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
US snacks firm Snyder's-Lance has reported an increase in first-half profits despite lower sales. Earnings in the six months to the end of June amounted to US$33.8m from$7.3m in the prior-year period,the company reported today(7 August). ...
Tags: Snyder's Lance, profits, route system, report
US cereal giant Kellogg has booked a drop in first-half profit as raw material prices and weakness in Europe weighed on earnings. Net profit in the six months to the end of June amounted to US$659m,a 7%decline on the prior-year ...
Tags: earnings, profit, raw material, prices
During the first half of 2012, Georg Fischer faced uneven economic conditions. Whereas the Corporation increased its sales in Asia and even more in North America, the eurozone woes had a dampening effect on customer demand in that region. ...
Tags: industry trends, piping system
UK sausage and bacon supplier Cranswick has started its new financial year with a 7% increase in first-quarter sales. Cranswick today (1 August) reported a 7.4% rise in sales for the three months between 1 April and 31 July. The ...
Tags: sausage, bacon, first-quarter sales, Cranswick, Meat Firm
Siemens has shelved plans to float its lighting business,Osram,on the stock market and instead will spin off the company early next year,according to its chief executive Peter Loescher. The company's net profit of Euro 823 ...
Tags: Europe, Osram, Siemens, LED, Lights&Lighting
The Abu Dhabi market gauge ADXGI advanced 0.62% to reach 2, 485.51 points. Real estate bellwether Aldar Properties was the most acive share by volume and gained 0.90% to close at Dhs1.11. Ras al-Khaima (RAK) Cement Company ended flat at ...
Tags: market view, cement
I-Chiun Precision Industry, a Taiwan-based maker of LED lead frames, on July 25 released its financial report for the first half of 2012, recording net EPS of NT$0.15. I-Chiun posted consolidated revenues of NT$2.809 billion (US$94 ...
Tags: I-Chiun I-Chiun Precision Companies:I-Chiun Precision Industry
Siam Cement, a barometer of Thailand s corporate health, posted April-June net profit of 4.28 billion Thai baht ($135 million), down from 7.49 billion baht a year earlier. Eleven analysts polled by Reuters had forecast an average net profit ...
Tags: market view, cement
While earnings from marquee-name tech companies such as Apple and Facebook disappointed this week, sales of mobile devices and enterprise software showed signs of growth. The deluge of earnings reports offered mixed news about sales but ...
Tags: ERP, Wall Street, US, software
Cymer reports improved EUV optics performance 25 Jul 2012 New coating on collector for extreme ultraviolet source increases effective lifetime by 50%. Bull run:Cymer hits long-term high Lithography light source provider Cymer has ...
Tags: Cymer, EUV optics, effective lifetime, lithography light source
Reuters reported that Southern Province Cement reported 9.6% rise in quarterly profits citing the start up a second production line at one of its plants and increased demand from local markets. Saudi Arabia s biggest cement producer by ...
Tags: market view, cement
SAP's revenue for the second quarter grew 18 percent over the same quarter last year to AA!3.9 billion(US$4.9 billion)following record software revenue of over AA!1 billion,it reported on Tuesday. The business software company in ...
Tags: SAP, Cloud, mobile, business software company
HTC has sold back about half its majority stake in Beats Electronics,signaling according to analysts that its investment in the U.S.headphones provider may have fallen short of its expectations. The Taiwanese phone maker said in a Taiwan ...
Tags: HTC, majority stake, Taiwanese phone maker, Beats headphones
Quarterly earnings from some of the biggest tech companies in the world this week were decidedly mixed,but showed some signs of strength,particularly in enterprise IT spending. Tech vendors with exposure to the hardware market have ...
Tags: tech companies, PCs, Intel, smartphone