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iiNet weighs up offers from two suitors, calls for higher bid
2015-04-30 02:00:00| Total Telecom industry news
Australian ISP mulls A1.4bn cash offer from TPG and A$1.6bn bid from M2; gives former three days it raise its price.
Samsung Q1 profit slips despite higher smartphone shipments
2015-04-29 09:12:00| Telecompaper Headlines
(Telecompaper) Samsung Electronics said revenues for the first quarter fell to KRW 47.12 trillion from 53.68 trillion the year before, with the operating profit sliding to KRW 18.16 trillion from 21.63 trillion and the net profit going lower to KRW 4.63 trillion from 7.57 trillion. Revenues went down to KRW 10.26 trillion from 11.32 trillion for Consumer Electronics (CE) and to KRW 25.89 trillion from 32.44 trillion at IT & mobile communications (IM). At Display Panel (DS), revenues lifted to KRW 17.10 trillion from 15.56 trillion. Samsung said smartphone shipments increased quarter-on-quarter, led by mid to low end products although its average selling price (ASP) declined. Network revenue declined from Q4 due to decreased investment in LTE network by overseas carriers. Looking forward, Samsung expects smartphone and tablet demand to stagnate in the second quarter due to continued weak seasonality. Profit should improve on the back of increased high-end sales, although marketing expenses will also increase. For the full year, product and marketing competition will increase amid a slowdoan of smartphone growth. Samsung added that demand might weaken due to negative forex effects.
Tags: higher
samsung
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smartphone
JetBlue shares fly higher as it beats 1Q profit forecasts
2015-04-28 22:56:18| Airlines - Topix.net
JetBlue shares soared Tuesday after the airline gave an April revenue forecast that was much stronger than those from competitors.
Tags: higher
profit
fly
shares
Don't Sell Your Mattel Shares - They Are Going Much Higher
2015-04-28 20:21:32| Toys - Topix.net
Looks like Barbie has money in her purse again, and she's thinking of having a nice lunch on the company with her friends: I waited a few days to give the other authors a chance to bring something forward about Mattel Corporation . Since there's plenty of good news coming out from the analyst side, and crickets are chirping over here at Seeking Alpha, I thought I'd contribute a nickel's worth of my two cents.
A Few Reason why Nike Will Continue Moving Higher
2015-04-28 00:54:40| Footwear - Topix.net
Nike Inc , a world pioneer in sportswear, has been an extraordinary stock for investors in the course of the last 5-6 years. Since mid 2009, the share price has gone from $20 to $100, creating an awesome yearly return.
Tags: continue
higher
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moving
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