BlackBerry will change its CEO and accept a US$1 billion loan from a consortium involving shareholder Fairfax Financial Holdings as it struggles with inventory and strategy problems. The company has abandoned plans to sell itself. CEO ...
Tags: Blackberry, Computer Products
Farm equipment manufacturers report strong sales heading into the fourth quarter of 2013. According to the Association of Equipment Manufacturers' latest report (issued in August), U.S. unit retail sales showed double-digit growth in most ...
Tags: Farm Machinery, Manufacturing, Processing Machinery, Farm equipment
Do these resonate with you? Seven long-term predictions about the strategic environment for packaging and processing emerged from the Vision 2020 focus groups PMMI conducted during PACK EXPO Las Vegas 2013: 1. Because available capital ...
The Volkswagen Group reported a solid performance in the first nine months of fiscal year 2013, despite the ongoing difficult market environment. Including China, Group deliveries increased by 4.8 percent to 7.2 million vehicles worldwide. ...
July - September 2013: -Consolidated revenue was EUR 454.4 million (EUR 485.1 million), down 4.6 per cent excluding terminated franchising operations. -Operating profit was EUR 10.7 million (EUR 17.1 million). January - September 2013: ...
Tags: Stockmann, Consolidated revenue
Europe's economy is in the doldrums. Yet companies are still looking to the future with a positive mindset. 76% of survey respondents expect a return to robust economic growth in 2015. But the prospects for European competitiveness are not ...
Tags: Competitive Edge, Europe's economy
PPG Industries reported third quarter 2013 net sales of $4 billion, up 17 percent versus the prior year. Third quarter 2013 reported net income from continuing operations was $220 million, or $1.52 per diluted share, and adjusted net ...
Tags: PPG, Construction, Decoration
Fortress Paper has concluded its initial strategic evaluation and testing of alternatives for the Fortress specialty cellulose (FSC) mill. Post evaluation, the company has reached to a conclusion that the FSC mill should be operated as a ...
Oclaro Inc of San Jose, CA, USA, which provides lasers and optical components, modules and subsystems for optical communications, has announced underwhelming financial results for its fourth-quarter and fiscal year 2013 (ended 29 June). ...
Tags: Oclaro, Electrical, Electronics, optical communications
Cintas Corporation reported revenue for its first quarter ended August 31, 2013, of $1.12 billion, a 6.6% increase compared to last year's first quarter. Adjusting for one less workday in this year's first quarter compared to last year's ...
Tags: Apparel, Accessories
Oclaro Inc of San Jose, CA, USA, which provides lasers and optical components, modules and subsystems for the optical communications, industrial, and consumer laser markets, has sold its Oclaro Switzerland GmbH subsidiary and associated ...
Tags: Electrical, Electronics, Laser
Sport Chalet, Inc. is reporting a 2.8 percent sales decrease in its first quarter, which ended June 30, compared to the same period last year. Sales came in at $81.5 million, down from $83.8 million last year. The company's net loss for the ...
Tags: Transportation, bike, Sporting Goods, Recreation
Russian steelmaker Severstal has announced its financial results for the second quarter and the first half of 2013. Accordingly, in the second quarter Severstal registered a net loss of $44 million, compared to a net profit of $155 million ...
Tags: steel, Metallurgy, Mineral
From mundane 2D devices, integrated cameras in laptops and tablets in the future will change into powerful 3D tools that can sense movement, track emotion, and even monitor reading habits of children, according to Intel. Intel is ...
Tags: Intel, Laptop, Tablet Cameras
The new agreement between China and Europe on EU imports of Chinese solar panels has officially been launched. The result of the minimum price and volume limit, which the industry is most concerned about, has also been released. The minimum ...
Tags: PV Price