Australia's department store giant David Jones reported on Thursday that its total sales revenue fell 1.3 percent in the fourth quarter of the 2013 financial year. The company's revenue for the three months from April 28 to July 27 was ...
Tags: Light Industry, Daily Use
New cloud-based software lets employees register, secure, and manage their personal devices without IT department involvement. And a simplified Web interface automates a lot of management tasks. The software, dubbed Anyware, is completely ...
Tags: Computer Products, Cloud service
For its fiscal fourth-quarter 2013 (to end-June), LED chip, lamp and lighting maker Cree Inc of Durham, NC, USA has reported record revenue of $375m, up 7% on $348.9m last quarter and 22% on $306.8m a year ago, due mainly to strong sales of ...
Tags: Cree LED, Electrical, Electronics
he pendulum of the US economy remains on the upswing, according to the American Chemistry Council's (ACC) monthly Chemical Activity Barometer (CAB), released today. The economic indicator, shown to lead US business cycles by an average of ...
Tags: Construction, Decoration
German automaker Daimler is planning to invest about EUR2bn in China, as part of its efforts to double capacity at its Chinese joint venture, Beijing Benz Automotive, to 200,000 units per year over the next two years. The latest ...
The shareholders of American Safety Insurance Holdings (ASI) have approved the agreement and plan of merger of the company with Fairfax Bermuda Holdings. The agreement was signed on 2 June 2013, whereas it was amended on 7 August 2013. ...
Tags: Safety Insurance, Fairfax
Australia-based Allied Healthcare Group has received CE mark approval for its lead regenerative product called CardioCel, which is used in treating congenital heart disease and repairing heart valves. The approval will help the company to ...
Tags: Cardiocel, CE Mark Approval
Swedish automobile manufacturer Volvo Car Group has obtained approval of the Chinese government authorities for the establishment of manufacturing plants in Daqing and Zhangjiakou. The company has started the construction of an assembly ...
Tags: Volvo, Vehicle Plants
Packaging successful adoption that contains recycled polyethylene terephthalate (rPET) depends on minimizing contamination of the recyclate from caps, labels, inks adhesives and other sources in US. The first commercial product using the ...
Tags: rPet Packaging, Packaging
Biotechnology company Amgen has reached a deal to buy all outstanding shares of California-based Onyx Pharmaceuticals for $125 per share in cash. The purchase price of the transaction that is expected to be closed by the beginning of ...
Tags: Amgen, Onyx Pharmaceuticals
Netherlands-based financial conglomerate ING has inked an agreement with Seoul-based private equity firm MBK Partners, to divest its South Korean insurance business, in a transaction valued at nearly KRW1.84trn (€1.24bn). Following ...
Tags: Insurance, MBK Partners
iFabric Corp announced its financial results for the third quarter ended 30th June 2013. iFabric has a 30th September year end. Q3 HIGHLIGHTS: In the quarter ended 30th June 2013, revenues increased to $2,709,015 compared to $1,802,833 ...
Tags: iFabric Corp, Textile
It is learned that Tata Steel’s iron ore project in Canada will produce 1 million tons of iron ore in fiscal year 2014, which will boost the company's European operations. According to Tata Steel Minerals Canada, a 80% owned ...
Tags: Iron Ore Project
The Cato Corporation reported net income of $14.8 million or $.51 per diluted share for the second quarter ended August 3, 2013, compared to net income of $17.3 million or $.59 per diluted share for the second quarter ended July 28, 2012. ...
Tags: Cato Corporation, Apparel
Pump Solutions Group (PSG), an operating company within Dover Corporation and a global leader of pumps, systems and related technologies, announced today that it has signed a definitive agreement to acquire Finder S.p.A., headquartered in ...
Tags: Pump, Industrial Equipment, Components