Marsh & McLennan Companies has reported a net income of $388m, or $.69 per share for the second quarter of 2013, compared to $329m, or $.59 per share during the corresponding period earlier year. Commenting on the financial result, Marsh ...
Tags: Marsh&McLennan, Insurance
Lextar Electronics Corp. ("Lextar" or the "Company) (TAIEX: 3698) today reported its financial performance for the second quarter of 2013. Lextar recorded consolidated revenue of NT$3.85 billion, up 33.1% over the previous quarter and a ...
Hankook Tire Co. Ltd. has announced that in fiscal 2013 second quarter, the company posted global consolidated quarterly net sales of $1.7 billion (KRW 1.87 trillion), and its operating profit marked $241.8 million (KRW 271.3 billion) with ...
Tags: Hankook Tire
SNPE SA and Picanol Group have signed on 25 July 2013 a binding agreement for the sale by SNPE SA to the Picanol Group of a stake held by SNPE SA in Tessenderlo Chemie NV, representing 27.6% of the share capital of Tessenderlo Chemie NV for ...
Tags: Tessenderlo Chemie, Textile
Growth of LED lighting exceeded expectations, Edison received large orders from mainland China manufacturers, SO it intends to expand capacity with additional capital in the second half of this year, legal representative of Edison forecasts ...
Tags: Lights, Lighting, LED, LED lighting
According to the revenue reports in June each LED plant has announced, due to the impact of slower shipment in mainland China LED backlight market and inventory adjustment, Everlight, Unity Opto and Lextar have suffered decline in revenue ...
Tags: Everlight, Unity Opto
Lite-On Technology held its 2013 annual general meeting on June 19, during which the shareholders approved Lite-On's results in 2012 and distribution of a NT$2.4 dividend per common share. Of that sum, the cash and stock dividend portions ...
Tags: Lite-On Technology, Dividend Policy, LED, Electrical, Electronics
Lite-On Technology (TW 2301) reported on June 6 that its consolidated revenue in May reached NT$16.49 billion and parent company consolidated sales amounted to NT$10.31 billion, an increase of 1% and 4% respectively over last month. All ...
Tags: Lighting, Lite-on Technology
Excellence Optoelectronics Inc (EOI) said that it has actively transferred its development focus to LED automotive lighting in the past three to four years, it has passed the international certifications successively, its revenue in last ...
The Board of Directors of Salvatore Ferragamo S.p.A. parent company of the Salvatore Ferragamo Group, one of the global leaders in the luxury sector, meeting under the chairmanship of Ferruccio Ferragamo, examined and approved the ...
Tags: Luxury Brand, Apparel
Holden has announced a net loss of $152.8 million for the 2012/2013 financial year – the second largest in its history – a result it blames predominantly on reduced demand for its Australian-made vehicles. The local ...
Tags: Holden, Second-Biggest Loss
Consolidated revenue for H1 2012/13 amounted to DKK 2,036 million which, as expected, is 3% lower compared to last financial year. The Group’s gross margin improved by 1.4 percentage points. The operating profit amounted to DKK 160 ...
Tags: Apparel, IC Companys
Diversified insurance conglomerate Liberty Mutual Insurance has appointed Glenn Shapiro as its new executive vice president, commercial insurance, and chief claims officer. Replacing George Neale, Shapiro will also lead a commercial lines ...
Tags: Liberty Mutual Insurance, Commercial Lines Claims Organization
Kazakhstan-based mining group Eurasian Natural Resources Corporation Plc. (ENRC) has announced that in 2012 it registered a net loss of $852 million compared to a net profit of $1.98 billion in the previous year, while its revenue amounted ...
Tags: mining group, mining, ferroalloys
Motorola Mobility is cutting 1,200 jobs, in addition to a reduction of 4,000 jobs it announced in August, to focus on high-end devices. "These cuts are a continuation of the reductions we announced last summer," said Motorola spokeswoman ...
Tags: Motorola Mobility, high-end device, Google