Johnson & Johnson (NYSE: JNJ) announced today that Mark B. McClellan, M.D., Ph.D., Senior Fellow in Economic Studies, and Director of the Initiative on Value and Innovation in Health Care, Brookings Institution, will join the Board of ...
Tags: Light Industry, Daily Use, Johnson
Safely Optimizing Pallet Flow and Rack Storage Consolidating rack systems increases storage capacity by 42% and frees up space, allowing the addition of 24% more inventory items. General Mills' Cedar Rapids, IA plant had successfully ...
More than 200 staff at Osram's Siteco Beleuchtungstechnik factory in Traunreut, Germany are to lose their jobs, with those working in administration, logistics and production, most affected. Siteco manufactures indoor and outdoor lighting ...
Swedish retailer Ikea said worldwide sales rose 3.1% to 27.9 billion euros in the fiscal year ended Aug. 31. The sales figure, which equals about $37.38 billion, includes same-store sales growth of 1.8%. In a press release announcing ...
Tags: Furniture, Furnishing, Ikea
After establishing itself as a go-to-brand for sophisticated womenswear, the British high-street retailer Whistles is foraying into menswear. The label is all set to unveil an Autumn/Winter 2014 collection, which will be created under ...
Tags: High-Street Retailer, Whistles
Bangladesh’s central bank, Bangladesh Bank, has announced creation of a Tk 1 billion refinance fund for the country’s jute sector. Addressing a press conference, Bangladesh Bank’s deputy governor SK Sur Chowdhury ...
Tags: jute sector, Bangladesh Bank
Allen Solly, one of India's most popular and recognized brands in the branded premium apparel segment announced the launch of its most innovative concept yet – Colour Lab. This unique concept, the first of its kind, enables colour ...
Tags: Allen Solly, apparel segment
Less tax for small businesses and more financial support for local government are on the cards as the Chinese leadership considers to start reforming the fiscal system. On August 1, the turnover tax was replaced by a value-added tax (VAT) ...
Tags: Fiscal Reform
U.S. crude-oil futures settled 1% lower Friday after the International Energy Agency warned that the U.S. fiscal crisis could harm demand and said supplies are rising faster than previously thought. Light, sweet crude oil for November ...
Tags: crude-oil, global oil demand
Engineering materials and optoelectronic components provider II-VI Inc of Saxonburg, PA, USA has signed an asset purchase agreement to acquire the optical amplifier and micro-optics business of Oclaro Inc of San Jose, CA, USA (which ...
Tags: Electrical, Electronics
It doesn’t take much to please Hewlett-Packard’s investors these days. HP confirmed Wednesday that its revenue will decline slightly next year, but the mention of “pockets of growth” sent hearts aflutter. HP is ...
Tags: HP, Hewlett-Packard
Equity research firm Cowen and Company reduced its Century Aluminum price target to $10 from $13 due to changes in the aluminum futures curve, the company said in a statement Tuesday. The company also said it assumed Q4 2013 and fiscal year ...
Tags: Aluminum Price, Cowen
Investment in equipment and software is expected to grow 3.3% in 2013, according to the Q4 update to the 2013 Equipment Leasing & Finance U.S. Economic Outlook released by the Equipment Leasing & Finance Foundation. Equipment and software ...
RPM International Inc. today said that outstanding performance in the company's consumer segment and more modest gains in its industrial segment resulted in significant increases in sales, net income and diluted earnings per share for the ...
Tags: RPM, Financial Position
Family Dollar Stores, Inc. reported record earnings results for the fourth quarter and year ended August 31, 2013. Net income per diluted share in the fourth quarter of fiscal 2013 increased 27.5% to $0.88. Included in the results for the ...
Tags: Family Dollar, Apparel