Hewlett-Packard reported results for the last quarter of its fiscal year on Tuesday, and although sales were down from a year earlier there were some much-needed signs of improvement. HP's enterprise division, which sells servers, storage ...
Tags: Hp, Improvement, sales growth
BMTC Group, Quebec's largest full-line furniture, mattress and major appliance retailer, has reported its fourth consecutive quarter of declining sales, a reflection of weakening consumer spending across the province. For the three months ...
Tags: Furniture, Furnishing
Germany-based steelmaker Salzgitter Group has announced that in the first nine months of the current year the business activities of the company were burdened by the structural crisis in the European steel industry, reflected by ...
Tags: Salzgitter Group
Garmin Ltd.'s fitness division, which includes the company's cycling products, saw strong sales growth in the third quarter, a period that included the introduction of the new Edge Touring cycle computer and Vector power meter. Fitness ...
Tags: Transportation, bike
Europe's economy is in the doldrums. Yet companies are still looking to the future with a positive mindset. 76% of survey respondents expect a return to robust economic growth in 2015. But the prospects for European competitiveness are not ...
Tags: Competitive Edge, Europe's economy
The PC market moved into its sixth straight quarter of declining sales, analysts reported on Wednesday, although the dip was less pronounced than one firm expected. Market research firm Gartner reported that third-quarter PC sales dipped ...
Hewlett-Packard reassigned Enterprise Group chief Dave Donatelli on Wednesday as it reported an 8 percent decline in revenue for its fiscal third quarter, saying all of its major divisions except software brought in less money than a year ...
Tags: HP, Computer Products
The Lenzing Group was not immune to the continuous downward price development on the marketplace in the first half-year 2013. Nevertheless, against the backdrop of declining sales, Lenzing generated earnings in line with expectations but ...
Tags: Lenzing Group, Textile
Ford Australia will cut vehicle production in the lead-up to September’s federal election following record-low sales, which the company has blamed primarily on the government’s proposed fringe benefits tax (FBT) rule changes. ...
Tags: Ford Australia
Tridonic is pulling out of the magnetic ballast and transformer business in response to declining sales and incoming EU restrictions on inefficient magnetic technology. The company said it will cease operating in this sector from 30 ...
Tags: Tridonic, Magnetic Ballast Market
Ford employees displaced by the impending closure of the company’s Victorian manufacturing plants will benefit from an additional $25.1 million thanks to fresh support pledged by the car maker and the Federal Government. In a joint ...
Tags: Ford, Manufacturing Employee
Ford Australia has confirmed it will end local vehicle production in October 2016, signalling the death of the Ford Falcon and Territory and the loss of 1200 Victorian jobs. Ford Australia president and CEO Bob Graziano said rapidly ...
Tags: Ford, Auto, Transportation
Apple's record-setting $17 billion bond offer this week stood in stark contrast to the company's darkest days, when in 1996 its millions in notes were rated as junk because investors wondered if the company would survive a thrashing by ...
Tags: Apple, Computer Products
Think video streaming, from services such as Amazon and Netflix, is killing physical discs? Not quite yet, according to the Digital Entertainment Group (DEG), which reports that Blu-ray sales were 28.5 percent higher in the first quarter of ...
Tags: Blu-Ray Discs, Consumer Electronics, DVR
MICROSOFT is moving to bolster its new tablet fleet as declining sales of PCs create concerns around sales of Windows 8. The Wall St Journal reports Microsoft is developing a fresh range of its Surface tablets, including a 7-inch screen ...
Tags: Computer Products, Consumer Electronics, PC