Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) says that it has completed the exchanges for all $65m of its 6% convertible senior notes due 2020. Between 8 and 18 August, ...
Tags: Oclaro, revenue, convertible debt
Iconix Brand Group Inc. reported a loss of $263 million, or $5.44 a share, after charges of $402.4 million to writeoff the company's trademarks and goodwill. Over 90 percent of the impairment is related to the company's men's business ...
For its fiscal third quarter ended November 1, 2014, net loss at The Wet Seal, a leading specialty retailer to young women nearly tripled from the year ago quarter. In the third quarter of 2014 net loss nearly tripled to $36.0 million or ...
Red ink was splashed across all financial parameters, including revenue and net loss at womenswear apparel retailer The Wet Seal in the fiscal second quarter ended August 2, 2014. The Net sales were down 11.2% to $121.2 million in the ...
Tags: Apparel, Textile, Womenswear
For its fiscal first-quarter 2015 (to 28 June 2014), RF Micro Devices Inc of Greensboro, NC, USA has reported record revenue of $316.3m, up 23.6% on $256m last quarter and up 8% on $293m a year ago (and well above the $305m forecast at the ...
Tags: RFMD, Micro Devices
Ascent Solar Technologies Inc of Thornton, CO, USA, which makes lightweight, flexible copper indium gallium diselenide (CIGS) thin-film photovoltaic modules that it integrates into its EnerPlex series of consumer products, has entered into ...
Tags: Ascent Solar, CIGS
For its fiscal third-quarter 2014 (ended 26 January), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported a sixth consecutive quarter of revenue growth, to a record $294m. This is up 1.1% ...
YRC Worldwide Inc. said it has completed $1.15 billion in new financing, including term and asset-backed loans that will reduce borrowing costs by $40 million to $50 million annually and extend debt maturities to 2019. The $700 million ...
Tags: Transportation
Oclaro Inc of San Jose, CA, USA (which provides lasers and optical components, modules and subsystems for optical communications) says that holders of all $25m of the 7.5% exchangeable senior secured second lien notes due 2018 have ...
Tags: Oclaro, Electrical, Electronics, Instruments, Meters
For its fiscal first-quarter 2014 (ended 28 September 2013), JDSU of Milpitas, CA, USA has reported revenue of $429m, up 1.8% on $421.3m last quarter and 1.9% on $420.9m a year ago (and at the high end of the guidance range of $410-430m). ...
Tempur-Pedic International Inc., a leading manufacturer, marketer and distributor of premium mattresses and pillows worldwide, has completed its previously announced acquisition of Sealy Corporation. The Company also announced that it ...
LEXINGTON, Ky. — Bedding major Tempur-Pedic said Friday the Federal Trade Commission has approved its proposed acquisition of rival Sealy Inc. FTC clearance was the last major hurdle preventing the deal from being finalized, and ...
Tags: Bedding, Tempur-Pedic, acquisition
Regional US supermarket group and food distributor Spartan Stores has booked an increase in third-quarter earnings. Net profit in the three months to the end of December amounted to US$5.2m, a 2% increase on the prior-year period. ...
Tags: US supermarket group, food distributor, Spartan Stores, earnings
Financial Express reported that the Essar Steel, which is reeling under a debt burden of INR 23,500 crore, has asked its board to explore the possibilities of raising up to INR 3,000 crore via convertible debt instruments from domestic and ...
Tags: Essar Steel, debt burden, domestic and overseas markets
Tempur-Pedic International Inc,the leading manufacturer,marketer and distributor of premium mattresses and pillows worldwide,and Sealy Corporation,a leading global bedding manufacturer,announced that they have signed a definitive agreement ...
Tags: bedding manufacturer, mattresses, pillows, pressure-relieving material