All Entries Tagged With: "beginning"
Finisar Q3 net drops 53%; Q4 view downbeat
Finisar Corp.’s FNSR -10.79% fiscal third-quarter earnings fell 53% as lower demand pushed down the telecommunications equipment provider’s sales, prompting a cautious current-quarter outlook. Shares fell 9.2% to $18.42 after-hours Wednesday as the company forecast adjusted fiscal fourth-quarter earnings between 18 cents and 22 cents a share on revenue of $235 million to $250 million. [...]
Caterpillar to take over Japanese venture
Caterpillar Inc. CAT -0.18% plans to take sole ownership of its Japanese joint venture in the second quarter after partner Mitsubishi Heavy Industries Ltd….
Kraft-Starbucks arbitration hearing set for July
Kraft Foods Inc.’s KFT +0.61% date with Starbucks Corp. SBUX -0.14% in arbitration court is set for July.
Universal Bioenergy, Inc. (UBRG)
Universal Bioenergy Inc. is an independent diversified energy company, headquartered in Irvine, California.
Lenovo: Lanci relationship conforms with law
Lenovo Group Ltd LNVGY -0.56% said Wednesday it is confident that its relationship with its new Europe,…
Corning sees non-LCD operations driving growth
Corning Inc. GLW -0.52% reiterated its long-term sales forecast, but said it will hit the target by growing businesses outside of its stalling liquid-crystal-display glass operation.
Aeropostale taps Hirtler-Garvey to chair board
Aeropostale Inc. ARO +0.84% named Karin Hirtler-Garvey its chairman, succeeding Julian R. Geiger who has stepped down from the position.
Fiserv earnings up 23% on higher revenue
Fiserv Inc.’s FISV -1.16% fourth-quarter earnings rose 23% due to higher revenue in its main business segments.
Korea’s SK Telecom post 61% net-profit drop in Q4
SK Telecom Co. , South Korea’s largest mobile carrier by subscribers, said Thursday its fourth-quarter net profit fell 61% from a year earlier,…
Disney agrees to buy out India’s UTV Software
Walt Disney Co. DIS -0.21% said it would buy a controlling interest in Indian entertainment company UTV Software Communications Ltd. , which it said would make Disney the country’s leading film studio.
Fortinet quarterly profit up 2.2% as billings jump
Fortinet Inc.’s FTNT +8.72% fourth-quarter earnings climbed 2.2% as the network-security company again reported double-digit billings growth.
Ivanhoe Australia names UBS to find partner
Ivanhoe Australia Ltd. said Tuesday it has hired UBS to help find a strategic partner for a string of Australian base metals projects, as it vies to secure long-term funding to bring them into production.
QuamTel (OTCBB: QUMI).
QuamTel was founded in January 1996 to deliver managed pre-paid global communication products and services. Through its subsidiaries WQN and DataJack,…
Ardent Mines Appoints Luciano de Freitas Borges as President
Ardent Mines Ltd. (OTCQB: ADNT) (the “Company” or “Ardent Mines”), a precious resources exploration, development,…
Samsung profit up 17% on record smartphone sales
Samsung Electronics Co. said Friday its fourth-quarter net profit rose 17% from a year earlier as record smartphone sales outweighed pressure from the firm’s other businesses,…
Teradyne earnings jump on tax benefit; shares up
Teradyne Inc.’s TER +7.87% fourth-quarter earnings more than doubled on a large tax-provision benefit as the maker of chip-testing equipment,…
AGENT155 MEDIA CORP (AGMC:OTC)
Agent155 Media Corp., a development stage company, engages in the distribution and marketing of drinking water treatment products and water activation products primarily in South America and Central America.
TransDigm to buy plane-seatbelt maker AmSafe
TransDigm Group Inc. TDG -0.14% agreed to buy seatbelt-maker AmSafe Global Holdings Inc. for about $750 million in cash, continuing the aerospace supplier’s recent streak of acquisitions.
Alliant Energy CEO to retire in March
Alliant Energy Corp. LNT -0.21% said Chairman and Chief Executive William D. Harvey would retire at the end of March and named its operating chief as his successor.
Samsung: Never reviewed plans to take over RIM
Samsung Electronics Co. said Wednesday that it has never reviewed plans to take over Research In Motion Ltd. RIMM -5.55% ,…
