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Qorvo's Quarterly Revenue Hit by Delayed Smartphone Launches in China and Korea

May 9, 2017

For fiscal fourth-quarter 2017 (to 1 April), Qorvo Inc of Greensboro, NC, USA (which provides core technologies and RF solutions for mobile, infrastructure and defense applications) has reported revenue of $642m, up 5.7% on $607.1m a year ...

Tags: Smartphone, Qorvo

Raisio Sells UK Snack Bar Business to Nimbus

Jul 16, 2016

Finland-based food company Raisio has signed an agreement to sell UK snack bar business, Halo Foods, to Dutch investor Nimbus. Halo Foods, a manufacturer of its partners’ branded products, became part of Raisio through the Glisten ...

Tags: Raisio, Snack Bar

Finish Line Comps up 1.5 Percent in Fiscal First Quarter

Jun 27, 2016

The Finish Line Inc. (NASDAQ:FINL) reported consolidated net sales were $453.5 million, up 2.3 percent over the prior year period thanks in part to a 1.5 percent increase in comparable store sales. Net income came in at $9.6 million, or ...

Tags: retail environment, merchandise inventories

Emcore Grows Margin and Income Year-on-Year Despite Seasonal Drop in Quarterly Revenue

May 13, 2016

For its fiscal second-quarter 2016 (to 31 March), Emcore Corp of Alhambra, CA, USA - which provides indium phosphide (InP)-based optical chips, components, subsystems and systems for the broadband and specialty fiber-optics markets - has ...

Tags: Emcore, optical chips

NeoPhotonics' Revenue Rises 11% in Q1 to Record $99.1m

May 6, 2016

For first-quarter 2016, NeoPhotonics Corp of San Jose, CA, USA (a vertically integrated designer and manufacturer of hybrid photonic integrated optoelectronic modules and subsystems for high-speed communications networks) has reported ...

Tags: NeoPhotonics, PICs

Nordstrom Eliminating 400 Positions

Apr 20, 2016

Nordstrom, Inc. (NYSE: JWN) plans to eliminate approximately 350 to 400 positions by the end of the second quarter to reduce costs by approximately $60 million in fiscal 2016. In an announcement Monday, the Seattle company said the cuts ...

Tags: Nordstrom

Raisio Begins UK Cereal and Snack Business Restructure

Dec 15, 2015

Finland-based food company Raisio is in the process of streamlining its UK cereal and snack business in order to focus on manufacturing more consumer-oriented product range. In this regard, the company has completed consultation ...

Tags: Raisio, cereal, snack

Qorvo's Quarterly Revenue Rises 5.2%, Led by Mobile Products

Nov 10, 2015

For its fiscal second-quarter 2016 (ended 3 October 2015), Qorvo Inc, which provides core technologies and RF solutions for mobile, infrastructure and aerospace/defense applications, has reported revenue of $708.3m, up 5.2% on $673.6m last ...

Tags: Qorvo, RFMD, TriQuint Semiconductor, Mobile Products

Raisio Plans to Restructure Snack and Cereal Business in UK

Oct 15, 2015

Finnish food company Raisio Group is planning to streamline operations and cut down costs in the UK in view of the present operating environment, market conditions as well as changing consumer demands. The company's UK unit manufactures ...

Tags: Raisio, snack, breakfast cereals

Dialog Semiconductor's Acquisition of Atmel Costs $4.6 Billion

Oct 14, 2015

Dialog Semiconductor (XTRA: DLG) and Atmel Corporation (NASDAQ: ATML) announced today that Dialog has agreed to acquire Atmel in a cash and stock transaction for total consideration of approximately $4.6 billion. The acquisition creates a ...

Tags: Dialog Semiconductor, Atmel, Acquisition

Gap Q2FY16 Sales Down 2% From Currency Impact

Aug 24, 2015

For the second fiscal quarter of 2016 ended August 1, 2015, net sales at apparel marketer Gap Inc went down 2 per cent impacted by translation of net sales in foreign currencies into US dollars. For the three months to August 1, 2015 Gap ...

Tags: foreign exchange, Gap, Currency Impact

Macom Inks a Pact to Divest Its Automotive Business to Safety Systems Firm Autoliv

Jul 21, 2015

Microwave and semiconductor devices supplier M/A-COM Technology Solutions Holdings (MACOM) has inked a pact to divest its automotive business to safety systems firm Autoliv in a deal valued at $100m. MACOM's automotive operations ...

Tags: auto parts, auto accessories

M/A-COM Enters Into a Definitive Agreement to Sell Its Automotive Business to Autoliv ASP

Jul 21, 2015

M/A-COM Technology Solutions Inc of Lowell, MA, USA (which makes semiconductors, components and subassemblies for analog RF, microwave, millimeter-wave and photonic applications) has entered into a definitive agreement to sell its ...

Tags: electronics, semiconductor, photonic applications

Brait SE Has Acquired 90 Per Cent Stake in UK Fast Fashion Apparel Retailer New Look

May 20, 2015

South African retail heavyweight Christo Wiese through his private equity vehicle Brait SE has acquired 90 per cent stake in UK fast fashion apparel retailer New Look. Brait SE has acquired the stake for £780 million, primarily ...

Tags: Brait, Apparel Retailer, Apparel

Akzonobel Shows Q1 2015 Results

Apr 22, 2015

Akzo Nobel N.V. has reported a solid first quarter with positive developments in all three Business Areas despite a challenging market environment. First quarter operating income increased 42 percent to €306 million, reflecting the ...

Tags: AkzoNobel, Specialty Chemicals

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