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US: Acquisition costs hit Cherokee Q4 profits

2014-04-22 12:47:00| Daily apparel & textile news and comment - from just-style.com

Global brand management business Cherokee has booked a drop in fourth-quarter earnings as costs associated with its Hawk Brands acquisition weighed on profits.

Tags: hit costs acquisition profits

 

Netflix plans price hike to offset content costs

2014-04-22 08:48:00| Telecompaper Headlines

(Telecompaper) Netflix added 4.0 million new customers in the first quarter, slightly more than expected, for a total 48.35 million streaming subscribers at the end of March. Its base rose by 2.25 million in the US to 35.67 million and increased by 1.76 million abroad to 12.68 million. The company passed USD 1 billion in streaming revenue in the quarter, up from USD 781 million a year earlier, and operating profit jumped to USD 98 million from USD 32 million a year ago. Net profit of USD 53 million or 86 cents a share was better than its outlook for stable profits versus Q4. Netflix warned that it expects US subscriber additions to slow in Q2 due to seasonality, while profits and cash flow will come under pressure in the second half from planned further expansion abroad and investments in original content. It plans a price increase of USD 1-2 for new customers in select countries to help offset the additional content costs. The company also announced plans to start launching on provider set-top boxes in the US, starting first with Tivo boxes. 

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Controlling Costs via Alternative Fuels

2014-04-21 18:28:45| AutomotiveDigest.com - Automotive Industry News

As fleets hone in on managing fuel expenses they're looking at a variety of alternative fuels, including CNG, Diesel, Propane, and more. The Article Controlling Costs via Alternative Fuels appeared first on Automotive Digest.

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Kimberly-Clark cuts costs to offset weak sales

2014-04-21 15:39:45| Paper - Topix.net

Kimberly-Clark Corp. Kleenex brand facial tissues sit on display for sale at a supermarket in Princeton, Illinois, U.S. Kimberly-Clark Corp. said its first-quarter earnings rose 1.3% as the consumer-products maker made up for weaker sales with lower product costs.

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Yazoo Mills reduces inline printing costs

2014-04-21 07:00:00| Label and Narrow Web Breaking News

The company now has a total of 14 printers in-house including two-color printing capabilities.

Tags: costs printing reduces mills

 

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