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Cost Cutting Measures
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Unilever Plans to Sell Certain Food Brands for £6bn
Mar 27, 2017British-Dutch multinational company Unilever is reportedly planning to divest certain food brands from its consumer goods portfolio for £6bn. Flora margarine spread and Stork butter brands are among the brands that are likely to be ...
Tags: Unilever, food brands
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Multi Packaging Solutions Announces Q1 Fiscal 2017 Results
Nov 11, 2016Multi Packaging Solutions International announced results for its first quarter ended 30 September 2016. 1Q FY 2017 vs. 1Q FY 2016: GAAP sales of $407.8 million vs. $459.1 millionNegative foreign exchange impact of $17.4 millionGAAP ...
Tags: Multi Packaging, Packaging
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Crisis-Hit Toshiba to Announce Record Losses Amid Major Restructuring Push
Dec 22, 2015Toshiba Corp. said on Saturday its group net loss for the business year ending in March will far outweigh that of the previous year's and may top its record of 398.8 billion yen (3.29 billion U.S. dollars) logged in the year through March ...
Tags: Toshiba, Record Losses
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American Apparel Has Announced The Next Phase of Its Strategic Turnaround Plan
Jul 10, 2015In order to shore up its topline and bottomline, clothing retailer American Apparel has announced the next phase of its strategic turnaround plan. “This plan includes a redesigned fall merchandise line, approximately $30 million in ...
Tags: American Apparel
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China's Effort in Expanding Module Capacity Abroad
Jul 6, 2015At the start of this year, the United States Department of Commerce conducted a preliminary review of the anti-dumping and countervailing (AD/CVD) measures against Chinese photovoltaic (PV) cell imports for 2012 and reduced the overall ...
Tags: PV Cell, Solar Cell
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Aixtron Plans to Cut About 60 of Approximately 800 Jobs Across The Group
Jan 9, 2015Deposition equipment maker Aixtron SE of Herzogenrath, near Aachen, Germany says that, in continuing with its reorganization (as part of its 5-Point Program to return to sustainable profitability, launched in May 2013), it plans to cut ...
Tags: organic light-emitting diodes, gallium nitride, Electrical
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Bebe Stores Says Gross Margin of Net Sales Fell to 32.1% in First Quarter of Fiscal 2015
Nov 17, 2014Higher product clearance promotions drove down gross margin in the first fiscal quarter ended October 27, 2014, at women’s apparel retailer and NASDAQ listed, Bebe Stores. Bebe Stores said gross margin from continuing operations as ...
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Demand for Packaging Increases, Demand for Automated Packaging Also Increases
Oct 24, 2014This growing demand for packaging is met by the automation packaging which helps speeding up the process of packaging of goods. As the demand for packaging increases the, demand for automated packaging also increases. Increasing ...
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Holland America Line Also Received Top Marks in The High-Deluxe
Feb 13, 2014Holland America Line named 'Best Overall Cruise Value' by World Ocean & Cruise Liner Society for 21st year Wednesday, Feb 05, 2014 SEATTLE, Feb. 3, 2014 /CNW/ - World Ocean & Cruise Liner Society (WOCLS) members named Holland America Line ...
Tags: Liner, Holland America Line
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Systems Would Restore Profitability and Set The Stage for Growth in The Years Ahead
Dec 27, 2013Bioanalytical Systems,Inc.(NASDAQ:BASI)today announced financial results for the fourth quarter and fiscal 2013,highlighted by net income of$252,000,or$0.03 per diluted share,for the fourth quarter and$773,000,or$0.09 per diluted share,for ...
Tags: Bioanalytical Systems, financial results for the fourth quarter
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Mitsubishi: Eco-Responsible Technologies and Promises of Improved Quality
Nov 14, 2013Mitsubishi Motors Corporation (MMC) has detailed its plans for the next three years, headlined by confirmation of next-generation models, eco-responsible technologies and promises of improved quality. Set to follow on from its current ...
Tags: Mitsubishi, Triton, Challenger
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This Month We Offer The Results of Two Annual Studies Conducted
Nov 4, 2013If you like research, and you know we do, then you're going to love this issue of Modern. This month we offer the results of two annual studies conducted by Peerless Research Group (PRG) on behalf of Modern and the supply chain publications ...
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Salzgitter Group Has Announced a Further Downward Revision of Its Guidance for 2013
Aug 12, 2013Germany-based steelmaker Salzgitter Group has announced a further downward revision of its guidance for 2013 given the persisting structural crisis in the European steel industry. The company said that the direct and indirect consequences ...
Tags: Salzgitter, steelmaker
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Aixtron SE Reported Revenue of €45.3m
Jul 30, 2013For second-quarter 2013, deposition equipment maker Aixtron SE of Aachen, Germany, has reported revenue of €45.3m, down 1.7% on €46.1m a year ago but up 13% on €40.2m last quarter. The firm also recorded improvements in its ...
Tags: Aixtron MOCVD
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Hanergy Holding Group Is Claimed to Be The World's Biggest Thin
Jul 29, 2013Beijing-based Hanergy Holding Group Ltd – which is claimed to be the world’s biggest thin-film photovoltaic (PV) firm - has completed the equity acquisition of Global Solar Energy Inc (GSE) of Tucson, AZ, USA, which makes ...
Tags: Hanergy, CIGS PV Firm, Solar Energy