November 07, 2017
Net loss was halved to $2,263,000 against a loss of $5,352,000 kept out of the black by the preferred stock dividend payment, as revenues declined 1% to $243,273,000 from $245,888,000 in the third quarter.
The millions of documents leaked from Appleby, an international law firm that was hacked, to the International Consortium of Investigative Journalists details the tax strategies of many major U.S.-based global firms and found that the Eager Beavertons paid just 2-3% in taxes on their overseas business, thanks to a tax strategy called the Double Irish Dutch Sandwich.
Income to shareholders was off 9% to ¥2,440 million ($21.4 mm) against ¥2,678 million for the second quarter ended Sep. 30 on a 5% sales improvement to ¥65,959 million ($578.1 mm) compared to ¥62,528 million.
Comprehensive net income tripled to ¥1,338.8 million ($12.1 mm) from ¥441.7 million in the fiscal first half ended Sep. 30 boosted by a billion yen swing in foreign exchange on a 3% gain in sales to ¥32,232.9 million ($290.3 mm) from ¥31,330.4 million.
The wool outdoor apparel maker has already laid off more than half its full-time staff of 40 and employees told SNEWS that the bank has taken over the business with the intention of liquidating the remaining assets.
Adidas - Sports & Style gives a personalized experience to consumers, including product recommendations, advice and updates on favorite athletes.
Norco is recalling about 2,800 20- and 24-inch bicycles with Samox SAC30-111NA square taper cranks in 140mm and 152mm lengths because the cranks can bend or break during use.
The CO-based TeamSnap is claiming that the Australia-based Team App has entered the U.S. market offering identical services in managing teams and leagues and trading off of its protected trademark with a confusingly similar name.