels and home fashions off-price retailer, NYSE-listed The TJX Companies, Inc reported a 7% year-on-year hike in net sales to touch $6.9 billion in the second quarter ended August 2, 2014. Consolidated comparable store sales increased ...