The High Point Market Authority will receive an extra $200,000 from the state of North Carolina for the current fiscal year, from July 2013 to June 2014. That brings the total state appropriation to the Market Authority to $1.86 million. ...
Tags: Furniture, Furnishing
RF Micro Devices, Inc. , a global leader in the design and manufacture of high-performance radio frequency solutions, reported financial results for the Company's fiscal 2014 first quarter, ended June 29, 2013. Quarterly revenue increased ...
Tags: RF Micro Devices, Textile
Microsoft on Thursday took an unexpected $900 million charge to account for what it called "inventory adjustments" for the Surface RT, the poor-selling tablet that debuted last year. Later on in the day, Microsoft held a conference call ...
Tags: Microsoft, Computer Products, software
Georg Fischer generated sales of CHF 1,837 million during the first half-year of 2013, slightly lower than in the previous year. Adjusted for currency effects, divestments and acquisitions, the figure is equivalent to last year?s first ...
Tags: Processing Machinery
Alongside its ongoing activities in the area of LED, the Zumtobel Group is investing in the technology of the future, OLED. To this end, the lighting group yesterday signed an agreement to acquire all the shares from its partners in the ...
Tags: OLED Technology, OLED, Lights, Lighting
The Australian share market fell today as Japan's share market succumbed to profit taking, reports from Orica and Santos disappointed the market, and some traders predicted a sharp fall in the US share market. Investors were sidelined ...
Tags: Japan Fall, US Worries
The Australian dollar has recovered from a fall sparked by comments from the Chinese finance minister who said China was unlikely to receive a massive stimulus this year. At 6.30am AEST the local unit was trading at 91.69 US cents, up ...
Johnson & Johnson, a New Jersey-based health care firm, has reported that its profits in the second quarter of fiscal 2013 has more than doubled, partly due to strong sales of medical-devices and medicines. In the second quarter, the net ...
Levi Strauss & Co announced leadership changes in its executive team with the creation of regional presidents for the Americas, Europe and Asia. This is part of a natural evolution of the company’s organization structure to further ...
Tags: Levis, Regional Presidents
The Australian dollar has fallen after China's finance minister Lou Jiwei said the world's second biggest economy would be unlikely to receive a massive stimulus this year. At 1700 AEST on Thursday, the local unit was buying 91.52 US ...
Tags: Australian dollar, Lou Jiwei
The Chinese economy is capable of withstanding shocks, although its facing downside risks from both external and domestic uncertainties, said the International Monetary Fund (IMF) on Wednesday. China's economy "is expected to grow at ...
Investment in equipment and software is expected to grow 4.8% in 2013, according to the Q3 update to the 2013 Equipment Leasing & Finance U.S. Economic Outlook released by the Equipment Leasing & Finance Foundation. The Foundation ...
Tags: Manufacturing, Processing Machinery, economy
Plastic packaging systems manufacturer Pretium Packaging has announced plans to cease operations at its site in Pointe Claire, Quebec, Canada by the end of December 2013. The company's latest move is tied to its decision in 2010 to ...
Infosys posted strong revenue growth in the second quarter as demand picked up in key markets including the U.S. However, the Indian outsourcer's net profit grew only 0.5 percent year on year as the company increased salaries for staff in ...
Tags: Computer Products
Indian Textiles Minister K. Sambasiva Rao has urged apparel manufacturers in the country to increase their export target to US$ 20 billion for the current financial year 2013-14. The Apparel Export Promotion Council (AEPC) has raised ...
Tags: Apparel