Iconix Brand Group, Inc. announced financial results for the third quarter ended September 30, 2013. Highlights: - Record Q3 revenue of $107.2 million vs. $86.6 million in prior year quarter, a 24% increase - Record Q3 non-GAAP ...
Tags: Iconix Brand, Apparel
The South East Asia Iron and Steel Institute (SEAISI) said today, October 28, that the ASEAN (Association of Southeast Asian Nations) region is a significant net importer of steel products, pointing out that the region is not ...
Tags: Steel Plant, Mineral
In the third quarter of 2013, Daimler AG once again achieved significantly higher earnings than in the prior-year period. The Daimler Group's EBIT for the period of July through September amounted to €2,231 million (Q3 2012: 1,923 ...
Tags: Daimler AG, Mercedes-Benz Cars
German automaker Volkswagen Group has opened its new facility at Ningbo in south eastern part of China, as part of its plan to expand its production capacity in China. Located about 150km south of Anting in greater Shanghai area, the ...
Tags: Volkswagen, Production Facility
The Walt Disney Company China, officially announced plans to build the Company's first, and the world's largest Disney Store in Lujiazui in Shanghai. Marking the occasion was the official signing ceremony between Mr. Stanley Cheung, ...
Tags: Walt Disney, Apparel Store
Following the filing of Chlorovinyls joint venture plan for EU clearance, Solvay is presenting the associated activities in discontinued operations as from Q3 2013. Accordingly all financials have been restated. -Group net sales down (8)% ...
Tags: Solvay, EU clearance
Elevance Renewable Sciences, Inc., a high-growth specialty chemicals company, announced that it has authorized the next significant stage of its second world-scale biorefinery in Natchez, Miss., in order to expand production of its Inherent ...
Tags: Natchez Biorefinery, Chemicals
Gorilla Glass maker Corning has announced that it's going to buy out Samsung Display's stake in their LCD joint venture, in a deal that gives Samsung Electronics a 7.4 per cent stake in Corning. As well as having a foot in the firm, ...
Tags: Samsung, Gorilla Glass Maker
Krakatau Posco, the joint venture built by the Korean steelmaker Posco and Indonesia-based state-run steel company PT Krakatau Steel has started producing coke in Indonesia in early October. It’s known that the Posoc and PT Krakatau ...
Tags: steel, Construction
South Korean steelmaker POSCO has announced that Krakatau POSCO, its joint venture with Indonesia-based state-run steel company PT Krakatau Steel, began manufacturing coke in early October. In October 2010, POSCO came together with PT ...
Tags: Metallurgy, Mineral, Energy
Shares of Corning Inc. jumped Tuesday after it announced a new tie-up with a Samsung Electronics subsidiary that will boost the glass maker's earnings immediately and guarantees that it will supply Samsung with liquid crystal display glass ...
Corning Inc. (GLW) said its will take control of a joint venture with Samsung Electronics Co.'s (SSNHZ) business that makes LCD glass in Korea and receive a $1.9 billion investment in a series of transactions to strengthen collaboration ...
Tags: LCD Glass Venture, Samsung
Russia and China on Tuesday signed an agreement by which Russia will supply an additional 10 million tonnes of crude oil to China each year over the next 10 years, Russian Prime Minister Dmitry Medvedev said in Beijing. "(We) will supply ...
Tags: Medvedev, Additional Oil
Elevance Renewable Sciences, Inc., a high-growth specialty chemicals company, announced that it has authorized the next significant stage of its second world-scale biorefinery in Natchez, Miss., in order to expand production of its Inherent ...
Tags: Biorefinery, Elevance
Chalco Hong Kong Ltd, has agreed to sell its equity stake in Chalco Iron Ore Holding to Chinalco Overseas Holdings to ease funding pressure from the joint venture Simandou iron ore project in Guinea, Chalco said in a filing to the Hong Kong ...
Tags: Iron Ore Project, Chalco