Mercedes-Benz is recalling 10,509 units of its C-Class compacts from model year 2015 due to issues with its steering wheel. The company said that production workers did not install a steering component properly on selected C300 and C400 ...
Tags: C-Class compacts, steering wheel, Auto
Hagens Berman, a national class-action law firm, has filed a second class-action suit against Japanese parts supplier Takata Corporation and automaker Honda Motor Co., stating that Takata embarked on a concealment campaign, designed to ...
Tags: airbag systems, cheap airbags, Auto
Pundits are again speculating about the future of the Affordable Care Act, more widely now referred to as Obamacare. Now that Republicans are poised to take over the Senate in January, while widening their control of the House, they are ...
Tags: Medical Device Tax, Medical Device
For third-quarter 2014, Rubicon Technology Inc of Bensenville, IL, USA (which makes monocrystalline sapphire substrates and products for the LED, semiconductor and optical industries) has reported revenue of $8m (at the bottom of the $8-12m ...
Tags: 2-Inch Sapphire, Electronics
Today Verdesian Life Sciences, LLC (Verdesian) announced a new seed inoculant for soybeans — Preside CL, available for the 2015 growing season. In replicated field trials, seeds inoculated with Preside CL reached canopy closure ...
Crystalline silicon solar cell maker Gintech Energy has released its financial results for third-quarter 2014, recording consolidated revenues of NT$2.905 billion (US$95.9 million), gross margin of -8.07%, net operating loss of NT$410 ...
Tags: silicon solar cell, PV
Cooper Tire & Rubber Co. posted net income of $47.7 million on net sales of $920.1 million for the third quarter ended Sept. 30, 2014. That compares to a net loss of $168 million on sales of 832.4 million for the same period last year. ...
Tags: Cooper Tire, Auto Tire
Financially, Cooper Tire & Rubber Co. fared well in the third quarter of 2014. Compared to 3Q 2013, the company improved its net loss to a net gain. But how did the company fare in the United States? Cooper's total light vehicle tire ...
Tags: Cooper, Tire Industry
Lassonde Industries posted sales of $315m in the third quarter of 2014, a 22.3% increase year over year. Profit attributable to the Company's shareholders for this period totalled $10.6m, down $0.6m from the third quarter of 2013. "Our ...
Tags: Financial results, Apple&Eve, Agriculture
For its fiscal first-quarter 2015 (ended 27 September 2014), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $89.2m (at the high end of the $83-91m ...
Hyundai announced a six-speed automatic transmission for hybrid electric vehicles (HEV). The system integrates electric motor and applies technologies that provide tangible benefits to the users by increasing fuel economy and reduce ...
Recent disappointing results for ventricular assist device companies are raising questions over adoption of the technology—which is meant to assist patients’ weakened hearts with pumping blood. HeartMate II, as shown on ...
For the third-quarter 2014, epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview, NY, USA has reported revenue of $93.3m, down on $99.3m a year ago and $95.1m last quarter (and below the mid-point of the ...
Tags: Veeco, MOCVD Revenue, LED segment
Phoenix Footwear Group, Inc., the parent of Trotters and SoftWalk, reported sales from continuing operations for the third quarter increased $794,000 or 14.3 percent to $6.4 million compared to $5.6 million for the third quarter of fiscal ...
Tags: Phoenix Footwear, Sporting Goods
Spy Inc. reported third quarter sales were $11.0 million in 2014, an increase of 8.1 percent or $0.8 million more than in the third quarter of 2013. The increase in net sales was primarily driven by strong goggle sales and continued growth ...
Tags: goggle, prescription frames