Cree, Inc. on Tuesday reported financial results for its third quarter of fiscal 2017, ended March 26, 2017, which missed Wall Street expectations. Shares of Cree declined over 7% in after-hours trade. Revenue for the quarter was ...
Tags: Cree, LED Products
China's stocks closed lower on Wednesday despite financial heavyweights performing strongly. Shanghai lost 0.43 percent to end at 3,636.09 points. The smaller Shenzhen index dipped 1.0 percent, or 131.26 points, to close at 13,007.87 ...
Tags: Shares, Financial Bluechips
China auto association downgrades growth rate China's vehicle sales plunged deeper in June, forcing the country's leading auto organization to slash the industry's estimated growth rate. Statistics from the China Association of ...
Tags: vehicle sales, vehicle industry
Taiwan’s love for American beef is evident by the growth in exports to the Asian island nation this year, and U. S. Meat Export Federation (USMEF)-Taiwan’s team, contractor to the Beef Checkoff Program, is exploring new channels ...
Tags: Beef Growth, Food
BlackBerry chief executive Thorsten Heins has revealed plans to expand the Canadian firm's smartphone portfolio, to incorporate lower-end devices, in a bid to keep up with the likes of Samsung and Apple. In an interview with The Canadian ...
Tags: Blackberry, Smartphone, Consumer Electronics
Sainsbury's has booked a 3.9% increase in quarterly sales, boosted by the supermarket group's "strongest ever" Christmas trading period. During the three months to 5 February, like-for-like sales increased by 1.5%. The same-store gain ...
Tags: Sainsbury, quarterly sales, supermarket group, Christmas trading period
The sharemarket fell today, led by resources stocks after minutes of the Federal Reserve's December policy meeting sparked concern US stimulus measures might be scaled back sooner than expected. The Fed minutes, released Thursday, showed ...
Tags: sharemarket, resources stocks, Federal Reserve, Fed minutes
Research in Motion(RIM)breathed a sigh of relief last night as it saw all of its 10 nominated directors voted to the board by investors. The vote was not unanimous at the company's annual AGM,however,and high-profile ...
Tags: Research in Motion, relief, directors
Salesforce.com has unveiled a suite of new products at its Dreamforce event including updates to its cloud portfolio and a new file-sharing platform named Chatterbox. It has dubbed Chatterbox ‘The Dropbox for the enterprise', ...
Tags: Salesforce.com, new line of products, cloud portfolio, Drop box
Dole Food Co. has reported a smaller third-quarter loss - but its shares fell after Wall Street forecast a profit. The produce group booked a net loss of US$13.9m, or a loss per share of $0.06 for the quarter to 6 October. However, ...
Tags: Bottom Line, Shares, packaged food business
Shares in Kettle Chips owner Diamond Foods tumbled today(10 December),the first day of trading after the US snack group reported a fourth-quarter loss. Diamond's stock was down almost 9%today after the company booked a loss of US$32.9m ...
Tags: Diamond Foods, stock, financial results, loss
Dutch retailer Ahold has booked an increase in first-half profits but its shares fell amid pressure on margins and the company's caution over future trading. Earnings in the six months to the end of June climbed 8.2% to EUR530m ...
Tags: Ahold, shares, margins, amid pressure
Salesforce.com's CEO Marc Benioff(pictured)kicked off the firm's Dreamforce event with a keynote entitled"Business is Social".He drew on the experiences of high-profile customers and their thoughts on the importance of social in business. ...
Tags: Dreamforce, social business, different connect, shares fall
Salesforce has unveiled a suite of new products at its Dreamforce event including updates to its cloud portfolio and a new file-sharing platform named Chatterbox. It has dubbed Chatterbox 'The Dropbox for the enterprise', but the platform ...
Tags: Dreamforce, Salesforce, social web, Twitter
Chinese smartphone maker GooPhone has been showing off promotional videos of its upcoming GooPhone 5.But to anyone who has been keeping their eye on leaked prototypes of Apple's next iPhone handset,it may look eerily familiar. The ...
Tags: Chinese iPhone 5, Chinese smartphone maker GooPhone, GooPhone 5