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Financials
Business headlines
Apogee ups share repurchase authorization, declares dividends
Officials from Apogee Enterprises Inc., Minneapolis, increased share repurchase authorization by 750,000 shares to 2,250,000 shares, according to a Jan. 24 announcement … read more
Australia’s Flat Glass Industries set to grow
Officials from Australia’s Flat Glass Industries say they aim to expand the company by partially taking over the land and buildings occupied by Burnbridge Glass, also of Australia, according to a Jan. 21 announcement. The company will install a new glass tempering line Burnbridge Glass and increase production at the company’s Moorebank location … read more
Profits down for Asahi India Glass
Consolidated net profits were down 40 percent for Asahi India Glass in the first three quarter ending Dec. 31, according to the company’s Jan. 22 third-quarter financial report. Company officials blame the profit drop on rising costs for power and fuel, soda ash and packing material, according to the report … read more
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