Graphic Packaging has reported a 8% drop in its net sales to $1.09bn for the second quarter of 2017, compared to $1.10bn reported in the prior year period. Though sales had fallen by 8%, the company stated that its net tons sold increased ...
Tags: Graphic Packaging, Packaging
For fiscal third-quarter 2016 (to 30 June), Emcore Corp of Alhambra, CA, USA – which provides indium phosphide (InP)-based optical chips, components, subsystems and systems for the broadband and specialty fiber-optics markets – ...
McDonald’s global turnaround is coming to fruition. The global re-vitalisation is being driven by the new management headquartered in Chicago. There are numerous lessons that can be learnt on how big companies can successfully ...
Mitsubishi Motors said that it will book a $480m charge this fiscal year to compensate customers who are affected by its fuel economy manipulation scandal. Chairman Osamu Masuko said that the company will pay a compensation of ¥100000 ...
Tags: Mitsubishi Motors, eK Wagon
For full-year 2015, Riber S.A. of Bezons, France, which manufactures molecular beam epitaxy (MBE) systems as well as evaporation sources and effusion cells, has reported revenue of €12.8m, down 23% on 2014's €16.6m. This is due ...
Nestle India is planning to re-introduce chicken variant in its Maggi Noodles that were relaunched in the country last November. The food company is planning to make the new variant available through online retailer Snapdeal. It had ...
Tags: Snapdeal, Nestle India
While there are concerns about overcapacity for metal-alloy chassis on the possibility that iPhone shipments in 2016 will slip on year, global demand, especially for aluminum-alloy chassis, will continue growing over the next 3-5 years, ...
Tags: aluminum-alloy, Alloy
ASX-listed Collins Foods, which owns KFC and Sizzler restaurants in Australia, has reported profit growth for the six months ending the 18 October 2015. Total revenue was reported as AUD$269.7 million, a 5.1 per cent increase on the same ...
Tags: Collins Foods, KFC
Ford Motor has agreed to acquire a controlling interest in its joint venture (JV) with Russian car company Sollers as well as provide additional funding to the Ford Sollers JV. The Ford Sollers JV produces and imports Ford products, ...
Tags: Ford Motor, Russian JV
Beer sales in the UK have increased by 1.3%, after nine consecutive years of decline during which beer sales dropped by 24%. According to British Beer & Pub Association (BBPA), the surge in beer sales comes after two duty cuts on alcohol ...
Tags: Beer Sales, tax cuts, beer
Most of the traditional January or Boxing Day sales now start online before Christmas, even before you've had a chance to pull a cracker. Retailers are not obliged to give you a refund or an exchange if you simply decide you don??t want ...
Tags: Boxing Day, Christmas
McDonald’s global sees drop in sales McDonald’s Corporation has announced that global comparable sales decreased 0.5 per cent in October 2014, which it said reflected the impact of “business challenges” such as ...
Tags: McDonald, Agriculture
Sales 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
According to the American Institute for International Steel (AIIS), August exports increased 4.1 percent from their July level to total 1.05 million net tons. Exports had fallen 3.3 percent in July, after being nearly unchanged in June and ...
Tags: Steel Exports, Steel
Tesco's UK like for like sales drop 2.4 per cent, while Morrisons sees a 5.6 per cent fall in sales Tesco has revealed that it experienced weak trading over the crucial Christmas period. Britain's biggest supermarket chain announced ...
Tags: Tesco, weak trading, Christmas sales, Morrisons, Marks, Spencer, grocer