Paul Maritz will step down from his role as CEO of VMware, to be replaced by EMC Chief Operating Officer Pat Gelsinger, EMC confirmed on Tuesday. Maritz will instead become chief strategist of EMC, which is the majority owner of VMware. ...
Tags: Paul Maritz, CEO, VMware, EMC
GT Advanced Technologies (NASDAQ: GTAT) announced its guidance range for the fourth quarter ending December 31, 2012 and provided its preliminary outlook for fiscal year 2013 ending December 31, 2013. For Q4CY12 and CY12 the company ...
Veeco Instruments Inc.(Nasdaq:VECO)announced its financial results for the second quarter ended June 30,2012.Veeco reports its results on a U.S.generally accepted accounting principles("GAAP")basis,and also provides results excluding ...
Tags: Veeco, North America, financial results, Second Quarter
Cree has reported revenue of $315.8 million for the first quarter of fiscal 2013, a 17% revenue increase, and a 26% net income increase, over the first quarter of fiscal 2012. Cree announced its revenue for the first quarter of fiscal ...
NCR Corporation announced a definitive agreement for NCR to acquire Retalix Ltd., a leading global provider of innovative retail software and services, for a cash purchase price of $30.00 per Retalix share, implying a transaction value of ...
Tags: NCR, acquisition, Retalix Ltd., retail software
Avery Dennison Corporation announced preliminary, unaudited third quarter 2012 results. “In the third quarter, we delivered the strongest organic sales growth since first quarter 2011,” said Dean Scarborough, Avery ...
Tags: Avery Dennison, third quarter 2012, financial results, net sales
Select Comfort Corporation reported third-quarter results for the period ended Sept. 29, 2012. Net sales for the quarter increased 24 percent to a third-quarter record of $247 million, compared to $200 million in the third quarter of 2011. ...
PVH Corp.reported 2012 third quarter and year to date results and updated its guidance for the full year. Overview of Third Quarter Results: Earnings per share was$2.34 on a non-GAAP basis,which exceeded the Company's guidance and ...
Tags: earnings, PVH, gross margin
Glassware veteran Corning (NYSE: GLW ) has fallen on hard times lately. Is it time to give up on the stock, or will Corning have a banana and a comeback? The stock has lost 18% of its value in just over a month. The slide was punctuated ...
US retailer Target Corp. has booked a jump in third-quarter profits, which benefited from higher sales and one-off gains. In a filing yesterday (15 November) Target said it had earned US$637m, or $0.96 per share, in the third quarter ...
Tags: jump in profits, retailer, stocks, higher sales
Dick's Sporting Goods Inc.,the largest U.S.-based full-line sporting goods retailer,reported sales and earnings results for the third quarter ended October 27,2012. Third Quarter Results The Company reported consolidated net income for ...
Tags: Dick's Sporting Goods, full-line sporting goods retailer
1. Philips Introduces LED BR30, Says 100w-Equivalent A21 to Ship Dec 1 Philips Lighting has announced a new LED BR30 that dims to a warm 2200K and an LED T8 retrofit tube with an external driver, and said that it will be first to market ...
Veeco Instruments Inc. (Nasdaq: VECO) announced its financial results for the third quarter ended September 30, 2012. Veeco reports its results on a U.S. generally accepted accounting principles ("GAAP") basis, and also provides results ...
Quarterly Revenue increased 17% year-over-year to a record $316 million; Quarterly Net Income increased 26% year-over-year to $16.1 million Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $315.8 ...
Tags: LED lighting
PVH Corp is updating its previous earnings per share guidance for its full year and third quarter 2012. 2012 Guidance: Non-GAAP earnings per share for the full year 2012 is now estimated to be in a range of$6.32 to$6.37,as compared to ...
Tags: PVH, Earnings, Tommy Hilfiger business, Pre-tax costs