Qantas has announced a series of changes to its international network, as part of a phased approach aimed at improving its profitability on the routes between Australia and Asia. The changes – the first of which take effect from 31 ...
Tags: Qantas Revamps, Asia, Service
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
Aluminium can maker Ball reported Q4 income of $60.6m, down from earnings of $77.5m, in the fourth quarter of 2011. Sales were $2.11bn in Q4, compared with sales of $2.05bn in the fourth quarter of 2011. Fourth quarter earnings were ...
Tags: US, Pack Firms, packaging segment
SAP plans to extend its CRM offering with the acquisition of Ticket-Web, a German specialist in online ticketing for sports and entertainment venues. Ticket-Web has two main product lines: Entree Tickets and Entree CRM. Entree Tickets is ...
Tags: SAP, Ticket-Web, acquisition, online ticketing
The Wet Seal, Inc. a leading specialty retailer to young women, announced a corporate workforce reduction and certain other cost-saving and investment initiatives. The Company also announced the resignation of President and Chief Operating ...
Full year 2012 earnings from continuing operations attributable to the Company were $1.12 per share (diluted), compared with a loss of $3.06 per share in 2011. Excluding certain items management considers not representative of ongoing ...
Tags: share, earnings, Interest expense
Computer Generated Solutions (CGS), a leading global provider of technology solutions and services, announced that they will be participating in this year’s ExpoProducción event at the World Trade Center in Mexico City, Mexico ...
Tags: CGS, technology solutions and services, ExpoProducción event
General Motors has appointed former Volkswagen chief Dr Karl-Thomas Neumann to the role of CEO of its European operations, Opel. Neumann, 51, becomes chairman of the management board of Adam Opel AG, effective March 1, 2013, as well as ...
Tags: Opel, Neumann, Head European Operations
Jeff Hoffman has been named president of Staco Energy Products Co. effective immediately. Hoffman’s background includes various positions in sales, marketing and executive management at companies such as United Technologies, Emerson ...
Tags: Jeff Hoffman, Staco manufactures, power quality solutions
The American Apparel & Footwear Association (AAFA) released three new resources designed to assist U.S. apparel and footwear companies as they navigate mounting social responsibility reporting requirements and other important social ...
Tags: apparel sector, Footwear, footwear industry
On January 31, Beijing-based Chinese steelmaker Shougang Co., Ltd issued its preliminary financial results for 2012. Accordingly, Shougang has posted an estimated net loss of RMB 300-400 million ($48-64 million) for 2012, compared to a ...
Tags: Beijing, steelmaker, Shougang, preliminary financial results
On January 31, Shandong Province-based Shandong Iron and Steel Co. issued its anticipated financial results for 2012. Accordingly, Shandong Steel has estimated a net loss of RMB 3.57 billion ($568 million) for 2012, compared to a net ...
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
The rigid plastic packaging firm published its interim management statement this morning (31 January). In its statement, the company said: “When adjusted for this effect, profitability during the period on a constant currency basis ...
Tags: rigid plastic packaging, RPC, Q3, Operating Profit
On January 31, Anhui Province-based Chinese steelmaker Ma’anshan Iron and Steel Co. (Masteel) issued its anticipated financial results for 2012. Accordingly, Ma’anshan Steel has estimated a net loss of RMB 3.72-3.95 billion ...
Tags: Masteel, steelmaker, Steel