For fourth-quarter 2015, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has reported revenue of $2.45m, more than halving from ...
Tags: Rubicon, Sapphire substrates
Driven by Printwear and Branded Apparel sales, consolidated net sales at clothing retailer Gildan Activewear soared 15.9 per cent year over year in the first fiscal quarter ended April 5, 2015. Consolidated net sales in the first ...
Tags: Gildan Activewear, Printwear, underwear
Armstrong World Industries has decided to exit its European flooring business and cease further funding of its DLW subsidiary effective immediately. As a result of this decision, local DLW management filed for insolvency in Germany. ...
The European Union Chamber of Business in China has released its latest survey, based on 552 European Chamber member companies and produced in partnership with Roland Berger Strategy Consultants. The survey indicates that business ...
Tags: Economy
The Stockmann Group’s revenue amounted to EUR 143.9 million in January 2014. Excluding the terminated Zara franchising operations in Finland, revenue was down 4.3 per cent on the previous year. Retail market continued to be very weak ...
Tags: Fashion Division, Apparel
The European Parquet Industry Federation (FEP) estimates that the slightly downward trend on European parquet markets already observed in the second half of 2012 has also continued in the first few months of 2013. There is so far no ...
Tags: Parquet Industry, FEP
US stocks ended a tumultuous day with strong gains after a false tweet briefly sent financial markets veering, underscoring technology's role in tightly linking global markets. The Dow Jones Industrial Average briefly plunged Tuesday ...
Tags: US Markets, Reel on False
Luxembourg-headquartered global steel giant ArcelorMittal has announced that it will permanently close a number of additional assets in Liege, Belgium, threatening 1,300 jobs, due to a further weakening of the European economy and the ...
Tags: steel giant, steel demand, steel
PPG Industries reported fourth quarter 2012 net sales of $3.6 billion. Net income for the quarter was $227 million, or $1.46 per diluted share, including nonrecurring charges. Adjusted net income for the quarter, excluding the nonrecurring ...
Tags: PPG, fourth quarter, 2012, net sales
Corning Incorporated (NYSE: GLW) Senior Vice President and Corporate Controller Tony Tripeny will update investors at the Credit Suisse Annual Technology Conference in Scottsdale, Ariz., today (3p.m. MST) on the company's fourth-quarter ...
Tags: LCD glass, LCD televisions, consumer electronics devices, LCD TV
Tesco, which looks set to leave the US market, today (5 December) announced improving underlying UK sales as investments appear to be starting to pay off for the UK's largest retailer. UK like-for-like sales, excluding both VAT and ...
Tags: Tesco, US market, like-for-like sales, further weakening