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Covenant UltraTech to Distribute CheckSum Products in the Philippines

ARLINGTON, Wash.--(BUSINESS WIRE)--CheckSum today announced that Covenant UltraTech, a division of the Covenant Group, will sell, install and service CheckSum products in the Philippines. The distribution agreement

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Ultratech, Inc. to Open the NASDAQ Stock Market

SAN JOSE, Calif.--(BUSINESS WIRE)--Ultratech, Inc. (NASDAQGM: UTEK), a leading supplier of lithography and laser-processing systems used to manufacture semiconductor devices, today announced

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Dish Network Insider Buys $8.1M Worth

... (BSX)Nicholas Peter MDIR100,000$715,400 Stanley (SXE)Gallagher Lawrence ADIR20,000$630,505 Ultratech (UTEK)Wright Bruce RCFO,VP,SEC,FO39,711$466,410 Successfactors (SFSF)Dunn EricDIR75,100$425,141 Key to Titles: A=Assistant, AI=Affiliated Investor, AO=Accounting Officer, BD=Business Development, BO=Beneficial Owner, CAO=Chief Accounting Officer, CB=Chairman, CCO=Chief Compliance Officer,...

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Cement players bet big on ready mix concrete business

... expected to do so at 25% in the coming years. In accordance, companies like Grasim Industries Ltd, UltraTech Cement Ltd, Lafarge and JK Lakshmi have plan to setup several ready mix concrete units in the next two years. Whereas Grasim plans to add 24 ready mix concrete units at an investment of Rs 411 crore, UltraTech will add 17 units with investment worth Rs 150 crore. Similarly,...

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Cement prices to plunge by December-end

... “If the demand slowdown continues in future, then a price cut is possible,” said KC Birla, CFO, UltraTech Cement. However, when asked whether UltraTech will also cut cement prices, he said, “We have not yet witnessed this situation so far.” Wholesale prices have not come down so far, but retail prices have started taking a dip, it is learnt. Moreover, in the North-East, prices are...

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Timely Trio For Traders

... Term PowerRatings stocks that are most likely to provide the winning opportunities for tomorrow.Ultratech) Short Term PowerRating 8. Relative strength index (2): 7.02 Usana Health Services)Short Term PowerRating 8. RSI (2): 36.08Northwest Natural Gas) Short Term PowerRating 8. RSI (2): 10.74All three stocks in the current report have Short Term PowerRatings of 8. Our research into short-term...

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Cement firms press alarm bell as topline melts

Cement firms press alarm bell as topline meltsSmita Joshi SahaPosted: Oct 31, 2008 at 2358 hrs ISTUpdated: Oct 31, 2008 at 2358 hrs ISTThe 204 million tonne per annum cement industry in India is going through difficult times, as it faces double trouble with topline and operating margins both reeling under pressure. Cement majors including ACC, UltraTech, Ambuja Cements and Binani Cement, among...

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Dismal Q2 performance shows cement still on shaky ground

... at the Himachal Pradesh and Chattisgarh plants. Another cement major, Grasim, and its subsidiary UltraTech, aren’t exactly celebrating. Grasim and UltraTech’s consolidated operating margins fell to 20.7% from 29.7% in Q2FY07. The figure includes the former’s textile business. While announcing its June quarter results, Grasim had said it would acquire coal mines in South Africa or...

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Will retiring Birla biggies get extension?

... 62 in January 2009), CFO and whole-time director, Grasim Industries, Saurabh Misra (61), CEO, UltraTech Cement and Debu Bhattacharya (who turns 60 soon), managing director, Hindalco Industries. Three among these directors - Singh, Misra and Bhattacharya - are members of the Aditya Birla Management Corporation (ABMC), the group's apex body which provides strategic direction for the group....