Erdemir, the largest steelmaker in Turkey released its financial result for the first quarter of this year. The company posted net profits of TRY 228.25 million for the first quarter of this year, soaring by 84.14% year on year. In the ...
Tags: Erdemir, steelmaker, steel
One of the leading denim manufacturers in India, Suryalakshmi Cotton Mills Ltd, reported its annual audited profit & revenue numbers with a 5.11 % rise in revenue and a robust 7.28 % jump in the net profit for the year ended on March 31, ...
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Multinational insurance holding company AmTrust Financial Services has purchased Mutual Insurers Holding Company (MIHC) and its subsidiary, First Nonprofit Insurance Company (FNIC). Headquartered in Chicago, Illinois, FNIC offers low ...
Tags: insurance carrier, insurance
According to the latest research from Strategy Analytics, global Android smartphone profits reached US$5 billion in total during the first quarter of 2013. Samsung dominated and captured an impressive 95 percent share of all Android ...
Tags: Samsung, Android Smartphone Profits, Consumer Electronics
All organizations operate to earn profits by selling their products or services. The quality of product or service offered determines the success of any business. Thus, companies undertake extensive research and development work when they ...
An appeals court in Mexico has overturned an approximately US$2.7 billion judgment against Yahoo and Yahoo Mexico in a breach-of-contract suit concerning online directories. Yahoo announced on Thursday it had won its appeal of the case in ...
Tags: Yahoo, Appeal, Mexican Court
Dell reported another quarter of declining profits and revenue Thursday as CEO Michael Dell continues his fight to take the company private. Dell's profit for the quarter, ended May 3, was $130 million, down 79 percent from $635 million a ...
Tags: Dell, PC, Computer Products
Taiwan-based LED optical lens maker, Ledlink Optics, saw its first-quarter gross margin fall to 43%. According to Telung Tang, CEO of Ledlink, performance in the second quarter is expected to show growth and mass production of LED ...
Tags: LED Lighting, Lighting
The Chinese government has been cutting back on subsidies to manufacturers of LED chips, a reason some companies are blaming for their poor first quarter results. This points to a change in approach to policies over the once-hyped sector ...
Tags: LED industry, LED Sector, LED
CasinoWebScripts has announced the release of its latest adrenaline-filled multiplayer arcade horse racing game, "Lucky Horse Derby." This game features all the necessary ingredients that make it resemble an authentic horse race. The most ...
Indorama Ventures Public Company Limited (IVL), the world’s largest PET Company, achieved sales revenue of approximately US$ 1.9 billion in the first quarter of 2013, compared to US$ 1.6 billion revenue reported in the fourth quarter ...
Tags: Textile, Indorama Ventures
Vietnamese Prime Minister Nguyen Tan Dung has agreed in principle to the construction of a huge refinery and petrochemical complex by Thailand's PTT in the central Vietnamese province of Binh Dinh, a senior regional politician said Sunday. ...
Tags: PTT Vietnam, PTT
c, during which over $233,000 (OR: 90,000) was taken. In a brief statement to the Muscat Securities Market, the firm s chief executive officer Jamal Shamis Al Hooti said that burglars broke into the the firm s sales department and stole ...
Tags: Oman Cement, Cement
A battle for US computer giant Dell has heated up as corporate raider Carl Icahn and other investors made a new offer and called a planned buyout led by company founder Michael Dell a "giveaway". The investor group, which holds around 13 ...
Tags: Dell, Computer Products
The stockmarket was awash with fresh optimism that the dollar may finally be on a sustained decline as it plays catch-up to the fall in interest rates and commodity prices, reversing a major earnings headwind several sectors have faced for ...