THe Samsung Group’s move aimed at spurring management innovation to overcome limits to growth has put Samsung subsidiaries on edge. As business restructuring and reorganization is scheduled in August, subsidiaries are keeping their ...
Tags: Samsung, Electrical, Electronics
Kraft Foods Group, Inc. today reported third quarter results that reflected significant cost savings that outpaced brand-building reinvestments, as well as a negative impact from comparisons with unusually high product shipments in the ...
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ING US retirement business will continue to serve as the exclusive third-party administrator for the State of Connecticut Retirement Program, supporting public employees in the city towards building readiness and financial security required ...
Tags: ING US retirement business, State of Connecticut Retirement Program
HTG, Inc., a Vancouver, WA based technology integration firm, has been awarded a multi-million dollar nationwide contract with a well-known early education giant, in what CEO Kermit Macaulay calls another "David and Goliath" experience. ...
Hewlett-Packard said Wednesday that it would take an $8 billion charge in its third fiscal quarter owing to weakness in its enterprise services division. The writedown is technically for "the impairment of goodwill" associated with HP's ...
Tags: HP, charge, third fiscal quarter, enterprise services division
IDG News Service-Sony said Friday that its current round of job cuts will include workers in its struggling TV business and at its headquarters in Tokyo,and it will close a mobile phone and lens factory in central Japan. The job cuts,part ...
Tags: Sony, Cut Jobs, Phone, Headquarters, TV Group
ING US Retirement business will continue as service provider for the County of San Bernardino Defined Contribution Retirement Program,pursuant to a two-year agreement. The program comprises of plans namely 457(b)deferred ...
Applied Materials,the No.1 supplier of semiconductor manufacturing equipment,is to cut 900 to 1,300 jobs representing 6%-9%of its workforce via a voluntary retirement and other programmes. The cuts come in a weak year for semiconductor ...
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Perry Ellis International reported results for the third quarter ended October 27,2012(third quarter of fiscal 2013). Third Quarter Results from Operations In the third quarter of fiscal 2013,total revenues were$236.2 million compared ...
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IDG News Service - Japan's Sharp, struggling with deep losses and searching for a financial savior, has cut short an early retirement program after being flooded with volunteers. The company said Tuesday that it ended the program after a ...
Troubled Japanese LCD and TV panel maker Sharp said Tuesday it will cut 2,000 jobs domestically,or about 6%of its local workforce,as part of ongoing restructuring efforts. The company said the reduction in staff would come through a ...
Tags: Japan, LCD and TV panel maker, Sharp
IDG News Service - Hewlett-Packard on Wednesday announced a US$8.9 billion loss for its third quarter ended July 31 due to writedowns and weak hardware sales and also said full-year results would be at the low end of its previous guidance. ...
Tags: HP, weak sales, revenue, Personal Systems Group
HP warned investors of a colossal quarterly loss in its third fiscal quarter after writing down $8bn (£5.1bn) on its services arm, of which the majority lies with its $13.9bn (£8.8bn) purchase of IT equipment and services ...
Tags: HP, Meg Whitman, Nefkens, Mike Lynch