Hewlett-Packard has no plans to launch a smartphone next year but will need to sell one eventually to avoid missing out on "a huge segment of the population," CEO Meg Whitman said Wednesday, clarifying remarks she made last month. Whitman ...
Tags: HP, Smartphone, CEO, Meg Whitman
Marissa Mayer has her work cut out for her at Yahoo. The fading Internet star reported its second-quarter financial results Tuesday, in which revenue and profit both dipped slightly from a year earlier. Subtracting commissions paid to ...
Tags: Marissa Mayer, Yahoo, financial results, Q2
Samsung is considering buying Research in Motion or licensing RIM's BlackBerry 10 operating system, Jefferies analyst Peter Misek wrote in a note to investors this week. "Among other options, we believe Samsung is considering ramping up ...
Tags: Samsung, RIM, BlackBerry 10, operating system
In terms of mergers and acquisitions, restructuring, portfolio changes and investment projects, one of the most active sectors in the European coatings supply chain is dispersions. Despite a slow growth in demand for coatings, ...
Tags: coatings supply, European, VOCs, dispersions market
The coatings industry in Europe has been bracing itself for an extremely difficult 2012 in which much of the region will be suffering from the effects of a severe economic downturn mainly due to the impact of the troubles with the euro on ...
Tags: coatings industry, Europe, OECD, severe economic downturn
Fiscal 2013 Second-quarter Highlights(%cited vs.year-ago period amounts,where applicable): Diluted EPS from continuing operations of$0.51 as reported and$0.57 adjusted for items impacting comparability,up 19%as reported and up 16%on a ...
Tags: consumer foods, commercial foods, ConAgra Foods, profit
In pursuance to the Budget announcement(2011-12),'Revival,Reform and Restructuring package for"Handloom Sector",having financial implication of Rs.3884 crore,has been approved by the CCEA on 24.11.2011. Of this Rs.3884 crores,Government ...
Tags: Budget announcement, Handloom Weavers Loans, Handloom Sector
Phillips-Van Heusen Corporation (PVH Corp.) and The Warnaco Group Inc. announced that they have entered into a definitive merger agreement pursuant to which PVH will acquire Warnaco and holders of Warnaco common stock will receive $51.75 in ...
Tags: Phillips-Van Heusen Corporation, Warnaco Group Inc, Calvin Klein
J. C. Penney Company Inc. announced financial results for its fiscal third quarter ended October 27, 2012. For the quarter, jcpenney reported a net loss of $123 million or $0.56 per share. Excluding the net gain on the sales of non-core ...
Tags: Ron Johnson, new jcp, J.C.Penney Company Inc, store sales
Motorola Mobility is cutting 4,000 employees as the company shifts its emphasis from feature phones to focus on high-end devices, the company said late Sunday. About two-thirds of the staff reduction is set to occur outside the U.S., the ...
Tags: Motorola Mobility, employees, feature phones, high end devices
GT Advanced Technologies (NASDAQ: GTAT) announced its guidance range for the fourth quarter ending December 31, 2012 and provided its preliminary outlook for fiscal year 2013 ending December 31, 2013. For Q4CY12 and CY12 the company ...
The DIY-store group Praktiker and its major shareholders achieved a compromise at the shareholders' meeting on 4th July 2012. Thus the Praktiker executive board got agreement for its restructuring concept drafted essentially in ...
Tags: Praktiker, German, shareholders'meeting
Companies belonging to the Swedish Karlit group filed a bankruptcy application with a court in Uppsala after restructuring attempts made in recent weeks led down a dead-end street. A court-led reorganisation (Företagsrekonstruktion) ...
Tags: Swedish, Karlit group, bankruptcy, MDF
NEXUS Energy has exercised an option to sell a $75 million stake in the Crux gas and liquids field in Western Australia's offshore Browse Basin to the field's operator, Royal Dutch/Shell. The move will drop Nexus's stake in Crux from 17 ...
Pfleiderer AG filed an insolvency plan with the Düsseldorf District Court on 3 August 2012. Drafted in recent months, the plan indicates that original capital measures will take effect after all with a number of changes. These measures ...
Tags: Pfleiderer AG, nsolvency, Düsseldorf, plan