Cisco today announced its fourth quarter and fiscal year results for 2012, showing a rise in both sales and the resulting income. Sales for the quarter rose a modest 4% year-on-year to reach $11.7bn, but over the entire year Cisco ...
Tags: Cisco, network solutions, datacentre solutions, software
The global financial services sector still faces upheaval, five years after the credit crunch decimated its ranks. But how have IT strategies changed in the years since the UK government was forced to nationalise Northern Rock? Five years ...
Tags: global financial services, IT strategies, IT infrastructure, software
US frozen-food firm Overhill Farms has confirmed it is evaluating a number of approaches over potential joint ventures, acquisitions or "other transactions". Overhill revealed yesterday (13 August) it has received "expressions of ...
Wajax Corporation, Toronto, Ontario, announced a 12 percent increase in 2012 second quarter earnings. Second Quarter Highlights Consolidated second quarter revenue of $386.6 million increased $52.5 million, or 16 percent compared to last ...
Tags: market view, construction Equipment, excavator, mining equipment
Nestle's share price increased this morning (9 August) as the Kit-Kat maker booked an increase in first-half profit and reaffirmed its full-year guidance. The Swiss food giant reported an 8.9% increase in earnings of CHF5.12bn (US$5.26bn) ...
Tags: food, share price, emerging markets, price rises, cost-cutting, water
IBM is considering acquiring RIM's enterprise arm,while the BlackBerry manufacturer is selling off NewBay and other minor acquisitions of its own,according to reports. RIM seems to be avoiding speaking to the media since its Q2 financials ...
Tags: IBM, RIM, BlackBerry, NewBay
US private-label food group Ralcorp Holdings has reported an increase in third-quarter profits, helped by higher sales and a gain from hedging contracts. Ralcorp, which makes cereals, sauces and pasta for US retailers, booked net earnings ...
Tags: private-label food, cereals, sauces, pasta, stocks
GSI Group hit by scientific market slowdown 09 Aug 2012 Sales of fiber lasers from subsidiary JK Lasers triple year-on-year, but scientific orders are delayed. JK Lasers' carbon dioxide laser GSI Group, the owner of well-known ...
Tags: GSI GroupJK Lasers, Lights, Lighting, GSI Group, carbon dioxide laser
Healthy markets cheer biophotonics suppliers 08 Aug 2012 Double-digit increases in revenues boost confidence,though new business strategies weigh on some. Cutera Pearl Fractional A number of suppliers in the aesthetic and ...
Tags: Cutera, Cynosure, Palomar Medical Technologies, Solta Medical
Peregrine Semiconductor Corp of San Diego,CA,USA,a fabless provider of radio-frequency(RF)integrated circuits(ICs)based on silicon-on-sapphire(SOS)founded in 1990,has raised$77m in its initial public offering(IPO)of 5,500,000 shares of ...
Tags: Peregrine, Semiconductor, RF, ICs, SOI
Driven by the major acquisition of a wastewater pumps business and organic growth, order intake increased significantly by nominal 11% to CHF 2 025 million in the first half of 2012. Adjusted for currency effects as well as acquisitions and ...
Tags: market view, wastewater pump
Siemens has ditched plans to float its lighting subsidiary Osram on the stock market, opting instead to spin the business off to existing shareholders. The German industrial giant announced in March last year its plan for an initial ...
During the first half of 2012, Georg Fischer faced uneven economic conditions. Whereas the Corporation increased its sales in Asia and even more in North America, the eurozone woes had a dampening effect on customer demand in that region. ...
Tags: industry trends, piping system
US packaged foods company ConAgra Foods has entered into an agreement to acquire the Bertolli and PF Chang’s Home Menu frozen meals businesses from Unilever for a total cash consideration of $265m. The agreement includes a license ...
Tags: agreement, cash consideration, frozen meals
New research from Computer Weekly and TechTarget has shown that attitudes towards server virtualisation within the European networking industry have changed. Last year's survey revealed the technology was viewed as a strain on networks ...
Tags: European network professionals, server virtualisation, networking team