Adidas Group reported a narrower loss in the fourth quarter as gross margins expanded and currency-neutral sales jumped 12 percent, driven by accelerated momentum at both Adidas and Reebok. On a currency-neutral basis, sales grew 16 percent ...
Tags: Adidas Group, Reebok
Earnings per share on a non-GAAP basis surged 23 per cent at apparel marketer PVH Corp which has brands like Calvin Klein and Tommy Hilfiger in its portfolio for the fourth quarter ended December 31, 2014. PVH said its fourth quarter ...
Tags: PVH Corp, Heritage brands business, Apparel
Taiwanese PC maker Acer reported a net loss in last year's fourth quarter, weighed down by a US$120 million write-off related to its Gateway, eMachines and Packard Bell product brands. Acer said on Tuesday its fourth quarter loss reached ...
Tags: Acer, Computer Products
Taiwanese PC maker Acer reported a net loss in last year’s fourth quarter, weighed down by a US$120 million write-off related to its Gateway, eMachines and Packard Bell product brands. Acer said on Tuesday its fourth quarter loss ...
Alcatel-Lucent on Friday announced that its board of directors had appointed Michael Combes as the firm’s new CEO, following Ben Verwaayen’s resignation from the top job earlier this month. Combes’ appointment will be ...
Tags: Alcatel-Lucent, company news, Michael Combes
Alcatel-Lucent reported a fourth-quarter loss of $1.81 billion and revenue declined by 1.3%, and that it has started hunting for a new CEO. Current CEO Ben Verwaayen will step down as soon as a replacement is found, and will not seek ...
US food giant ConAgra Foods has reported a fourth-quarter loss of US$86m after changes to the way its accounts for its pension costs. The company said today (21 June) its new method of accounting for pensions hit its bottom line in the 13 ...
Shares in Kettle Chips owner Diamond Foods tumbled today(10 December),the first day of trading after the US snack group reported a fourth-quarter loss. Diamond's stock was down almost 9%today after the company booked a loss of US$32.9m ...
Tags: Diamond Foods, stock, financial results, loss
VANCOUVER, BC - Canfor said it has completed the acquisition of the Tembec Industries Ltd. 's southern British Columbia interior wood products assets. The $60 million deal, first announced Nov. 28, 2011, includes Tembec's Elko and Canal ...
Tags: market view, lumber
Vancouver-based West Fraser Timber -- North America's largest softwood lumber producer -- posted a fourth-quarter loss of $10.6 million, or 25 cents a share from operations hurt by weak lumber and pulp prices in October-December. It earned ...
Tags: market view, lumber, price
Siemens' renewable energy division has reported a fourth-quarter loss, after writing off €231m (£197m) in its solar power business. The German engineering giant today reported its fourth-quarter results for 2011, revealing its ...
Tags: Market View, solar