INDIANAPOLIS, June 08, 2018 (GLOBE NEWSWIRE) -- Hurco Companies, Inc. (Nasdaq:HURC) today reported results for the second fiscal quarter ended April 30, 2018. Hurco recorded net income of $3,751,000, or $0.55 per diluted share, for the second quarter of fiscal 2018 compared to net income of $3,646,000, or $0.54 per diluted share, for the corresponding period in fiscal 2017. For the first six months of fiscal 2018, Hurco reported net income of $6,688,000, or $0.98 per diluted share, compared to $4,525,000, or $0.67 per diluted share, for the corresponding period in fiscal 2017. Sales and service fees for the second quarter of fiscal 2018 were $70,424,000, an increase of $12,202,000, or 21%, compared to the corresponding prior year period and included a favorable currency impact of $4,857,000, or 8%, when translating foreign sales to U.S. dollars for financial reporting purposes. Sales and service fees for the first six months of fiscal 2018 were $138,868,000, an increase of … [Read more...] about Hurco Reports Second Quarter Results for Fiscal 2018
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Sanjay Mehrotra(R), Micron Technology chief executive officer, and Manish Bhatia(L) Micron Technology executive vice president of global operations, stand next to a visualization of a building Micron has leased in north San Jose. Micron Technology, in a major expansion of its Silicon Valley operations, has struck a deal to lease a big office campus in north San Jose, a fresh indicator of the tech boom in the Bay Area. George Avalos / Bay Area News Group Milpitas, 6-4-2018 Sanjay Mehrotra, chief executive officer of Micron Technology, tells employees at a Milpitas gathering about the company’s lease in north San Jose. Micron Technology, in a major expansion of its Silicon Valley operations, has struck a deal to lease a big office campus in north San Jose, a fresh indicator of the tech boom in the Bay Area. George Avalos / Bay Area News Group Milpitas, 6-4-2018 A portion of an office complex on Holger Way in north San Jose that until recently was the headquarters of tech … [Read more...] about Micron Technology shifts Silicon Valley operations to San Jose
Sections SEARCH Skip to content Skip to site index Business Day Subscribe Log In Subscribe Log In Advertisement Supported by Wheels ByLawrence Ulrich May 17, 2018 When General Motors recruited Johan de Nysschen to lead Cadillac in 2014, the prominent auto executive hoped for a cavalry of new sport-utility vehicles to shore up the luxury brand’s weakest position. As it awaited reinforcements, Cadillac soldiered on with a legion of widely praised sports sedans, the kind of beautifully engineered vehicles its German rivals would have been proud to call their own. But now Cadillac finds itself overrun by German and Asian S.U.V.s and G.M.’s leaders have parted ways with the man once seen as the brand’s future. And America’s premier luxury car brand must reckon with an uncomfortable truth. “Cadillac is just not selling what people want to buy today, especially in America,” said Karl Brauer, executive publisher … [Read more...] about Cadillac Makes Great Cars. Too Bad Americans Want S.U.V.s.
Can Washington’s “Russia hands” help explain why the post-Cold War relationship has gone off the rails? By KEITH GESSENMAY 8, 2018 Continue reading the main story Share This Page Continue reading the main story The strangest Russian political scandal so far this year — a year that hasn’t lacked for them — revolves around a Belarusian escort named Anastasia Vashukevich, who goes by the name Nastya Rybka. Rybka, whose pseudonym means “little fish,” is a prolific Instagrammer, a teacher of “sex workshops” and the author of a how-to book, “Who Wants to Seduce a Billionaire?” She became famous in Russia this year for having chronicled, on Instagram, her 2016 affair with one particular billionaire, Oleg Deripaska. A few weeks later, she caught the world’s attention after she was arrested in Thailand in the middle of a sex workshop and then claimed, from the back of a police van, that she possessed … [Read more...] about The Quiet Americans Behind the U.S.-Russia Imbroglio
BREAKING: Senate Majority Leader Harry Reid fired a shot at newly empowered Republicans this morning, warning them that "no" isn't enough. "The time for politics is now over,” he said in a statement. “And now that Republicans have more members in both houses of Congress, they must take their responsibility to present bipartisan solutions more seriously. Simply saying 'no' will do nothing to create more jobs, support our middle-class and strengthen our economy.” -- Robin Bravender VIDEO: During CBS News “Campaign 2010” coverage, House Republican Whip Eric Cantor tells Katie Couric the new majority will swiftly introduce health-reform repeal. http://bit.ly/9jFoei ... Katie behind the scenes http://bit.ly/c0ekkE Story Continued Below --"Good Morning America": "Red dawn ... Republicans ride a tidal wave of discontent" ... "Today": "Grand old House: A big night for the Republican Party." --AP's Liz Sidoti: "This is a two-person, two-party town … [Read more...] about INDEPENDENTS’ DAY: PUT IT IN ‘R’! – Reid wins by 5 – Manchin by 10 — Dems blown out of House as GOP surpasses gains of ’94 (net 60 so far) – 3 chairs lose
