Global steelmaking and mining giant Evraz Group S.A. has announced that its crude steel output amounted to 3.989 million mt in the fourth quarter of 2013, up 0.7 percent quarter on quarter. In the fourth quarter last year, the crude steel ...
Tags: steelmaking, mining giant
The Chinese economy grew at an annual pace of 7.7% in the fourth quarter of 2013, which was enough to ensure that growth for the whole of the year matched that of 2012. According to preliminary data from the National Bureau of Statistics ...
Tags: Chinese Economy, NBS, Australia, market
Following a large media campaign in the lead up to last year’s Super Bowl in the United States, SodaStream is once again making a big marketing push with new global brand ambassador and a new ad campaign. Scarlett Johannson, star of ...
Tags: Super Bowl, SodaStream, Daniel Birnbaum
Intel expects that its workforce will decline by 5 percent as it heads into a year in which revenue is likely to be flat. Intel announced its expectations for a decline in its workforce in the wake of its fourth quarter earnings report. ...
Chinese purified terephthalic acid producers BP and Hengli have deferred the startup of their new PTA plants to 2015 from the fourth quarter this year, amid negative PTA margins, sources close to the company said Friday. The startup of BP ...
Knight Transportation Inc. has increased its profit forecasts for the fourth quarter of 2013 and the first quarter of 2014, citing better performance than it had previously expected. Knight's fourth-quarter net income will be between 24 ...
Tags: Transportation
Norfolk Southern Corp. said its fourth-quarter profit increased 24%, and income from railway operations rose 23% to $881 million. Net income rose to $513 million, or $1.64 per share, from $413 million, or $1.30, a year ago. ...
Tags: Transportation, Truck
A combination of long-term feed price movement and recent stormy winter weather have combined to ignite record-high cattle and beef prices, and between those factors, a lag in cow slaughter and a strong export market have the market on ...
Tags: Beef Prices, long-term feed price
H.B. Fuller Company reported financial results for the fourth quarter that ended November 30, 2013 and guidance for 2014: Items of Note for 2014 Guidance: Adjusted diluted EPS projected at between $3.00 and $3.15, an increase of 16 to ...
Tags: H.B.Fuller, Construction
Saudi Cement has posted a $68.3m (SAR 256m) net profit for the fourth quarter of 2013 – an 8% fall from the $74.1m (SAR 278m) figure it recorded in the same period the previous year. The company attributed the profit drop to a ...
Tags: Cement, Construction, Decoration
Apple Inc.'s iPhone is owned by more than 40 percent of smartphone users in the U.S., giving the Cupertino, Calif., tech company a larger share of the national smartphone market than any of its rivals, according to a report Thursday. ...
Tags: Iphones, Smartphones, Smartphones in The US
UPS Inc. said an unexpected surge of last-minute Internet gift orders during a compressed peak holiday season strained its delivery system, leading to fourth-quarter earnings of about $1.25 per share, or 18 cents below Wall Street ...
Tags: UPS, Lowered Profits, Holiday Surge
UPS Inc. said an unexpected surge of last-minute Internet gift orders during a compressed peak holiday season strained its delivery system, leading to fourth-quarter earnings of about $1.25 per share, or 18 cents below Wall Street ...
Tags: UPS, Lowered Profits, Holiday Surge
Con-way Inc. said its fourth-quarter net profit is likely to be about the same as that of 2012 as expenses increased in its less-than-truckload and logistics units. In addition, bad weather late in December hurt operations at its ...
Smartphone penetration grew to 60 percent of the cellphone user base at the end of 2013, up from 2012's 52 percent, and Apple and Samsung increased their share of the installed smartphone base to a combined 68 percent from the year-ago 57 ...
Tags: Smartphone, Consumer Electronics, Apple, Samsung