Avnet Posts Record Q2

Avnet, Inc. (NYSE:AVT) today announced results for the second quarter fiscal year 2014 ended December 28, 2013. Sales for the quarter ended December 28, 2013 increased 10.8% year over year to record sales of $7.4 billion; organic sales (as defined later in the document) grew 8.2% year over year and 8.1% in constant currency. Adjusted operating income…

Bosch Sales Up for 2013

According to preliminary figures, the Bosch Group increased its sales by 2.7 percent in 2013, to 46.4 billion euros, and this despite the difficult economic environment (adjusted previous-year figure: 45.2 billion euros). In the form of negative exchange-rate effects to the tune of some 1.5 billion euros, the strong euro places a considerable burden on…

Mixed Results at AMD

AMD (NYSE: AMD) today announced revenue for the fourth quarter of 2013 of $1.59 billion, operating income of $135 million and net income of $89 million, or $0.12 per share. The company reported non-GAAP operating income of $91 million and non-GAAP net income of $45 million, or $0.06 per share. For the year ended December…

Macro Sensors Redesigns Website

LVDT and RVDT sensor manufacturer Macro Sensors has redesigned its web site to simplify the selection of linear and rotary position sensors by specific industry applications.  To help web visitors find the right linear or rotary position sensor for their specific application requirements while describing its expanding capability in different markets, Macro Sensors has grouped…

TI 2013 Sales Slip; Earnings Up

Texas Instruments Incorporated (TI) (NASDAQ: TXN) today reported fourth-quarter revenue of $3.03 billion, net income of $511 million and earnings per share of 46 cents. Results include charges of $49 million, which reduced earnings by 3 cents per share, for a restructuring action that was not included in the company’s prior guidance. Regarding the company’s…