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Business News on July 31, 2011


Brembo's Board of Directors Approved the Results for the First Half of 2011
The Board of Directors of Brembo chaired by Alberto Bombassei met today and approved the Group's results for the first half of 2011: Group's consolidated revenues amounted to EU 632.7 million, up 19% compared to the same period of the previous year.Compared to the first half of 2010:-- Revenues: EU 632.7 million (+19.0%). -- EBITDA: EU 81.1 million (+19.4%). -- EBIT: EU 42 ACN Newswire

Furnitureschina.com: Samsung's Net Profit is $ 3.3 Billion in Q2
Furnitureschina.com reports that Samsung today announced the second quarter earnings. The net profit fell 18 percent compared with the same period of last year, mainly due to two consecutive quarters of losses in flat-panel display business, which covered the profit growth of the mobile phone business. In the second quarter, the net profit of Samsung is 3.51 trillion won, which is $ 3.3 billion ACN Newswire

Omron Presents Digi-Key With 2011 Partnership Excellence Award
Omron Electronic Components LLC presented Digi-Key with the 2011 Partnership Excellence award at the annual Electronics Distribution Show in Las Vegas. Accepting the award on behalf of Digi-Key was Mr. Mark Larson, President. MarketWire

Falken Industries Ltd Expands Production Capacity to Meet Substantial Increase in Demand
Falken Industries Ltd (OTCBB: FLKI) buttressed by strong second quarter sales and increasing demand for its product conceptions is expanding its proprietary product research, development and production capacity in Europe to provide a sustainable competitive advantage for its growing customer base MarketWire

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