Osram achieved a good performance in a challenging macroeconomic environment in the third quarter of fiscal 2013. Revenue rose 2% year over year on a comparable basis – excluding portfolio and currency effects – to almost ...
The retail arm of Reliance Industries Limited (RIL), Reliance Retail is growing at a high speed. This year, it has already crossed revenues of Rs 10,800 crore and achieved a break-even with an EBITA of Rs 78 crore. It is an achievement for ...
German carmaker Daimler is set to establish a car manufacturing plant in Brazil to produce C-Class model cars in its Mercedes-Benz brand by 2015. As the taxes on foreign vehicles are increasing in Brazil, the auto firm finds it hard to ...
Tags: Daimler, Car Production Plant
Editor's note: This blog post was written by Fred Clements, Executive Director of the National Bicycle Dealers Association. Clements' previous blogs can be read on bikedealerblog. Amazon recently announced it will add 5,000 jobs at ...
Tags: Fred Clements, Amazon
In the course of the first half of 2013, Titan further strengthened its fundamental financial metrics, increasing sales, generating positive free cash flow and further reducing net debt. The robust recovery in the USA and resilient demand ...
Tags: Construction, Decoration
By simply printing out your own shower curtain rings, iPhone case, jewelry organizer or other common products, an average homeowner could recoup the cost of a 3D printer in under a year. That's the conclusion of a study by Michigan ...
Tags: 3D Printers
Two U.S. senators have introduced legislation that would permanently extend a current moratorium on Internet access taxes in the country. The Internet Tax Freedom Forever Act, introduced Thursday, would also extend the U.S. ban on other ...
Tags: Internet Access Taxes
Earnings trend underscores significant progress in corporate reorganization Revenue share of semiconductor-based products above 30 percent for the first time Osram raises earnings outlook slightly for current fiscal year Osram showed ...
Italian insurer The Generali Group has posted net profit of €1.08bn for the first half of 2013, an increase of 28.4% compared to €842m for the same period prior year. Earnings after taxes were €1.16bn in the first half of ...
Tags: Net Profit, insurer
Gildan Activewear Inc. announced its results for its third fiscal quarter ended June 30, 2013. Earnings were a record for a fiscal quarter, and were at the top end of the guidance range which the Company had most recently updated on May ...
Tags: Gildan Activewear, Apparel
Spanish food processing firm Ebro Foods has reported that its net earnings for the first half of 2013 increased 5.5% to €71m, compared with €67.2m for the same period in 2012. For the period, net sales decreased 1.1% to ...
Tags: Ebro Foods, Net Earnings
Fujitsu reported a consolidated net loss of 21.9 billion yen (US$221 million), representing an improvement of 3.5 billion yen compared to the loss posted in the first quarter of fiscal 2012. The operating loss was an improvement over ...
For second-quarter 2013, deposition equipment maker Aixtron SE of Aachen, Germany, has reported revenue of €45.3m, down 1.7% on €46.1m a year ago but up 13% on €40.2m last quarter. The firm also recorded improvements in its ...
Tags: Aixtron MOCVD
Hubbell Lighting today announced an innovative program focused on accelerating the adoption of energy efficient lighting and controls technologies called "createchange". The initiative helps end users see through and beyond what many find ...
In a trading update for first-half 201, epiwafer foundry and substrate maker IQE plc of Cardiff, Wales, UK says it expects first-half performance to be ahead of market expectations, with revenue approaching £63m, EBITDA (earnings ...
Tags: IQE, Electrical