For its fiscal fourth-quarter 2013 (ended 28 April), fiber-optic communications component and subsystem maker Finisar Corp of Sunnyvale, CA, USA has reported revenue of $243.4m, up 2.1% on $238.4m the prior quarter. Fiscal Q4/2012 Q1/2013 ...
Tags: fiber-optic communications, Electrical, Electronics, subsystem
When fully operational, the £30 million facility will support 200 convenience stores stretching from London to Brighton. The opening of the new distribution centre has created 350 jobs, providing a real boost to the local community. ...
Tags: Apparel
Nike announced that Charlie Denson, NIKE Brand President since 2006 and a 34-year veteran of the brand, will retire in January 2014. In conjunction with Denson’s decision to retire, the Company also announced strategic changes in its ...
Tags: America, Apparel&Accessories, Nike
Marsh will join DS Smith from Tesco where he was the group director of tax and corporate finance for three and a half years. He was also chief financial officer (CFO) at AstraZeneca and CFO of Global Building Products at Pilkington. ...
Microsoft Corp. and Best Buy Co. Inc. today announced a strategic partnership to create the Windows Store only at Best Buy. The comprehensive store-within-a-store will be in 500 Best Buy locations across the United States and in more than ...
Tags: Microsoft, Best Buy, Windows Store
From 1 July the Finnish timber and paper giant Stora Enso will have a new business division called Printing and Living. The newly created division ensues from the consolidation of the former Printing and Reading division with the Building ...
Tags: Stora Enso, Printing
Grand Home Furnishings here is expanding its West Virginia presence with the acquisition of four John Eye's Big Sandy Superstores in the state. The deal is expected to close in August. The purchase price was not disclosed. Top 100 store ...
Tags: Furnishings, Sandy Stores, W.Va
Porsche’s former chief financial officer has been convicted of credit fraud by a German court in a criminal case relating to a failed 2009 bid by the sports car maker to buy Volkswagen. Bloomberg reports Holger Haerter was convicted ...
Tags: Porsche, Fraud, Volkswagen Bid
For fiscal second-quarter 2013 (to end-March), Emcore Corp of Albuquerque, NM, USA, which manufactures compound semiconductor-based components and subsystems for the fiber-optic and solar power markets, has reported revenue of $42.3m, up ...
Tags: Emcore, Electrical
Outdoor footwear brand Keen has brought Mike Abbott on board as its president. Abbott assumes the new job July 8. He comes to the company with nearly two decades of experience in global operations, most recently as chief operating officer ...
Tags: Keen, Transportation, COO Mike Abbott
The executive committee of the supervisory board of Evonik Industries AG has proposed to the supervisory board to give its consent to the termination of the board position of Dr Wolfgang Colberg (53) as chief financial officer in best ...
SAP abruptly reorganized its development strategy, with SuccessFactors CEO and cloud strategy chief Lars Dalgaard leaving the company and executive board member Vishal Sikka tapped to lead a single software development unit. Sikka has ...
Tags: Computer Products, software
For fiscal third-quarter 2013 (to end-March), optical component, module and subsystem maker Oclaro of San Jose, CA, USA, has reported revenue of $141.6m, down 11% on $159.5m the previous quarter and up 60% on $88.7m a year ago (which was ...
Tags: Oclaro Opnext, Electrical, Electronics
For first-quarter 2013, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, RFIC, semiconductor and optical industries) has reported revenue of $8.3m, down 18.6% on ...
Jawbone today announced the appointment of Mindy Mount as president of the company. Mount comes to Jawbone from Microsoft where she held several roles including corporate vice president and chief financial officer of the Online Services ...
Tags: Jawbone, Consumer Electronics, Mindy Mount