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Pension Funds Expect Near-Term Lift in CRE Performance

2019-07-03 21:16:00| National Real Estate Investor

With no interest rate hikes and a rebounded stock market, expectations for CRE performance improve.

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H&M's online focus helps lift H1 sales

2019-06-27 12:35:00| Daily apparel & textile news and comment - from just-style.com

Swedish fast fashion retailer H&M is to reduce the number of stores it will open this year in favour of making more digital investments, amid a rise in first-half revenue.

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New tariffs could lift US apparel prices by 5%

2019-06-24 14:26:00| Daily apparel & textile news and comment - from just-style.com

The trade association representing US retailers claims American consumers would pay $4.4bn more each year for apparel and $2.5bn more for footwear if the US goes ahead with an additional 25% tariffs on US$300bn worth of Chinese goods.

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Zamora Co posts double-digit sales lift as international efforts prosper

2019-06-20 13:50:00| Daily beverage news and comment - from just-drinks.com

Zamora Co has seen its sales in 2018 increase by 16%, with the Spanish wine and spirits group's headcount also on the up.

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Corning to lift dividends by 10%, distribute USD 8-10 bln to shareholders in 2020-2023

2019-06-14 15:42:00| Telecompaper Headlines

(Telecompaper) Corning has unveiled its Strategy and Capital Allocation Framework for 2020-2023, with new targets for the future. The latest framework follows the one from 2016-2019, which Corning said will be met. CEO Wendell Weeks explained that, by the end of the year, Corning have returned over USD 12.5 billion to shareholders, while investing USD 11 billion towards extending its leadership and delivering growth. For the years to 2023, the company intends to lift dividends per share by at least 10 percent per year and to buy back shares; it will distribute USD 8-10 billion to shareholders and put about 10-12 billion into RD&E (research and development and engineering), capital and mergers, plus acquisitions. The focus will still go towards organic growth.

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