Issaquah, Wash. - Costco beat Wall Street estimates during the second quarter, with net income up 38.8% to $547 million, or $1.24 per share. Total sales for the quarter ended Feb. 17 rose 8% to $24.3 billion. Both consolidated same-store ...
Tags: Costco, Total sales, company news
A. Schulman, Inc. (Nasdaq-GS: SHLM) announced today that it has made a proposal to the Board of Directors of Ferro Corporation (NYSE: FOE) to acquire all of the outstanding shares of Ferro common stock for per-share consideration of $6.50, ...
Tags: A.Schulman, Ferro Corporation, proposal
Foot Locker, Inc. the New York-based specialty athletic retailer, reported financial results for its fourth quarter and full year. The Company's fiscal year ended on February 2, 2013, reflecting a 14-week fourth quarter and 53-week year, ...
Tags: Foot Locker, specialty athletic retailer, financial results
US-based Pinnacle Foods has swung to a profit of $53m for the fiscal year ended 30 December 2012, compared to a loss of $47m a year ago, when the company incurred restructuring and impairment charges of $156m. The company's net revenues ...
Tags: Pinnacle Foods, fiscal year, 2012
Retailer Pier 1 Imports said fourth quarter sales rose 15.7% as store traffic increased and customers rang up higher average tickets. In a preliminary financial report, Pier 1 said sales for the 14-week quarter ended March 2 totaled $552 ...
Tags: Retailer Pier 1, imports, earnings
The News reported that cement exports registered a growth of 15.40% inFebruary as compared to the corresponding month last fiscal year but the local sales remained almost stagnant up by 1.16% and resulted in lowergrowth as compared to ...
Tags: cement exports, Pakistan, cement industry
The news of higher revenues and more listeners encouraged investors, prompting a surge in after-hours trade of Pandora by 18.6 percent to $13.92. Paul Ausick at 24/7 Wall Street said the latest earnings report was "not substantially ...
Tags: Pandora Chief, company news, revenues
Deposition equipment maker Aixtron SE of Herzogenrath, Germany has a number of stock option programs in place that grant employees the right to purchase the firm’s shares under certain conditions. Under the terms of the stock ...
Tags: Germany, stock option program, company news
Alstom and NaturEner Energy Canada Inc. have entered into an agreement for the supply of up to 414 MW of wind turbines to be installed at NaturEner’s Wild Rose Projects in Alberta. The agreement includes 138 ECO 110 3.0 MW wind ...
Japan's Sharp has secured a $110 million lifeline investment from Samsung Electronics, and agreed to become a major supplier of screens for the South Korean company's growing electronics empire. The deal gives Samsung a steady supply of ...
Tags: Sharp, Computer, Consumer Electronics, LCD
Oracle has rolled out version X3-2 of its Database Appliance for small and medium-sized businesses that it says delivers up to twice the speed and more than four times as much storage as the first edition, which was launched in 2011. In ...
South Korean firm Samsung is to buy a three per cent stake in its Japanese rival Sharp for 10.4bn yen (£73m). Sharp has been struggling to restructure its operations as it continues to make losses; the firm has forecast its biggest ...
Oerlikon Group reports full year and fourth quarter 2012 results. -Oerlikon increased profitability to EBIT margin of 14.5 % -EBIT up by 32.4 % to CHF 421 million; EBIT margin at 14.5 % -Strong margin improvement in Textile, Drive ...
Tags: Oerlikon Group, Textile, Sales, 2012
Walmart announced that it has worked with SolarCity to install solar panels on 12 Walmart stores and Sam’s Clubs throughout Ohio. The solar panel installations will add approximately 6,000,000 kWh of generation production – ...
Tags: Walmart, SolarCity, solar panels
The Government of India is implementing several schemes for promotion and development and upliftment of handicrafts in the country, Minister of Textiles Mr. Anand Sharma said in a written reply in the Lok Sabha, the Lower House of the ...
Tags: Government of India, upliftment of handicrafts, Minister of Textiles