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GenCorp posts 2014 loss, but list of funded contracts grows

2015-01-31 02:13:04| Automakers - Topix.net

Rocket maker GenCorp Inc. said lost $53 million in its 2014 fiscal year, down from a gain of $167.9 million the previous year. Rocket maker GenCorp Inc. said Friday it lost $53 million in its 2014 fiscal year, down from a gain of $167.9 million the previous year.

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SHOTOVER Grows Europe Business with Sales of Its Groundbreaking SHOTOVER F1 Aerial Camera System to Production Companies MovieBird, Red Rental, ACS France, Orange Aerial and Heli-One

2015-01-30 11:30:48| Industrial Newsroom - All News for Today

SHOTOVER Reseller Hildemann + Partners Leads Deals with the Five ProdCos LOS ANGELES,  SHOTOVER, the maker of high performance stabilization platforms for the motion picture and broadcast industries, announced today the sales of its groundbreaking SHOTOVER F1 to European production companies MovieBird (Norway...

Tags: business system france sales

 
 

LG grows smartphone shipments 18% in Q4

2015-01-29 08:29:00| Telecompaper Headlines

(Telecompaper) LG Electronics announced a net loss of KRW 205.7 billion (USD 189.4 million) for the fourth quarter, hurt by a write-off for the closure of its plasma TV operations. Operating profit was still up 28 percent year-on-year to KRW 275.1 billion, and revenues rose 4.9 percent to KRW 15.27 trillion, driven by strong growth in smartphone shipments. The mobile division recorded sales up 5 percent year-on-year to KRW 3.78 trillion, and smartphone shipments rose 18 percent to 15.6 million. Shipments to North America jumped 78 percent year-on-year, while LG's home market Korea was weaker due to reforms in handset subsidy regulations. LG's operating margin fell to 1.8 percent compared to 3.9 percent in Q3 due to the weak Korean market, lower ASPs due to intense competition and unfavourable currency movements. Compared to a year earlier, the mobile operating result improved to a profit of KRW 67.4 billion from a loss of KRW 43.4 billion. The company expects the smartphone market to continue to grow, but competition to gain market share in all regions will also intensify, with strong product line-ups from global players. LG said it will focus on improving profitability, led by a focus on premium models and concentrating on more selective markets.

Tags: grows smartphone shipments q4

 

Nokia Q4 revenues up 9%, underlying profit grows 28%

2015-01-29 08:01:00| Telecompaper Headlines

(Telecompaper) Nokia reported fourth-quarter revenues up 9 percent year-on-year to EUR 3.80 billion. Adjusted operating profit rose 28 percent to EUR 524 million, while EPS was still down 58 percent to EUR 0.08. Nokia reported revenue growth across all three divisions. Nokia Networks sales increased 8 percent to EUR 3.4 billion, led by a strong performance in North America, and licensing revenues were up 23 percent to EUR 149 million, thanks to more income from Microsoft for making Nokia phones. HERE achieved 15 percent annual growth in revenues to EUR 292 million, helped by positive trends in the automotive market. Nokia expects the sales growth to continue in 2015 and also raised its outlook for profitability at HERE. The company increased its annual dividend to EUR 0.14 per share from EUR 0.11 in 2013.

Tags: profit nokia underlying revenues

 

Wayne, Holmes dealerships upgrade; auto industry grows

2015-01-26 00:07:50| Auto Dealers - Topix.net

The American auto industry's recovery since the darkest days of the recession is well-documented. Yet it's not just a revival seen in Detroit, but in Wooster, too.

Tags: auto industry upgrade wayne

 

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