Philips operational results improved by 50% to EUR 875 million, while net income was impacted by significant charges in Q4 • Deal signed to transfer Audio, Video, Multimedia and Accessories business to Funai Electric Co., ...
Tags: Philips, LEDinside, operational results
Department Store to Use Oracle Solutions to Support Multi-Channel Retail Operations News Facts Kohl’s Department Stores, the value-oriented specialty department store, has selected Oracle Retail Merchandising, Planning and Supply ...
Tags: Oracle retail, Retail Operations, Kohl
SAP's revenue in the fourth quarter grew by 12 percent, helped by strong growth in the market for its cloud applications, its HANA in-memory database and mobile applications. Revenue in the fourth quarter ended Dec. 31 was $5 billion ...
Tags: SAP, revenue, cloud applications
Health insurer Aetna has signed a four-year reinsurance arrangement with Vitality Re IV Limited, a Cayman Islands domiciled exempted company. Signed as part of Aetna's long-term capital management strategy, the agreement enables the ...
According to the international financial reporting standards (IFRS), SAP’s revenue in Q4 2012 grew by 12%, which was helped by strong growth in the market for its cloud applications, its HANA in-memory database and mobile ...
SCOR Global Life Americas has appointed Francisco de Toledo Neto as the new president of its Brazilian operations, SCOR Life Brazil, to tap the growing business opportunity of life-health reinsurance market in the country. Toledo joins ...
Tags: life health reinsurance market, reinsurance market, primary insurers
NetSuite is one of the SaaS (software as a service) market's pioneers, having sold its growing family of ERP (enterprise resource planning), e-commerce and other applications since 1998. The vendor's results have been beating Wall Street's ...
Tags: NetSuite, SaaS, Zach Nelson, Oracle
LED Engin,Inc.,a California-based solid-state lighting company specializing in high lumen density LED lighting components and optics,announced the successful completion of its Series E financing.As part of the Series E initial funding ...
Tags: North America, LED Engin, solid-state lighting company
US retailer Supervalu has downplayed reports it is "nearing" a deal that would see Cerberus Capital Management buy some parts of the firm and take a stake in the rest of the company. According to a Wall Street Journal report citing ...
Tags: Supervalu, Cerberus Capital Management, company news, sales and profits
For its fiscal first-quarter 2013(ended 23 September 2012),Cree Inc of Durham,NC,USA has reported record revenue of$315.8m,up 3%on$306.8m last quarter and 17%on$269m a year ago(and in the middle of the$305-325m targeted range,with ...
Oracle on Monday said it has agreed to acquire SelectMinds, a maker of "social talent sourcing software," in a bid to flesh out the capabilities it gained through this year's US$1.9 billion acquisition of Taleo. Terms of the deal, which ...
Tags: Oracle, SelectMinds, Taleo acquisition, Computer Products
IDG News Service - Oracle CEO Larry Ellison made a vigorous sales pitch on Tuesday for his company's next-generation Fusion Applications and underlying technology platform, saying they constitute a more modern approach to cloud-based ...
Tags: cloud stack, Salesforce, Oracle, technology platform
US-based Babson Capital Management, a global investment management firm, has provided subordinated debt and made an equity co-investment to support River Associates Investments’ acquisition of a controlling stake in Rose City Printing ...
Tags: Babson Capital Management, investment management, acquisition
SECAUCUS, NJ, June 14, 2012 /24-7PressRelease/ -- OrangeHRM Inc. a global leader in HRIS development for small and medium-sized enterprises worldwide, launched OrangeAM (Absence Management System) with improved and sophisticated leave ...
Tags: OrangeAM, Absence Management System, standalone service
Sprint Nextel is in negotiations to acquire the remainder of Clearwire, its 4G WiMax network partner, say news reports. Sprint owns about 51 percent of Clearwire's stock and is the main wholesale customer of its national WiMax network. ...
Tags: Sprint Nextel, Clearwire, 4G WiMax network, WiMax network