Microsoft CEO Steve Ballmer has announced intentions for a "fundamental shift" in Microsoft's technology business model, describing a future in which the company will start to "build specific devices for specific purposes". In his annual ...
Tags: Microsoft, Steve Ballmer, Office, Windows 8, SaaS
Staples has announced plans to phase out the Corporate Express name in Australia as part of the company's move towards a single global brand. The rebranding of the Australian company, which has used both names in the region following ...
Tags: Staples, Corporate Express, rebranding
PV Book-to-bill ratio of just 0.33 measured in second quarter of 2012,with SEMI seeing no near-term recovery. Heading south:the global PV equipment market The market for photovoltaics manufacturing equipment continued to decline in ...
Tags: Semiconductor, PV Equipment, Low
WHEAT:The 2012/13 U.S.wheat balance sheet is unchanged this month;however,small by-class adjustments are made to projected exports and stocks.Projected exports for Hard Red Winter wheat are lowered 25 million bushels with Hard Red Spring ...
Capacity utilisation of the cement industry declined to 68.29 percent in the first two months of this fiscal year 2012-13, the lowest level seen in a decade as the demand of cement drastically decreased locally and for export purposes. The ...
Tags: market view, cement
Phoenix IT today confirmed it was investigating issues within its own accounting that could lead to a £14m reduction in its net assets. The firm, which provides managed hosting, cloud and networking services to UK businesses, ...
Tags: Phoenix IT, managed hosting, cloud services, networking services
US food group Hormel Foods has booked an increase in third-quarter profits as all five of its business segments reported earnings growth. In the three months ended 29 July, profit climbed 13% to US$111.2m, the company reported yesterday ...
Tags: food, third-quarter profits, increase, Hormel Foods
Cree has announced revenue of$306.8 million for its fourth quarter of fiscal 2012,ended June 24,2012.This represents a 26%increase compared to revenue of$243.0 million reported for the fourth quarter of fiscal 2011 and an 8%increase ...
Tags: North America, Cree, Financial, GAAP, LED
Computerworld - Seagate's stock price dropped 8% today after the company announced it expects weak first-quarter performance based on slowing PC sales. The news followed a lack-luster quarter, which Seagate reported yesterday. Seagate ...
Tags: Stocks, weak first-quarter, performance
After devastating monsoonal floods in Thailand shut down several of Western Digital's key disk drive plants,drastically hurting its revenue and market standing,WD this week reported record financial results for 2012. According to market ...
Tags: Western Digital, Thailand, disk drive market, ultrabooks
Weak markets and delays mean full-year sales are now expected to be nearly 10%lower than previous estimate. Stock slippage Thermal imaging giant FLIR Systems has issued a profit warning for its fiscal year 2012,blaming weak ...
Tags: FLIR Systems, Profit Warning, Market
SemiLEDs, a developer and manufacturer of LED chips and LED components, has announced its financial results for the third quarter of fiscal year 2012. Revenue for the third quarter of fiscal 2012 was US$9.2 million, a 64% increase compared ...
Tags: LED component, LED chip
Advanced Photonix gets first industrial THz order 11 Jul 2012 Receives first orders from its value-added reseller,Thermo Fisher Scientific,for its'T-Gauge'industrial terahertz gauging system. Advanced Photonix develops diverse silicon ...
Tags: Advanced Photonix, T-Gauge, industrial terahertz, measurement systems
The increase in allocation of Public Sector Development Programme (PSDP) for the construction of mega infrastructure will lead to growth in cement sales and profitability of its producing units in the financial year of 2012-13. Analysts ...
Tags: industry trends, cement
The US DOE has announced a$7.1 million fund as part of the latest SSL Manufacturing R&D program,but congressional budget cuts have affected funding for new core-technology research and product development projects.The US Department of ...