The Textile, Clothing and Footwear Union of Australia (TCFUA) has strongly condemned the Federal Government for slashing $7 million available for redundant workers in the Textile, Clothing and Footwear Industry to secure alternative ...
Enhance the overall quality is the key for the development of mining machinery industry. Mining machinery is an important part of the equipment industry in China. After the high-speed development of the "11th Five-Year" period, the ...
Tags: Market View, mining machinery
PPG Industries reported third quarter 2012 net sales of $3.8 billion. Net income for the quarter was $339 million, including nonrecurring charges. Adjusted net income for the quarter, excluding the nonrecurring charges, was $348 million. ...
Tags: PPG Industries, automotive OEM, refinish coatings, Performance Coatings
Sony has given investors a more accurate breakdown of the 10,000 job cuts it announced earlier this year. The company admitted it would be slashing the workforce at its Japanese headquarters by 20%,along with 20%of its home entertainment ...
Tags: Sony, job cuts, Minokamo, mobile handsets
IDG News Service-Google CEO Larry Page tried to put a positive spin on his company's poor third-quarter financial results,which were released prematurely Thursday and triggered a panicked stock sell-off before trading was abruptly halted. ...
Tags: Google, Future Growth, financial results
IDG News Service-Chip company Advanced Micro Devices on Thursday said it would lay off 15%of its workforce as it tries to inch back to profitability at a time when the PC market is slumping. The company will lay off close to 1,800 of its ...
Tags: Chip company, Workforce, AMD, PC market
Al Arafa's retail segment net profit grows 81%in H1 Al Arafa Holdings for Investments&Consultancies released its H1 2012 financial results for the 6-months period ending July 31st,2012. Financial Highlights for Arafa Holding ...
Tags: Al Arafa, Net Profit, financial results
Edmund Optics restructures its manufacturing base 12 Oct 2012 Expansion of Asian plants and restructuring of US facilities seen as crucial for future development. Aspheric lenses Edmund Optics(EO)has announced that it will expand its ...
Tags: Edmund Optics, manufacture, US
Lenovo has become the world's top supplier of PCs, according to the latest market data from Gartner. Lenovo took the top spot for worldwide PC shipments for the first time in its history, with its global share increasing to 15.7%, putting ...
Tags: Lenovo, HP, Gartner, aggressive position
Holcim is to close its cement factory in the Hungarian city of Labatlan (N Hungary) by next year, communications director of Holcim Hungaria Zrt., Iren Marta told local press on Monday. According to reports in MTI, Holcim originally planned ...
Tags: market view, cement
PVH Corp is updating its previous earnings per share guidance for its full year and third quarter 2012. 2012 Guidance: Non-GAAP earnings per share for the full year 2012 is now estimated to be in a range of$6.32 to$6.37,as compared to ...
Tags: PVH, Earnings, Tommy Hilfiger business, Pre-tax costs
Google has admitted it will incur costs of $300m as "severance-related charges" following its acquisition of Motorola Mobility. Google revealed in August it would be slashing 20% of the Motorola workforce, as it planned to move away from ...
Tags: Google, severance-related charges, acquisition of Motorola
HP's shares have plummeted to a nine-year low after its CEO Meg Whitman stated that revenue for 2013 would decline and that it would take five years to revive the firm financially. Whitman – the third HP CEO in as many years – ...
Tags: Meg Whitman, HP, union Unite, IBM
UK-based Premier Foods has appointed Geoff Eaton as the chief operating officer and executive director to speed up transformation of the debt-laden company. Geoff Eaton was formerly the CEO of former puddings maker Uniq. During his ...
Tags: transformation, debt-laden, acquisitions
Lenzing AG, listed on the benchmark index ATX of the Vienna Stock Exchange and global market leader for man-made cellulose fibers, has now acquired a 100% shareholding of the Czech pulp producer Biocel Paskov A.S. Up until now Lenzing has ...
Tags: Lenzing AG, cellulose fibers, fiber, textile