Western Digital Gets USD 3.8 Billion

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Western Digital (WD) reported financial results for the second fiscal quarter ended March 29, 2013. For income, WD earned $ 3.8 billion, up from winning the USD 3 billion in the same quarter last year.

But for the profit side, the digital storage media maker earned less than satisfactory results. WD’s net profit stood at USD 391 million, down from last year which exceeded USD 483 million.

As for shipping the hard drive as much as 60.2 million units for the third fiscal quarter ended March 29, 2013. While in the year-ago quarter, sending 44.2 million WD hard drive.

Non-GAAP net income in the year-ago quarter amounted to USD 619 million or USD 2.52 per share.

WD generating $ 727 million in cash from operations during the March quarter, bringing the total cash and cash equivalents are held at USD 4.1 billion.

During this quarter, WD uses USD 243 million to buy back 5.2 million shares of common stock. On February 14, WD announced common stock dividend of $ 0.25 which was paid on April 15.

“Strong execution by our HGST and WD subsidiaries encourage outstanding results in the March quarter as we continue to capitalize on the secular growth of digital data,” said Steve Milligan, president and chief executive officer of WD.

“Demand for the industry as a whole is in line with our expectations. In our business, we saw strength in corporate, stable performance in client and consumer electronics, and some seasonal softness is already anticipated in the branded product,” he said, in a written statement on Wednesday (08.05.2013).

Extreme weather, Onion Production Dropped

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Onion harvest has started in some areas, such as Nganjuk and Probolinggo. However, extreme weather conditions that occurred this year make onion production of farmers losing half of normal conditions.
“Under normal conditions, the average onion production 20 tons per hectare. Now the average production of 10 tons to 11 tons per hectare,” said Vice Chairman of the Indonesian Red Onion Seed Association (APBMI), Akat, told Tempo on Tuesday, 30 July 2013.
In addition to the production down, Akat said the cost of onion production in the growing season is also increasing. Akat example, the current cost of onion production in Probolinggo of Rp 75 million per hectare, while in Nganjuk Rp 90 million per hectare, including land lease costs.
“This year, the high production costs due to higher seed prices. Maintenance costs are also high due to the high need for pesticides. Additionally, labor costs are also rising,” said Akat.
Akat said that onion prices at the farm level Rp 25 thousand to Rp 30 thousand per kilogram. Akat admitted, with this price level, farmers are still able to enjoy the benefit.
Despite declining production, Akat not expect the government to tap the import of red onions. Moreover, the peak onion production will take place on August 2013. Akat said it feared import onion to make onion prices at the farm gate sag.
“New no import information, prices at the farmers has dropped from Rp 30 thousand per kilogram to Rp 20 thousand per kilogram. Especially if anyone realized,” said Akat.
Akat said, with the influx of imported red onions, the traders do not dare to buy local red onion with a high price. The entry of onion imports, according Akat, would only reduce the price at the farm level, not at the consumer level.
“Yesterday, the price at the farmers down there when importing information, but the retail price in the market is still high, still Rp 50 thousand to Rp 60 thousand per kilogram,” said Akat.
In the second half of 2013, the government gave import quota 16 781 tonnes of onion. Until August 25, 2013, it

Click once, Colibri Bird Cake Pun Fly Home!

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Jakarta – For fans of cake, cakes gently biting it feels very nice. Especially if his cake moist, not too sweet, and beautiful. It feels twice the bribe is not enough! His cake delivered to the house. No need to get stuck in traffic! Yum, yum!

Along with the development of technology, now many cottage industry selling food online. Cake is one of the many products offered through the website or social networking. Cakes and packaging quality is not lost with renowned cake shop.

Buy cake online from a lot of choice. No need to go to where he tired. Stay browsing the website, select the product from the catalog, then book via the Internet or telephone. Payment is usually made via transfer or COD (cash on delivery). At the appointed time, Meals to the desired location!

One of the online cake business is Minilovebites.com. The business is run by Venita Daben, radio show host and announcer, with his youngest sister, Ifa Daben. They sell the whole cake and cupcake pieces as well as a variety of flavors. We also tried to spoil the tongue with their homemade cake without getting out of the office.

There are six flavors offered cake. Strawberry Shortcake is a classic, and Salted Caramel Walnut Hummingbird containing peanuts, as well as Ra

SBY Promises Promote Lumajang Banana chips to Europe

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President Susilo Bambang Yudhoyono (SBY) banana chips production appreciate the home-based business in Lumajang, East Java.

SBY presence in order to Lumajang Ramadan safari along with several ministers. He took time to review the kirana farmers cultivating bananas and cottage industry in the village of process banana chips Burno, District Senduro.

