Oclaro Inc of San Jose, CA, USA (which provides lasers and optical components, modules and subsystems for optical communications) has appointed Pete Mangan, a 30-year technology finance veteran, as chief financial officer (effective 11 ...
Tags: Electrical, Electronics
Nokia has announced an increase in sales of its Lumia Windows Phone devices to 8.8 million units and posted a surprise €118m profit for its third quarter. However, Nokia's re-acquaintance with profitability was largely due to savage ...
Tags: Computer Products, nokia, smartphone
Navistar has announced its International LoneStar is now available with the Cummins ISX15 engine, completing the truck maker's transition to an SCR heavy-duty product line. Navistar began its transition to selective catalytic reduction ...
Tags: Transportation, Auto Parts, truck
The QBE North America Claims organization has partnered with Sedgwick Claims Management Services, Inc. (Sedgwick), to be the third party administrator associated with QBE's new claims administration model. Chief Claims Officer for QBE ...
Tags: Service
Covidien, a provider of healthcare products, has entered into a definitive agreement with Integra LifeSciences to sell its Confluent Surgical product line. Under the terms of the agreement, Covidien will receive an initial cash payment of ...
G&K Services, Inc. announced that Jeffrey L. Wright plans to retire as Executive Vice President and Chief Financial Officer. The company is beginning a search for his successor, considering both internal and external candidates. To ensure ...
Tags: G&K Services, Wright
Sears Canada Inc. announced that it will terminate its leases in respect of five stores for a total consideration of $400 million. The agreement is definitive and only subject to customary closing conditions. The transaction is expected to ...
Tags: Sears Canada, Apparel Stores
BASF Coatings Japan Ltd. has been granted a patent for a clear paint composition comprised of an acrylic copolymer comprised from 35%-50% weight caprolactone structural units, based on the resin solid fraction, a hydroxyl group number of ...
Tags: Coatings, BASF, Construction
German industrial specialty glass products manufacturer Schott will unveil its new concept of ready-to-use pharmaceutical vials, adaptiQ. The adaptiQ is combination of a holder that can contain about 100 vials securely fixed inside a ...
Tags: Schott, Packaging Concept
Superior Uniform Group, Inc., manufacturer of uniforms, career apparel and accessories, announced that for the third quarter ended September 30, 2013, net sales were $44,184,000 compared with 2012 third quarter net sales of $30,599,000. Net ...
Tags: Superior Uniform, career apparel
F5 Networks has used GITEX to big up its cloud credentials this week, as it seeks to educate customers about the reality of doing business on the cloud. According to Vincent Lavergne, Senior Pre Sales Manager, South EMEA, F5 hopes to ...
Tags: F5 Networks, Cloud Computing
Beam, a leading global premium spirits company, announced the sale of its bottling plant in Lewiston, Maine, to a subsidiary of Sazerac, a leading spirits company. Beam took ownership of the plant at the same time it acquired Pinnacle ...
Tags: Bottling Plant, premium spirits
Austria-based steelmaker voestalpine has announced that it is building Europe's most modern wire rolling mill at its Leoben-Donawitz site in Austria. The company expects to complete the construction by 2016. The wire rolling mill will ...
Tags: steel, Metallurgy, Mineral, Energy
Quality Bicycle Products and Ridley Bicycles are ending their distribution agreement Feb. 1. QBP had distributed Ridley's road and cyclocross bikes in the U.S. market since 2009. QBP will continue to support dealers and promote the Ridley ...
Tags: Transportation, bike
China's natural gas industry will continue to grow at a high speed through 2025 with clean energy-driven power generation showing increasing importance, bringing opportunities to both foreign and domestic companies. As the economy grows ...
Tags: Natural Gas, Clean Energy