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Allete Inc. Plans Quarterly Dividend of $0.48

2013-07-30 15:47:58| Auto Dealers - Topix.net

Allete declared a quarterly dividend on Monday, July 29th, Stock Ratings Network.com reports.

Tags: plans quarterly dividend quarterly dividend

 

SPAIN: Cortefiel plans US retail entry

2013-07-30 15:15:00| Daily apparel & textile news and comment - from just-style.com

Spanish fashion retail business Grupo Cortefiel is entering the US market this September, part of a planned expansion in association with the Al Hokair Fashion Retail group.

Tags: entry plans spain retail

 
 

HTC sees sales slowing in Q3, plans new phones for Q4

2013-07-30 09:57:00| Telecompaper Headlines

(Telecompaper) HTC has forecast a slowdown in sales in the third quarter, as it works on expanding its range of smartphones. The company expects quarterly revenue of TWD 50-60 billion, down from TWD 70.7 billion in the second quarter. The gross margin is estimated at 18-21 percent, versus 23.2 percent in Q2, and the operating margin at break-even to 8 percent, compared to 1.5 percent in the previous quarter. In a presentation on Q2 results, HTC said margins were under pressure from a relatively high cost structure, lack of scale and provisions to clear old inventory. The company said it's taking action and hopes to see improvement towards the end of the year. It saw some progress in sales in the latest quarter thanks to the launch of the HTC One, which helped improve its share of the "superphone" market in key areas such as China and western Europe. It's now working on expanding its range of mid-tier phones, with launches expected by Q4. HTC also announced a number of appointments, including Jack Yang to president of South Asia, Sirpa Ikola to senior director of marketing for South Asia and Lorain Wong to vice president of global PR.

Tags: sales plans phones sees

 

Corridor Revival: Southwest 9th Street Plans

2013-07-30 03:24:22| Auto Dealers - Topix.net

The Des Moines city council will discuss plans Monday night to revitalize a major road that runs through the south side of the city, through the heart of downtown.

Tags: street plans 9th southwest

 

Wayne State plans sweet send-off for president

2013-07-30 01:59:39| Automakers - Topix.net

Detroit -- Wayne State University is planning a public send-off this week for outgoing President Allan Gilmour.

Tags: state plans president sweet

 

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