Despite a drop in revenues, adjusted earnings per share soared 36% year-on-year at PolyOne Corp in the third quarter ended September 30, 2014, driven by mix improvement and accelerated Spartech synergies. "As a result of mix improvement ...
Brunswick Corporation reported adjusted operating earnings increased 45 percent in the third quarter on a 13 percent revenue gain. Fitness segment sales, including Life Fitness, and Marine Engine segment revenues, each grew 11 percent. Boat ...
Tags: Brunswick, Marine Engine
Under Armour, Inc. reported revenues increased 30 percent in the third quarter to $938 million compared with net revenues of $723 million in the prior year's period. Sales grew 26 percent in apparel, 50 percent in footwear, and 32 percent ...
Tags: Under Armour, Sporting Goods
CAP-XX’s cash burn is decreasing and product sales are running at higher rate than a year ago, according to an update issued as the annual general meeting today. The company said it received the latest instalment of the Federal ...
Tags: prismatic cell, CAP-XX, Electronics
Driven by strong growth in its outdoor & action sports portfolio and its direct-to-consumer business, revenues at apparel marketer – VF Corp rose 7 percent from a year earlier quarter to $3.5 billion in the third fiscal quarter ending ...
Tags: Apparel, action sports Apparel
US based apparel marketer – Gap Inc said its Board of Directors have approved a new $500 million share repurchase authorization for its common stock. The new $500 million stock repurchase program follows its previous $1 billion ...
Eight years after acquiring US rival, Reebok, seems like German sports gear marketer – Adidas has put Reebok on the block. According to WSJ, funds affiliated to the Abu Dhabi Government and a Hong Kong based private-equity investor ...
Tags: Reebok, Investors, Accessories
Philips has posted a €103 million (81 million) net loss on third quarter earnings just three weeks after announcing that it wants to split off its lighting division. The Dutch giant blamed slowing markets in China and Russia and a ...
Tags: Philips, Announcement, Lighting
Akzo Nobel N.V. has reported positive volume growth and, for the fifth consecutive quarter, an improvement in Return on sales (ROS) – from 8.0 percent to 9.1 percent. Excluding restructuring costs of €55 million, ROS was 10.6 ...
Tags: AkzoNobel, Performance Coatings
Argentinian steelmaker Techint is accusing Japanese-based Nippon Steel of orchestrating a move that could completely alter the control of Brazil’s Usiminas, according to a media report. The move began with the “unilateral ...
Tags: Techint, Nippon Steel, steelmaker
VF Corp. said The Timberland, Vans, The North Face, Kipling and Wrangler brands drove a 7 percent increase in revenues and an 11 percent increase in earnings per share in the third quarter ended Sept. 27, 2014. All per share amounts are ...
Tags: VF Corp, Outdoor Brands
Sapphire wafer maker Tera Xtal Technology has cancelled a plan to issue 25 million new shares mainly due to large drops in its stock prices. The new shares were originally meant to be subscribed by existing shareholders (90%) and ...
Tags: Sapphire wafer, Tera Xtal
The Independent Tire Dealers Group LLC’s (ITDG) captive insurance company reports a record second quarter. The Independent Innovative Captive Insurance Company (IICIC), a worker’s compensation insurance company, realized a net ...
Tags: ITDG, Results, Accessories
Weichai Power released their sales report on Oct. 14, and their net profits were 432-463 million Yuan till Sept this year, up 60-70% over last year. And the net profits for the listed company shareholders are 558 to 868 million Yuan from ...
Tags: Weichai Power, Auto Parts
Peregrine Semiconductor Corp ( PSMI ), said Friday the Japan Fair Trade Commission granted clearance of its proposed $465 million merger with Murata Electronics North America Inc. The approval is subject to a 30-day waiting period set to ...
Tags: Fair Trade Commission, Merger, Electronics