IBM is the subject of a probe by the U.S. Securities and Exchange Commission into how it reports revenue related to its cloud computing business, the vendor revealed Wednesday. "In May 2013, IBM learned that the SEC is conducting an ...
Tags: IBM
Ferrari could be considering a return to Le Mans in 2015, an event it last won in 1965. Speculation is rife that Ferrari is contemplating a comeback to the French endurance event following a report from German publication Auto Motor und ...
Tags: Ferrari
Industrial laser specialist says that there is still growth in the market for high-power CO2 lasers. Sales at Rofin-Sinar in the quarter ended June 30 have exceeded expectations, thanks mainly to machine tool and electronics applications ...
Tags: CO2 lasers, high-power lasers
Architectural glass sales for Nippon Sheet Glass (NSG) continued to improve in North America, thanks largely to increases in private residential construction, according to the company’s quarterly financial statement released on ...
Tags: Glass, Sheet Glass
It’s reported that France-based pipe producer Vallourec released its financial result for the second quarter of this year. Vallourec posted a net profit of €62 million for the second quarter of this year, soaring by 8.8% year ...
Tags: Vallourec, Net Profits
Greencore's third quarter (Q3) results tell a tale of two regions, with strong progress in the US offsetting declines in its UK home market. Greencore's product mix includes a range of prepared meals Italian ready meals, poor weather ...
Tags: Agriculture, Food
France-based pipe manufacturer Vallourec has announced its financial results for the second quarter and the first half of 2013. According to Vallourec's report, in the second quarter this year the company registered a net profit of ...
Tags: Vallourec, Net Profit
Earnings trend underscores significant progress in corporate reorganization Revenue share of semiconductor-based products above 30 percent for the first time Osram raises earnings outlook slightly for current fiscal year Osram showed ...
Africa's largest steel producer, ArcelorMittal South Africa, has announced its financial results for the second quarter and the first half of the current year, reporting a net profit of ZAR 135 million ($13.45 million) in the second ...
Houston, Texas-based MRC Global Inc., the largest global distributor, based on sales, of pipe, valves and fittings (PVF) and related products and services to the energy and industrial sectors, reported Q2 2013 sales of $1.27 billion, down ...
Bahrain-based private equity firm Investcorp has agreed to acquire UK-based producer of premium crisps Tyrrells from Langholm Capital for £100m. Established at Tyrrells Court Farm, Herefordshire in 2002, Tyrrells is a producer of ...
German pharma and chemical firm Bayer has reported a net profit of €841m for the second quarter of 2013, with an increase of 74.8% compared to €481m during the comparable period earlier year. The increase in profit is primarily ...
Tags: chemical firm, Bayer
Online furniture sales continue to tick up, increasing 11.1% in 2012 compared with the year prior according to comScore. Total retail online sales were $186.2 billion last year, up 15.3%. In 2011, online furniture sales comprised 8% of ...
Tags: Furniture, Online furniture sales
Producers of treatment chemicals will generate revenues of $11.9 billion next year in Asia. This is the latest forecast in the continually updated McIlvaine publication: Water and Wastewater Treatment Chemicals: World Market. The power ...
The dust has settled. Following two years of very strong growth in lift truck sales, shipments leveled off in 2012. With growth at just a fraction of a percent, worldwide sales didn't match the 27% growth in 2011 or the 32% growth in 2010. ...
Tags: Processing Machinery