Topic: Corporate News
The new items published under this topic are as follows.
Monday, July 28, 2003 /LANSING, MICHIGAN , US - G.E.E! Communications, Inc. announced today that it has been certified as a Gold BusinessPartner by Avaya (NYSE:AV), a leading global provider of communication networks and services to businesses. G.E.E! Communications sells Avaya communications systems, in addition to Avaya's network design and implementation services, to businesses nationally.
SAMSUNG Named the Fastest Growing Global Brand Second year in a Row by Interbrand
- SAMSUNG Brand Value More Than Doubles in Three Years - Leading Growth Among Top 100 Global Brands
- SAMSUNG Brand Value is US $10.8 Billion, a 31 Percent Increase From 2002
SEOUL, KOREA - July 25, 2003- Interbrand, the world?s leading brand consultant, has ranked SAMSUNG?s brand the ?fastest growing? in the world for the second year in a row. In only three years time, SAMSUNG?s brand value has more than doubled from $5.2 billion in 2001 to its current $10.8 billion. Interbrand?s annual survey of the top 100 global brands ranks SAMSUNG as the world?s 25th largest brand, up from 34th place in 2002 and from 42nd place in 2001. SAMSUNG is part of an elite group of multinationals whose brands comprise premium mind share with consumers, thought leaders and retailers worldwide.
Net Revenues Up 24 Percent
Comparable Store Sales Grow 8 Percent
Net Earnings Increase 23 Percent
Company Sets Aggressive Targets for Fiscal Year 2004
Starbucks Corporation (Nasdaq:SBUX) today announced revenues and earnings for its fiscal third quarter ended June 29, 2003.
For the 13 weeks ended June 29, 2003, consolidated net revenues increased 24 percent to $1.0 billion from $835 million for the same period in fiscal 2002. Net earnings for the 13-week period ended June 29, 2003 increased 23 percent to $68.4 million from $55.7 million for the same period in fiscal 2002. Diluted earnings per share were $0.17 for the 13-week period ended June 29, 2003, compared to $0.14 for the comparable period in fiscal 2002.
Leverages 65-year History in Two-Way Communications to Bring Service Differentiating Feature to Cellular Operators
DUBAI, United Arab Emirates ? Jul. 24, 2003 ? Motorola (NYSE: MOT) Global Telecom Solutions Sector (GTSS) has signed an agreement with Fastlink to be the first in the Europe, Middle East and Africa (EMEA) region to pilot Motorola?s General Radio Packet Service (GPRS) Push-To-Talk (PTT) solution. Point-to-point PTT calls to individuals and PTT group calls have been demonstrated successfully at Fastlink?s facility in Amman.
DALLAS (July 18, 2003) - Texas Instruments Inc. (NYSE:TXN) (TI) today announced that the company has entered into a patent licensing agreement with Sendo related to smartphone technology. TI further stated that, as a result of the license agreement, TI will not be changing its prices.
Intersil Corporation Announces Agreement to Sell Wireless Networking Product Group to GlobespanVirata, Inc.
-- Definitive agreement signed by Intersil and GlobespanVirata today
-- Intersil refines strategic focus as a pure high performance analog supplier
-- Intersil confirms second quarter guidance
MILPITAS, CA, July 15, 2003 ? Intersil Corporation (NASDAQ: ISIL), a world leader in the design and manufacture of high performance analog and wireless networking solutions, announced today that it has entered into a definitive agreement to sell its Wireless Networking Product Group to GlobespanVirata, Inc. (NASDAQ: GSPN). The sale price is approximately $365 million and will be paid in cash and stock. Intersil anticipates finalizing the sale prior to the end of the third quarter of 2003 and expects to report a one-time gain on the transaction.
CUPERTINO, California?July 16, 2003?Apple? today announced financial results for its fiscal 2003 third quarter ended June 28, 2003. For the quarter, the Company posted a net profit of $19 million, or $.05 per diluted share. These results compare to a net profit of $32 million, or $.09 per diluted share, in the year-ago quarter. Revenues for the quarter were $1.545 billion, up 8 percent from the year-ago quarter and up 5 percent sequentially, and gross margins were 27.7 percent, up from 27.4 percent in the year-ago quarter. International sales accounted for 39 percent of the quarter?s revenues.
Presentation to be Webcast Live at http://www.dell.com
Round Rock, Texas, July 16, 2003
Dell Chairman and Chief Executive Officer Michael Dell will address shareholders at the company's annual meeting of stockholders in Austin on Friday. Mr. Dell, President and Chief Operating Officer Kevin Rollins, and Senior Vice President and Chief Financial Officer Jim Schneider, also will be available for a question and answer session
Aruba Wireless Networks Wins Best of Show in Tokyo, Named Wi-Fi Hotspot Contributor for N+I PARIS 2003 Network
SAN JOSE, CA ? July 14, 2003 ? Aruba Wireless Networks(http://www.arubanetworks.com/
) today announced that its modular wireless LAN switching system took Best of Show honors winning the Grand Prize in the Wireless and Mobile category at the NetWorld+Interop exhibition in Tokyo. The Company also said it has been selected by Medialive International (formerly Key3Media) as the Wi-Fi Hotspot Connectivity contributor for its upcoming NetWorld+Interop Paris conference and exhibition, November 19-21 at the Porte de Versailles Exposition Center.
SANTA CLARA, Calif., July 15, 2003 - Intel Corporation today announced second-quarter revenue of $6.8 billion, up 1 percent sequentially and up 8 percent year-over-year.
Second-quarter net income was $896 million, down 2 percent sequentially and up 101 percent year-over-year. Earnings per share were $0.14, flat sequentially and up 100 percent from $0.07 in the second quarter of 2002.