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Klockner & Co Is Selling Eastern European Operations as Part of Restructuring Program

Dec 25, 2012

As announced, Klöckner & Co is selling its entire Eastern European operations as part of its restructuring program. In the first phase of the transaction, activities in the Czech Republic, Bulgaria and Romania, which make up over two ...

Tags: Klöckner and Co, restructuring program, company news

Qualcomm Has Lowered Its Forecast of Global Cellular Device Shipments for 2012

Dec 25, 2012

Qualcomm has lowered its forecast of global cellular device shipments for 2012 due to a gloomy economic outlook, though it expects device sales to surge in the fourth quarter because of upcoming products, a likely reference to Apple's ...

Tags: Qualcomm, lobal cellular device, 2012, Apple, iPhone, Microsoft

Apple Stores in Mainland China Are Using a Reservation System to Launch The New iPad

Dec 25, 2012

Apple stores in mainland China are using a reservation system this time around to launch the company's new iPad, months after its iPhone 4S launch in the country resulted in an irate customer throwing eggs at a Beijing store, while leaving ...

Tags: Apple stores, mainland China, reservation system, new iPad

Oracle Has Extended Support for Oracle Java Development Kit 6 Again

Dec 25, 2012

Looking to give developers even more time to migrate to Java 7, Oracle has extended support for Oracle JDK (Java Development Kit) 6 again. Instead of ending support for the JDK, which is Oracle's implementation of Java Platform Standard ...

Tags: Java 7, Oracle, JDK, Java

Microsoft Will Use "Windows 8" as Replacements for The Now-Discarded "Metro" Label

Dec 25, 2012

Microsoft will use "Windows 8" or "Modern" as replacements for the now-discarded "Metro" label to describe apps and their environment in the upcoming operating system, according to reports yesterday and today. Veteran Microsoft watcher ...

Tags: Microsoft, Windows 8, Modern, Metro label, apps

Mercedes-Benz Middle East and Levant Held at Expo Centre Sharjah in November

Dec 25, 2012

Mercedes-Benz Middle East and Levant took home two awards at the third successful edition of the Middle East Motor Awards 2012, held at Expo Centre Sharjah in November. Nominated for a total six awards, Mercedes-Benz dominated the premium ...

Tags: Mercedes-Benz, SUV, dynamic AMG sports, car

NLMK DanSteel A/S Has Started Production at a New 4.2 Meter Heavy Plate

Dec 25, 2012

NLMK DanSteel A/S, a Danish rolling mill of NLMK Europe Plates, has started production at a new 4.2 meter heavy plate stand adding new products to the company’s portfolio. The project worth of EUR 100 million started in August ...

Tags: rolling mill, plate stand, plate market, company news

Giant Hitachi Will Sign a Contract with The Gujarat Government

Dec 25, 2012

PTI reported that Japanese industrial solutions giant Hitachi will sign a contract with the Gujarat Government next month for setting up a sea water desalination plant in the State that will treat 0.336 million tonnes of water every day. ...

Tags: Hitachi, sea water desalination plant, industrial solutions

Double Digit Growth in Q2FY'13 Revenues Are Posted by Nike

Dec 25, 2012

NIKE, Inc. reported financial results for its fiscal 2013 second quarter ended November 30, 2012. For continuing operations, strong demand for NIKE, Inc. brands propelled double-digit revenue growth on a currency neutral basis, and diluted ...

Tags: Apparel Accessories, Nike, Digit Growth

Brand Envoy for Oakley Is Turned From Golfer Zach Johnson

Dec 25, 2012

Oakley, Inc. announced that Zach Johnson has joined its family of professional golfers. The latest player to become part of Oakley Golf, Johnson has relied on the company’s performance eyewear for years and will now take advantage of ...

Tags: Golfer Zach Johnson, Brand Envoy, Oakley

The Company Ship Firefox 14, Patching 18 Vulnerabilities and Adding Automatic Encryption

Dec 25, 2012

Just days after a former employee blasted Mozilla for its frequent updates, the company on Tuesday shipped Firefox 14, patching 18 vulnerabilities and adding automatic encryption of searches passed to Google's search engine. The upgrade ...

Tags: Mozilla, Firefox 14, vulnerabilities, automatic encryption, Google

Starcom MediaVest Group Has Been Appointed by Saudi Arabia's Solb Steel

Dec 25, 2012

Starcom MediaVest Group has been appointed by Saudi Arabia's Solb Steel as its media communications agency. Effective from 1st December 2012, the contract covers the entire Saudi Arabian market and was signed with a renewal agreement ...

Tags: MediaVest, steel, SMG, media agency, Solb Steel

Microsoft Will Start Selling Windows 8 on Friday

Dec 25, 2012

Microsoft today announced that it will start selling Windows 8 on Friday, Oct. 26, a little more than three months from now. New PCs equipped with the operating system will go on sale the same day, said Microsoft spokesman Brandon LeBlanc ...

Tags: Microsoft, Windows 8, PCs, operating system

Peterkin Has Signed The Exclusive UK and Ireland Rights to Amazing Live Sea Monkeys

Dec 25, 2012

Peterkin has signed the exclusive UK and Ireland rights to Amazing Live Sea Monkeys. The deal is effective now and the first wave of crustaceans will be available from Peterkin in time for Easter. Peterkin Head of Sales and ...

Tags: Amazing Live Sea Monkeys, Peterkin, toy trade

For Its Most Recent Financial Quarter, IBM Experienced a Drop-off in Revenue

Dec 25, 2012

For its most recent financial quarter, IBM experienced a drop-off in revenue, though it was able to maintain profit growth. For the second quarter, IBM generated US$25.8 billion in revenue, down 3 percent from the second quarter of 2011. ...

Tags: IBM Services, financial quarter, revenue, hardware revenue, Q2, profit