Mazda Motor Corp. has appointed a new CEO just days after announcing its first annual profit in five years. Production and purchasing guru Masamichi Kogai will assume the title of Mazda president and CEO from June 25, replacing Takashi ...
Tags: Mazda, Auto, Transportation
Hampshire Group, Limited announced its results for the first quarter ended March 30, 2013. Net sales for the 2013 first quarter were $19.9 million compared to $22.6 million in the first quarter of 2012. The loss from continuing operations ...
Tags: Hampshire Group, Apparel
Chinese solar cell and module maker Suntech Power Holdings Co., Ltd. (NYSE: STP) owed nine banks a total of CNY 7.1 billion. It released financial forecasts for the fourth quarter of 2012 on May 2 and according to the forecasts, the ...
Tags: Service, Metallurgy, Mineral, Energy, solar
As part of an ongoing restructuring, EMC reported today that it will lay off more than 1,000 employees worldwide. The company reported in its latest 10-Q filing with the U.S. Securities and Exchange Commission that in the first quarter of ...
Tags: Computer Products, software
A growing trend among industrial companies is to develop strategies for giving priority to specific customer sectors rather than types of products. European companies offering both coatings and speciality chemicals have been becoming ...
Tags: Coatings, Construction
Parliamentary Standing Committee report on Labour has criticized the Indian Textiles Ministry for its failure to use the budgetary grant of Rs. 70 billion for 2012-13, which was later revised to Rs. 45 billion. In its report submitted ...
Tags: Textiles Ministry, Textiles
Checkpoint Systems, Inc. reported financial results for the first quarter ended March 31, 2013. These results reflect the U.S. and Canadian CheckView business as discontinued operations. First Quarter GAAP Results - Continuing Operations: ...
Tags: Checkpoint Sales, Textile
Duisburg, Germany-based steel and metal distribution company, Klockner & Co., has reported a net loss of €16 million for the first quarter of the current year, compared to the net loss of €12 million in the corresponding quarter ...
Tags: Ebitda Guidance, Mineral
Nobia AB is meanwhile considering making further acquisitions with a view to penetrating new markets. CEO Morten Falkenberg explained the background to these considerations at an analysists' conference held on 30 April 2013 to discuss ...
Tags: Acquisitions, Construction
For first-quarter 2013, First Solar Inc of Tempe, AZ, USA – which manufactures thin-film photovoltaic modules based on cadmium telluride (CdTe) as well as providing engineering, procurement & construction (EPC) services – has ...
Tags: Solar Reports, Electronics
UK-based etch, deposition and growth system maker Oxford Instruments Plasma Technology (OIPT), part of Oxford Instruments plc, says it is restructuring to sharpen its focus on main target customer groups and build existing strengths. ...
Tags: Oxford, Instruments, Electronics
As a result of renewed focus and restructuring over the past few years, BP now will direct as much as 75-80% of its capital expenditures to upstream projects over the next decade, BP's chief executive of upstream said Monday. The world ...
The California-based assembler of the Chinese-made Coda electric car has filed bankruptcy. Coda Holdings, Inc. filed a voluntary petition for Chapter 11 bankruptcy protection with the District of Delaware overnight, which is intended to ...
Tags: electric vehicles, Coda Files
Clariant reported first quarter sales 2013 from continuing operations of CHF 1.526 billion compared to CHF 1.513 billion in the previous-year period, an increase of 2% in local currencies and 1% in Swiss francs. Organic growth of 2% was ...
Tags: Clariant, Construction
Huntsman Corporation reported first quarter 2013 results with revenues of $2,702 million and adjusted EBITDA of $220 million. First Quarter 2013 Highlights -Adjusted EBITDA was $220 million compared to $407 million in the prior year ...
Tags: Revenues, Huntsman Textile