Visteon swings to loss in Q4 on impairment charges
Visteon Corp (NYSE:VC) slipped to a loss in its fourth quarter on Monday, as the company was hit with a $66 million non-cash impairment charge. Still, the automotive supplier reiterated its full year...
View ArticleVisteon Corp to sell auto lighting business to Varroc Group for $92 mln
Auto part supplier Visteon Corp. (NYSE:VC) agreed Monday to sell its automotive lighting business to Varroc Group for $92 million in cash, as Visteon seeks to focus on its core businesses. Visteon,...
View ArticleJohnson Controls posts 4% rise in Q2 profit, meets expectations
Johnson Controls (NYSE:JCI) reported Thursday that net profit for its fiscal second quarter rose, helped by new launches of seating and interior programs. The diversified technology company provides...
View ArticleJSJS Designs’ Lightwave to be rolled out by leading electrical wholesaler
JSJS Designs (LON:JSJS) has got the green light for its innovative lighting and electrical smartphone-controlled LightwaveRF product range from the UK’s largest electrical wholesaler. City Electrical...
View ArticleTeledyne Technologies to buy LeCroy Corp for $240 mln
Teledyne Technologies (NYSE:TDY) Tuesday agreed to buy LeCroy Corp. (NASDAQ:LCRY) in a $240 million deal that will broaden its analytical instrumentation businesses. Teledyne said it would pay $14.30...
View ArticleTiVo reports solid start to 2012 as unveils Q1 results
Television service provider TiVo (NASDAQ:TIVO) has reported a "solid" start to the year as it continued to grow its product base. Reporting its results for Q1 to April 30 this year, the company said...
View ArticleTurbo Power Systems to be delisted from the TSX
Turbo Power Systems (TSE:TPS) shares will be delisted from the Toronto Stock Exchange for failing to meet the continued listing requirements, it was announced Friday. The company’s common shares will...
View ArticleEntropic Communications shares jump on increased Q2 guidance
Entropic Communications (NASDAQ:ENTR) saw its shares rise more than 26 per cent Wednesday after announcing a boost to its second quarter sales and profit forecast. The company's shares were lately up...
View ArticleSamsung loses attempt to get Galaxy ban lifted ahead of trial
Korean electronics giant Samsung has failed in an attempt to get a ban lifted on sales of its Galaxy Tablet 10.1 in the US. The ban was imposed last week by US district Judge Lucy Koh in the latest...
View ArticleSamsung reports record profits as Galaxy sales surge
The Galaxy smartphones were very popular among customers in the second quarter, helping Samsung to the second record quarterly profit in a row. The Korean tech giant today revealed that it expects to...
View ArticleSamsung tablet not ‘cool’ enough to be mistaken for Apple iPad, says judge
Samsung Electronics came out on top in a court battle with Apple (NASDAQ:AAPL), but only after a UK judge ruled its Galaxy tablet was not “cool” enough to be confused with the iPad. While Apple tried...
View ArticleAPI Technologies Q2 loss widens
API Technologies Corp. (NASDAQ:ATNY) Wednesday said second-quarter losses widened, missing analysts expectations and sending its stocks down.For the three months ended May 31, the company posted a net...
View ArticleAmphenol Q2 results beat Street views, boosts full year profit forecast
Amphenol (NYSE:APH) reported record second quarter financial results that raised fiscal 2012 expectations Wednesday, due to increased demand for its interconnect technologies. Shares of Amphenol were...
View ArticleAEP Q2 earnings beat the Street, FY guidance still suspended
Power generator American Electric Power (NYSE:AEP) Friday reported an increase in second quarter earnings on warmer weather and reduced costs, but said its full-year profit forecast would remain...
View ArticleEaton Corp lowers 2012 revenue forecasts despite record Q2
Eaton Corporation (NYSE:ETN) is on track to report record financial results for 2012 despite marginally lowering its targets due to uncertainty in Europe. The hydraulics specialist said sales in the...
View ArticleVisteon CEO Stebbins steps down, hires two new board members
Auto interior supplier Visteon Corp. (NYSE:VC) said Monday that chief executive Don Stebbins has stepped down. Timothy D. Leuliette will serve as interim chairman, president and CEO, while the board...
View ArticleKorean court rules Samsung didn't copy Apple's iPhone
South Korea's Samsung won a court ruling in its home market in its battle against Apple (NASDAQ:AAPL) on Friday when judges in Seoul said the company didn't copy the iPhone. The court added that...
View ArticleTiVo Q2 loss widens, adds subscribers
TiVo (NASDAQ:TIVO) late Wednesday reported a wider loss for the second quarter, but the red ink was less than analysts had been expecting from the provider of digital video-recording technology....
View ArticleTiVo settles patent suit against Verizon
TiVo Inc. (NASDAQ:TIVO) settled a patent suit against Verizon Communications (NYSE:VZ), the company said Monday. Shares of TiVo gained 4.24 per cent to hit $9.97 apiece on the Nasdaq on Monday...
View ArticleSamsung adds iPhone 5 to patent battle against Apple
Samsung has added Apple's latest iPhone 5 smartphone to a US patent lawsuit claiming the iPhone infringes eight of its technologies.
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