Recession in the Chinese shipbuilding industry still continues. CSSC Jiangnan Heavy Industry Co., Ltd., (SHSE: 600072), a listed arm of China State Shipbuilding Corp. (CSSC), released financial for the third quarter of this year on ...
Tags: Transportation, Shipbuilding
DENSO Corp. posted net income of 150.1 billion yen on consolidated net sales of nearly 2 trillion yen for the first half ended Sept. 30, 2013. That compares to income of 78 billion yen on sales of 1.7 trillion yen for the same period in ...
Tags: Auto Parts
China has unveiled a five-year plan for its emerging shale gas industry as the government seeks to replicate the US success in extraction of the cleaner-burning unconventional fuel. The 2011-2015 plan, made public yesterday by the ...
Tags: Metallurgy, Mineral, Energy, gas
The Hillshire Brands Company today reported results for its first quarter of fiscal year 2014. Net sales increased 1% to $984 million over the prior year's first quarter Adjusted1 operating income of $76 million, down 24.4% versus the ...
Tags: Hillshire Brands, Food
The Volkswagen Group reported a solid performance in the first nine months of fiscal year 2013, despite the ongoing difficult market environment. Including China, Group deliveries increased by 4.8 percent to 7.2 million vehicles worldwide. ...
RNB RETAIL AND BRANDS AB has entered into an agreement to sell the subsidiary JC to Denim Island AB. Denim Island AB is a part of Denim Island Group owned by Gordon Wu. The buyer Denim Island Group is a leading producer of denim products as ...
Tags: Denim Island, RNB Retail
Wacker Chemie AG posted slight quarter-on-quarter sales growth between July and September 2013, thanks especially to the surging demand for solar silicon. As already expected, however, the Munich-based chemical group did not match the ...
For third-quarter 2013, AXT Inc of Fremont, CA, USA has reported revenue of $20.5m, down 1.4% on $20.8m a year ago and 14% on $23.8m last quarter. Fiscal Q3/2012 Q4/2012 Q1/2013 Q2/2013 Q3/2013 Revenue $20.8m $18.9m $22.4m $23.8m $20.5m ...
Schnitzer Steel Industries, Inc. reported Tuesday an adjusted loss per share of $(0.51) for the fourth quarter ended August 31, 2013, excluding a non-cash goodwill impairment charge, other asset impairment charges, restructuring charges and ...
Tags: Metallurgy, Mineral, Energy
US-based life insurer MetLife has reported third quarter 2013 profit of $942m, or $0.84 per share, compared to a loss of $984m or $0.92 per share during the corresponding period last fiscal. For the quarter ended on 30 September 2013, ...
Mitsubishi Motors Corporation (MMC) today announced its sales and financial results for the first half of the 2013 fiscal year (FY) ending March 31, 2014 along with full-year forecast revisions. 1. Performance overview MMC posted ...
Tags: Mitsubishi Motors
Sony has slashed its profit forecast for 2013 by 40 per cent, meaning the technology giant now expects to make only £190m. The company had originally estimated it would make a profit of 50bn yen (£372.4m), but after its Q3 ...
Tags: Computer Products, software, Sony
Fujitsu reported a consolidated net income of 12.3 billion yen (US$126 million), an increase of 1.2 billion yen compared to the second quarter of fiscal 2012. Operating income for the first-half of fiscal 2013 was an improvement over July ...
Tags: Fujitsu, LSI devices
Carpenter Technology Corporation reported Tuesday net income of $34.6 million for the fiscal first quarter ended September 30, 2013 compared to $39.2 million in the prior year first quarter. "Our first quarter earnings were in-line with ...
Tags: Metallurgy, Mineral, Energy
Japan's Tokyo Electric Power Company used around 450,000 kiloliters, or 91,000 b/d, of crude and fuel oil for power generation in October, up 50% from the 300,000 kl it had planned to consume earlier, a source close to the matter said ...
Tags: Metallurgy, Mineral, Energy, fuel oil