Paul Otellini, President and CEO, Intel Intel on Thursday reported a full-year revenue of $53.3 billion, an operating income of $14.6 billion, a net income of $11 billion and earnings per share (EPS) of $2.13. The company generated ...
Tags: Intel, Revenue, Paul Otellini
Speaking to shareholders at Microsoft Corp.'s annual meeting today, Chief Executive Officer Steve Ballmer highlighted the company's recent product launches and financial performance, and outlined the company's shift to devices and services. ...
Tags: Microsoft, CEO, Steve Ballmer, Windows 8
Luxembourg-based steel giant ArcelorMittal has announced that it will issue $3.5 billion common shares to reduce its debt significantly. With the share issuance, the company aims to reduce its debt to $17 billion by the end of June this ...
Tags: Luxembourg, steel giant, ArcelorMittal, debt
UK - Event, production and communication company, R&B Group, is celebrating its 21st year in business and a 25% increase in sales on the first half year compared to the same period in 2011. The company head office is located in ...
Tags: production and communication, R and B Group, company news
Kumba final results for the year ended 31 December 2011.Record safety,exports,earnings and dividends. Commenting on the results,Kumba Iron Ore("Kumba")CEO Chris Griffith said:"Driven by export volume growth and a 26%increase in iron ...
Tags: Kumba final results, operating, saftey, marketoutlook
Kumba Iron Ore (Kumba) confirms that engagement is continuing with the less than 300 employees who embarked on an illegal strike on Wednesday, 3 October 2012, at the Company's Sishen Mine in the Northern Cape. The strikers are demanding a ...
Tags: Kumba Iron Ore, engagement, employees, Sishen Mine
Business Recorder reported that Pakistan Steel Mills Board of Directors has directed the management to obtain the opinion of Ukrainian contractors regarding the possibility of damage to the Coke Oven Battery-1 if it is preserved ...
Tags: PSM, Coke Oven Battery, Pakistan, Ukrainian
The sharemarket moved the dial a click further to boom conditions by closing at a 19-month high thanks to growing interest in blue chips and miners, and a strong tailwind from the US market's fiscal resolution-driven 2.35 per cent, ...
Tags: sharemarket, growing interest, blue chips, miners
Market watchers predict the local sharemarket will forge further ahead this year after surging almost 15 per cent last year, the result of a second-half recovery that defied concerns about sovereign debt in Europe and the US and a Chinese ...
Tags: shares, 2013, non resource sectors, sharemarket
OJSC Magnitogorsk Iron and Steel Works announced that the company held an extraordinary general meeting of shareholders (in the absentee vote format) on Saturday, December 29th 2012. Shareholders have by the majority vote approved the ...
Tags: OJSC Magnitogorsk Iron, Steel Works, MMK, issued stock
Reuters reported that global stock markets surged almost 2.0%and commodity prices rallied yesterday after US legislators struck a deal to halt a round of automatic fiscal tightening that threatened to push the world's largest economy into ...
Tags: Saudi Market, Rallies, Fiscal Deal
US discount retailer Family Dollar Stores has recorded first-quarter earnings that came in at the lower end of its guidance due to gross margin pressure and expense headwinds. In the three months ended 24 November, earnings amounted to ...
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Who: Aimia Foods Aim: The family-owned business needed to invest in its three sites in Haydock, North West England, and maintain its high standard of manufacturing products in the dry powder sector Spend: Undisclosed What: A new ...
Tags: Aimia Foods, manufacturing, powder, packing line, packaging
Cisco Systems posted a small sales gain of 4 percent and a larger boost in profit for its fiscal fourth quarter on Wednesday. The company's revenue hit$11.7 billion for the quarter ended July 12,up 4 percent from a year earlier.Its net ...
Tags: Cisco systems, revenue
CITI has ended rival UBS's 11-year streak at the top of the stockbroking heap, as brokers warn that an imminent uptick in market activity is unlikely after the worst year since 2005. "I would say next year will be similar to this year in ...
Tags: CITI, an imminent uptick, stockbroking heap