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Columbus McKinnon sales, profits drop in 4Q
2015-05-28 18:13:33| Industrial Machines - Topix.net
Company CEO Timothy Tevens said sales started off slow in the quarter but ramped up, with especially encouraging growth in Germany. Profits for the manufacturer , which is headquartered in Amherst but has operations around the world, were affected by European factory consolidations and the cost of an acquisition announced in January.
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Pending US home sales jump to strongest level in 9 years
2015-05-28 17:06:40| Real Estate - Topix.net
Americans signed contracts to buy homes in April at the fastest pace in nearly nine years, evidence that steady job growth is strengthening the real estate market. The National Association of Realtors said Thursday that its seasonally adjusted pending home sales index climbed 3.4 percent to 112.4 last month.
Pending US home sales jump to strongest level in 9 years
2015-05-28 17:06:39| Real Estate - Topix.net
" Americans signed contracts to buy homes in April at the fastest pace in nearly nine years, evidence that steady job growth is strengthening the real estate market. The National Association of Realtors said Thursday that its seasonally adjusted pending home sales index climbed 3.4 percent to 112.4 last month.
Abercrombie posts bigger loss, but expects sales to improve
2015-05-28 17:06:36| Apparel - Topix.net
Abercrombie & Fitch, which is the midst of overhauling its racy image, said it expects sales to improve in the next year. Abercrombie & Fitch began to shake up its image earlier this year to reverse falling sales.
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Abercrombie Sales Plummet 14 Percent
2015-05-28 16:10:07| Apparel - Topix.net
Teen apparel retailer Abercrombie & Fitch Co reported a 14 percent fall in quarterly sales due to weak demand, a strong dollar, and higher discounts. The company's net loss widened to $63.2 million, or 91 cents per share, in the first quarter ended May 2, from $23.7 million, or 32 cents per share, a year earlier.
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