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Cavalier Corporation Ltd Issues FY 2013 Profit After Tax Guidance
Cavalier Corporation Ltd announced that for fiscal 2013, it expects normalized earnings to be in the range of $6-$10 million profit after tax.
Derevoobrabatyvayushchiy kombinat Krasnyi Oktyabr' OAO Appoints Auditor-SKRIN
SKRIN reported that Derevoobrabatyvayushchiy kombinat Krasnyi Oktyabr' OAO has appointed ANT-Audit ZAO as its auditor.
Dixie Group Inc Announces Negotiations To Acquire Robertex
Dixie Group Inc announced that it is in negotiations to acquire Robertex Associates, Inc. from Bob Rothman. Dixie`s intention is to purchase Robertex and retain Mr. Rothman`s services under a five-year contract. The acquisition would allow Dixie to enhance its position in the wool markets with the addition of the Robertex and Carousel product lines. Dixie and Mr. Rothman hope to close by the end of the month. Terms of the transaction were not disclosed.
Culp Inc Increase In Quarterly Cash Dividend
Culp Inc announced that its Board of Directors has approved a 33% increase in payment of a quarterly cash dividend from $0.03 to $0.04 per share, commencing the first quarter of fiscal 2014. The dividend will be paid on July 15, 2013, to shareholders of record as of the close of business on July 1, 2013.
Culp Inc Issues Q1 2014 Guidance In Line With Analysts' Estimates
Culp Inc announced that for the first quarter of 2014, it expects overall sales to be in the range of three percent lower to two percent higher, compared with the previous year's first quarter and Pre-tax income to be in the range of $4.9 million to $5.6 million. The Company reported revenue of $69.18 million in first quarter of 2013. According to I/B/E/S Estimates, analysts are expecting the Company to report revenue of $69.3 million and pre-tax income of $5.6 million for the first quarter of 2014.
Svedbergs i Dalstorp AB Closes Facility in Hallaback Resulting in 10 Redundancies
Svedbergs i Dalstorp AB announced that the Company has decided to move the assembly of its hydro-massage bathtubs to the Company's main production facility in Dalstorp and to close the facility in Hallaback outside Gislaved. The change is expected to result in savings of SEK 3 million and will include 10 redundancies.
Borneo International Furniture Co Ltd Applies for Initiation of Corporate Turnaround Process
Borneo International Furniture Co Ltd announced that it has applied for the initiation of the Company's turnaround process with Seoul Central District Court, to normalize its business, on June 10, 2013.
Markets
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Sector Summary
| Energy |  -0.92% |
| Basic Materials | -0.83% |
| Industrials | -1.10% |
| Cyclical Goods & Services | -0.83% |
| Non-Cyclical Goods & Services | -1.15% |
| Financials | -1.14% |
| Healthcare | -1.30% |
| Technology | -0.94% |
| Telecoms | -1.65% |
| Utilities | -1.73% |
| DOW | 15,112.19 | -206.04 |
-1.35% |
| S&P 500 | 1,628.93 | -22.88 |
-1.39% |
| NASDAQ | 3,443.20 | -38.98 |
-1.12% |
| TR US Index | 147.76 | -2.04 |
-1.36% |
+22.42Analyst Research
| Report Title | Price |
|---|---|
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Provider: Pechala's Reports
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$10.00
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Provider: GlobalData
|
$125.00
|
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Provider: SIAS Research Pte Ltd.
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$100.00
|
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Provider: Reuters Investment Profile
|
$20.00
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Provider: Wright Reports
|
$35.00
|
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