For fiscal third-quarter 2014 (to end-March), LED chip, lamp and lighting maker Cree Inc of Durham, NC, USA has reported revenue of $405.3m, down 2.4% on $415.1m last quarter but up 16% on $348.9m a year ago. Fiscal Q3/2013 Q4/2013 ...
The Adidas Group has appointed Mark King, who had been TaylorMade-Adidas Golf's CEO, as president of Adidas Group North America effective June 1, 2014. King succeeds Patrik Nilsson, who has decided to leave the company for personal reasons ...
Tags: Adidas, Sporting Goods, Recreation
Coca-Cola has signed letters of intent (LoI) with two new bottling partners related to granting of territories in the greater Chicago area, US. The company has signed agreements with J Christopher and M Jude Reyes of Reyes and Troy ...
Tags: Coca-Cola, Bottling Partners
Deyu Agriculture Corp., a Shanxi Province, China-based vertically integrated producer, processor, marketer and distributor of organic and other agricultural products made from corn and grains, today announced its financial results for the ...
Zurich Insurance, a Switzerland-based multi-line insurance provider, is set to restructure its personal lines motor and property claims teams in the UK, a move which will lead to 121 job losses. The development is the latest step in the ...
Tags: Insurance, insurance provider
The QBE North America Claims organization has partnered with Sedgwick Claims Management Services, Inc. (Sedgwick), to be the third party administrator associated with QBE's new claims administration model. Chief Claims Officer for QBE ...
Tags: Service
Transportation Media and Dan Goodwill & Associates hosted the 2013 Surface Transportation Summit today in Mississauga, Ontario, featuring leading carrier, shipper and economist presentations. In a session on Dedicated Transportation, and ...
Tags: Transportation, Transport
AkzoNobel intends to introduce a streamlined management structure and new operating model for its Decorative Paints business in order to accelerate profitable growth in Europe and the high growth markets. The planned changes represent the ...
Tags: AkzoNobel, Deco Business
Nissan may be a Japanese automotive brand now in its 80th year, but the Nissan of today is vastly different and far more diverse than it has ever been. At the Nissan 360 event in Los Angeles, the brand’s global head of product ...
Tags: Japanese Car Company, Nissan
Flowserve Corporation announced its financial results for the 2013 second quarter. In addition, Flowserve also filed its Form 10-Q with the Securities and Exchange Commission for the period ending June 30, 2013. Highlights of 2013 Second ...
Retail has entered a period of rapid change-Omnichannel forces are reshaping consumer behavior and the competitive landscape, the pace of international expansion continues to grow and supply markets face more volatility and regulation. In ...
Boyd Group has announced that has effectively acquired a majority ownership and controlling interest in the retail auto glass business of Glass America, which operates 61 retail auto glass locations across 23 U.S. states under the trade ...
Tags: Boyd Group, Glass Centres
For fiscal third-quarter 2013 (to end-March), optical component, module and subsystem maker Oclaro of San Jose, CA, USA, has reported revenue of $141.6m, down 11% on $159.5m the previous quarter and up 60% on $88.7m a year ago (which was ...
Tags: Oclaro Opnext, Electrical, Electronics
A new survey suggests that large data centers might be less energy efficient than was previously thought. The survey, by data center hosting vendor Digital Realty Trust, quizzed 300 IT decision makers at large corporations in North ...
Tags: Data Center, IT, Computer Products
However, the API Foils Europe managing director Will Oldham conceded that the upgrade would result in job losses at the site. The company, which produces decorative foils for high quality packaging, has been finding success in the premium ...