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Growth in Lighting and Power & RF Offset in The First Half of Fiscal 2015
Jan 28, 2015For fiscal second-quarter 2015 (ended 28 December 2014), Cree Inc of Durham, NC, USA has reported revenue of $413.2m, down 3.4% on $427.7m last quarter but similar to $415.1m a year ago and in the upper half of the target range of $400-420m ...
Tags: LED Demand, LED Lighting Offsets, Electrical
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Carl Icahn Has Tossed Another Bushel of Apple Stock Into His Investment Portfolio
Jan 23, 2014Outspoken billionaire Carl Icahn has tossed another bushel of Apple stock into his investment portfolio as he tries to persuade the iPhone maker to buy back more of its own shares. Icahn says he invested another $500 million in Apple Inc. ...
Tags: Consumer Electronics, Apple
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GPG Announced The Entire Shareholding Sale in TOWER Limited for £60.7million
Oct 9, 2013On 30 September 2013, GPG announced the sale of its entire shareholding (33.6%) in TOWER Limited for £60.7million (NZ$118.3 million). TOWER Limited represented the last material investment for GPG (excluding Coats) and the imminent ...
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China Investment Has Been The Most Representative Face of Chinese Investment in Europe
Oct 7, 2013Although there is no firm yardstick to gauge its real impact, China Investment Corp has in many ways been the most representative face of Chinese investment in Europe. Apart from its regular activities such as equity and other investments, ...
Tags: Sovereign Wealth Fund, economy, China
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Fincantieri Has Received an Order From Regent Seven Seas Cruises for The Construction
Jul 12, 2013Fincantieri to build a super luxury ship for regent Seven Seas Cruises Thursday, Jul 11, 2013 Fincantieri has received an order from Regent Seven Seas Cruises for the construction of a super luxury cruise ship. The new ship will be ...
Tags: ship, Transportation, Service, logistics
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Temasek Made Net Investments of S$4 Billion in Its Energy and Resources Portfolio
Jul 8, 2013Singapore's sovereign wealth fund, Temasek, made net investments of S$4 billion ($3.16 billion) in its energy and resources portfolio in the year to March 31, the fund said Thursday. The new investments included acquiring an additional 5% ...
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The iPhone Version of The Software Could Prove Beneficial to Enterprise
Jun 13, 2013Now that developers have had a few days to delve into the iOS 7 beta, it's becoming clear that the iPhone version of the software could prove beneficial to enterprises. Many members of the 120-person development team at Solstice Mobile in ...
Tags: iOS 7, Enterprises
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FNF Selected Clearwater Analytics to Offer Consolidated Investment Accounting
May 23, 2013Fidelity National Financial (FNF), a provider of title insurance, mortgage services, and other diversified services, has selected Clearwater Analytics to offer consolidated investment accounting, reporting and analytics on its $3.5bn ...
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ING Group Has Reported 38.2% Increase in Its Total Underlying Net Profit
May 10, 2013Amsterdam-based ING group has reported 38.2% increase in its total underlying net profit for the first quarter of 2013, which stood at €800m compared to €579m during the same period earlier year. For the three months ended on 31 ...
Tags: ING, Net Profit
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Allied World Registered Net Income of $159m,for The First Quarter of 2013
Apr 27, 2013Allied World Assurance Company Holdings (AWH) has registered net income of $159m, or $4.49 per diluted share, for the first quarter of 2013, against $218.2m, or $5.70 per diluted share, during the year ago period. For the quarter period ...
Tags: Allied World Assurance, Service
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Yahoo! Has New Look Online Following a Makeover Engineered
Feb 21, 2013Yahoo! has a new look online following a makeover engineered by its chief executive Marissa Mayer. The long-awaited makeover of Yahoo.com's home page is the most notable change to the website since the internet company hired Marissa ...
Tags: Yahoo, Marissa Mayer, chief executive
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Eric Schmidt Plans to Sell 3.2 Million a Shares Worth $US2.5 Billion
Feb 18, 2013Google chairman Eric Schmidt plans to sell 3.2 million "A" shares worth $US2.5 billion ($2.44 billion) over the next year, Google says in a filing with the Securities and Exchange Commission. The sale amounts to 42 per cent of Schmidt's ...
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Google Executive Chairman Eric Schmidt May End up Selling 42 Percent of His Shares
Feb 18, 2013Google executive chairman Eric Schmidt may end up selling 42 percent of his shares in the company under a new stock trading plan designed to diversify his investment portfolio. Schmidt owned approximately 7.6 million shares of class A and ...
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Allied World Financial Services Agreed to Acquire a Minority Ownership Interest
Jan 14, 2013Allied World Financial Services,a subsidiary of Allied World Assurance Company,has agreed to acquire a minority ownership interest in a privately held asset management firm Crescent Capital Group. Further terms of the transaction have not ...
Tags: Allied World Financial Services, minority stake in Crescent Capital
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UAE Investors Are Increasingly Turning to Real Estate as a Preferred Asset Class
Jan 8, 2013Friends Provident International said that UAE investors are increasingly turning to real estate as a preferred asset class. Almost half of respondents said that they expect the property market to perform strongly over the next 5 years.A ...
Tags: UAE investor