LAS VEGAS—International Market Centers today announced strategic modifications,including promotions,lateral moves,and new appointments,to streamline its gift and home decor team.The changes,which are effective immediately,will create ...
Tags: gift, home decor, direct leasing
Britain's biggest food manufacturer has unveiled plans to close two bakeries and four distribution centres with the loss of 900 jobs from its bread division. Premier Foods plans to close its Greenford bakery site in west London and its ...
IDG News Service - Japan's Sharp, struggling with deep losses and searching for a financial savior, has cut short an early retirement program after being flooded with volunteers. The company said Tuesday that it ended the program after a ...
Sales in Staples' international operations for the third quarter were down 12 per cent to US$1.1 billion, reflecting weak sales in Europe and Australia. Economic weakness drove declines in the company's European delivery businesses, as ...
Siemens has decided to reorganize its activities in the water business. The company intends to focus in the future on automation and drive solutions for the control of water applications for municipalities and industry. The Business Unit ...
Tags: market view, Water Treatment
Xerium Technologies Inc, a leading global manufacturer of clothing and roll covers used primarily in the paper production process, announced that it has initiated consultation proceedings with the works council at its Huyck Wangner forming ...
Tags: Xerium Technologies Inc, clothing manufacturer, Huyck Wangner, textile
Klenk Holz is launching a new search for investors and has taken Dr Hans Peter Dohmen, the new chief restructuring officer (CRO), on board for this purpose. The declared aim of the procedure is to find a buyer in the framework of a share ...
Tags: market view, wood
Sears Canada Inc.announced its unaudited third quarter results.Total revenues for the 13-week period ended October 27,2012 were$1,037.5 million compared to$1,113.2 million for the 13-week period ended October 29,2011,a decrease of 6.8%.Same ...
The NSG Group announced intentions to reduce production capacity of its European architectural glass business, and will shut down two float lines, one in Sweden and one in Italy. The closure of the float line in Halmstad, Sweden, is ...
Tags: market view, float line
MISSISSAUGA, Ontario --- Its short-term consumer loan operations continue to drive growth for Easyhome in the third quarter as its core merchandise leasing business suffered a slight setback during the period, even though furniture sales ...
Japanese consumer electronics firm Panasonic is to axe 8,000 jobs by the end of March 2013 as it continues its restructuring plans. The company has already axed 38,800 staff in a bid to return to profit, and the additional cuts will mean ...
Tags: consumer electronics, Panasonic, Sharp, AMD, job cuts, LCD panels
PILKINGTON owner Nippon Sheet Glass has gone into the red and shed 1, 750 jobs worldwide this year as it restructures to cope with the effects of the global recession. The group, which employs some 1, 600 people across its sites in St ...
Tags: market view, Sheet Glass
IDG News Service - Texas Instruments will lay off 1,700 employees as it refocuses its efforts away from the wireless sector -- including cellphones and tablets -- and toward embedded systems, the company announced Wednesday. The news ...
Tags: wireless, business, third-straight
Finnish timber-giant UPM-Kymmene achieved an improved operating profit of m in its Forest and Timber business division in spite of lower sales and shipments in the third quarter. Without consideration of extraordinarycosts for the ongoing ...
Tags: market view, timber
IDG News Service-Intel is in final negotiations to invest up to$500 million in struggling Sharp of Japan,the Kyodo News agency reported Tuesday. Japan's largest news agency said the companies were discussing an investment of between 30 ...
Tags: Intel, invest, Sharp, IGZO technology