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Cutting Initiatives
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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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Puma Has Unveiled an Action Plan for The Elimination of PFCs From Its Supply Chain
Nov 26, 2014In response to the Greenpeace Detox campaign, German sports brand Puma has unveiled an action plan for the elimination of polyfluorinated chemicals (PFCs) from its supply chain. Alongside, Puma which also retails sportswear has set key ...
Tags: Detox campaign, polyfluorinated chemicals, supply chain, Apparel
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Raspadskaya Lost a Net $126 Million in 2013
Mar 28, 2014Russian coking coal producer Raspadskaya lost a net $126 million in 2013, quadrupled from a net loss of $29.5 million a year ago, as its share of exports in its overall sales volumes grew to 42% due to weaker domestic demand, Raspadskaya ...
Tags: Coking Coal, Miner, integrated mining
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Dorel Industries Reported That Its Recreational/Leisure Segment Lost $5.4 Million
Mar 7, 2014Dorel Industries reported that its Recreational/Leisure Segment lost $5.4 million after mostly non-cash restructuring charges that reduced its overall earnings by about half. Dorel warned investors in early February that continued ...
Tags: Dorel Industries, Sporting Goods
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Mccormick Unveiled Several Initiatives in The EMEA
Oct 22, 2013McCormick, a US-based spices and seasonings manufacturer, has unveiled several initiatives in the Europe, Middle East and Africa (EMEA) markets, as part of its Comprehensive Continuous Improvement program (CCI). The company stated that it ...
Tags: McCormick, Cutting Initiatives
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Finance Segments Experienced Some Growth, Driven by Emerging Markets
Jul 24, 2013Finance segments experienced some growth, driven by emerging markets, but the capital markets and commercial banking remained cautious, according to the latest study by the Financial Services Competence Center at Roland Berger Strategy ...
Tags: economy, Finance segments
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Sharemarket Reversed Rise as Mining Companies Declined on China's Growth Outlook
Mar 13, 2013The sharemarket reversed an early rise as mining companies declined on uncertainty about China's growth outlook and Goldman Sachs downgraded the resources sector to from overweight to neutral. High-yield and defensive sectors initially ...
Tags: Stocks, sharemarket, shares
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S&P/ASX200 Closed Down 0.6 Per Cent at an Intraday Low of 5117.6 Points
Mar 13, 2013The sharemarket reversed an early rise as resources companies declined on uncertainty about China's growth outlook and Goldman Sachs downgraded the resources sector from overweight to neutral. High-yield and defensive sectors initially ...
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Cost Cutting Is Tipped to Continue to Be The Focus of Australian Companies
Jan 28, 2013Cost cutting is tipped to continue to be the focus of Australian companies when they release earnings results next month with investors looking for a more disciplined approach to growth plans after recent job losses and writedowns. ...
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A Consortium of Chinese and South African Entities Purchased 74.5% Interest in Rio Tinto
Dec 14, 2012A consortium of Chinese and South African entities has agreed to purchase the 74.5% interest in South African copper producer Palabora Mining currently held by major miners Rio Tinto and Anglo American. The transaction in which Rio Tinto ...
Tags: copper stake, copper, copper producer, refined copper
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CSM Reported a Decline in Third-Quarter Profits as One-off Costs Hit Earnings
Dec 10, 2012Dutch food group CSM reported a decline in third-quarter profits today (25 October) as one-off costs hit earnings. In the three months to the end of September, EBITA fell to EUR20.9m (US$27.1m) from EUR28.3m a year earlier. One-off ...
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Bonduelle Has Booked an Increase in Full-Year Earnings
Dec 10, 2012French vegetable processor Bonduelle has booked an increase in full-year earnings, with sales growth outside of Europe offsetting weakness on the continent while cost cutting initiatives and lower financing costs boosted the bottom line. ...
Tags: vegetable processor, net income, Bonduelle
