Virginia,US:Bassett Furniture's sales rose 1.8 percent to US$67.5 million in its second quarter,ended May 26,2012.The company posted a US$1.6 million operating profit versus an operating loss a year ago. A small part of the ...
Tags: Furniture, Antidumping Duties, Furnishing
But executive chairman Jerry Rawls thinks that communications firms will have to begin adding to their network capacities before long. Datacom versus telecom:Finisar's last eight quarters Finisar,the top-ranked supplier of optical ...
Automated Benefits, a provider of cloud-based claims technology for the insurance industry, has reported revenues of $4.6m for the second quarter of 2012, up 128% from $2m during the comparable period last year. Net loss for the latest ...
Tags: Automated Benefits, Robust Revenues Growth, insurance industry
Sapiens International, which offers insurance solutions, has posted solid revenue of $27.2m, for the second quarter of 2012, up by 91% from $14.3m during the same period earlier year. For the latest quarter period, its operating income ...
Tags: Sapiens International, solid revenue, insurance solutions
GSI Group hit by scientific market slowdown 09 Aug 2012 Sales of fiber lasers from subsidiary JK Lasers triple year-on-year, but scientific orders are delayed. JK Lasers' carbon dioxide laser GSI Group, the owner of well-known ...
Tags: GSI GroupJK Lasers, Lights, Lighting, GSI Group, carbon dioxide laser
Dutch Financial conglomerate ING posted 17.8% fall in underlying net profit for the second quarter of 2012, which was €1.04bn, compared to €1.52bn during the same period last year. The diversified financial startup blamed ...
Tags: Financial conglomerate, ING, net profit
Life insurer Primerica has registered an 18% rise in its second quarter of 2012 net operating income, which summed up to $45.5m, or $0.71 per diluted share, compared to $38.6m, or $0.51, during the same period last year. For the latest ...
Tags: Primerica, operating income, net income
Cree:"LEDs have changed the lighting market"08 Aug 2012 But the LED manufacturer and solid-state lighting company says that more innovation is needed before the residential market takes off. LED lighting pioneer Cree has increased its ...
Tags: Cree, LED, SSL, Ruud Lighting, Lighting Market
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
Laser giant ends June quarter with a record backlog,and will formally release its kilowatt fiber laser by the end of September. Microelectronics order boom Coherent,one of the world's leading laser vendors,says that it now has a record ...
Backlog at Electro Scientific Industries swells to a six-year high on new design wins,prompting 20%stock bounce. ESI stock:up 20%on positive outlook Electro Scientific Industries(ESI),the provider of laser systems used in a variety ...
Tags: ESI, Laser, semiconductor, consumer electronics, LED
Quarterly earnings from some of the biggest tech companies in the world this week were decidedly mixed,but showed some signs of strength,particularly in enterprise IT spending. Tech vendors with exposure to the hardware market have ...
Tags: tech companies, PCs, Intel, smartphone
ASML shares hit record high after'boring'quarter 18 Jul 2012 Steady sales and recent investment by Intel propel the lithography company to its highest-ever value. ASML share price graph:1996-2012 Shares in the market-leading ...
Tags: ASML, stock, semiconductor lithography, equity stake, SEMI
Weak markets and delays mean full-year sales are now expected to be nearly 10%lower than previous estimate. Stock slippage Thermal imaging giant FLIR Systems has issued a profit warning for its fiscal year 2012,blaming weak ...
Tags: FLIR Systems, Profit Warning, Market
But the leading manufacturer of CMOS image sensors still sees a need to diversify outside of consumer applications. Diversification strategy:medical applications OmniVision Technologies has reported a strong sequential increase in ...
Tags: CMOS, image sensor, Californian, OmniVision