The company expects revenue of about $13.6bn, plus or minus $500m for Q4 2012 Intel has reported a revenue of $13.5bn for the third quarter of 2012, compared to $14.23bn it reported during the corresponding quarter in 2011. The ...
Tags: Intel, net income, operating income, Ultrabooks, phones
US distributor United Natural Foods (UNFI) has booked an increase in earnings for fiscal 2012. In the 12 months ended 28 July, net profit amounted to US$91.3m compared to $76.7m a year earlier, the company reported today (11 September). ...
Tags: United Natural Foods, earning rise, food market, food industry
As LG has been contracted to supply 60% of the LCD screens used in iPad minis, TSMT is tantamount to filling most of iPad minis need for backlight light bars with LG's contracts. AU Optronics Corp. (AUO) supplies the remaining 40% of the ...
Tags: TSMT, LG, LED Light Bar PCB Contract
US baker Flowers Foods has reported a slight lift in third-quarter earnings, which were boosted by "solid" sales gains. In a regulatory filing yesterday (8 November) the company said net income rose to US$31.2m in the three months to 6 ...
Tags: baker Flowers, Flowers Foods, Flowers, Foods
Swiss food ingredients group Givaudan has booked an increase in first-half profits. In the six months to the end of June, net profit increased 67.5% to CHF201m (US$207.9m). Operating profit amounted to CHF295m, a 27.7% increase on the ...
Tags: food ingredients, flavours, fragrances, net profit
AMD is anticipating gross margin to be 31% less during the third quarter. Chip maker Advanced Micro Devices (AMD) is planning to lay off nearly about 2,340 jobs, 20% to 30% of its total workforce of about 11,700. The Chip ...
Tags: AMD, lay off, reduce operating expenses
Shares in Belgian retailer Colruyt fell today (3 December) after the company's half-year core profits missed analyst forecasts. Colruyt booked EBITDA of EUR322.2m (US$420.9m) for the six months to the end of September on Friday, up 1.6% ...
Tags: EBITDA, gross margin, market share
Shares in Kettle Chips owner Diamond Foods tumbled today(10 December),the first day of trading after the US snack group reported a fourth-quarter loss. Diamond's stock was down almost 9%today after the company booked a loss of US$32.9m ...
Tags: Diamond Foods, stock, financial results, loss
US regional retailer Spartan Stores today (1 August) reported pressure on first-quarter profits, citing "challenging" trading conditions. Spartan posted net earnings of US$6m for the 12 weeks to 23 June, matching the result in last year's ...
American Lorain has booked a 14% increase in second-quarter sales, driven by increased sales of its convenience and frozen food products. In an announcement today (14 August), the company said sales increased 14.2% to US$35.7m in the ...
Tags: convenience food products, frozen food products, food products, food
Canadian c-store chain Couche-Tard has booked an increase in first-half profits boosted by acquisitions. In the 24 weeks ended 14 October, earnings amounted to C$278.1m (US$279.7m), a 9.9% increase on the prior year period. The group said ...
Tags: acquisition, Couche Tard
Taiwan-based LED epitaxial wafer and chip maker Epistar has received more orders than originally expected for LED chips used in backlight units (BLUs) from South Korea-based LCD TV vendors in December, according to the company. Due to ...
Tags: Epistar, TV, LCD TV, LED chips, BLUs, more orders, CD TVs
Rubicon Technology, Inc. (NASDAQ:RBCN), a leading provider of sapphire substrates and products to the LED, RFIC, semiconductor, and optical industries, reported financial results for its third quarter ended September 30, 2012. The Company ...
Tags: LED, North America, Rubicon Technology Sapphire Crystal, lighting
For third-quarter 2012, GaAs-based broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA has reported net sales of $28.6m, down 23.1% on $37.3m a year ago but up 14.1% on $25.1m last quarter. ...
Tags: wireless ainfrastructure, CATV infrastructure, wireline communications
China-based Sanan Optoelectronics recently announced it was buying up shares of Taiwan-based Formosa Epitaxy. Cooperation between the two firms can achieve benefits such as economies of scale. In 2012, Sanan has a total capacity of 144 ...