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Xinchuang Li, deputy secretary general of the China Iron and Steel Association (CISA), has stated that the issue of overcapacity in China's steel industry has become very serious, while adding that slow economic growth and economic ...
Tags: Steel Industry, Overcapacity
First Solar Inc of Tempe, AZ, USA - which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services - has reported full-year net sales of $3.309bn for ...
Tags: photovoltaic modules, Electrical
Food and beverage company Coca-Cola Amatil (CCA) has announced a net profit after tax of $502.8 million, before significant items. Net profit after tax (including significant items) decreased by 82.5 per cent to $79.9 million for the twelve ...
Tags: operating cost structure, Results Decline, Capital Expenditure
Sales director Mike Rowe will retire in July 2015 and David Bramford has been promoted to sales director designate. As part of its ambitious plans for 2014, Character Options is restructuring its sales and marketing teams. Sales ...
Tags: Marketing Team, Mike Rowe, Alongside David, Character Option
Crocs Inc. reported a loss of $66.9 million in the fourth quarter, partly due to $49.2 million in non-recurring restructuring charges. Revenues increased 1.6 percent. Fourth Quarter and Full Year Financial Highlights: GAAP revenue ...
Tags: Restructuring Charges, Crocs, Revenue, GAAP
Ferro Corporation (NYSE: FOE, the “Company”) today reported results for the fourth quarter and full year ended December 31, 2013. The fourth-quarter income from continuing operations attributable to common shareholders was ...
Tags: Ferro Corporation, Electronics
China's rare earth industry suffered a sharp drop in profits in 2013 despite modest revenue growth, a report said. Industry revenue was close to 77 billion yuan (12.6 billion US dollars) last year, up 7.9 percent, but profits fell 28.1 ...
Tags: Rare Earth, Mineral
For more than 80 years, ATA has stood as the single most authoritative voice on behalf of the trucking industry — a tireless advocate for all motor carriers regardless of size, region or niche. ATA has evolved the way it has over that ...
Tags: trucking industry, communications team, Finance and Operations
Luke Sharrett/Bloomberg News John Reinhart has begun as CEO of the Virginia Port Authority and will oversee a restructuring effort already under way, according to the port. Reinhart, who was named to the post in October, comes from ...
Tags: Virginia Port Authority, APM, Maersk Line, VPA
China's Ministry of Industry and Information Technology (MIIT) has stated that the industrial value-added output of large-scale Chinese enterprises in 2014 is expected to increase by 9.5 percent year on year, slightly lower than the growth ...
Tags: Value-Added Output, Mineral
Finland-based stainless steel producer Outokumpu has announced that it has completed the strategic review of its thin and precision strip operations in Kloster and Nyby, Sweden and in Dahlerbrück, Germany, launched in June 2013 with ...
Tags: stainless steel, Outokumpu
“2013 was the most profitable year ever for the Trelleborg Group, despite the fact that the anticipated economic recovery did not materialize. We further strengthened our market positions and closed in on the long-term targets we have ...
Tags: Net Sales, Trelleborg
First meeting of the reconstituted All India Handloom Board was held under the chairmanship of Union Minister of Textiles Dr. K S Rao in New Delhi. While addressing the members of the board, the Minister said that the Government of India ...
Tags: Handloom Board, Apparel, Textile
Wolverine Worldwide reported financial results for both the fourth quarter and full year ended December 28, 2013. Full-year results include a full 52-week contribution from the Company's October 2012 acquisition of the Sperry Top-Sider, ...
Tags: Wolverine Worldwide, Apparel