Motorola Mobility is cutting 4,000 employees as the company shifts its emphasis from feature phones to focus on high-end devices, the company said late Sunday. About two-thirds of the staff reduction is set to occur outside the U.S., the ...
Tags: Motorola Mobility, employees, feature phones, high end devices
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 ...
JD Sports Fashion Plc, the leading retailer and distributor of branded sportswear, fashionwear and outdoor clothing and equipment, announces it's Interim Results for the 26 weeks ended 28 July 2012. Highlights Continued robust ...
Tags: JD Sports Fashion Plc, sportswear, fashionwear, outdoor clothing
Philips reports third-quarter comparable sales growth of 5% to EUR 6.1 billion; EBITA of EUR 450 million • Comparable sales up 5%, with all three sectors contributing to growth • Sales in growth geographies up 10% on a ...
Tags: LED, Philips, Q3 financials, healthcare
Glass segment sales from 2012 fell$11 million from the year prior to$262 million,according to PPG Industries'third-quarter report.Lower pricing and a negative foreign currency translation counterbalanced rising flat glass volumes.Segment ...
Tags: glass segment sales, flat glass, PPG
Hain Celestial has posted "record" full-year financial results on a significant day in the US company's recent history. The company booked a 44% leap in annual net income for the year to the end of June. Operating profit increased 36.3%. ...
Tags: Hain Celestial, financial result, food company, food industry
Applied Materials,the No.1 supplier of semiconductor manufacturing equipment,is to cut 900 to 1,300 jobs representing 6%-9%of its workforce via a voluntary retirement and other programmes. The cuts come in a weak year for semiconductor ...
Tags: Applied Materials, semiconductor, retirement, No.1
Both firms will co-operate in developing next-generation displays for mobile phones and tablet computers US based chipmaker Qualcomm will invest about JPY9.9bn ($121m) in the struggling Japanese electronics firm Sharp which could be used ...
Tags: displays, mobile phones, tablet computers, Qualcomm
Belgium-based Ter Beke has reported a sharp drop in half-year profits, due to higher raw material costs and one-off charges. For the six months to the end of June, the meat and ready meals group said net profit sank by 31% on the same ...
Tags: Net sales, EBITDA, net profit
Chiquita Brands International has said its third-quarter net loss more than doubled amid falling sales and restructuring charges. The company said net losses rose to US$67m, up from $29m last year. Sales dropped to $714m, down from $723m ...
Tags: net loss, banana and salads businesses, profit decline
Associated British Foods today (10 September) revealed it had taken an impairment charge of A$150m (US$155m) on its Australian meat business as it battles "difficult" trading conditions in the market. The UK-listed group announced the ...
Tags: Australia, ABF, impairment charge, meat business
US food group Campbell Soup Co. has recorded a drop in first-quarter earnings as costs related to its acquisition of Bolthouse Farms hit profits. In the three months to 28 October, net earnings amounted to US$265m, an 8% drop on last ...
Tags: Campbell Soup Co., Q1, Earnings
Schnitzer Steel Industries Inc announced its market outlook for its first quarter of fiscal 2013. During the first half of the quarter, both export and domestic sales prices for ferrous metals dropped approximately USD 50 per ton from ...
Tags: Schnitzer Steel, ferrous, auto parts
Broder Bros. Co. announced its third quarter results for its quarter ended September 29, 2012. Third Quarter 2012 Results Compared to Third Quarter 2011 Results Third quarter 2012 net sales were $205.1 million compared to $220.5 ...
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Albany International Corp., a global advanced textiles and materials processing company with core businesses in machine clothing and engineered composites, reported Q3 2012 income from continuing operations of $9.1 million ($0.29 per ...