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Turkish Currency Drops Against US Dollar

Published July 10, 2009, 4:12 am, INO News

(RTTNews) - The Turkish lira declined to 1.5578 against the US dollar at 6:25 am ET Friday. If the Turkish currency falls further, 1.572 is seen as the next target level. The pair closed yesterday's deals at 1.5442.

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Energotel Targets New Customer Segments With Next-Generation Network

Published July 10, 2009, 4:05 am, FiberOpticsOnline

Ciscotoday announced that Slovak telecommunications operator Energotel has deployed a Cisco® Internet Protocol Next-Generation Network (IP NGN) based on Cisco's optical networking and routing technologies. The new backbone spans more than 2,500 km (1,553 miles) and connects 150 cities

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Penford Reports Third Quarter 2009 Financial Results

Published July 10, 2009, 3:00 am, Business Wire via Yahoo! Finance

CENTENNIAL, Colo.----Penford Corporation , a global leader in renewable, natural-based ingredient systems for industrial and food applications, today reported that consolidated sales for the quarter ended May 31, 2009, were $78.7 million compared with $102.8 million a year ago.

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Overland Storage intros biz continuity apps

Published July 10, 2009, 12:52 am, CIOL

SAN DIEGO, USA: Overland Storage, Inc., a provider in data protection solution on Wednesday announced that it has introduced the REO Business Continuity Appliance (BCA), that offers small and medium-sized businesses with affordable, streamlined approach for protecting mission-critical applications and data as well as physical and virtual server environments.

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Turkey Capacity Utilization Rises In June

Published July 10, 2009, 12:41 am, INO News

(RTTNews) - Friday, a report by the Turkish Statistical Institute said the rate of capacity utilization in the manufacturing sector increased to 72.7% in June from 70.4% in the preceding month. Economists expected the rate to be 74%. A year ago, the rate stood at 82.3%.

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Finnish Industrial Output, New Orders Contract Further In May

Published July 10, 2009, 12:32 am, INO News

(RTTNews) - Friday, a report from Statistics Finland said industrial output dropped a working day adjusted 23.2% year-on-year in May, faster than a 21.3% fall in the previous month.

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Bank Of Korea Ups GDP Forecast As Stimulus Actions Take Effect

Published July 10, 2009, 12:32 am, INO News

(RTTNews) - Boosted by stimulus spending, the prevailing low interest rate environment and signs of stabilization emerging in global economic conditions, the South Korean economy is expected to fare better than initially thought, according to Bank of Korea's latest estimates.

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Interview: A triple-play for enterprise IT cost reduction

Published July 10, 2009, 12:07 am, IT-Analysis

As the global economic downturn accelerates the need to reduce total technology costs, IT consolidation, application modernization, and server virtualization play self-supporting roles alone—and in combination.

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Amid wild period, UMC sales up in June

Published July 9, 2009, 3:23 pm, EETimes

Amid a topsy-turvy period, Taiwan's United Microelectronics Corp. (UMC) reported unaudited net sales of NT$8.236 billion ($250 million) for the month of June, up 9.6 percent from the previous month and up 1.62 percent from a year ago. Sponsored Topics: Taiwan - New Taiwan dollar - United Microelectronics Corporation - United States - Asia

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Amid wild period, UMC sales up in June

Published July 9, 2009, 3:15 pm, EETimes

Amid a topsy-turvy period, Taiwan's United Microelectronics Corp. (UMC) reported unaudited net sales of NT$8.236 billion ($250 million) for the month of June, up 9.6 percent from the previous month and up 1.62 percent from a year ago.

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