STOCKHOLM --Ikea expects its revenue to grow by as much as 85% and its store count to grow by 200 units worldwide by 2020, according to a report by Nasdaq.com. Revenue for the Sweden-based home furnishings giant is expect to increase ...
Tags: Ikea
ISLAMABAD: Pakistan’s petroleum products import increased by 8.15 percent to $2.71 billion, whereas textile exports raised by 2.95 percent to $3.272 billion during the first quarter of the current fiscal year against $3.178 billion in ...
Corporate Express will officially change its name to Staples on 26 October. As previously reported by Stationery News, US-based Staples has been phasing out the name Corporate Express since its takeover of the company in 2008. As of 29 ...
Tags: Corporate Express, Stationery News, Office Supplies, Stationery
Building upon its solid performance this year, Gap Inc. announced a new global brand structure designed to fuel the company's long-term growth. Gap Inc.'s five brands and over 3,200 stores are currently located in more than 40 countries ...
Oracle is pushing its combined hardware and software product range as a way for CIOs to avoid costly consultant fees. Speaking in the UK, Oracle president Mark Hurd, said open systems were more costly because they were not ...
Tags: Oracle, CIOs, consultant fees, Mark Hurd
Shares rose as much as six per cent for Cree as the company announced record revenue of 315.8 million dollars for its first fiscal quarter,which ended September 23rd,2012. This is a 17 per cent increase compared to revenue of 269m dollars ...
Tags: shares, LED lighting, non-GAAP net income
Quarterly Revenue increased 17% year-over-year to a record $316 million; Quarterly Net Income increased 26% year-over-year to $16.1 million Cree, Inc. (Nasdaq: CREE), a market leader in LED lighting, today announced revenue of $315.8 ...
Tags: LED lighting
Shares rose as much as six per cent for Cree as the company announced record revenue of$315.8 million for its first fiscal quarter,which ended September 23rd,2012. This is a 17 per cent increase compared to revenue of$269m for the first ...
Egyptian Prime Minister Hisham Qandil has announced that interest on loans extended for agricultural production, including to cotton cultivators, will be calculated at a rate of five percent per annum. The announcement implies that ...
Tags: Hisham Qandil, cotton cultivators, cotton, textile
Indian outsourcer Infosys blamed continuing global economic uncertainties for a slide in year-on-year revenue growth in U.S.dollar terms,which declined to 2.9%for the third quarter,from 16.7%a year earlier. "It's still very choppy out ...
Tags: Indian outsourcer, Infosys, global economic uncertainties, net profit
Bauer Performance Sports Ltd.announced its financial results for the first quarter of Fiscal 2013 ended August 31,2012 reported under IFRS. Revenues grew by 4%(8%excluding the impact of foreign exchange)to$148.3 million in the first ...
Tags: Bauer Performance Sports, financial results, IFRS, apparel
Microsoft CEO Steve Ballmer has announced intentions for a "fundamental shift" in Microsoft's technology business model, describing a future in which the company will start to "build specific devices for specific purposes". In his annual ...
Tags: Microsoft, Steve Ballmer, Office, Windows 8, SaaS
Destination Maternity Corporation,the world's leading maternity apparel retailer,reported sales for the fourth quarter of fiscal 2012 ended September 30,2012,and announced that it expects its fourth quarter fiscal 2012 earnings to exceed ...
Tags: Destination Maternity Corporation, maternity apparel, sales performance
Asahi Glass Co.(5201.TO,ASGLY)has halted production at a solar-cell glass plant in Tennessee to prevent the build-up of excess inventory,the Nikkei reports in its Oct.8 edition. The plant,in the city of Kingsport,has seen inventory swell ...
Tags: Asahi Glass Co., solar-cell glass, Tennessee
When the recession hit in 2008,Congress and big tech employers mostly shelved the idea of creating more H-1B visas to combat what some described as a skills shortage.This year,however,proposals for overhauling work visa programs have ...
Tags: recession, H-1B visas, federal government, Washington