Driving the Day BULLETIN -- “TEHRAN, Iran (AP) - Iran’s foreign ministry spokesman says Russia will stop using Iranian air base for Syria airstrikes for the time being.” -- “Trump Said to Begin Preparation for First Debate Against Clinton,” by NYT’s Maggie Haberman: “Mr. Trump began preparing on Sunday for his first general election debate against Hillary Clinton, with a meeting at his golf club in Bedminster, N.J. ... Roger Ailes, the former Fox News chairman who helped prepare George Bush to debate Michael Dukakis in the 1988 presidential race, is advising Mr. Trump as he begins to focus on the debate, scheduled for Sept. 26 at Hofstra University on Long Island ... As of now, Mr. Trump is not using a traditional lectern model to practice. He is instead using briefing binders and reviewing Mrs. Clinton’s past debate performances.” http://nyti.ms/2bppGn6 Story Continued Below **SUBSCRIBE to Playbook: http://politi.co/1M75UbX Good … [Read more...] about COMING ATTRACTIONS: Hill GOP on dealing with Hillary’s agenda — TRUMP opens new front on Clinton Foundation — Big L.A. fundraising day for Clinton — B’DAY: Luke Russert
Driving the Day Good Wednesday morning. SENATE MAJORITY LEADER MITCH MCCONNELL told lawmakers to expect to stay in session through the first two weeks of August. Here what he'd like to see accomplished in the coming weeks, according to several K Streeters: clear executive branch nominations, repeal and replace Obamacare, pass the National Defense Authorization Act, lift the debt ceiling and reauthorize the FDA user-fee structure. -- HOUSE REPUBLICAN LEADERS have stopped short of saying they’ll stay in session -- and privately, some have vowed to stick to the schedule and leave for the summer at the end of July. We assume they’ll have to stay in session for the first week of August. Hope you bought refundable plane tickets! Story Continued Below THE UPSIDE of Congress staying in session: Lawmakers show they’re working. THE DOWNSIDE: If they get nothing accomplished, they look incompetent. McConnell wants to clear a bunch of Trump administration nominees. But … [Read more...] about W.H. UNDER SIEGE, again — REINCE comes under fire, but why? — CROWLEY: ‘Trump Jr.’s love affair with Moscow’ — McCONNELL’s legislative wish list — SCARBOROUGH leaves GOP – B’DAY: Ryan Lizza
Fenske, an attorney by training who has also worked as a forest ranger, was an environmentalist long before hybrid cars like the Prius hit the market. In the early 1990s, he ran unsuccessfully for the Wisconsin state legislature on a renewable energy platform. But he recently decided to go one step further and make an environmental statement with his car. "My decision is a very political decision. I want to get people in this country off their dependency on foreign oil," said Fenske, 48, who lives at the Copper Mountain ski resort near Frisco. A growing number of buyers feel like Fenske. U.S. registrations of new hybrid vehicles rose 38 percent in 2007 to a record 350,289, according to data to be released Monday by R.L. Polk & Co., a Southfield-based automotive marketing and research company. Hybrids made up just 2.2 percent of the U.S. market share for the year, but they were growing steadily even as overall sales declined 3 percent. Lonnie Miller, director of industry analysis at … [Read more...] about CBS News Logo Hybrid Sales Soar 38 Percent In U.S.
By Teri Sforza | [email protected] | Orange County RegisterJanuary 26, 2018 at 1:14 pm Kaekoa Corona, left, and her troop mate Savannah Bonner trying out samples of this year’s Girl Scout cookies. BILL ALKOFER, – ORANGE COUNTY REGISTERGirl Scout Erin Nahas, 19, loads Girl Scout cookies into a truck Saturday, Jan. 27, 2018, at a Babies-R-Us parking lot in Santa Clarita, where more than 200 volunteers distributed cookies for the Scouts’ annual cookie fundraiser. Photo by Dan Watson, Contributing PhotographerTustin Ranch Elementary School’s Brownie Troop 1689 sold 3,039 boxes of Girl Scout cookies. COURTESY OF EUNICE TASSERRene Nunez, left, and Hector Del Villian toss cases of Girl Scout cookies Saturday, Jan. 27, 2018, at a Babies-R-Us parking lot in Santa Clarita, where more than 200 volunteers distributed more than 17,000 cases of cookies for the Scouts’ annual cookie fundraiser. Photo by Dan Watson, Contributing PhotographerMore than 200 volunteers load … [Read more...] about Girl Scouts’ cookie dough makes G.I.R.L. power possible
Dorothy S. (Bleecher) Hess, 94, of Pequea, passed away peacefully on Monday, January 1, 2018, surrounded by her loving family at her daughter's Martic Twp. home. She was under the care of Hospice. Her husband, the late David P. Hess, Sr., died on December 23, 2009. They were married sixty-four years at the time of his death. Born November 19, 1923, in Manheim Twp., she was the daughter of the late J. Elmer and Ella Y. (Arment) Bleecher. For the majority of her life, she worked with her late husband David on their Martic Twp. farm. She also had retired from Exide Technologies, Lampeter. Dorothy was an active member of the Bible Evangelical Methodist Church, Lancaster, which she and her husband helped establish. She will be lovingly missed by a son; Rev. David P. Hess, Jr., husband of Linda, of Conestoga; two daughters; Barbara A., wife of J. David Shertzer, of Red Level, AL, Carol S., wife of Gerald L. Ober, of Pequea; 13 grandchildren; 28 great-grandchildren and one on the way! She was … [Read more...] about Dorothy S. (Bleecher) Hess