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US: Michael Kors Q3 profit soars on rising sales

2013-02-12 14:08:00| Daily apparel & textile news and comment - from just-style.com

US-based luxury clothing brand Michael Kors is lifting its full-year earnings guidance after more than doubling its third-quarter profit on the back of rising sales and new store growth.

Tags: sales michael profit rising

 

Boise Cascade soars after IPO, giving hope to others

2013-02-07 05:25:35| Paper - Topix.net

Los Angeles a Riding a U.S. housing recovery and a booming stock market, Boise Cascade, a maker of plywood and other building materials, jumped 25 percent in its market debut Wednesday.

Tags: others hope giving ipo

 
 

US: Hanesbrands hails debt cut as Q4 profit soars

2013-02-06 13:43:00| Daily apparel & textile news and comment - from just-style.com

Apparel company Hanesbrands ended fiscal 2012 with a near doubling in net profit following a reduction in debt and its exit from under-performing businesses.

Tags: cut profit debt hails

 

Pfizer's animal health unit soars in IPO

2013-02-01 23:29:36| Biotech - Topix.net

Shares of Pfizer's animal health business, Zoetis, surged in their trading debut after the company's IPO raised $2.2 billion - the largest IPO by a U.S. company since Facebook Inc.

Tags: health unit animal ipo

 

Lear 4Q net income soars on tax benefit

2013-02-01 23:10:11| Automakers - Topix.net

Auto parts supplier Lear Corp. said Friday that its fourth-quarter net income surged, boosted by a hefty tax benefit and an uptick in global automotive production.

Tags: net tax benefit income

 

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