Textile News

Cobalt International Energy, Inc. : Citigroup raised its price target on Cobalt citing increased probability of success for its offshore Angola operations.

A divided federal appeals court upheld a $371.2 million award in favor of C.R. Bard Inc in a long-running patent infringement dispute with W.L. Gore & Associates over vascular grafts.

Leading industrial robotics and automation specialist D&R Technology has been involved in growing number of tube processing projects worldwide.

Activision Blizzard Inc. : The largest video-game publisher posted fourth-quarter profit that exceeded analysts' estimates on sales of "Call of Duty." The company's forecast for this quarter fell short of projections.

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Yarn maker Unifi Inc has reported its first quarterly loss in over two years after high raw material prices and weak demand overshadowed higher sales.

W. L. Gore & Associates introduces the next generation of its screw-in GORE Protective Vents for lighting, solar and telecommunication infrastructure applications, with a more rugged, single-body construction that increases protection against mechanical stress.

Johnson Controls Inc. , the automotive seating company with operations in Holland, is hoping a British mattress company will help it makes car seats that are thinner and more comfy.

While some companies have been developing products for as long as 15 years, others are less than a decade old.

Lear 's stock had its "buy" rating reiterated by UBS AG in a research note issued on Friday.

Johnson Controls International has joined with luxury mattress manufacturer Harrison Spinks Ltd to integrate pocketed coil spring developed from mattress technology into an automotive seat concept called ComfortThin.

Chicago, IL February 2, 2012 Zacks.com releases details on a group of stocks that are currently members of the exclusive Zacks #5 Rank List Stocks to Sell Now.

A Highlights include: . A For the full year, global industry production improved by 3% from a year ago to a record 74.8 million vehicles, reflecting the continued industry recovery in "Lear had another strong year of financial performance in 2011.

If the jobs report comes in better than expected, Brian Kelly is going to buy Mohawk Industries, Inc.

Pundits complain that this earnings season has been a bust, but companies that disappointed have actually held up -- or even rallied -- since blowing their quarters.

Rising revenue was not enough for Lear Corporation as the auto parts company saw profit fall in the fourth quarter.

Auto parts maker Lear Corp. said Thursday that its fourth-quarter profit fell 9.1 percent, as higher restructuring costs more than offset a sales increase.

Aaron lost his job at Amthor on Jan. 11 and the Chatham couple in their mid-50s has applied for food-purchase help from SNAP, the Supplemental Nutrition Assistance Program, otherwise known as "food stamps." "You can talk to anybody," Esther said during an interview outside the Pittsylvania County Department of Social Services on Wednesday.

A The Company reported a net loss for the "While I am disappointed we are reporting our first quarterly loss in over two years, I am pleased with our ability to generate cash despite historically high raw material prices and weak demand," said , Chairman and CEO of Unifi.

PerkinElmer, Inc. will unveil its latest earnings on Thursday, February 2, 2012.A The average estimate of analysts is for net income of 51 cents per share, a rise of 15.9% from the company's actual earnings for the same quarter a year ago.