China's industrial profits showed positive changes in August thanks to policy-level efforts to reduce waste and also to a low base of comparison. But economists hastened to add that uneven growth is seen across sectors, and the country ...
British casual wear brand Crew Clothing has launched a store expansion programme after reporting a 12 per cent rise in sales last year, according to media reports. Sales grew by £6.5 million ($10 million) for the year ending 26 ...
Tags: Crew Clothing, casual wear
Shares of the world's largest software company, Microsoft Corp, as sluggish personal computer sales dampened demand for Windows software and the company struggled with the impact of the strong U.S. dollar, which have surged to 14 year highs ...
Tags: Microsoft Corp, Windows software
The biggest textile machinery manufacturer in India – Lakshmi Machine Works Ltd (LMW) posted a massive 91% year-on-year bottom line leap in the first fiscal quarter ending June 30, 2104 (Q1FY15). In the same fiscal quarter, diluted ...
Tags: Textile, Bottom Line Leaps
China's rare earth industry suffered a sharp drop in profits in 2013 despite modest revenue growth, a report said. Industry revenue was close to 77 billion yuan (12.6 billion US dollars) last year, up 7.9 percent, but profits fell 28.1 ...
Tags: Rare Earth, Mineral
MINNEAPOLIS—Mattress manufacturer and retailer Select Comfort said its fourth-quarter sales rose 4.7%,but profits fell almost 50%due largely to higher sales and marketing expenses. The company,which makes the Sleep Number ...
Tags: MINNEAPOLIS, Mattress, bed
Hyundai Motor Company, the fastest-growing automaker by brand, today announced its 2013 full-year earnings results. The company's revenue rose on increased sales from its overseas markets, while profits fell slightly due to production ...
UK retailer Debenhams has asked its suppliers for a 2.5% discount on stock as a "contribution" to help fund its growth. In a letter dated 16 December, the high street retailer told suppliers the contribution would be applied to all orders ...
Tags: Debenhams, high street retailer, suppliers
Approximately one year after the company landed FDA approval for its Ventricular Assist System, the company is boasting significant surge in revenue. In early morning trading on November 7, the company's shares increased by 15%. In total, ...
Profits fell for Boparan Holdings, holding company for 2 Sisters Food Group, in the past financial year, dented by the integration of Vion's meat processing plants. Boparan: 'trading conditions have been very tough' Reporting on results ...
Tags: Agriculture, Food, Meat
Tesco’s pre-tax profits in the six months to 24 August were £1.39bn, with UK trading profit up 1.5% to £1.13bn. UK like-for-like sales – which strip out the impact of new stores – fell by 0.5%. ...
Tags: Tesco, fresh pork
Morrisons' half-year results delivered another disappointing read, concluded Shore Capital, which nevertheless upgraded its share advice from 'sell' to 'hold'. Morrsions' half-year results divided City opinion Analysts Darren Shirley ...
Tags: Agriculture, Food
Austria-based voestalpine released its financial result for the first quarter of the fiscal year 2013/14 (during April 1st, 2012 and March 31st, 2014). In the first quarter of the fiscal year 2013/14, voestalpine realized sales incomes of ...
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"China's rare earth ore exports have been rebounding monthly since February,"said Ma Rongzhang, secretary-general of the China Rare Earth Industry Association. But Ma and the association did not provide export figures for the first half. ...
Tags: Rare Earths
Hewlett-Packard reported a 32% drop in profit for its second fiscal quarter, due partly to slower sales of PCs and servers. HP's revenue for the quarter, ended April 30, was $27.6 billion, down 10% from the same period last year, the ...