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Finsbury Food Plans to Close Grain D'or Bakery Business

Aug 28, 2017

UK-based bakery products manufacturer Finsbury Food Group is planning to close its Grain D'Or bakery business, putting around 250 jobs at risk. The company said that Grain D'Or has been historically loss making even after implementing ...

Tags: bakery products, bakery

Mattel Enjoys Sales Spike in Q217 Financial Results

Jul 31, 2017

Mattel has enjoyed a spike in net sales in its second quarter 2017 financial results. The firm reported that net sales were up by two per cent as reported and up by three per cent in constant currency, versus the prior year's second ...

Tags: Mattel, toy

Unity Opto Adjusting LED Lighting Product Mix

Apr 14, 2017

LED packaging service provider Unity Opto Technology is decreasing production for light bulbs and increasing that for more profitable lamps, with the proportion of lighting revenues for the former to slip to 20% and the latter to rise to ...

Tags: LED packaging, LED lamp

Cree's Double-Digit Growth in Commercial Lighting Offsets Slowdown in Consumer Lighting Prior to Launch of Next-Gen Bulb

Aug 23, 2016

For full-year fiscal 2016 (ended 26 June), Cree Inc of Durham, NC, USA has reported revenue of $1.62bn, down slightly on $1.63bn for fiscal 2015, as growth in commercial lighting and stable LED revenue was offset by lower consumer lighting ...

Tags: Cree Inc, revenue report, LED products

Oclaro's Revenue Grows for Fourth Consecutive Quarter, up 52% Year-on-Year

Aug 9, 2016

For its fiscal fourth-quarter 2016 (to 2 July, a 14 week quarter), Oclaro Inc of San Jose, CA, USA (which provides components, modules and subsystems for optical communications) has reported revenue of $125.2m, up 24% on $101.1m last ...

Tags: Oclaro, optical communications, DFB

Glatfelter Reports Second-Quarter 2016 Earnings

Aug 4, 2016

Glatfelter reported second-quarter 2016 net income of $2.0m, or $0.04 per diluted share compared with $2.8m or $0.06 per diluted share in the second quarter of 2015. Adjusted earnings for the second quarter of 2016 were $2.8 million, or ...

Tags: Glatfelter, Specialty Papers

BlackBerry Sells Fewer Phones Than Expected

Apr 5, 2016

BlackBerry sold fewer phones than expected in the last quarter, in the latest blow for the troubled smartphone maker. During its investor conference call, the firm said it sold 600,000 phones in the last quarter, which is fewer than the ...

Tags: BlackBerry, Phones, Phone sales, Smartphone maker

Yue Yuen's 2015 Revenues Expand 5 Percent

Mar 28, 2016

Yue Yuen reported revenues rose 5.3 percent to $8.43 billion in 2015, led by growth in its network of retail stores. Net pProfits grew 17.9 percent Highlights Revenue up 5.3 percent to US$8.43 billion for the year ended December 31, ...

Tags: Yue Yuen, Revenues

Li Ning Returns To Profit

Mar 21, 2016

Li Ning Co Ltd posted a profit in 2015 following three consecutive years of losses. The China-based sports giant posted an annual net profit of 14.3 million yuan ($2.2 million), compared with a 781.5 million yuan loss a year ago. ...

Tags: Li Ning, Profit

Adidas Fourth-Quarter Loss Narrows, Offers Bullish Outlook

Mar 13, 2016

Adidas Group reported a narrower loss in the fourth quarter as gross margins expanded and currency-neutral sales jumped 12 percent, driven by accelerated momentum at both Adidas and Reebok. On a currency-neutral basis, sales grew 16 percent ...

Tags: Adidas Group, Reebok

DIY Motherboard Shipments in 2015 to Fall 21.7%

Dec 31, 2015

There will be an estimated 54 million DIY motherboards shipped globally in 2015, decreasing 21.7% on year, according to Taiwan-based supply chain makers. Asustek Computer and Gigabyte Technology, the two largest vendors, will each ship ...

Tags: high-end models, China market, Motherboards

Industry Profits Slide on Broad-Based Weakness

Dec 14, 2015

Lingering inventory issues from the port delays, ongoing foreign exchange headwinds for international companies and a tepid response from consumers at retail pushed down aggregate industry profits by 14% in Q3 to $3,529.3 million from ...

Tags: international companies, Broad-Based Weakness

Trillium Acquires Oxford Instruments-Austin Division

Nov 25, 2015

Trillium US Inc of Clackamas, OR, USA has acquired the Oxford Instruments-Austin division of Austin, TX, USA (formerly Austin Scientific). Focused on the helium-compression-based vacuum and temperature management and control sector, Oxford ...

Tags: Vacuum pumps, blowers, Oxford Instruments

Universal Display 2Q15 Revenue Down 10% YoY

Nov 12, 2015

Universal Display Corporation, enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials,today reported financial results for the second quarter ended June 30, 2015. “The consumer ...

Tags: Universal Display, lighting markets, OLEDs

TPK Announces US$600 Million Net Loss for 3q15

Nov 6, 2015

Touch panel maker TPK has announced net loss of NT$19.4 billion (US$600 million), or loss per share of NT$55.15 for the third quarter of 2015. The operating loss was primarily attributable to one-off asset impairment charges on ...

Tags: 3Q15, loss, touch panel, TPK

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