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International Paper Reports Third Quarter 2016 Earnings
Nov 17, 2016International Paper reported third quarter 2016 net earnings attributable to International Paper of $312 million ($0.75 per share) compared with net earnings of $40 million ($0.10 per share) in the second quarter of 2016 and net earnings of ...
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PVH Corp Said It Will Close Its Izod Retail Division
Jan 12, 2015Apparel marketer and NYSE listed, PVH Corp said it will close its Izod retail division, with the closing expected to be completed by the end of fiscal 2015. “However, the closure of the retail business is not expected to impact the ...
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The Wet Seal Said It Was Closing 338 Retail Stores or Around 66 Per Cent
Jan 9, 2015Specialty womenswear retailer, The Wet Seal said it was closing 338 retail stores or around 66 per cent of its store count, effective on or about January 7, 2015. The apparel retailer decided to close the stores after assessing its ...
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Ecommerce Sales Accounted for 6.3% of Total Revenue at Dick's Sporting Goods
Aug 21, 2014Ecommerce sales accounted for 6.3% of total revenue at DICK'S Sporting Goods, Inc., the largest U.S. based full-line omni-channel sporting, including apparel goods retailer in the second quarter ended August 2, 2014, up from 5.6% in the ...
Tags: Dick's Sporting, apparel goods
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Eaton Announced That Operating Earnings Per Share Were $0.41 for The Q2 of 2014
Aug 18, 2014Power management company Eaton Corporation plc (NYSE:ETN) today announced that operating earnings per share, which exclude charges of $0.05 per share to integrate recent acquisitions, were $0.41 for the second quarter of 2014. Adjusted ...
Tags: Eaton, Electrical, Electronics
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First Solar Has Reported Full-Year Net Sales of $3.309bn for 2013
Feb 28, 2014First Solar Inc of Tempe, AZ, USA - which makes thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services - has reported full-year net sales of $3.309bn for ...
Tags: photovoltaic modules, Electrical
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J. C. Penney Announced That The Company Will Be Closing 33 Underperforming Stores
Jan 17, 2014J. C. Penney Company, Inc. announced that as part of its turnaround efforts, the Company will be closing 33 underperforming stores across the country in order to focus its resources on the Company's highest potential growth opportunities. ...
Tags: J.C.Penney, Gateway II, Myron E.(Mike)Ullman, Brooklyn, N.Y
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The Kellogg Outlays 4-Year Global Strategy to Amass Savings to Be Invested in Core Areas
Nov 6, 2013The Kellogg Company, a US-based food company, has outlaid a four-year global strategy, Project K, to amass considerable savings to be invested in core business areas of the company. With this project, the cereal maker expects pre-tax ...
Tags: Kellogg, food company
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The Hershey Company Announces Sales and Earnings for The Third Quarter Ended Sept.29,2013
Oct 28, 2013The Hershey Company today announced sales and earnings for the third quarter ended September 29, 2013. Consolidated net sales were $1,853,886,000 compared with $1,746,709,000 for the third quarter of 2012. Reported net income for the ...
Tags: Hershey Company, 2014 Outlook
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First Solar Announced Financial Results for The Quarter and Year Ended December 31, 2012
Feb 28, 2013US-based thin-film solar firm First Solar has announced financial results for the quarter and year ended December 31, 2012. Net sales were a record US$1.1 billion in the fourth quarter, an increase of US$236 million from the third quarter ...
Tags: solar firm, First Solar, financial results
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Spartan Stores Has Booked an Increase in Third-Quarter Earnings
Feb 19, 2013Regional 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
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Delhaize Has Reported a Rise in Sales for 2012 by Charges
Jan 18, 2013International food retailer Delhaize has reported a rise in sales for 2012, but charges and lower profits dampened its performance. Delhaize said in an interim statement today (17 January) that net sales rose by 7.7% in 2012 versus 2011, ...
Tags: food retailer, Food Lion chain, Food, sales
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Citi Expects to Record Pre-Tax Charges of $1bn in The Fourth Quarter of 2012
Dec 24, 2012Citigroup is to lose more than 5,000 IT and operations jobs as part of the banking giant’s axing of 11,000 jobs globally. Some 40% of the jobs being cut in the firm’s Global Consumer Banking arm are to come from IT ...
Tags: Citigroup, technology jobs, operations jobs, banking giant, banking
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Rocktenn Has Announced The Permanent Closure of Its Matane, Quebec Containerboard Mill
Dec 7, 2012Paper and packaging manufacturer in the US, RockTenn has announced the permanent closure of its Matane, Quebec containerboard mill acquired in May 2011. The mill, which was acquired as part of the Smurfit-Stone acquisition, had 176,000t ...
Tags: Quebec Containerboard Mill, Paper and packaging, Smurfit-Stone
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Operations at Garland Plant in Texas, Us Are Stopped by Navistar
Dec 5, 2012US based truck and engine maker Navistar is planning to stop operations at its Garland truck manufacturing facility by the first half of 2013 to reduce costs and optimise its manufacturing footprint. Upon closing the Garland operations, ...
Tags: Navistar, Garland truck, operating costs, certain pre-tax charges