On Nov. 26, 2013, Toyo Tire & Rubber Co. Ltd. entered into a plea agreement with the United States Department of Justice (DOJ) agreeing to pay a fine of $120 million based on charges that it violated U.S. anti-trust laws in connection with ...
Tags: Toyo Tire&Rubber, Parts Plea Deal, Fined
Hormel Foods Corporation today reported its performance for the fiscal year 2013 fourth quarter and full year. All comparisons are to the fourth quarter or full year of fiscal 2012. The company reported fiscal 2013 fourth quarter net ...
Tags: Hormel Foods Corporation, reported its performance, Fourth Quarter
Hewlett-Packard reported results for the last quarter of its fiscal year on Tuesday, and although sales were down from a year earlier there were some much-needed signs of improvement. HP's enterprise division, which sells servers, storage ...
Tags: Hp, Improvement, sales growth
BlackBerry's chief operating officer, Kristian Tear, and chief marketing officer, Frank Boulben, have both left the company with immediate effect, while chief financial officer Brian Bidulka will leave at the end of the financial year, the ...
Tags: exec, BlackBerry, management, shake-up
Rumors have it that the Ministry of Economy, Trade, and Industry of Japan (METI) is considering revising PV subsidy downward to JPY34/kWh in 2014 and JPY30/kWh in 2015. According to EnergyTrend, whether Japan's subsidy cut will come true or ...
Tags: Japan, revise, PV, downward, investment, EnergyTrend
Powered by its Pottery Barn and West Elm brands, retailer Williams-Sonoma recorded double-digit sales and earnings growth in the third fiscal quarter. The company said growth was especially strong in its direct-to-consumer segment, which ...
Tags: Pottery Barn, West Elm, Williams-Sonoma, double-digit, gain
Furniture Store Performance RportMotion upholstery, occasional tables, youth bedroom and outdoor furniture now account for a greater portion of furniture store sales, according to Furniture/Today's exclusive Furniture Store Performance ...
Tags: exclusive, furniture, performance
Chinese motion upholstery producer Man Wah Holdings said its U.S. sales rose 13.4% in the six months ended Sept. 30, as gradually improving economic conditions helped the company continue to gain market share. In a report filed with the ...
Tags: Man Wah, sales, jump, fiscal, first half
Fourth Quarter Consolidated Operating Results Net sales for the fourth quarter were $291.7 million and increased $44.5 million, or 18.0%, compared to the prior year. Acquisitions, net of $0.3 million of intersegment eliminations, ...
Tags: Agriculture, Food
In conjunction with a presentation today at the Morgan Stanley Global Consumer Conference, General Mills reaffirmed its key financial targets for the 2014 fiscal year. The company said that for the fiscal year ending May 25, 2014, it ...
Tags: General Mills, Financial Targets
Hibbett Sports, Inc., a sporting goods retailer, announced results for the third quarter ended November 2, 2013. Third Quarter Results Net sales for the 13-week period ended November 2, 2013 increased 2.5% to $208.0 million compared ...
Tags: Hibbett Sports, Apparel
Gap Inc. announced that its Board of Directors approved a new $1 billion share repurchase authorization for the company’s common stock, reinforcing the company’s commitment to returning excess cash to shareholders. The company ...
Tags: Repurchase Authorization, Gap BoD
With the view of exploring the potential of expanding trade in Latin American countries particularly Chile, the Indian Export Promotion Council for Handicrafts (EPCH) recently organized the 4th edition of Buyer-Seller-Meet (BSM) in the ...
Tags: Textile
Kapsch TrafficCom is presenting its new EVK-3300 communications platform for V2X communication at the Car 2 Car Communication Consortium Forum in Munich. With its EVK-3300 platform Kapsch is directly targeting car manufacturers and ...
Pakistan exported textiles and garments worth US$ 4.691 billion during the first four months of the ongoing fiscal year 2013-14 that started on July 1, 2013, showing a rise of 7.55 percent over exports of US$ 4.361 billion made during the ...
Tags: Pakistan, Textile Exports, Grow