Network equipment supplier Cisco is buying US cloud networking firm Meraki in a$1.2bn deal. Cisco,which is keen to raise its profile in cloud computing,said the acquisition will help accelerate its evolution to software-centric offerings ...
Tags: Cisco, buys cloud networking company, Meraki
Tesco announced the launch an Apparel Skills Foundation to support the Bangladesh ready-made garment industry.The Skills Foundation's objective is to equip the industry with training,expertise and tools to improve productivity while ...
Tags: Tesco, Apparel Skills Foundation, ready-made garment, DFID
ATLANTA --- Havertys' board is rewarding the Top 100 retailer's stockholders with a special dividend of $1 per common share and 95 cents per Class A common share, the company announced Tuesday. The amounts are in addition to the regular ...
Tags: board
Cisco has bought software company Cloupia for $125m, making it the networking giant's eighth acquisition of 2012. The Santa Clara-based software firm specialises in automating datacentre hardware, giving businesses an overview of their ...
Cisco has bought software company Cloupia for$125m,making it the networking giant's eighth acquisition of 2012. The Santa Clara-based software firm specialises in automating datacentre hardware,giving businesses an overview of their ...
Tags: Cisco, Buys Cloupia, 125m dollars, networking giant's eighth acquisition
Cisco Systems plans to build small cellular base stations,building upon its fast-growing business in Wi-Fi base stations for mobile operator networks,Chairman and CEO John Chambers said on Tuesday. The move will bring the networking giant ...
Tags: Cisco Systems, small cellular base stations, Wi-Fi base stations
The U.S.and China are likely to resolve the conflict over potential security threats from Huawei Technologies'network equipment without a trade war,Cisco Systems chairman and CEO John Chambers said on Tuesday. A U.S.Congressional report ...
THE WOODLANDS, Texas -- Retailer Conn's said its furniture and bedding sales jumped 31.7% in the quarter ended Oct. 31 as the company continued to heavily promote the categories and focus on higher-end goods. In a preliminary sales report ...
MONTREAL -- Consumer goods giant Dorel Inds. reported a healthy 6.5% in revenue for the third quarter although net income fell 9.9% on a per share basis. Leading the charge were the company's juvenile and leisure segments, while home ...
Tags: Home Furnishings
IDG News Service-Analysts say HTC still faces an uphill battle to rebuild its smartphone business amid heated competition,despite reaching a deal with Apple to settle their patent disputes. On Sunday,HTC and Apple announced the dismissal ...
Tags: HTC, Smartphones, Apple
Lassonde Industries Inc.(TSX:LAS.A)(Lassonde)posted sales of$255.1 million in the third quarter of 2012,a 21.0%increase year over year.Profit attributable to the Company's shareholders for this period totalled$10.3 million,up$2.1 million ...
Tags: Lassonde, fruit juice, fruit drink, financial results
US retailer Roundy's Inc said a "more challenging economic and competitive environment" affected results in the third quarter as profits fell. Earnings in the three months ended 1 October amounted to US$8.8m compared to $12.4m a year ...
Tags: retailer, competitive environment, profits fell, grocer
In the third quarter of 2012, adidas Group revenues grew 4% on a currency-neutral basis, driven by double-digit sales increases in Retail. Currency-neutral revenues in Western Europe increased 1%, supported by sustained momentum at adidas. ...
Tags: Adidas, Reebok, revenues, grew, TaylorMade-adidas Golf
Taipei, Oct.24, 2012 (CENS)--Acer Inc. recently issued an unexpectedly dismal financial report for the third quarter, with consolidated revenue dropping 5.6% quarter on quarter (QoQ) to NT$104.4 billion (US$3.48 billion) and earnings per ...
Morrisons announced"very disappointing"third quarter results yesterday(November 8)and the departure of its commercial director Richard Hodgson. The retailer revealed like-for-like sales down by 2.1%,excluding fuel,for the 13 weeks to ...
Tags: Morrisons, Financial results, sales