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Margin Pressure
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Veeco's Q3 Revenue Growth Driven by Continued Recovery in MOCVD Market
Nov 13, 2017For third-fiscal 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $131.9m, up 15% on $115.1m last quarter and up 54% on $85.5m a year ago, marking the first full ...
Tags: LED market, LED Lighting
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Supremex Acquires Folding Cartons Manufacturer Staurt Packaging
Jul 24, 2017Packaging and specialty products provider Supremex has acquired folding cartons supplier Staurt Packaging for $17.5m on a cash-free and debt-free basis. Supremex will pay an additional amount of about $2.1m in two years based upon ...
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Veeco's Q1 Revenue up 21% Year-on-Year to $94.4m, Driven by LED Demand
May 9, 2017For first-quarter 2017, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $94.4m, rebounding further from $93.6m last quarter and up 21% on $78m a year ago. This is above ...
Tags: LED Demand, LED industry
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Metcash Group Profits Turnaround in Latest Results But Supermarket Profits Down
Jun 23, 2016Grocery wholesaler, Metcash, has turned its profits around announcing a AUD$216.5 million profit after tax for the 12 months ended 30 April 2016. This is a vast turnaround on its AUD $384.2 million loss it reported for the prior 12 month ...
Tags: grocery wholesaler, ASX
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2016 Soybean Acres to Outpace Corn
Nov 27, 20152016 is looking to be the year of soybeans. Chris Hurt, Purdue University agricultural economist, is predicting corn acreage to be 1.5% to 2% lower and soybean acreage to be around 2% higher for the Midwest’s 2016 growing season. With ...
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Genesco's Earnings Slid 29.3% in Its First Quarter to $9.9 Million
Jun 1, 2015Genesco Inc. reported earnings slid 29.3 percent in its first quarter to $9.9 million, or 42 cents a share. Earnings, adjusted for one-time gains and costs, were 51 cents per share, falling well short of Wall Street's consensus estimate of ...
Tags: Genesco, Wall Street Targets
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CREE Shows LED Sales
Apr 24, 2015For fiscal third-quarter 2015 (to 29 March), Cree Inc of Durham, NC, USA has reported revenue of $409.5m, down about 1% on $413.2m last quarter but up 1% on $405.3m a year ago (and on the higher end of the targeted range of $395-415m), as ...
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Create a Continuous Stream of New Products Is a Key Challenge for Food Companies
Mar 24, 2015A key challenge for food companies is to create a continuous stream of new products which are “UNIQUE” in the eye of the consumer. The pressure from periodic range reviews drives an “in with the new” and “out ...
Tags: Incrementalism, New product, Food
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UGGs
Feb 2, 2015Deckers Brands reported earnings in its third quarter ended Dec. 31 rose 7.5 percent to $149.4 million, or $4.50, but missed its original guidance. Overall Ugg sales grew 6.5 percent but Ugg Classic styles declined due to a slow October and ...
Tags: casual boots, weather boots, Sporting Goods
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Lower Than Planned Sales Cause Genesco to Lower Its Guidance for The Full Year
Dec 8, 2014Genesco Inc. said lower than planned sales and gross margin pressures at its Lids segment in the third quarter and expected continued margin pressure at the segment in the fourth quarter would cause it to lower its guidance for the full ...
Tags: gross margin, planned sales
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Gildan Reported Record Fourth Quarter Adjusted Earnings Compared to Last Year
Dec 5, 2014Gildan Activewear Inc., which is the largest supplier of branded athletic socks in the United States, reported record fourth quarter adjusted earnings per share of $1.00, up 20.5 percent compared to last year, but projected a loss for the ...
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Economic Growth in The EU Has Remained Soft So Far This Year
Nov 4, 2014Economic growth in the EU has remained soft so far this year, with a particularly disappointing performance of the euro area in the second quarter, according to the Economic and Steel Market Outlook 2014-2015/Q4 2014 Report from the ...
Tags: Steel market, Steel Demand
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Sales of BASF Group Grew by 3%
Oct 27, 2014Sales of BASF Group grew by 3% compared with the previous third quarter, reaching €18.3 billion. A sharp rise in volumes in the Natural Gas Trading business sector was mainly responsible for this growth. Income from operations (EBIT) ...
Tags: BASF, Construction Coating
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Third Country Imports Remained on a Rising Trend in July and August
Oct 15, 2014The latest EU customs statistics show that third country imports remained on a rising trend in July and August, according to the European Steel Association (EUROFER). During the July-August period, finished steel imports of the EU rose 32 ...
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Economic Data Confirm That The Recovery in The EU Is Taking Hold
Aug 13, 2014Economic data confirm that the recovery in the EU is taking hold, although growth momentum remains rather modest, according to the Economic and Steel Market Outlook 2014-2015/Q3 2014 Report from the Economic Committee of the European Steel ...
Tags: Recovery, EU, Metallurgy, Mineral