US chip giant Intel said Friday it will trim its workforce by five percent this year as it shifts from personal computers to powering mobile gadgets. Word of the job cuts came a day after Intel reported that its net profit last year sank ...
Hershey's, a US-headquartered chocolate manufacturer, has unveiled a new line of Hershey's Spreads, including Chocolate, Chocolate with Almond and Chocolate with Hazelnut. The new spreads are claimed to turn any food into a unique ...
Mounty Airy, North Carolina-based Insteel Industries reported Thursday net earnings of $2.7 million for the first quarter of fiscal 2014 (ended December 28, 2013), compared to $2.4 million in the same quarter of the previous year. Net sales ...
Tags: Insteel Industries, Mineral
Digitalisation – the third era of enterprise IT – has begun, but most CIOs do not feel prepared for this next era, according to a global survey of CIOs by Gartner. The survey shows many CIOs feel overwhelmed by the prospect of ...
J. C. Penney Company, Inc. announced that as part of its turnaround efforts, the Company will be closing 33 underperforming stores across the country in order to focus its resources on the Company's highest potential growth opportunities. ...
Tags: J.C.Penney, Gateway II, Myron E.(Mike)Ullman, Brooklyn, N.Y
Shipments of application processors for smartphone applications to China grew 2.4% sequentially and 20.8% on year in the fourth quarter of 2013, according to data compiled by Digitimes Research. MediaTek saw its AP shipments decline 3.9% ...
Tags: Smartphone, TD-SCDMA
Best Buy said declines in digital imaging, movies and MP3 players led a 1.5 percent dip in domestic holiday sales, to $9.8 billion for the nine weeks ending Jan. 4. The retailer also lowered its fourth-quarter and full-year earnings ...
Tags: Consumer Electronics
Intel's fourth-quarter net income rose 6 percent, as the company offset flat demand for its personal computer chips with higher sales of other products. The world's largest chipmaker earned $2.63 billion, or 51 cents per share, up from ...
Tags: Consumer Electronics, Electronics
Brigus Gold Corp. ("Brigus" or the "Company") (NYSE: BRD) (TSX: BRD) is pleased to report annual production of 98,710 ounces of gold from its Black Fox mine, including fourth quarter production of 21,916 ounces of gold. Production ...
Tags: Brigus Gold, Mineral
Tilly's, Inc., the action sports chain, reported that based on the results for the holiday period, it now expects fourth quarter results to be in the mid range of its previously communicated outlook for both comparable store sales and ...
Tags: Tilly, holiday period, comparable store sales, comparable store earnings
Nautilus, Inc. said it expects to report net sales of approximately $77.1 million for the fourth quarter of 2013, an increase of 18.5 percent compared to the fourth quarter of 2012. Non-GAAP fully diluted earnings per share from continuing ...
Lululemon Athletica Inc. lowered its net revenue and earnings guidance for the fourth quarter ended Feb. 2 by roughly 4 and 9 percent respectively due to a pronounced deceleration in traffic and sales since Dec. 31. The famous yoga brand ...
Vancouver, British Columbia-based Canadian iron ore exploration company Alderon Resources Corporation has announced that its Kami iron ore project in western Labrador has cleared the environmental assessment of the government of ...
Covenant Transportation Group Inc. said it expects fourth-quarter 2013 net income of 18 cents to 22 cents a share, compared with 10 cents a share in the previous year's quarter. Covenant attributed the improved earnings forecast to higher ...
Tags: Transportation
Last July's USDA Cattle Inventory Report fell to the budget ax due to sequestration. Without that mid-year snapshot on the health of the U.S. cattle industry, Jim Robb, executive director of the Livestock Market Information Center, says the ...
Tags: USDA Cattle Inventory Report, U.S.cattle industry, Jim Robb, cow herd