It marks a departure from the large-scale outsourcing to overseas suppliers that caused significant delay on Boeing's 787 jet. In announcing the move, Boeing reaffirmed that it plans to deliver the first of the new fuel-efficient jetliners in 2020. Last year, the company had indicated that it was aiming for around the end of the decade.» Read More
*Net profit falls to 229 mln Sfr, beats poll. ZURICH, Nov 7- Barry Callebaut, the world's No. 1 chocolate and cocoa maker, beat analysts' forecasts on Thursday as big food groups, such as Nestle and Mondelez, outsource more chocolate making and as confectionery sales rise worldwide.
Nov 5- IT services firm Cognizant Technology Solutions Corp reported a better-than-expected 22 percent rise in quarterly revenue as businesses, especially financial firms and companies in Europe, outsourced more work and increased spending on consulting.
*Infosys says no limit on eligibility for U.S. federal contracts. BANGALORE, Oct 30- Infosys Ltd said on Wednesday it has reached a $34 million settlement with U.S. authorities in a case involving the widespread practice by Indian firms of flying workers to client sites in the United States on temporary visas.
LONDON, Oct 25- The chief executive of outsourcing firm Serco has quit as part of a major reorganisation aimed at rebuilding its reputation with its biggest customer, the British government, following a series of scandals.
LONDON, Oct 25- Serco, the global outsourcing firm battling to save its relationship with the British government after a series of scandals, said its chief executive had quit as part of a major reorganisation aimed at restoring its reputation.
Oct 24- Xerox Corp warned that operating margins in what is now its biggest business, outsourcing services, would remain low in the current quarter due to the loss earlier this year of a high-margin federal contract to handle student loans.
Oct 24- Xerox Corp forecast adjusted earnings for the current quarter below analysts' estimates as the company expects to take charges related to restructuring in its outsourcing business, sending its shares down 4 percent before the bell.
TAOYUAN, Taiwan, Oct 23- Taiwanese smartphone maker HTC Corp has halted at least one of its four main manufacturing lines, accounting for at least a fifth of total capacity, and is outsourcing production as a sales slump puts pressure on its cash flow, according to sources with direct knowledge of the situation.
BANGALORE, Oct 22- Wipro Ltd, India's third-largest IT services exporter, beat quarterly profit expectations as revenue in its core business grew at the fastest rate quarter-on-quarter in almost two years, thanks to higher spending by its biggest clients.
Oct 17- Pactera Technology International Ltd, China's largest technology outsourcing company, agreed to be taken private by a consortium led by Blackstone Group LP for $625 million, after a month of wrangling over the sale price.
Over the past 50 years, Boeing has increasingly outsourced large airplane pieces such as wings and fuselage sections. The virtuous circle gave work to Japan's heavy industrial companies and helped Boeing keep Airbus largely out of the Japanese market.
BANGALORE, Oct 9- India's IT outsourcers, long bit players in continental Europe, are looking to win over more people like Hans-Petter Aanby.
NEW YORK, Oct 8- U.S. stocks slid on Tuesday as traders cashed in gains in some of the year's best performers amid little progress to end a political crisis in Washington that could affect the U.S. fiscal standing and economic recovery. Shares of LinkedIn lost 5.9 percent to $223.14, and Netflix fell 4.7 percent to $303.06.
Oct 8- Xerox Corp said the U.S. Securities and Exchange Commission was investigating some accounting practices at Affiliated Computer Services, an IT outsourcing firm it bought in 2010 for $5.5 billion.
Sept 19- Medical device maker Covidien Plc said it would cut costs by outsourcing services to low-cost locations and consolidating manufacturing and distribution centers. The company said it expects to record related charges of about $350 million to $450 million, most of which will be incurred by the end of fiscal 2018..
That's because the person speaking is not in Manila or Bangalore, but Auckland, New Zealand, where call centres have been steadily gaining clients from neighbouring Australia.
**LAKELAND INDUSTRIES INC, $5.70, up 37 pct. The safety gear retailer's second-quarter earnings more than doubled to $4.2 million, or 74 cents per share, helped by higher revenue from the United States and China and lower operating expenses.
**INTEL CORP, $23.22, up 2.6 pct. **GSV CAPITAL CORP, $13.77, up 13 pct. The investment management firm holds more than $37 million stock of Twitter Inc, which filed for an initial public offering on Thursday.
*Blackstone cites Pactera's weak results since May proposal. *Pactera shares down 5 pct. Sept 13- China's largest technology outsourcing company, Pactera Technology International Ltd, said Blackstone Group LP and the company's management reduced their offer to take the company private, citing its weakening financial performance.
**FACEBOOK INC, Thursday close $44.75, up 1 pct premarket. **INTEL CORP, Thursday close $22.63, up 2 pct premarket. The brokerage raised its price target on the stock to $30 from $27.