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Ricoh sales and profits grow

Sales for the quarter ended 30 September 2015 were registered at ¥1.095 trillion ($9.018 billion/€8.288 billion), increasing 6.1 percent from ¥1.032 trillion ($8.499 billion/€7.811 billion) for the respective 2014 quarter. Gross profits also grew, rising marginally by...

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Brother printer sales grow

Net sales for the Printing & Solutions division came in at ¥236 billion ($1.94 billion/€1.78 billion) for the quarter that ended on 30 September 2015, up from the 2014 figure of ¥217 billion ($1.78 billion/€1.64 billion). Gross profits grew from ¥145 billion...

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US MPS company expands through acquisitions

Vermont-based NATIONAL Business Equipment has acquired Lockrows Business and Catamount Office Technologies to grow its presence in the North Country of New York, with offices in Plattsburgh and Burlington. Lockrows is a total office solution provider, covering digital...

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UK insolvency threshold increases

Businesses in Britain will need a debt of at least £5,000 ($7,711/€6,742) to post for bankruptcy under new legislation, up from the previous figure of £750 ($1,156/€1,011). The changes to the insolvency law came in on 1 October 2015, with more following on 10 October...

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Taiwanese company turns e-waste into gold

Super Dragon Technology (SDTI) takes electronics waste and uses chemical and electrolysis processes to extract liquid gold from precious metals, which then becomes gold sand and is refined and formed into bars. The company uses techniques and equipment from Germany...

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Lexmark opens Saudi Arabia office

The new base in Riyadh was launched to bring the OEM’s MPS offerings and unique software solutions to new customers and consolidate existing clients. Heading the operation is Saeed Alajou, General Manager for Saudi Arabia, who will report to Mathias Militzer, Trade...

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Buyers Laboratory acquires InfoTrends

The test-based analytics group has purchased the imaging market analyst division of Questex, creating a global team of over 125 subject experts. The deal also creates a comprehensive research, sales and productivity and customer engagement network for InfoTrends and...

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EU updates trade secrets law

The directive will introduce EU-wide methods for enforcing trade secrets right when secret commercial information is unlawfully acquired. Current legislation provides minimal protection under Article 39 (2) of the Agreement of Trade Related Aspects of Intellectual...

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Xerox anticipates quarterly loss

Pretax charges of $385 million (€336 million) for delayed government healthcare projects in California and Montana mean the company could face its first fall since March 2010. The OEM said the charge will be around $240 million (€209 million) after tax predicts a loss...

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