Fiscal 2020 News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Sturm, Ruger & Co. is adding Marlin firearms production during 2021 at its 220,000 square-foot plant at 271 Cardwell Road in Mayodan. News & Record of Greensboro Another sharp increase in demand for firearms, spurred by the COVID-19 pandemic and national political tension boosted Sturm, Ruger & Co. to a nearly fourfold jump in fourth-quarter net income at $31.7 million. Diluted earnings were $1.73 a share, compared with 45 cents a year ago. There were no earnings forecasts from Zacks Investment Research. Ruger released its earnings report after the market closed Wednesday. Fourth-...

British American Tobacco Plc is the parent company of Reynolds American Inc., which employs about 2,500 in Forsyth County. Journal British American Tobacco Plc reported Wednesday slightly exceeding its adjusted revenue growth projection for fiscal 2020 in spite of the COVID-19 pandemic's impact on its global sales. The manufacturer, per British financial custom, issues only first-half and full-year financial reports. BAT is the world’s largest publicly traded tobacco manufacturer. Reynolds American Inc., its largest global subsidiary, has about 2,500 employees in Forsyth Coun...

Hanesbrands Inc.'s decision to take a combined $611 million in write-downs during the fourth quarter contributed to a $332.2 million loss, the company reported Tuesday.