US food group Hormel Foods has booked an increase in third-quarter profits as all five of its business segments reported earnings growth. In the three months ended 29 July, profit climbed 13% to US$111.2m, the company reported yesterday ...
Tags: food, third-quarter profits, increase, Hormel Foods
TSMC will lead the foundry pack by a massive 4x margin over No.2 GloFo, says IC Insights. The top ten players in 2012 will be, says IC Insights: $bn TSMC 16.7 GloFo 4.3 ...
Tags: TSMC, Samsung, Apple, IC Foundry
IDG News Service - Apple has opposed a government proposed judgment in an e-books price-fixing lawsuit, stating that the judgement seeks to terminate and rewrite its contracts "before a single document has been introduced into evidence, ...
Tags: Apple, Publishers, government
Totally Green,a producer of organic food processing systems and compostable packaging alternatives,is set to receive$5m investment and$15m credit line from Canada-based private equity firm York Plains Investment to fund new growth strategy. ...
Tags: equity financing, investment, credit line, landfill
IDG News Service-Name:Mark Partin Age:44 Time with company:7 years Education:Bachelor of Science in Accounting from the University of Tennessee;MBA from Harvard University Company headquarters:Blue Bell,Pennsylvania Countries of ...
Tags: Fiberlink, Mark Partin, CFO
Supermarket chain Iceland is to re-open the online store it closed six years ago due to rising demand from customers. Iceland pioneered online supermarket shopping as long ago as 1996,well before Tesco,Sainsbury's and other big ...
Tags: Iceland, online store, Big Food Group, UK
Continental Diamond Tool Corporation is experiencing record growth this year is set to increase its revenue by more than 18%. So far in 2012, the company has experienced a record first quarter. Despite relatively slow growth in May, June ...
Tags: Market View, Diamond Tool
5N Plus'revenue falls 14%in Q2 5N Plus Inc of Montreal,Quebec,Canada,a producer of specialty metal and chemical products,has reported results for second-quarter 2012,with numbers for the comparable period to end-May 2011 restated to ...
Warren East,CEO of chip designer ARM,discusses the growth of machine to machine technology,the on-going patent wars and why he hopes the company will retain its independence. It seems there is no stopping ARM,with the company having ...
Tags: CEO, chip designer, ARM
3M has dropped its $US550 million takeover of Avery Dennison's office products division after the US Justice Department said it would take legal action if the companies didn't abandon the transaction. The Justice Department said in a ...
Tags: 3M, scotch tape, office supplies, US market
Current internet subscription business models are ineffective, and are holding up development of services in the UK, fibre communications firm Level 3 has told Computing. James Taylor, EMEA content service product manager at Level 3, ...
Many users of cloud data services are entirely unaware of inherent security risks,and security can only improve if customers pressure providers to deliver it,Frank Coggrave,VP of sales,EMEA&APAC at Guidance Software,has told Computing. ...
Tags: cloud providers, security risks, Coggrave
CHS,a US-based grains and food company owned by farmers and ranchers,has completed the acquisition of Atman,a Goiania,Brazil-based input distribution and grain origination company,for an undisclosed amount. The acquisition,which is a part ...
Tags: acquisition, business expansion, CHS
Soitec (Euronext), a world leader in generating and manufacturing revolutionary semiconductor materials for the electronics and energy industries, and Chongqing Silian Optoelectronics Science & Technology Co., Ltd. (Silian), an established ...
UK retailer Nisa has said it is joining trade association Co-operatives UK. The member-owned food and drink retailer said the move would allow it to "strengthen" its mutual style business model. With a turnover of more than GBP1.5bn ...
Tags: food and drink retailer, Nisa, independent food and drinks