Hydro-Quebec and Sony announce establishment of joint venture to start development of energy storage system for power grids
Hydro-Quebec and Sony Corp:To establish a joint venture to research and develop a large-scale energy storage system for power grids.Plan to establish the new company in June.
TCL Corp:Sees net profit for the first quarter of fiscal year (FY) 2014 to increase 130 pct to 143 pct, or to be 700 mln yuan to 740 mln yuan.The net profit of the same period in FY 2013 was 304,160,000 yuan.Comments that increased sales, increase product prices and effective cost control as the...
Bang & Olufsen A/S:Maintains FY 2013/2014 financial guidance.Expects revenue to show moderate growth compared to FY 2012/2013.Forecasts EBIT margin to show significant improvement compared to FY 2012/2013 to a level around break-even.Reported revenue of 2,814 million Danish crowns and EBIT of...
Restructuring & Reorganization
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