LED lighting manufacturer Cree has released its financial results for 2012.The results show that the US company increased its revenues from$243m to$306.8m in the fourth quarter of 2012,an improvement of 26 per cent. For the full ...
Tags: Cree, LED, GAAP, Rudd Lighting
CNH Global N.V. (CNH) announced financial results for the quarter ended June 30, 2012. For the quarter, net sales increased 3% (9% constant currency basis) to $5.0 billion as firm global demand for agricultural equipment, on the back of ...
Tags: market view, agricultural equipment, construction equipment
Siemens has ditched plans to float its lighting subsidiary Osram on the stock market, opting instead to spin the business off to existing shareholders. The German industrial giant announced in March last year its plan for an initial ...
Veeco Instruments announced its financial results for the second quarter ended June 30, 2012. The firm reported second-quarter 2012 revenues of US$136.5 million with net income of US$11 million. Both figures are lower than second-quarter ...
Tags: LED
Computerworld - Seagate's stock price dropped 8% today after the company announced it expects weak first-quarter performance based on slowing PC sales. The news followed a lack-luster quarter, which Seagate reported yesterday. Seagate ...
Tags: Stocks, weak first-quarter, performance
Siemens CEO Peter Löscher Siemens has abandoned its plans to float Osram on the stock market in the wake of disappointing financial results and continued economic turmoil. The German conglomerate will instead make Osram independent ...
Tags: IPO, Siemens, Peter Löscher
Aixtron's revenue rebounds by 10%; non-LED activities gaining traction Deposition equipment maker Aixtron SE of Herzogenrath, Germany says that, for second-quarter 2012, its revenues and orders have stabilized at the levels of Q1/2012. ...
Tags: Aixtron MOCVD
Hershey has lifted its forecast for underlying earnings today (26 July) after managing to increase prices more than expected in the first half of 2012. The US confectioner said price increases had boosted margins and, with selling, ...
Tags: Hershey, confectioner, increase prices, net price
After devastating monsoonal floods in Thailand shut down several of Western Digital's key disk drive plants,drastically hurting its revenue and market standing,WD this week reported record financial results for 2012. According to market ...
Tags: Western Digital, Thailand, disk drive market, ultrabooks
Everything Everywhere added 150,000 new contract customers over the past three months, keeping revenues steady. The joint venture between T-Mobile and Orange announced both its second-quarter and six-month financial results today, which ...
Profit for the quarter stands at INR 467 million The Board of Directors of SKF India Limited, India's leading technology and solutions provider of bearings, seals, lubrication systems, mechatronics and services, has approved the unaudited ...
Tags: Industry Trends, bearing
CVI Melles Griot parent company has slashed costs at the photonics subsidiary as it seeks to boost productivity and profit margins. IDEX,the industrial technology company that acquired the well-known optics firm CVI Melles Griot just over ...
Tags: IDEX, Corporation, CVI
SAP's cloud business is growing thanks to the acquisition of online HR software provider SuccessFactors, according to the company's latest financial results. Last December SAP acquired SuccessFactors for $3.4bn, as a key part of SAP's ...
Tags: online HR software, SAP, SuccessFactors, cloud product
Soitec installation in Durban Soitec,the France-based company specializing in semiconductor materials and concentrated photovoltaics(CPV),says that it is focusing on cost control measures while it gears up for a ramp of production at its ...
Tags: Soitec, Hit by South African Solar
ASML shares hit record high after'boring'quarter 18 Jul 2012 Steady sales and recent investment by Intel propel the lithography company to its highest-ever value. ASML share price graph:1996-2012 Shares in the market-leading ...
Tags: ASML, stock, semiconductor lithography, equity stake, SEMI