China's economic growth slowed down in 2012, and the growth rates of shipbuilding, construction steel structure, oil and gas pipeline industries decreased to varied extent, thus causing the weakened demand for welding & cutting equipment. ...
Tags: China, Inverter Welding and Cutting Equipment Industry, 2012
Facebook posted a revenue increase of 40 percent in the fourth quarter as the number of daily mobile users exceeded daily Web users for the first time ever, the company reported. Revenue for the social networking company rose to US$1.59 ...
Tags: Facebook, mobile users, Web users
US food manufacturer Lancaster Colony has recorded an increase in first-half profits, boosted by sales growth in both of its divisions. Earnings in the six months to the end of December amounted to US$61.9m, a 20% increase on the ...
bebe stores, inc. announced unaudited financial results for the second quarter ended December 29, 2012. Net sales for the second quarter of fiscal 2013 were $135.5 million, a decrease of 10.9% from $152.0 million reported for the second ...
US chocolate manufacturer Hershey has reported that its net income increased by 5.4% to $149.8m for the fourth quarter ended 31 December 2012, compared to $142.1m for the correspond period in the previous year. For the period, the ...
Tags: chocolate manufacturer, sales, net income
Facebook mobile revenues doubled in Q4 2012, beating analyst expectations. Mobile Facebook users have exceeded desktop users for the first time in Q4 2012. In December 31, 2012 the social network had 680 million monthly active users, an ...
Tags: Facebook, mobile revenues
For its fiscal second-quarter 2013 (to end-December 2012), LED lighting giant Cree Inc of Durham, NC, USA has reported revenue of $346.3m, up 14% on the same quarter of 2012 ($304.1m) and up 10% on Q1/2013’s $315.8m. On a non-GAAP ...
Tags: Cree, LED lighting, revenue
Despite some caution about the fortunes of BlackBerry, Facebook and Apple, solid financial results from tech vendors coupled with positive reports about the economy are boosting confidence in IT, with share prices of computer, consumer ...
John B. Sanfilippo & Son was able to report higher first-half sales and earnings, despite volume and value declines in the second half. The company said yesterday (30 January) that first-half net sales increased to US$393.1m, up from ...
Under Armour, Inc. announced financial results for the fourth quarter ended December 31, 2012 -Fourth Quarter Net Revenues Increased 25% to $506 Million; Full Year Net Revenues Increased 25% to $1.835 Billion -Fourth Quarter Diluted EPS ...
Tags: Under Armour, Q4, 2012
London-listed Ukrainian dairy firm Ukrproduct said it is expecting an "encouraging" improvement in performance year-on-year when it releases its full-year earnings figures in April. The company said today (31 January) it expects sales and ...
Tags: dairy firm, dairy sector, cheese exports
Property and casualty underwriter ACE has registered net income of $765m or $2.22 per share, for the fourth quarter of 2012, up by 4% from $735m or $2.15 during the same quarter last year. Income excluding net realized gains or losses ...
Tags: Property underwriter, casualty underwriter, reinsurance
Facebook posted a revenue increase of 40 percent in the fourth quarter as the number of daily mobile users exceeded daily Web users for the first time ever, the company reported. Revenue for the social networking company rose to US$1.59 ...
Tags: Facebook, fourth quarter, mobile pips web
Net income was $151m for the quarter. South Korean chipmaker, SK Hynix, has reported revenues of KRW2.7 trillion ($2.4bn) for the fourth quarter of 2012, up 6%, compared to KRW2.5 trillion ($2.3bn) it reported in the corresponding quarter ...
Tags: chip demand, chipmaker, server products
The online retailer has revealed a steep decline in profits for the end of 2012, whilst reporting a increase in revenues across the three-month period. Amazon announced its net income for the final three months of 2012 as $97m ...