Vishay Intertechnology Inc. reported that its fourth-quarter net earnings attributable to stockholders declined to $29.2 million or $0.19 per share, from $30.0 million, or $0.20 per share in the comparable quarter last year. Net earnings ...
Acording to a recent survey by the Federation of Korean Industries, 17 out of 29 major business groups in Korea picked restructuring as the center of their business strategy for this year. In contrast, only eight and two chose R&D ...
Tags: Conglomerates, Electronics
For its fiscal second-quarter 2015 (ended 27 December 2014), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $86.8m, down 15.6% on $102.9m a year ago and ...
Tags: end-market, Telecoms
President Xi Jinping unveiled his thinking about the Chinese economy, saying the world's second largest economy is seeing a "new normal" emerging. China's 2014 economic growth edged down to a 24-year low of 7.4% from 7.7% in 2013, ...
Tags: China's Economy, economic growth
US apparel marketer, Kate Spade & Company has signed a joint venture with Walton Brown to establish a strategic network of stores across China, Hong Kong, Macau and Taiwan. The newly formed partnership will leverage the expertise of ...
Tags: Kate Spade, apparel
China will step up reforms and innovation to speed up agricultural modernization in 2015, according to a key policy document released by the Party and government on Sunday. As the Chinese economy, under the "new normal," shifts from ...
Tags: Agriculture, Food
As the tax authority said, China's pilot program to replace business tax with value-added tax (VAT) reduced tax revenue by 191.8 billion yuan ($30.7 billion) in 2014, the tax authority said Wednesday. The country expanded the VAT reform to ...
Tags: VAT Reform, Tax
“For the just completed 2014, business in the polyester specialties segment continues on the whole to proceed in a very solid and pleasing fashion, German fibre manufacturer, Trevira said. It also anticipates the 2014 turnover at ...
Tags: textile materials, chemical tests, Textile
Less than four years after acquiring GSI Commerce for $2.4 billion, eBay Inc. announced Wednesday it was studying whether to spin off the business in IPO as part of a broadening restructuring. The company disclosed the plans in its ...
Tags: broadening restructuring, box retailers, Sporting Goods
In an unaudited trading update for 2014, epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says that it expects full-year revenue to be about £112m (down 11.7% on £126.8m in 2013, but in line with expectations). ...
His new venture will specialise in sales and marketing training and development as well as offer solutions to companies seeking high-level interim appointments. Depesche UK, the team behind the popular Top Model range, has bid a fond ...
Tags: Top Model range, marketing training, Toys
PPG Industries reported fourth quarter 2014 net sales from continuing operations of $3.71 billion, up $207 million, or 6 percent, versus the prior-year figure of $3.5 billion. Net sales in local currencies grew 10 percent year-over-year, ...
Tags: portfolio management, earnings-accretive cash deployment, Construction
The coming year could be pivotal for the global LED industry, given the growing market share of Chinese LED companies throughout the value chain. In order to compete with international companies and maintain their growth, China vendors must ...
NYSE listed apparel retailer, Macy’s, Inc has unveiled a series of initiatives to evolve its business model and invest in continued growth opportunities as consumers change the way they shop. These include a restructuring of ...
Tags: shopping experience, via mobile, Apparel
Infineon Technologies AG of Munich, Germany has completed its acquisition (announced on 20 August) of International Rectifier Corp (IR) of El Segundo, CA, USA, following the approval of all necessary regulatory authorities and International ...