BlackBerry has continued its clear out of top level staff by removing COO, Kristian Tear, and CMO Frank Boulben. Interim CEO, John Chen, who was appointed on November 4 after the ousting of Thorsten Heins, hasn’t hesitated to pull ...
AWE Limited (ASX: AWE), is pleased to announce thatthe sale of a 50% participating interest in the Northwest Natuna PSC, including the 101 millionbarrel (K-Sand) Ande Ande Lumut oil project, to a subsidiary of Santos Limited (ASX: STO) has ...
Tags: Metallurgy, Mineral, Energy
China New Borun Corporation (NYSE: BORN; "Borun" or the "Company"), a leading producer and distributor of corn-based edible alcohol in China, today announced its unaudited financial results for the third quarter ended September 30, 2013. ...
Tags: China New Borun, Food
M/A-COM Technology Solutions Inc of Lowell, MA, USA, which makes semiconductors, components and subassemblies for RF, microwave and millimeter-wave applications, has agreed to acquire Mindspeed Technologies Inc of Newport Beach, CA, USA ...
Tags: M/A-COM Mindspeed, Electrical, Electronics
Fairfax Financial Holdings, the Canadian investment fund leading a takeover of smartphone maker BlackBerry, is to invest $250m in BlackBerry via a $1bn private placement of convertible debenture. The financing move marks the close of ...
Crane Co. reported third quarter 2013 earnings of $0.97 per diluted share, compared to $0.99 in the third quarter of 2012. Third quarter 2013 results included transaction-related costs of $4.1 million, or $0.07 per share, related to the ...
Textured Jersey Lanka PLC (TJL) reported a 68% year-on-year bottom line growth for the quarter ended 30th September 2013 (2Q FY2013/14), continuing on its impressive performance. The company reported a net profit of Rs. 263mn for 2Q ...
Tags: Textured Jersey Lanka, Textile
For third-quarter 2013, deposition equipment maker Aixtron SE of Aachen, Germany has reported revenue of €46.2m, down 26% on €62.2m a year ago but up slightly on €45.3m last quarter. In spite of the lower percentage of ...
Tags: Aixtron MOCVD, Electrical, Electronics
Taiwan-based smartphone vendor HTC on October 23 denied media reports that claimed the company had shuttered some of its production lines, looking to outsource production in order to ease the pressure on its cash flow. In a company filing ...
Tags: Scaling Back Production, HTC
In the third quarter of 2013, the Etam Group posted sales of €290.1 million, including a negative currency impact of €2.2 million mainly related to the depreciation of the yuan against the euro. Sales were down 1.1% compared with ...
Tags: Etam Group, Apparel
PPG Industries reported third quarter 2013 net sales of $4 billion, up 17 percent versus the prior year. Third quarter 2013 reported net income from continuing operations was $220 million, or $1.52 per diluted share, and adjusted net ...
Tags: PPG, Construction, Decoration
ASOS reported financial results for the three months period ending 31 August 2013: Q4 Highlights: -Retail sales +47% year on year (UK +49%, International +47%) -International retail sales 64% of total (65% last year) -Retail gross ...
Tags: Fashion Retailer, Apparel
The Hilton Food Group's half-year results posted today (September 10) received a mixed reception from City analysts. Hilton Food's Australian joint venture with Woolworths would become 'a major profit centre', predicted Panmure Gordon ...
Tags: Agriculture, Food
Nokia's credit rating has been cut even further by ratings agency Moodys, over concerns about the company's cashflow. The company's credit rating now stands at B1, four levels below "investment grade". Further reading Nokia to launch ...
Lite-On Technology reported second quarter 2013 consolidated revenue of NT$50.01 billion, up 7% Q-o-Q. Thanks to a better product mix, operating efficiency and higher scale of profitable products, the gross margin and operating margin in ...