Belk, Inc., the nation’s largest family owned and operated fashion department store company, announced operating results for its fiscal first quarter ended May 4, 2013. Tim Belk, chairman and chief executive officer of Belk, Inc., ...
HOUSTON — Bedding retailer Mattress Firm said sales jumped 31.5% to $276 million in the quarter ended April 30 as the company recorded incremental sales growth from scores of new and acquired stores. Profits also were up sharply, ...
Tags: Mattress Firm, Bedding
German original equipment manufacturer Romaco Group has reported that the company’s sales during the 2012 fiscal year (FY) increased 16.7% compared to the previous year. The group also posted 19.4% higher sales of machines and plant ...
Tags: Romaco Group, Packaging
Indicative of a 7 percent quarter-on-quarter hike, Pakistani textile firms booked Pk Rs. 8.9 billion in profits during January-March this year, indicating a growth of 180 percent year-on-year. According to The Nation report, the joint ...
Tags: Textile
Microsoft is expanding its enterprise services in China with a new Global Service Delivery Center in the country, the second of its kind in the world, the company said Wednesday. The company is building the center in Chongqing, where it ...
It’s reported that Jindal Stainless, the largest stainless steel producer in Indian announced a consolidated net loss of INR8.42 billion for the fiscal year 2012/13 ended on March 31st, 2013. Jindal Stainless stated that the net loss ...
Tags: Jindal Stainless, Net Loss
Genesco Inc. reported earnings from continuing operations for the first quarter ended May 4, 2013, of $18.5 million, or $0.78 per diluted share, compared to earnings from continuing operations of $20.8 million, or $0.86 per diluted share, ...
Tags: Genesco, Apparel&Accessories, Dennis
The spread of smartphones, powered by fast 3G and LTE networks used to watch ever more video content, are pushing up the volume of mobile data traffic. The challenge for operators will be to turn that into more revenue, as users prefer ...
Tags: LTE, Smartphone, Mobile Traffic
Indian auto maker Tata Motors has reported total sales of 49,304 vehicles including exports, commercial and passenger vehicles during May 2013. During the month, the company sold a total 45,430 vehicles in the domestic market that ...
Tags: Tata Motors, auto
It’s reported that Indian steelmaker Steel Authority of India Limited (SAIL) released its financial result for the fourth quarter and full fiscal year 2012/13 ended on March 31st. In the fourth quarter, SAIL posted a net profit of ...
Tags: SAIL, Net Profit
Better than expected economic data provided a cushion for the Australian dollar yesterday, with a sharp rebound in home building and still-resilient corporate investment plans easing the need for the central bank to cut rates again. But ...
Tags: Aussie Dollar, RBA
British luxury car manufacturer Jaguar Land Rover (JLR) is planning to invest about GBP2.75bn in the UK in 2014, after recording yearly pre tax profits of about GBP1.67bn. Tata Motors' owned firm, further revealed plans to continue ...
Tags: Land Rover
India's state-owned gas utility GAIL expects to import 34 spot LNG cargoes in fiscal year 2013-14 (April-March), more than double the 16 spot cargoes it imported in the previous year, to meet demand for the Dabhol LNG terminal and make up ...
Tags: Metallurgy, Mineral, Energy, gas
Grand Rapids, Michigan – The city plans to expand its utilization of LED fixtures in public street lights, deploying higher-volume installations of the technology in three areas: around the new Downtown Market, along Monroe Avenue at ...
Tags: LED Street Lights, Grand Rapids
H.B. Fuller Company has signed an agreement to purchase adhesives company Plexbond Quimica, S/A, a provider of chemical polyurethane specialties and polyester resins. This business generated nearly $20 million in revenue for the 2012 fiscal ...
Tags: Construction, adhesives