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Auto sales plummet in Brazil

2015-06-13 20:06:57| Auto Dealers - Topix.net

" Plummeting auto sales in Brazil have battered an industry that is a key part of the nation's economy and has led tens of thousands of workers to be laid off or forced to take mandatory leave. At least 6,000 workers in auto factories have been laid off since January, officials say, and another 20,000 have put on furlough.

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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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Hampton Roads coal exports plummet

2015-05-11 15:36:36| Railroads - Topix.net

For the first time in nearly four month, coal exports from a number of Hampton Roads terminals -- including Kinder Morgan's Pier IX and Dominion Terminal Associates in Newport News -- have dropped, according to a Virginian-Pilot report. The port's three large coal terminals, which also includes Norfolk Southern Corp.'s Pier 6 terminal at Lambert Point, exported 11 million tons from January through April, according to Norfolk-based shipping agent T. Parker Host.

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AMSC shares plummet after Chinese court setback, new offering

2015-04-24 21:28:57| Electronics - Topix.net

Shares of energy technology company AMSC were down 30 percent Friday after the company announced a public offering of 4 million shares and that it suffered a setback in an intellectual property case against Beijing-based Sinovel in a Chinese court.

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Tesco has "nightmare" year as profits plummet

2015-04-22 12:06:00| Daily apparel & textile news and comment - from just-style.com

UK retail giant Tesco has published what analysts have described as "a nightmare year" after it revealed a significant reduction in UK trading profit, the worst result in its 96-year history.

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