When the first cell phones rolled into the market in the 1990's, nobody ever expected that those clunky black boxes with their electronic shrills would develop into sleek, powerful machines that
could (aside from sending and receiving calls) take a picture, make a video, and
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IPC maker Advantech seeing higher profits than rival Kontron
Although Taiwan-based Advantech
and German-based Kontron, currently the world's top two industrial
PC (IPC) makers, have recorded roughly the same annual revenues from 2003-2005, Advantech has had much higher net operating profits due to lower operating costs, according to industry sources in Taiwan.
COPPOLA FINANCES MOVIE WITH WINERY PROFITS
(PR-inside.com) Academy Award winner FRANCIS FORD COPPOLA is financing his
latest movie using profits
from his Californian winery. Coppola decided to make YOUTH WITHOUT YOUTH without
Hollywood backing, so he could direct it without compromising himself
artistically. The movie is due for release next year (07) and is the first Coppola has directed since 1997's THE RAINMAKER. It stars TIM ROTH.
..
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Penney, Target turn in respectable profits for second
quarter
Two leading retail stalwarts - J.C. Penney Co. and discounter Target
Corp. - reported on Thursday better-than-expected profits in the second quarter. Target, the nation's second-largest discounter behind Wal-Mart Stores Inc., overcame its sales slowdown in July and reported a 13 percent increase in second-quarter profits. The results were fueled in part by the strength of its credit card operations. The company maintained its profit outlook for the year.
Best Buy 2Q Profits Up 22 Percent
MINNEAPOLIS Strong sales of high-definition
TVs at Best Buy Co. Inc. helped fuel second-quarter profits that rose 22 percent and beat Wall Street expectations on Tuesday. Best Buy shares leapt more than 9 percent.
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European profits double for International Power
International Power
has announced
positive results for the last six-month period with a doubling of European profits.