SHARES in the nation's mining services contractors were hit again yesterday on the back of UGL's profit downgrade and stock price plunge, which prompted analysts to cut earnings and price targets for the engineering company. UGL slipped ...
Carter’s, Inc., the largest branded marketer in the United States of apparel exclusively for babies and young children, announced that its Board of Directors has approved a $300 million share repurchase authorization and instituted a ...
Fusion-io President and CEO David Flynn has resigned and will be replaced by Shane Robison, the former CTO of Hewlett-Packard. Flynn resigned effective immediately "to pursue entrepreneurial investing activities," according to a news ...
Tags: Computer Products, software
US-based thin-film solar firm First Solar reported first-quarter 2013 net sales of US$755 million, lower than the US$1.1 billion reported in the fourth quarter of 2012 but higher than the US$497 million reported in the first quarter of ...
Tags: Solar Reports, Lighting
CARTHAGE, Mo. - Components producer Leggett & Platt said its first-quarter earnings rose 11.6% despite a sales decline of about 1%. The company attributed the earnings jump to cost improvements and a favorable product mix in certain ...
Tags: Light Industry
Mr. Fast joined Crane in 1999 as President and Chief Operating Officer and was promoted to Chief Executive Officer in January 2001. He will be succeeded by Max H. Mitchell, currently President and Chief Operating Officer. Mr. Mitchell, 49, ...
PPG chairman notes strategic progress, record financials during annual meeting PPG Industries (NYSE:PPG) today conducted its annual meeting of shareholders in Pittsburgh, where Chairman and Chief Executive Officer Charles E. Bunch spoke ...
Tags: PPG Chairman, PPG
BlackBerry is mad and it’s not going to take it anymore. The smartphone maker came out swinging Friday, one day after several market analyst reports said the company’s first BlackBerry 10 handset, the touch-centric Z10, is not ...
Tags: BlackBerry, Computer Products
Corning Incorporated (NYSE: GLW) announced today an accounting change relating to expense recognition for company-sponsored pension plans. The new method, adopted in the first quarter of 2013, will result in simpler, more transparent ...
Tags: Construction, Corning
In the afternoon of April 1, Baosteel Co.,Ltd. holds 2012 annual performance results online description meeting. Group Corporation general manager, Baosteel Co.,Ltd. chairman, Party secretary He Wenbo, Baosteel Co.,Ltd. general manager Ma ...
Tags: Baosteel, Description Meeting, Mineral
It's been a turbulent decade at Hewlett-Packard, with board members and CEOs resigning or being ousted for all manner of colorful reasons, including strategic missteps, accusations of spying on journalists and alleged sexual harassment. ...
Hoping to keep its stock price above $1 per share and preserve its New York Stock Exchange listing, Furniture Brands International is asking shareholders to approve a reverse stock split. Shareholders were notified in a recent proxy ...
Tags: Furniture Brands, Furniture, Furnishing
Foxconn's Hon Hai Precision Industry Co. said it was still committed to buying a stake in Japanese display maker Sharp, and expects an investment could be completed within three months if a price can be agreed on. Both companies have been ...
Tags: Foxconn, Hon Hai, Investment Deal
A deal that would have made electronics giant Foxconn a major shareholder in Japan display maker Sharp has fallen apart, though the companies remain close partners in the complex global electronics supply chain. Foxconn's Hon Hai ...
Tags: Foxconn Deal, Computer Products, Shareholder
Samsung's new Galaxy S4 would be the "ultimate smartphone" if it ran Apple's iOS and accessed the Cupertino, Calif. company's app ecosystem, a clearly-impressed analyst said today. Others were less likely to think that Samsung's ...