Dell's net income fell 31 per cent in the latest quarter as the company continued to be hurt by a shrinking PC market. Dell's founder and CEO Michael Dell and a group of investors are buying the company for $US24.4 billion ($23.6bn) ...
Tags: Dell, net income, latest quarter, PC market
A total of 245 will lose their jobs by the end of the year, the firm said. The Elgin, Illinois plant which is 481,000 square feet, opened in 1967 and produces aerosol and specialty steel cans as well as flat steel sheet used by other food ...
Tags: aerosol, specialty steel cans, household products packaging facilities
Switzerland-based packaging firm Ball is set to cease production at its food and aerosol packaging manufacturing facility in Elgin, Illinois, US in December 2013. The Elgin plant produces aerosol and specialty steel cans, flat steel sheet ...
Tags: packaging firm, Ball, food and aerosol packaging manufacturing facility
Packaging supplier Ball has announced its decision to cease production at the company's Elgin, Illinois food and aerosol packaging manufacturing plant in the US in December 2013. According to the US-based company, its other facilities ...
Uncertainty hangs over the future of 112 Silvercrest workers, after Burger King, Tesco and the Co-operative Group severed contracts with the supplier, according to the union Unite. 112 Silvercrest plant workers have been suspended with ...
Tags: Silvercrest workers, Burger King, Tesco, Meat Contracts
Uncertainty hangs over the future of 112 Silvercrest workers, after Burger King, Tesco and the Co-operative Group severed contracts with the supplier, according to Unite the union. 112 Silvercrest plant workers have been suspended with ...
Tags: 112 Silvercrest workers, Burger King, union
The Wet Seal, Inc. a leading specialty retailer to young women, announced a corporate workforce reduction and certain other cost-saving and investment initiatives. The Company also announced the resignation of President and Chief Operating ...
Canadian baker Canada Bread, in which Maple Leaf Foods has a 90% stake, has announced plans to close two bakeries, affecting around 120 jobs. The facilities are located in Grand Falls in New Brunswick and Edmonton in Alberta. The ...
Tags: Canada Bread, baker, Maple Leaf Foods
Verizon Communications posted a net loss of $1.9 billion during the fourth quarter of 2012, but the losses were due to a series of one-time expenses announced earlier. The company on Tuesday announced revenue of $30 billion for the fourth ...
Tags: Verizon Communications, net loss, revenue
GT Advanced Technologies Inc of Nashua,NH,USA(a provider of polysilicon production technology as well as sapphire and silicon crystalline growth systems and materials for the solar,LED and other specialty markets)says that it is ...
Tags: GT, structure, PV, photovoltaic equipment
Fitch Ratings said that vehicle sales in Europe are likely to fall for a sixth straight year in 2013, extending damaging price wars as mass-market manufacturers seek to protect their market share. In contrast, US and Asian manufacturers ...
Tags: auto sales, European, mass market
Apple raised CEO Tim Cook's salary by 55% for 2012 and awarded him a $2.8 million bonus, but said the chief executive's pay was still "significantly below the median" of comparable firms. "Mr. Cook remains significantly below the median ...
IDG News Service - A federal judge dismissed a lawsuit challenging the payout in the separation agreement between Hewlett-Packard and its former CEO Mark Hurd in 2010. The lawsuit filed by HP shareholders against Hurd and the company's ...
Tags: HP, Hewlett Packard, Hurd, Oracle
The project is unprecedented by scale for Eastern Russia's gas industry it features extremely harsh geographic conditions and calls for advanced engineering solutions. Gas production in Yakutia will evolve as a unified complex with ...
Tags: Gas resources, gas transmission system, gas, Gazprom
Reuters reported that the departing chief executive of Norilsk Nickel, the Russian mining giant undergoing an ownership shakeup, will receive a USD 100 million severance deal. Two sources close to the company's shareholders said that ...
Tags: mining giant, mining, nickel, palladium, Norilsk Nickel, CEO