Metallurgical Corp. of China Ltd. (MCC, SHSE: 601618 and SEHK: 1618) is said to sell a majority stake in west Australia-based Lamber iron ore project. People close to it disclosed in an interview recently that it was busy looking for ...
Tags: Iron Ore, Metallurgy, Mineral, Energy
US social game developer Zynga Inc. (NASDAQ: ZNGA) will cut 520 jobs globally before this August. It said on June 4 that it would lay off about 520 staff globally before August this year and the staff accounted for about 18 percent of the ...
Chinese online video website Ku6 Media Co., Ltd. (NASDAQ: KUTV) will continue a user generated content (UGC) strategy. It said in the evening on June 3 that Du Fang, the former deputy director with Zhejiang Stellite TV, would take the ...
Tags: Service, Media, online video website
Zynga, the social gaming services company, is laying off 18 percent of its employees in an effort to reduce its cost structure. CEO Mark Pincus announced the layoffs Monday in a note to employees posted on the company's blog. Zynga, as of ...
Express, Inc., a specialty retail apparel chain operating 620 stores, announced its first quarter 2013 financial results for the thirteen week period ended May 4, 2013, compared to the thirteen week period ended April 28, 2012. First ...
iFabric Corp.,announced its financial results for the second quarter ended 31st March 2013. In the quarter ended 31st March 2013, revenues increased to $2,254,113 compared to $1,067,362 in the corresponding quarter of 2012, an increase of ...
Tags: Skyrocket, iFabric Corp
India-based Gujarat NRE Coke Ltd (GNCL) has announced its financial results for the fourth quarter and the full financial year ended March 31, registering a net profit of INR 51.5 million ($922,086) in the fourth quarter, compared to a net ...
Tags: Metallurgy, Mineral, Energy
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
Chico's FAS, Inc. announced its fiscal 2013 first quarter financial results. For the first quarter, when excluding non-recurring acquisition and integration costs related to the Boston Proper acquisition, the Company reported net income ...
Tags: Net Sales, Gross Margin
Speculation is rife that Ford Australia is set to announce today the closure of its Broadmeadows and Geelong production plants. The local car maker issued a statement at 9:15am today alerting the media to a press conference at 10:45am, in ...
Tags: Auto, Transportation, Ford
Singapore-based medical devices manufacturer Biosensors International has completed the acquisition of substantially all assets of Spectrum Dynamics, a provider of avanced functional assessment technologies such as those used to evaluate ...
US automaker Ford Motors’ Australian subsidiary is planning to shutdown two of its auto manufacturing plants in Australia amid high production costs and drop in sales. As part of the plan, Ford Australia's engine plant in Geelong ...
Tags: Ford Motors, Auto Parts
U.S. third-party logistics (3PL) market revenues increased modestly in 2012, mirroring U.S. gross domestic product (GDP). According to Armstrong and Associates’ 2012 3PL Market Analysis and 2013 Predictions Report, U.S. 3PL market ...
Tags: Armstrong, third-party logistics
U.S. third-party logistics (3PL) market revenues increased modestly in 2012, mirroring U.S. gross domestic product (GDP). According to Armstrong and Associates' 2012 3PL Market Analysis and 2013 Predictions Report, U.S. 3PL market gross ...
India-based steelmaker JSW Ispat has announced that the Supreme Court of India has approved its merger with JSW Steel, though the certified copy of the approval is still awaited. JSW Ispat shareholders will get one JSW Steel share for every ...
Tags: JSW Ispat, JSW Steel Merger