Hewlett-Packard's CEO has dismissed persistent rumors that the company might break itself up in a move that could create more value for shareholders. "We have no plans to break up the company. I feel quite strongly that we are better and ...
Semi-conductor giant Intel has invested about $6.5m (£4.1m) in software-defined networking (SDN) firm Big Switch Networks, as it looks to diversify its portfolio away from PCs and servers. The investment by Intel comes in Big ...
Tags: Semi-conductor, Intel, networking
STANLEYTOWN, Va. — Stanley Furniture reported a net loss of $3.01 million in the fourth quarter as sales slid 5%. The company blamed the sales decline on soft retail demand and a decline in sales of its Young America youth furniture ...
Tags: Stanley Furniture, Sales Decline, Furniture
Bosses at the site in Perrywood, Worcester, are in talks with its 116 staff and have recently begun a 90-day consultation process. Sales decline The site, which is one of four the firm run in the UK, produces two piece and three piece ...
Tags: food packaging, food packaging sector, packaging industry
Greencore reported a "satisfactory" start to the year today (29 January) as acquisitions in the US offset flat UK revenues. In a trading statement released ahead of its AGM, Greencore said that sales of at its convenience food business ...
Tags: Greencore, US offset flat, UK revenues
Toyota Motor Corporation has regained its title as the world’s leading car maker in 2012, outselling key rivals General Motors and Volkswagen Group in what was a record year for the Japanese manufacturer. Bloomberg reports Toyota ...
Tags: Toyota, leading car maker, 2012
Delta Apparel, Inc. reported revenues for its fiscal 2013 second quarter and first six months ended December 29, 2012. Net sales for the fiscal 2013 second quarter were $106.8 million, a 1.2 % increase over 2012 second quarter sales of ...
Tags: Apparel profits, Apparel, cotton
Microsoft reported a drop in profit for the second quarter of its fiscal year, though revenue increased, thanks partly to a 24 percent jump in sales from its Windows division. Microsoft's revenue increased 2.7 percent to US$21.46 billion ...
Tags: Microsoft, profit drop, Windows division
Dell is said to be close to being bought out for about $24bn (£15.1bn) as the crisis amid PC makers takes its toll on one of the world's largest technology firms. The company, which has switched its focus from producing PCs to ...
Tags: Dell, PC, IT service
Chinese firm Lenovo has overtaken Acer in the volume of EMEA PC sales made by quarter, to become the second biggest PC maker in the region, behind HP. According to figures for the fourth quarter of 2012 from analysts IDC, a sustained ...
Tags: Lenovo, Acer, EMEA PC sales, company news
Intel's sales and profits have slumped as the world's biggest computer chip manufacturer feels the impact of a decline in PC sales. The company's fourth quarter report shows year-on-year net income fell 27 per cent to $2.5bn, ...
Tags: Intel, computer chip, PC sales
Not immune to sluggish sales, Apple sold about the same number of Macs in 2012's fourth quarter as it did during the year-earlier period, research firm IDC has estimated. IDC projected Mac sales in the U.S. last quarter at 2.03 million, ...
Tags: Apple, Macs, sales, company news
Computerworld - The holiday slump in PC sales -- down 11% compared to 2011 -- means that PC makers must raise prices, not continue a race to the bottom, an analyst argued today. Windows 8 failed to turn around slumping PC sales during the ...
PTI reported that two and three wheeler manufacturer TVS Motor Company witnessed a marginal decline in sales of 8.33%at 1,56,221 units in December 2012. A company statement said that the Chennai based company sold 1,70,428 units during ...
The head of the Federal Chamber of Automotive Industries (FCAI), Tony Weber, has criticised the general media for its reporting on the local industry, claiming that local manufacturing is competitive by today’s standards. ...
Tags: Federal Chamber of Automotive Industries, overall new-car sales