For first-quarter 2013, GaAs-based broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA has reported revenue of $26.4m, down 7.2% on $28.4m a year ago and 13.4% on $30.5m last quarter. The firm had ...
Tags: Anadigics, wireless and wireline
Safaricom expects to increase its data market share in Africa after reporting an increase in both voice and data revenue for its latest fiscal year. For the ended March 31, after-tax profit jumped 39 percent year over year to 17.5 billion ...
Tags: Computer Products, software, Data Business
In terms of the global economy, the alarm bells have stopped ringing. According to Cliff Waldman, senior economist for the Manufacturers Alliance for Productivity and Innovation (MAPI), that’s one of the key takeaways from the U.S. ...
You may not know that the International Code Council (ICC) has deemed May National Building Safety Month, and that this week focuses on disaster safety and mitigation. To that end, groups including the ICC and the Insurance Institute for ...
Tags: Disaster Safety, Mitigation Week
Toshiba Corporation and Toshiba America Electronic Components, Inc., (TAEC) today announced that the company has developed second generation 19 nanometer process technology that it will apply to mass production of 2-bit-per-cell 64 gigabit ...
Tags: Toshiba, Nand Chips, Consumer Electronics
Beating all previous records, India exported Rs. 11.16 billion worth of coir and coir products in 2012-13, which is a 6 percent or Rs. 640 million more than previous fiscal’s exports of Rs. 10.52 billion, Coir Board Chairman G ...
Tags: Coir Exports, Coir
India’s textile exports for the current fiscal year 2013-14 are likely to grow by 15 percent over last year, Minister of State for Textiles Panabaaka Lakshmi has said. During the first eleven months of last fiscal year, India ...
Tags: Textile Exports, Textile
Data centre and wireless sales led growth at Cisco Systems in its fiscal third quarter, as it saw customers spending more in the U.S. and developing countries but reported continuing weakness in Southern Europe. Cisco is aiming to become ...
Tags: Cisco, Computer Products
Macy’s, Inc. announced that Bloomingdale’s plans to enter the Hawaii market for the first time in fall 2015 with a 167,000-square-foot, three-level store to be built in Ala Moana Center in Honolulu on the Island of Oahu. The ...
Tags: Bloomingdale, Apparel
Growth in home sales and prices is contributing to a broader improvement in the overall economy, aided in part by current homeownership tax treatment, according to presentations at a residential real estate forum during the Realtors Midyear ...
Tags: Housing, Economy, Construction&Decoration, mortgage interest
Nordstrom, Inc. reported earnings per diluted share of $0.73 for the first quarter ended May 4, 2013, representing a 4.3 percent increase from $0.70 for the same quarter last year. Net earnings were $145 million compared with $149 million ...
The sharemarket rebounded yesterday after two days of losses, as the dollar tumbled again and government bond yields also fell. The benchmark S&P/ASX 200 closed up 0.3 per cent at 5180.8 after hitting an intraday high of 5194.9. However, ...
Tags: Stocks, Dollar, Bond Yields
Stage Stores, Inc. reported financial results for the first fiscal quarter ended May 4, 2013. Total sales for the quarter increased 3.5% to $379 million from $366 million in the prior year first quarter ended April 28, 2012. Comparable ...
Tags: Stage Stores, Apparel
US-based frozen food manufacturer Bellisio Foods has agreed to acquire Overhill Farms in an all-cash merger deal valued at approximately $80.9m. Overhill Farms is a supplier of custom prepared frozen foods for branded retail, private ...
Tags: Bellisio Foods, Frozen Foods
Indian miner Vedanta Resources has announced its financial results for the fiscal year 2012-13 ended on March 31. Vedanta's profit after tax increased by 35.6 percent to $1.66 billion compared to the previous financial year, while the ...
Tags: Iron Ore Mining, Metallurgy, Mineral&Energy, Karnataka