Hewlett-Packard is taking an $8.8 billion charge as a result of what it called serious accounting improprieties that occurred at U.K. software company Autonomy before it acquired the firm in 2011. Taking the charge into account, HP ...
Tags: HP, software, enterprise search engine, PC
US retailer Target Corp. has booked a jump in third-quarter profits, which benefited from higher sales and one-off gains. In a filing yesterday (15 November) Target said it had earned US$637m, or $0.96 per share, in the third quarter ...
Tags: jump in profits, retailer, stocks, higher sales
Klenk Holz is launching a new search for investors and has taken Dr Hans Peter Dohmen, the new chief restructuring officer (CRO), on board for this purpose. The declared aim of the procedure is to find a buyer in the framework of a share ...
Tags: market view, wood
ATLANTA --- Havertys' board is rewarding the Top 100 retailer's stockholders with a special dividend of $1 per common share and 95 cents per Class A common share, the company announced Tuesday. The amounts are in addition to the regular ...
Tags: board
The global LED market has seen rapid growth in recent years and sentiment remains strong in view of the Chinese market's huge potential. LED chip supplier Formosa Epitaxy Inc said yesterday it planned to issue new common shares to ...
Tags: LED
Outdoor adventurers from the Kitsap Peninsula can enjoy great gear and apparel through a new Recreational Equipment Inc.(REI)store in Silverdale,Wash.,opening in the fall of 2013. The 24,500 square-foot store will be located at the ...
Tags: Outdoor adventurers, gear, apparel, REI
Even today some 3 to 4% of the glass produced worldwide is used in the solar industry. With average annual growth rates of 20% to 25% this proportion is set to rise consistently. Despite price dumping and excess capacities the prospects for ...
Tags: industry trends, Solar Glass
The Bossard Group acquired the fastening division as KVT Koenig Group, Bossard CEO David Dean announced. KVT Fastening supplies fastening and sealing applications in German-speaking countries. The division has 230 employees in Germany, ...
Tags: Industry Trends, Fasteners
US chocolate manufacturer Hershey reported that its net income decreased 10.16%to$176.7m for the third quarter ended 30 September 2012,compared to$196.7m in 2011,due to acquisition and realignment efforts. The quarter included charges ...
Tags: net income, acquisition, realignment, macroeconomic challenges
For third-quarter 2012,epitaxial deposition and process equipment maker Veeco Instruments Inc of Plainview,NY,USA has reported total revenue of$127m,while its adjusted EBITA(earnings before interest,income taxes and amortization)and ...
Tags: Veeco, revenue and earnings, NY
CORTE MADERA, Calif. -- Restoration Hardware says it expects its planned initial public offering of stock will be priced at $22 to $24 per share, raising about $114 million to $124 million for the home furnishings retailer. Restoration ...
Tags: Hardware
Ten start-up companies from media and B2B sectors will be chosen to receive a share of £1m, as well as management and mentoring from UK brands. Start-up tech companies in England have the opportunity to apply for a new accelerator ...
Tags: start-up companies, opportunity, new accelerator programme, incubator
Sales of Caterpillar Inc.'s (CAT) construction and mining equipment slowed throughout the world, rising 6% in the three months to the end of September. It was the 28th-straight three-month period of retail-sales expansion for the world's ...
Tags: Market View, Mineral Machinery
Dubai-based leading fashion retail group H2 Fashion has registered robust growth of more than 400 percent in the Arab fashion industry over the past 10 years. With several leading global brands setting up their stores in the country, UAE ...
Tags: fashion retail group, fashion industry, UAE
Consumers in the higher income groups formed over 50%of the Brazilian fish&seafood market,with the better off section holding 28%and the affluent 23%,finds a report by Canadean--Food. According to the report,Consumer Trends in the ...