IDG News Service - Japan's Sharp, struggling with deep losses and searching for a financial savior, has cut short an early retirement program after being flooded with volunteers. The company said Tuesday that it ended the program after a ...
HP has reported almost across-the-board declines in revenue in its fourth-quarter and full-year results,which were capped by claims of accounting irregularities at Autonomy,the intelligent-search software vendor it acquired ...
Tags: HP, Serious Fraud Office, total sales, Software
WASHINGTON — November 19, 2012 — NCTO Executive Committee Member and CEO of Frontier Spinning Mills, John Bakane was recently appointed to serve as the U.S. textile industry representative on the Export-Import Bank (Ex-Im Bank ...
Tags: NCTO, EX-IM BANK, Cone Denim, textile industry
Textile manufacturing companies have never been darlings of Indian stock markets, mainly because of their capital intensive and cyclic nature of the business. However, Indian textile firms which are in to branding of fabrics and apparels ...
Tags: textile firms, Mandhana, textile, fabric
Network equipment supplier Cisco is buying US cloud networking firm Meraki in a$1.2bn deal. Cisco,which is keen to raise its profile in cloud computing,said the acquisition will help accelerate its evolution to software-centric offerings ...
Tags: Cisco, buys cloud networking company, Meraki
IDG News Service-Cisco said Sunday it intends to acquire Meraki,a vendor of technology for cloud based management of wireless LAN,security appliances,and mobile devices for US$1.2 billion in cash and retention-based incentives. The ...
Tags: Cisco, acquire Meraki, wireless LAN, San Francisco
Canadian retailer Metro Inc has reported higher annual profits - and seen sales in its most recent quarter outstrip rival Loblaw. Metro's full-year earnings were boosted by its acquisition of local rival Marché Adonis and higher ...
Tags: retailer, Metro, annual profits, full-year earnings
A rendering shows the larger store Ikea plans to build in Burbank, Calif. CONSHOHOCKEN, Pa. --- Ikea plans to open a new 470,000-square-foot store in Burbank, Calif., in the fall of 2016, which will be nearly twice the size of the ...
SAN FRANCISCO --- Driven by its Pottery Barn, West Elm and Pottery Barn Kids brands, retailer Williams-Sonoma said profits rose 12.6% in the quarter ended Oct. 28 on an 8.9% jump in sales. The company said all three recorded double-digit ...
Tags: Williams-Sonoma
Cisco has bought software company Cloupia for $125m, making it the networking giant's eighth acquisition of 2012. The Santa Clara-based software firm specialises in automating datacentre hardware, giving businesses an overview of their ...
Cisco has bought software company Cloupia for$125m,making it the networking giant's eighth acquisition of 2012. The Santa Clara-based software firm specialises in automating datacentre hardware,giving businesses an overview of their ...
Tags: Cisco, Buys Cloupia, 125m dollars, networking giant's eighth acquisition
New Zealand meat processor Silver Fern Farms has booked a loss in the year to the end of September as higher lamb prices hit global demand. The company racked up a net operating loss of NZ$31.1m (US$25.4m) in the 12-month period, down ...
Tags: meat processor, lamb, net operating loss, farm
Siemens will cut $7.67 billion in costs by 2014 and will sell several assets, in an effort to improve financial returns to shareholders, according to the Wall Street Journal. The company reported a 27 percent drop in fiscal year profits, ...
Cisco has reported an 18% year-on-year rise in profits, hitting $2.1bn for the first quarter of its fiscal year 2013. Cisco's sales for the quarter came in at $11.9bn – equating to a more modest growth of 5.5% compared with 2011 ...
Tags: Cisco, year-on-year rise, John Chambers, cloud and mobility
After leaving--or losing--his job at Microsoft.Steven Sinofsky will probably not be standing in an unemployment line. The 23-year veteran of Microsoft,and until Monday,its top Windows executive,has nearly 650,000 shares of company ...
Tags: U.S., Sinofsky, Microsoft, Microsoft Stock