Philips operational results improved by 50% to EUR 875 million, while net income was impacted by significant charges in Q4 • Deal signed to transfer Audio, Video, Multimedia and Accessories business to Funai Electric Co., ...
Tags: Philips, LEDinside, operational results
Cree continues its string of positive financial reports with a primary focus on the LED sector, while more-broadly focused Hubbell, Cirrus Logic, and Rambus all reported growth in the SSL sector. LED-manufacturer Cree reports 10% ...
Tags: LED financial, LED sector, LED, lighting
The mining sector's bellwether companies were all beaten down on Monday after China's premier Wen Jiabao delivered a downbeat outlook for the world's second largest economy adding that there were "new problems" to deal with. China will ...
Tags: China, Coal, Copper, Finance, Iron Ore, Lead, Nickel, Potash, Rare Earth, Zinc
Li Ning Company Limited, one of the leading sports brand companies in China, announced that as part of its broader transformation plan disclosed in July this year, its Board of Directors has approved the management's proposal to launch a ...
Tags: Li Ning Company Limited, sports brand company, Apparel
Philips has released its second quarter and semi-annual results 2012. According to the company, its second-quarter comparable sales have reached to EUR 5.9 billion, increasing by 5%. Other results as following, •Growth led by 7% ...
Tags: Philips, electronics, finacial results
PPR posted third-quarter 2012 revenue of €2.6 billion, up 6.6% versus the same 2011 period on a comparable basis. PPR's Luxury division posted an 11.9% leap in revenue in the third quarter of the year, driving revenue growth for the ...
Tags: revenue, strong performances, luxury and high-end market
Hain Celestial has today (22 August) been announced as the buyer of Premier Foods plc's spreads assets, including brands such as Hartley's jam and Sun-Pat peanut butter. The US food group had been linked to Premier's spreads business, ...
Tags: Hain Celestial, Premier Foods plc, peanut butter, food industry
US organic retailer Whole Foods Market has snapped up leases to six Johnnie Foodmaster's stores in and around Boston. The six stores average 31,000 square feet in size. Whole Foods plans to remodel each location, with the goal of ...
Tags: Whole Foods Market, food market, food industry, food store
US food giant General Mills is to launch around 40 yoghurt products in the US this year. Yoplait USA has lined up a range of new lines like Yoplait Greek 100, Yoplait Simplait, Yoplait Fruplait, Mountain High All Natural Yogurt, and ...
French vegetable processor Bonduelle has booked an increase in full-year earnings, with sales growth outside of Europe offsetting weakness on the continent while cost cutting initiatives and lower financing costs boosted the bottom line. ...
Tags: vegetable processor, net income, Bonduelle
Esprit Holdings Limited,one of the world's leading fashion brands,announced the annual results of the Company and its subsidiaries for the year ended 30 June 2012. Profitability The Group recorded a gross profit of HK$15,206 ...
Tags: Esprit Holdings, fashion brands, annual results, profitability
Scott O'Hara, the head of Heinz's North American business, has left the ketchup giant, the company announced today (26 June). O'Hara has moved on to "pursue other opportunities", the US food manufacturer said. Dave Woodward, the former ...
US food giant General Mills is to launch around 40 yoghurt products in the US this year. Yoplait USA has lined up a range of new lines like Yoplait Greek 100,Yoplait Simplait,Yoplait Fruplait,Mountain High All Natural Yogurt,and ...
Tags: yoghurt, niche product, booming market
In their annual results for 2011, coatings producers in Europe have been predicting that 2012 will be much the same overall as last year in terms of growth in sales and profits. There would, nonetheless, be one major difference between the ...
Tags: News Update, Industry Trends, coating
Rieter Holding AG (RIEN), a Swiss textile machinery-maker, will double its workforce in China to 1, 800 employees over the next two years to expand in Asia, Chairman Erwin Stoller said. Rieter may also increase staff in India by about 25 ...
Tags: market view, textile machinery