Posted in Medical Device Business by Nancy Crotti on January 14, 2015 As the U.S. dollar strengthens amid global economic uncertainty, travelers aren’t the only ones affected. Major medtech companies including St. Jude Medical and ...
Tags: Medical Device, Health
SemiLEDs, a developer and manufacturer of LED chips and LED components, has announced its financial results for the first quarter of fiscal year 2015, ending November 30, 2014. Revenues for the first quarter of fiscal 2015 were US$2.9 ...
Tags: LED chips, LED components, Lights
Oil prices fell in early Asian trade on Monday, with markets expecting gloomy Chinese economic data to be published this week. U.S. stocks closed lower, marking a fifth straight session of losses, as bank results disappointed and ...
Tags: Oil Prices, U.S.stocks
Tesla’s Model X SUV is expected to be launched in the summer of 2015, Ellon Musk told reporters at the Automotive News World Congress. The seven seater electric car is designed to provide space and functionality of an SUV and it ...
Tags: Tesla Model X, electric car
Sika has reported record sales in every region and also says that all relevant growth targets for full-year 2014 have been exceeded. An above-average increase in net profit is expected for the business year 2014. In the fourth quarter of ...
Tags: emerging markets, Construction
US based home textiles retailer, Bed Bath & Beyond Inc said its sales grew 2.7 per cent from a year earlier quarter for fiscal 2014, ended November 29, 2014. Net sales for the fiscal third quarter of 2014 amounted to $2.94 billion, up 2.7 ...
Tags: Net sales, credit card, Textile
Genesco Inc. announced that comparable sales, including both stores and direct sales, increased 10 percent for the quarter-to-date period ended Jan. 3, from the equivalent period last year. Same store sales increased 9 percent and sales ...
Lululemon Athletica Inc. upgraded its net revenue and earnings guidance for the fourth quarter of fiscal 2014 ahead of its presentation at the ICR XChange investor conference on Monday. For the fourth quarter ending Feb. 1, Lululemon now ...
Tags: guest experience, international expansion efforts, Sporting Goods
Pacific Sunwear of California, Inc. reported comparable store net sales during the month of December increased 9 percent compared to the same period a year ago. "We have had an excellent Holiday season with strong sales performance in ...
Tags: net sales, elevated brands, Sporting Goods
EMS provider Lite-On Technology has reported consolidated revenues of NT$20.436 billion (US$644 million) for December, the highest monthly level since August 2014 with growth of 2.25% on month and 1.26% on year. Revenues from ...
Tags: LED devices, LED lighting products, Lights
The Sherwin-Williams Company (SHW) will issue a press release announcing its financial results for the fourth quarter and year ended December 31, 2014 prior to the opening of the market on Thursday, January 29, 2015. At that time, a copy ...
The United States is set to become an even more dominant market for the diamond industry in 2015. In a reversal of trends that have characterized the industry in the past few years, there has been a shift back from east to west as industry ...
Tags: Diamond Market, diamond industry
Samsung reckons its profits have slipped by a staggering 37.4 per cent year-on-year in the run up to Christmas 2014. The South Korean tech giant outed its pre-earnings guidance, revealing a predicted operating profit of 5.2 trillion ...
Tags: Samsung, CES, Consumer Electronics
Stage Stores, Inc. raised its fourth-quarter guidance while reporting holiday comparable sales grew 6.5 percent for the nine week period ending Jan. 3. Michael Glazer, President and Chief Executive Officer, commented, “We are very ...
Graco Inc. has agreed to acquire the stock of Pennsylvania-based High Pressure Equipment (HiP) company for $160 million. The acquisition of HiP is subject to customary regulatory review and Graco expects to complete the transaction in the ...