Japanese auto-parts maker Akebono Brake is planning to invest JPY10bn ($100.6m) by 2014 to expand its operations in North America. About JPY7bn ($70.4m) of the total investment will be spent in 2013, followed by JPY3bn ($30.2m) next year. ...
Tags: Auto-Parts, Akebono Brake
For its fiscal fourth-quarter 2013 (to end-June), LED chip, lamp and lighting maker Cree Inc of Durham, NC, USA has reported record revenue of $375m, up 7% on $348.9m last quarter and 22% on $306.8m a year ago, due mainly to strong sales of ...
Tags: Cree LED, Electrical, Electronics
The Valspar Corporation reported third quarter 2013 net sales of $1.1 billion, up one percent versus the prior year. Reported net income and earnings per diluted share for the current and prior year include several nonrecurring items, which ...
Tags: Valspar Reports
Wesfarmers Limited has announced a net profit after tax (NPAT) of $2,261 million for the full-year ended 30 June 2013, an increase of 6.3 per cent on the previous corresponding period. The group's retail businesses achieved solid growth ...
Cree has announced revenue of US$375 million for its fourth quarter of fiscal 2013, ended June 30, 2013. This represents a 22% increase compared to revenue of US$306.8 million reported for the fourth quarter of fiscal 2012, and a 7% ...
On Aug. 13, Cree, Inc., a market leader in LED lighting, announced revenue of $375.0 million for its fourth quarter of fiscal 2013, ended June 30, 2013. This represents a 22% increase compared to revenue of $306.8 million reported for the ...
Amidst the challenging macro-economic scenario, Aditya Birla Nuvo Limited (ABNL) has posted strong earnings growth. The company is competitively well positioned in most of its businesses. -Revenue grew by 8 per cent from Rs. 5,745 crore ...
Tags: Madura Fashion, Textile
Flowserve Corporation announced its financial results for the 2013 second quarter. In addition, Flowserve also filed its Form 10-Q with the Securities and Exchange Commission for the period ending June 30, 2013. Highlights of 2013 Second ...
BASF increased sales by 3% in the second quarter of 2013 to just under €18.4 billion thanks to higher sales volumes in all segments. Income from operations (EBIT) before special items decreased by 5% to around €1.8 billion. In the ...
Tags: Construction, Decoration
Tech earnings this week highlighted the importance of mobile communications to IT, as companies including Apple, Samsung, Facebook, AT&T and Texas Instruments reported mixed results for the quarter ending in June. Apple and Samsung ...
Tags: Tech earnings, Samsung
PPG Industries reported record second quarter net sales in 2013 of $4.1 billion, up 16 percent versus the prior year. Second quarter 2013 reported net income from continuing operations was $341 million, or $2.35 per diluted share. Adjusted ...
Tags: coating, Construction, Decoration
The Australian share market fell today as Japan's share market succumbed to profit taking, reports from Orica and Santos disappointed the market, and some traders predicted a sharp fall in the US share market. Investors were sidelined ...
Tags: Japan Fall, US Worries
PPG Industries reported record second quarter net sales in 2013 of $4.1 billion, up 16 percent versus the prior year, according to a PPG press release. “We achieved new sales and adjusted earnings records due to the continued strong ...
Tags: Glass Segment, Construction
PPG Industries reported record second-quarter net sales in 2013 of $4.1 billion, up 16 percent versus the prior year, but company glass sales dipped in what chairman and chief executive officer Charles E. Bunch calls a ...
Recently, REFOND said that the recent capacity expansion has eased its capacity bottlenecks, while in the case that backlight procurement is transferring and demand in lighting market is accelerating, the expansion will be helpful for the ...