Intel expects that its workforce will decline by 5 percent as it heads into a year in which revenue is likely to be flat. Intel announced its expectations for a decline in its workforce in the wake of its fourth quarter earnings report. ...
After decades of relying on imports for garment accessories, Vietnam has for the first time exported garment accessories in 2013, reports vov.vn. Vietnam exported garment accessories worth US$ 700 million last year, according to ...
Tags: Garment Accessories, Textile
Knight Transportation Inc. has increased its profit forecasts for the fourth quarter of 2013 and the first quarter of 2014, citing better performance than it had previously expected. Knight's fourth-quarter net income will be between 24 ...
Tags: Transportation
State-owned China National Petroleum Corp said Friday that its total net equity production from its overseas oil and gas projects last year totaled 59.2 million mt of oil equivalent, translating into an average 1.19 million b/d of oil ...
Tags: oil equivalent, Mineral
H.B. Fuller Company reported financial results for the fourth quarter that ended November 30, 2013 and guidance for 2014: Items of Note for 2014 Guidance: Adjusted diluted EPS projected at between $3.00 and $3.15, an increase of 16 to ...
Tags: H.B.Fuller, Construction
UPS Inc. said an unexpected surge of last-minute Internet gift orders during a compressed peak holiday season strained its delivery system, leading to fourth-quarter earnings of about $1.25 per share, or 18 cents below Wall Street ...
Tags: UPS, Lowered Profits, Holiday Surge
UPS Inc. said an unexpected surge of last-minute Internet gift orders during a compressed peak holiday season strained its delivery system, leading to fourth-quarter earnings of about $1.25 per share, or 18 cents below Wall Street ...
Tags: UPS, Lowered Profits, Holiday Surge
US chip giant Intel said Friday it will trim its workforce by five percent this year as it shifts from personal computers to powering mobile gadgets. Word of the job cuts came a day after Intel reported that its net profit last year sank ...
The axing this week of Yahoo's second-in-command sent a signal that reality is setting in for Silicon Valley sweetheart Marissa Mayer, who leads the struggling Internet pioneer. Hearts soared when Mayer was wooed away from rival Google in ...
Tags: Consumer Electronics, Electronics
Mounty Airy, North Carolina-based Insteel Industries reported Thursday net earnings of $2.7 million for the first quarter of fiscal 2014 (ended December 28, 2013), compared to $2.4 million in the same quarter of the previous year. Net sales ...
Tags: Insteel Industries, Mineral
Best Buy said declines in digital imaging, movies and MP3 players led a 1.5 percent dip in domestic holiday sales, to $9.8 billion for the nine weeks ending Jan. 4. The retailer also lowered its fourth-quarter and full-year earnings ...
Tags: Consumer Electronics
Murata Manufacturing shares rallied Wednesday to reach their highest point in over a decade, adding to anticipation that the Japanese maker of smartphone components will see higher earnings, as a major Chinese mobile carrier begins selling ...
Tags: iPhone Sales, Murata's Shares
They said the party was over, but Australia's giant resources sector is surging into a two-horse race between iron ore and coal, with the latest numbers revealing that there is still fire in the belly of the boom, thanks mainly to sustained ...
Tags: coal industry, Mineral
Wolverine Worldwide reported preliminary unaudited revenue and earnings results for the full year ended December 28, 2013. The year included a full 52-week contribution from the Company's October 2012 acquisition of the Sperry Top-Sider, ...
Tilly's, Inc., the action sports chain, reported that based on the results for the holiday period, it now expects fourth quarter results to be in the mid range of its previously communicated outlook for both comparable store sales and ...
Tags: Tilly, holiday period, comparable store sales, comparable store earnings