FTR's Shippers Conditions Index (SCI) was still sitting in negative territory in August, but shipping rates, for the time being, are still being held in check. The Index has been dropping slowly all summer, FTR said, "reflecting the ...
Tags: Transportation, Auto Parts, truck
Engineering materials and optoelectronic components provider II-VI Inc of Saxonburg, PA, USA has signed an asset purchase agreement to acquire the optical amplifier and micro-optics business of Oclaro Inc of San Jose, CA, USA (which ...
Tags: Electrical, Electronics
Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has announced its financial results for the second quarter and the first half of the current year according to International Financial Reporting Standards (IFRS). In the ...
Tags: steel producer, Mineral
In its financial results according to international financial reporting standards (IFRS) for the second quarter of the current year, Russian pipemaker TMK saw its net profit decrease by 53 percent compared to the first quarter this year to ...
Tags: Net Profit, Mineral
Ukrainian steel pipe and railway wheel producer Interpipe has announced its financial results for 2012 according to International Financial Reporting Standards (IFRS). In 2012, Interpipe recorded a net loss of $72 million compared to a ...
Tags: steel pipe, railway wheel
Veeco Instruments has characterized a marginally improving market for its MOCVD reactors used in LED manufacturing, along with details of new orders from Sanan Optoelectronics and KaiStar Lighting. Veeco Instruments has released limited ...
Tags: Electrical, Electronics, Lights, Lighting
Fujitsu reported a consolidated net loss of 21.9 billion yen (US$221 million), representing an improvement of 3.5 billion yen compared to the loss posted in the first quarter of fiscal 2012. The operating loss was an improvement over ...
Cargotec strengthens MacGregor portfolio by acquiring Hatlapa Group Wednesday, Jul 17, 2013 Cargotec's MacGregor has entered into an agreement to acquire privately owned Hatlapa Group, merchant ship and offshore deck equipment provider, for ...
Tags: Transportation, Service
At its annual general meeting (AGM), Martin Goetzeler, CEO of deposition equipment maker Aixtron SE of Aachen, Germany since March, set out measures that the firm's executive board intends to implement together with Aixtron's team to return ...
Tags: Aixtron MOCVD, Electrical, Electronics
The TJX Companies, Inc. the leading off-price retailer of apparel and home fashions in the U.S. and worldwide, announced sales and earnings results for the first quarter ended May 4, 2013. Net sales for the first quarter of Fiscal 2014 ...
Tags: TJX Companies, Apparel
Ahlstrom made changes to its financial segment reporting as of January 1, 2013 as the former Filtration business area was divided into two separate segments: Advanced Filtration and Transportation Filtration. In addition, a new reporting ...
Tags: Ahlstrom, Filtration Business, Textile
SAP reported strong growth in cloud subscription and support revenue in the first quarter, even as the company saw a decline in software and cloud subscription revenue in the Asia-Pacific and Japan region. The business software company ...
Tags: Computer Products, software
Indian outsourcer Infosys saw its profit drop even as revenue grew in the first quarter, as margins were hit by staff salary increases, and investments and acquisitions by the company in new technology areas and markets. The ...
Tags: Infosys, Computer Products
Russian steel producer Magnitogorsk Iron and Steel Works (MMK) has announced its financial results for 2012 according to International Financial Reporting Standards (IFRS). In 2012, MMK reported a net loss of $94 million compared to a net ...
Corning Incorporated (NYSE: GLW) announced today an accounting change relating to expense recognition for company-sponsored pension plans. The new method, adopted in the first quarter of 2013, will result in simpler, more transparent ...
Tags: Construction, Corning