HP has appointed Mike Nefkens as Executive Vice President of HP Enterprise Services, it announced today. Nefkens, who has held the title of EMEA GM for HP Enterprise Services for the last three years, will now be responsible for driving ...
Tags: EMEA, enterprise services, executive vp, gm, highlightedpost, HP
In what has been described as "the biggest management shakeup at Apple since the Steve Jobs putsch that eliminated Gil Amelio in 1997″ Apple's CEO Tim Cook is said to have fired Scott Forstall, described as an unpopular face at Apple, ...
Unless Hewlett-Packard gets its act together quickly, Lenovo will soon become the world's number one PC maker. If that happens, it's going to create a moment of national angst. Headlines would declare: Chinese firm becomes world's top ...
Tags: HP, Bad Quarter, America, PCs
The Boise-based computer chip maker Micron Technology Inc. is scaling back on its plans to develop energy-efficient lighting technology, leading to the layoff of at least 30 workers. Micron spokesman Dan Francisco confirmed the decision ...
Tags: LED light, North America Micron
Layi is a love-focused folksong form popular in Amdo Tibetan areas like Qinghai, Gansu and Sichuan. It is distributed around areas surrounding the Qinghai Lake and the Yellow River Valley (Hainan and Huangnan Prefectures). Layi is born out ...
Tags: Layi, folksong form, love-focused folksong
Dell announces Quest Software acquisition… finally Dell has entered into a definitive agreement to buy desktop virtualisation-related vendor Quest Software for $2.36bn (pound 1.51bn). Under terms of the agreement, Dell Inc. will ...
Tags: Dell, Quest Software, acquisition
ET reported that the Bombay High Court has asked billionaire Mr Anil Agarwal controlled Vedanta Aluminum to deposit a security amount of INR 187 crore with the court till the arbitration proceedings reach a definitive conclusion based on a ...
Tags: Bombay High Court, Vedanta Aluminium, INR 187 Crore, Mineral
Canam Group Inc announced that it recently added close to USD 55 million in contracts to its backlog of orders for various building, structural steel and bridge projects. Bridges in Wisconsin and Massachusetts Structal-Bridges concluded ...
Tags: Canam Group Inc, backlog, structural steel, bridge project
December 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
Global consumer packaging group Rexam has concluded the previously announced sale of its High Barrier food container business to a Silgan Holdings’ subsidiary for $250m. The food container business of Rexam provides thermoformed ...
Tags: Rexam, packaging, food container
PPR posted third-quarter 2012 revenue of €2.6 billion, up 6.6% versus the same 2011 period on a comparable basis. PPR's Luxury division posted an 11.9% leap in revenue in the third quarter of the year, driving revenue growth for the ...
Tags: revenue, strong performances, luxury and high-end market
PepsiCo has booked a drop in first-quarter profits as restructuring costs weighed on earnings. Net profit in the three months to the end of March slid 1% to $1.13bn in the period, PepsiCo reported today (26 April). Reported EPS in the ...
Tags: PepsiCo, drop, first-quarter profits, restructuring costs, earnings
Volkswagen Passenger Cars has reported a 11.5% increase in its deliveries to 504,800 units in November 2012, compared to 453,000 units for the same period in 2011. From January to November 2012, the company's deliveries rose 11.2% to 5.22 ...
Tags: Volkswagen, Passenger Cars, vehicles, Cars
One of the UK’s largest own-label cake and pastry manufacturers has been snapped up by a private equity firm in GBP 23.5M management buy-in deal (MBI). McCambridge's cake division bakes one in 10 of every retail pre-packed ...
Tags: cake, pastry, private equity, McCambridge
McCain Foods has signed a deal to buy the potato division of Belgian vegetable supplier PinguinLutosa. The deal, announced today (19 October), is based on an enterprise value of the division of EUR225m (US$293.2m). It encompasses ...
Tags: McCain Foods, potato division, PinguinLutosa, vegetable