Remarkably, despite a cottage industry, banana chips production there has been exported to foreign countries, such as Singapore and Hong Kong. Yudhoyono also promised to market the entrepreneur of Lumajang banana chips can penetrate the European market.

In addition to chips, cottage industry in the village Burno also produce jams that basic ingredients of banana kirana also.

Pertamina Oil Production Add 3,000 bpd of Madura

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A subsidiary of PT Pertamina (Persero), Pertamina Hulu Energi West Madura Offshore (PHE WMO) managed to increase oil production of 3,000 barrels per day (bah) and 10 mmscfd of gas.

General Manager of PHE WMO H Kardono Bambang said, adding that diproduksikannya wells from the platform PHE 54.

“So PHE WMO production today reached 24,200 barrels per day (bpd) production increased 77 percent compared to the current production was first administered PHE WMO WMO Block on May 7, 2011 and which only amounted to 13.725 bph,” Bambang said in Jakarta, Thursday (1 / 8/2013).

Bambang added that the pavilion PHE 54 bridge is one of three new rigs and one platform improvements constructed and installed after the block is managed by PHE WMO WMO.

“With the completion of projects in the pipeline under the sea 16 inch long 21 kilometers connecting 54 PHE, PHE PHE 39 and 38B to Poleng Processing Platform (PPP), the four wells in Pavilion PHE 54 can begin to be produced,” said Bambang.

Bambang said, in the second half of 2013, PHE WMO will drill nine development wells.

“With the addition of the wells are then expected to meet production targets are already in stake in the work plan budget (Work, Plant & Budget / WP & B) WMO 2013. Semester of 14 thousand barrels per day, until the end of the year hopefully up to 20 443 bpd. We still completed nine wells hopefully rise again, “he said.

US factory output increases modestly in June to help boost industrial production 0.3 pct.

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U.S. factories cranked out more business equipment, home electronics and autos last month, boosting manufacturing output for the second straight month.

The Federal Reserve said Tuesday that manufacturing production rose 0.3 per cent in June from May. That followed a 0.2 per cent gain the previous month. Still, the two consecutive gains barely offset production declines in March and April.

Overall industrial production, which includes factories, mines and utilities, also rose 0.3 per cent in June. Mining output increased 0.8 per cent, while utility output slid 0.1 per cent.

Manufacturing is the most critical component of industrial production. The recent gains are a hopeful sign that factories could rebound in the second half of the year.

The “report confirms the picture of a moderate recovery in the manufacturing sector,” Annalisa Piazza, senior economist at Newedge Strategy, wrote in a research note.

Manufacturers have struggled this year, providing little support to the economy. Their output is up just 1.8 per cent over the past 12 months. And factories have cut jobs in each of the past four months, shedding a total of 24,000 since February.

A key reason for the weakness is slower global growth has cut demand for U.S. exports. Europe is still in a recession and China’s economy grew from April through June at the slowest pace in more than two decades.

Manufacturing has shown improvement in Britain, France and Italy. Large Japanese manufacturers are also sounding optimistic for the first time in nearly two years.

There have been other positive signs that suggest U.S. factory production could increase in the second half of the year.

The Institute for Supply Management said that factory activity improved in June after hitting its lowest level in four years. But the closely watched manufacturing survey reported that employment fell to its lowest level since September 2009.

Factory activity in the New York region grew for the second straight month in July, according to the Federal Reserve Bank of New York’s Empire State manufacturing survey.

U.S. businesses reported a strong 1.1 per cent increase in sales in May, the Commerce Department reported. Those same firms only increased their stockpiles slightly, suggesting they will need

JAL profit down 31.9 percent

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Japan Airlines (JAL) announced a net profit in the April-June period fell 31.9 percent to 18.33 billion yen (187 million dollars), after rival All Nippon Airways reported a loss due to soaring fuel costs.

JAL, which re-listed its shares in Tokyo last year after a bankruptcy restructuring high performance, reported sales totaled 294.1 billion yen, up 2.6 percent.

While the carrier did not give specific reasons for lower profits, where a sharp decline in the yen exchange rate has boosted the price of fuel is predominantly dollar-denominated purchases. Fuel is one of the biggest cost element for the aviation industry.

Four months Boeing Dreamliner in-“grounded” also hit two largest airlines in Japan, where ANA said on Tuesday that the crisis has helped drag losses of 6.6 billion yen for the three months to June.

For the fiscal year to March 2014 JAL retaining previous forecast unchanged, the net profit of 118 billion yen in total sales of 1.272 trillion yen, reported AFP.