For second-quarter 2012, Rubicon Technology Inc of Bensenville, IL, USA, which makes monocrystalline sapphire substrates and products for the LED, RFIC, semiconductor and optical industries, has reported revenue of $17m, down 60% on $43m a ...
Canadian seafood processor High Liner Foods saw its in half-year net profit plummet on the back of costs related to the acquisition of Icelandic Group. Net income for the six months of the year ending 30 June slides 80.9% to C$2.8m ...
Tags: seafood, acquisition, frozen seafood, food
UPM’s forest and timber division has recorded €2m second-quarter operating profits excluding special items. The result becomes a loss if special costs of €43m - relating to the restructuring of UPM's sawn timber and further ...
Tags: market view, timber
Driven by the major acquisition of a wastewater pumps business and organic growth, order intake increased significantly by nominal 11% to CHF 2 025 million in the first half of 2012. Adjusted for currency effects as well as acquisitions and ...
Tags: market view, wastewater pump
Higher sales in the UK have led discounter Aldi to outline plans to create more jobs in the country. Aldi said today (31 July) it would create "up to" 3,000 jobs in the next 12 months as it continues its expansion in the UK. The new ...
Tags: Aldi, management level, logistics, sales increased
Fiber laser firm stands to benefit from growing adoption of high-strength steel and aluminum in auto manufacturing. IPG Photonics sales and earnings:past six quarters IPG Photonics has posted record figures for both sales and net ...
Tags: IPG Photonics, Economic, Record Quarter
China remains the most important market worldwide for German companies, according to the “German Business Confidence Survey 2012″ by the Delegations of German Industry and Commerce (AHK) Greater China. German firms expect higher ...
Tags: market view, automotive, mechanical engineering industries
Underlying Sales Growth Remains Solid For the quarter,The Estée Lauder Companies reported net sales of$2.25 billion,a 4%increase compared with$2.17 billion reported in the prior-year quarter.Excluding the impact of foreign ...
Tags: Estee Lauder, net sales, foreign currency, net earnings
Cement demand in Saudi Arabia has been rising on the back of huge government and private sector projects and an expected surge in public expenditure above budgeted levels will further fuel demand growth, National Commercial Bank (NCB) said ...
Tags: industry trends, cement
Duerr AG (DUE), a German maker of auto manufacturing machinery, expects to post higher sales this year than in 2011 and will propose a dividend of 1.20 euros to the supervisory board, Chief Financial Officer Ralph Heuwig told the ...
China rejected a preliminary ruling by a U.S. trade panel that imports of Chinese solar panels are harming the domestic industry, saying the decision shows the country’s “inclination to trade protectionism.” The U.S. ...
Tags: solar
China rejected a preliminary ruling by a U.S. trade panel that imports of Chinese solar panels are harming the domestic industry, saying the decision shows the country’s “inclination to trade protectionism.” The U.S. ...
Tags: Market View, solar
Engel Holding GmbH will have record sales of about 740 million euros ($1 billion) in fiscal year 2011-2012, which will end March 31 of next year, according to Peter Neumann, president and CEO. That would be a 20 percent increase over ...
Tags: machine
The following is the text of Canada's wholesale trade report for September from Statistics Canada. Wholesale sales increased for a fifth consecutive month in September, rising 0.3% to $48.7 billion. Wholesale sales increase in September In ...
Tags: market view, finance
Bottles made of PET are recycled to reuse the material out of which they are made and to reduce the amount of waste going to landfills. In many countries, PET plastics are coded with the resin identification code number "1" inside the ...