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Lower Net Earnings Are Reported by CMC for Fiscal Q1
Jan 9, 2014Commercial Metals Company (CMC) announced Tuesday financial results for its first quarter ended November 30, 2013.? Net earnings for the first quarter were $45.9 million, or $0.39 per diluted share, on net sales of $1.7 billion.? This ...
Tags: Steel, Steel News, CMC
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EPS Surges From Continuing up 37% to 86 Cents at Nike in Q1 Fy'14
Sep 29, 2013NIKE, Inc. reported financial results for its fiscal 2014 first quarter ended August 31, 2013. Strong demand for NIKE, Inc. brands propelled revenue growth, and diluted earnings per share grew faster than revenue due to gross margin ...
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Asia Packaging Group Has Reported Revenues of $47m for The Year Ended 31 March 2013
Aug 2, 2013Packaging products manufacturer in China Asia Packaging Group has reported revenues of $47m for the year ended 31 March 2013, representing 10% rise over the corresponding fiscal. During the period, the company's net income increased 36.3% ...
Tags: Asia Packaging, Packaging
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Oracle Introduce a New Generation of Its Exalytics Appliance for High-Speed Data Analysis
Jul 18, 2013Oracle is introducing a new generation of its Exalytics appliance for high-speed data analysis that comes with a slightly higher price tag but major increases in memory and storage capacity. Exalytics In-Memory Machine X3-4, which was ...
Tags: UPS Memory, Computer Products, software
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Sol Voltaics AB Has Unveiled Solink
Apr 11, 2013Sol Voltaics AB of Ideon Science Park, Lund, Sweden has unveiled SolInk, a nanomaterial that promises to boost the efficiency of crystalline silicon or thin-film solar modules by up to 25%, leading to solar power plants and rooftop solar ...
Tags: crystalline silicon, solar modules
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B&G Foods Has Recorded an Increase in Full-Year Profits
Feb 19, 2013US firm B&G Foods has recorded an increase in full-year profits, boosted by acquisitions and price increases in 2012. Earnings in the 12 months ended 29 December amounted to US$59.3m, a 17.9% increase on the prior year period. Operating ...
Tags: B&G Foods, full-year profits, acquisitions
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RS.365mn in Net Profit for The Quarter Ended 31st December 2012(3Q FY2012/13),Growing 95%
Feb 17, 2013Textured Jersey Lanka PLC (TJL), Sri Lanka's leading provider of knit fabric to major global brands such as Victoria's Secret, Marks & Spencer, Intimissimi and Decathlon, reported Rs. 365mn in net profit for the quarter ended 31st December ...
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Michael Dell Has Teamed up with Investment Firm Silver Lake to Buy Computer Maker Dell
Feb 7, 2013Following weeks of speculation, Michael Dell has teamed up with investment firm Silver Lake to buy computer maker Dell, in a deal valued at around $24.4 billion. Following the transaction, Michael Dell will continue on as CEO and chairman ...
Tags: Michael Dell, computer, Microsoft
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Michael DELL Has Teamed up with Investment Firm Silver Lake to Buy DELL
Feb 5, 2013Michael Dell has teamed up with investment firm Silver Lake to buy computer maker Dell, the company he founded as a 19-year-old in 1984, in a deal valued at about $24.4 billion. After the transaction closes, Michael Dell will continue as ...
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Swiss Chocolate Maker Barry Callebaut Has Acquired ASM Foods in Sweden
Jan 21, 2013Swiss chocolate maker Barry Callebaut has acquired ASM Foods in Sweden from Danish confectioner Carletti. The deal includes transfer of a speciality plant that produces compound chocolate products. Barry Callebaut will also take over ...
Tags: chocolate maker, Barry Callebaut, ASM Foods
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DELL Could See It Taken Over by Private Equity
Jan 16, 2013Dell, the world's third-biggest PC vendor, is in talks that could see it taken over by private equity, according to reports. However, discussions with TPG Capital and Silver Lake are currently at a preliminary stage and financing has ...
Tags: Dell, PC, takeover, private equity
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Have You Noticed That It's Just Not Cool to Be in The PC Business These Days?
Dec 25, 2012Have you noticed that it's just not cool to be in the PC business these days? Granted, it's been no secret that the PC industry has been taking it on the chin for more than a year. With a down economy and people excited about new, smaller ...
Tags: PC business, PC industry, Dell, tablets, smartphones
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DELL Has Tapped a Former Hewlett-Packard Executive to Run Its Server
Dec 19, 2012Dell has tapped a former Hewlett-Packard executive to run its server, networking and storage division, an important area for Dell as it tries to expand its data center business and reduce its dependence on PCs. Marius Haas was head of ...
Tags: Dell, executive, networking and storage division, profit, PCs
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ABB Is Repositioning The Business "to Secure Higher and More Consistent Profitability"
Dec 14, 2012December 14, 2012 - Following its strategic review of the Power Systems division, ABB says it is repositioning the business "to secure higher and more consistent profitability". "We've made substantial investments recently to increase ...
Tags: Joe Hogan, ABB, power systems, EPC
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Ralcorp Holdings Agreed to a Takeover Bid From ConAgra Foods
Dec 11, 2012US own-label group Ralcorp Holdings, which today (27 November) agreed to a takeover bid from ConAgra Foods, returned to profit in its fiscal 2012 year, boosted by acquisitions made during the year. In the 12 months to the end of ...
Tags: Foods, Foods industry, profit, operating profit
