US retailer Kroger has raised its full-year earnings guidance after booking an increase in first-half profits. In the six months to the end of June, earnings climbed to US$718.4m from $713.1m a year earlier, the company reported today (7 ...
Tags: retailer, raised earnings guidance, supermarket, increase
IDG News Service - Hewlett-Packard on Wednesday announced a US$8.9 billion loss for its third quarter ended July 31 due to writedowns and weak hardware sales and also said full-year results would be at the low end of its previous guidance. ...
Tags: HP, weak sales, revenue, Personal Systems Group
Returning market for LED manufacturing equipment and strong demand for laser processing systems cheers investors. Ultratech stock reaches 15-year high Shares in the lithography and laser processing equipment firm Ultratech have reached ...
Underlying Sales Growth Remains Solid For the quarter,The Estée Lauder Companies reported net sales of$2.25 billion,a 4%increase compared with$2.17 billion reported in the prior-year quarter.Excluding the impact of foreign ...
Tags: Estee Lauder, net sales, foreign currency, net earnings
OC Oerlikon Corp AG (OERL), the Swiss maker of textile machinery that announced the sale of a solar unit to Tokyo Electron in March, said profits may rise further than earlier guidance as a slumping textile market stabilizes. “The ...
Tags: market view, textile machinery
Asian stocks rose, with a regional benchmark index headed for its biggest monthly rally since September 2010, as Greek Prime Minister Lucas Papademos said major progress was made in debt-swap talks and Japan’s industrial production ...
Tags: market view, factory robots
Japanese companies, Thailand’s biggest foreign investors, may spend more to build factories in neighbors including Indonesia and Vietnam after the worst flooding in 70 years disrupted global production. “Executives recognize the ...
Tags: industry trends, machine
Germany, the world’s biggest solar- panel market, will cut subsidies for photovoltaic power by a record amount next year as the government tries to control the pace of installations and wean the industry off support. Rates under the ...
Tags: Industry Trends, solar
Germany, the world’s biggest solar- panel market, will cut subsidies for photovoltaic power by a record amount next year as the government tries to control the pace of installations and wean the industry off support. Rates under ...
Tags: solar