But the infrared imaging company increased earnings despite sharp year-over-year contraction in sales. Electrical fault? The CEO of FLIR Systems has described the thermal imaging company's second financial quarter of 2012 as"extremely ...
Tags: FLIR Systems, infrared imaging, profit, cost-saving, Optic
After a fiscal year in which it was hit by slumping metal prices and floods in Thailand, II-VI reports mixed demand trends. The diversified optics and materials company II-VI has reported sales of $534.6 million for its fiscal year ...
For second-quarter 2012, GT Advanced Technologies Inc of Nashua, NH, USA (a provider of polysilicon production technology as well as sapphire and silicon crystalline growth systems and materials for the solar, LED and other specialty ...
Tags: GT, LED, solar, financial report
At the end of October, GT Advanced Technologies Inc of Nashua, NH, USA (a provider of polysilicon production technology as well as sapphire and silicon crystalline growth systems and materials for the solar, LED and other specialty markets) ...
Tags: GT, sapphire furnace, solar, LED
ArcelorMittal has expanded its online presence with the launch of four new websites. www.arcelormittal.com/automotive features information about the company's automotive business unit,detailing how the company supports its global ...
Tags: New Websites, ArcelorMittal, Online
Teleflex Incorporated has entered into a definitive agreement to purchase all the assets of LMA International for SGD343.5m ($276m) in cash. LMA is involved in manufacturing laryngeal masks including LMA laryngeal mask airway and the ...
Tags: transactions, Teleflex, anesthesia product, expansion
The Dai-ichi Life Insurance and Janus Capital have inked a deal, pursuant to which the Japanese insurer will acquire 15-20% stake in Janus, in an open market purchases and potentially through the exercise of conditional options issued to ...
In half-year results published this morning, for the six months to 31 October, the group posted a 62% year-on-year rise in revenue to £1.67bn, while pre-tax profit rose 62.5% to £106.1m. The increase was driven by the ...
Tags: SCA Packaging, plastic packaging, packaging
Kraft Foods has booked an increase in first-half profits, despite recording a fall in sales, thanks to productivity and price gains. In the six months to the end of June, net profit increased 4.2% to US$1.85bn. Operating profit in the ...
Tags: Kraft Foods, first half profits, fall in sales, food price
AMRI will continue to supply an Aminobisamide Hydrochloride (ABA), an intermediate material used in diagnostic imaging agents, to GE Healthcare, under the signed long term supply agreement which extends till 31 December 2016. Under the ...
Singapore agribusiness giant Wilmar International has booked a drop in first-half profits as the group suffered losses in its oilseeds and grains business. In the six months to the end of June, Wilmar recorded a net profit of US$373m, ...
Tags: Wilmar International, first half profits, food industry, food
Global adhesives provider HB Fuller has announced the closure of six manufacturing facilities across the North America Adhesives business segment by mid-2013 as part of its integration of the recently acquired industrial adhesives business ...
Medica has appointed John Naylor as senior vice president for commercial markets to enhance the business segment, effective from 19 November 2012. Naylor will take over the new role from Simeon Schindelman, who has been appointed as chief ...
Prudential Group Insurance, a business of Prudential Financial, has named Andrew Sullivan as the new head of its disability business, with immediate effect. Sullivan, currently spearheading the underwriter's small market business segment, ...
Tags: Prudential Group Insurance, Prudential Financial, Andrew Sullivan
Hub International has named Joseph Hyde as the chief financial officer (CFO) of the firm effective from 15 August 2012, who will report Martin Hughes, chief executive officer. Martin Hughes said, "Given Joe's extensive financial and ...
Tags: Hub International, Joseph Hyde, CFO, insurance, insurance company