The International Trade Administration (ITA) has issued the final results of its antidumping (AD) duty administrative review of stainless steel bar from Germany for the period of March 1, 2003 through February 29, 2004.
Effective August 5, 2004, the International Trade Administration (ITA) is revoking the antidumping (AD) duty order on frozen concentrated orange juice (FCOJ) from Brazil as the International Trade Commission (ITC) has determined that revocation of this AD duty order would not be likely to lead to continuation or recurrence of material injury to an industry in the U.S. within a reasonably foreseeable time.
The International Trade Administration (ITA) has issued its final results of the antidumping (AD) duty administrative review of certain hot-rolled carbon steel flat products from the Netherlands for the period of November 1, 2002 through October 31, 2003.
The Committee for the Implementation of Textile Agreements (CITA) has posted to its web site updated official and preliminary textile and apparel import data for 2005, which now covers the 2005 period from February to April 9th.
The Consumer Product Safety Commission (CPSC) has issued an advance notice of proposed rulemaking (ANPR) to initiate a rulemaking proceeding to determine the risks of injury associated with the mechanical malfunction of cigarette lighters. The CPSC is soliciting comments on certain regulatory alternatives and other possible ways to address these risks and the economic impacts of such alternatives.
Hurt by excess inventory, InFocus’ first-quarter results fell far short of expectations, the company said. Based on a preliminary review, InFocus said, its operating loss will be $21.4-$23.4 million, or 30-35 cents per share, for the first quarter ended March 31. Excluding restructuring charges, InFocus’ adjusted operating loss for the period will be $17-$19 million, or 19-24 cents per share, the company said. Analysts had projected a 4 cents quarterly loss, Thomson Financial said. InFocus forecast its quarterly revenue at $136-$138 million, below a previous forecast of $150-$160 million. The average analyst estimate was $152.5 million. A year ago, InFocus posted a loss of 10 cents per share and took in $145 million in revenue. The company projects a 7-8% gross margin, compared with expectations of 16-18%. Gross margins suffered amid write-downs for remanufactured product inventories, service spare parts and slow-moving finished goods, InFocus said. “The level of excess inventory available across the industry further exacerbated the competitive pricing environment, resulting in lower revenues and gross margins for us across all 3 of our geographic regions,” InFocus CEO Kyle Ranson said.
The International Trade Administration (ITA) frequently issues notices on antidumping (AD) and countervailing (CV) duty orders which Broker Power considers to be "minor" in importance as they concern actions that occur after an order is issued and neither announce nor cause any changes to an order's duty rates, scope, affected firms, or effective period.
The Fla. PSC gave preliminary approval to AT&T’s acquisition by SBC. The PSC (Case 050164-TC) said its analysis showed the public’s interest in efficient, reliable telecom service would be served by the SBC-AT&T merger. Tentative PSC approval becomes final April 28 unless someone petitions for formal hearings by then.
The International Trade Administration (ITA) has issued a notice stating that it is preliminarily rescinding the antidumping (AD) duty administrative review of stainless steel bar from Italy covering the period of March 1, 2003 through February 29, 2004 because the only producer/exporter subject to the review, UGITECH S.A. (UGITECH), was preliminarily found to have made no shipments of subject merchandise to the U.S. during the period of review.
The International Trade Administration (ITA) has issued its preliminary results of the following antidumping (AD) and countervailing (CV) duty administrative reviews: