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Weaker Aussie dollar driving wine prices down in US

2013-08-08 15:06:38| Waste Management - Topix.net

The recent weakening of the Australian dollar against the American dollar is leading to a drop in retail prices for Australian wine in the US.

Tags: us prices driving wine

 

Meat Market Update | Weaker Primal Cuts Contribute To Drop In Choice Cutout

2013-08-01 16:05:00| Beef

LimelightPlayerUtil.initEmbed("limelight_player_437465"); Ed Czerwien, USDA Market News reporter in Amarillo, TX, offers a concise summary of how last week's beef trade impacted the cattle market and beef prices. read more

Tags: market update choice drop

 
 

Sony sales boosted by smartphones, weaker yen

2013-08-01 09:36:00| Telecompaper Headlines

(Telecompaper) Sony reported revenues for its fiscal first quarter to June up 13 percent from a year earlier to JPY 1.713 trillion (USD 17.3 billion), boosted by the weaker yen and growing smartphone sales. Excluding currency effects, sales were down 3 percent. Operating profit jumped to JPY 36.4 billion from JPY 6.3 billion a year ago, driven by the mobile communications and financial services divisions, and the net profit rose to JPY 3.5 billion from a loss of JPY 24.6 billion a year earlier. The mobile division, which includes phones and computers, grew sales 36.2 percent to JPY 389 billion, and the operating result moved to a profit of JPY 5.9 billion from a loss of JPY 28.1 billion a year ago. Smartphone sales in units reached 9.6 million, up from 8.1 million in the March quarter and 7.4 million a year earlier. The company maintained its full-uear outlook for unit sales of 42 million smartphones, but cut the forecast for cameras, TVs and PCs. Thanks to the positive currency effects Sony raised its full-year outlook to sales of JPY 7.9 trillion from a forecast in May of 7.5 trillion. The profit outlook was left unchanged.

Tags: sales sony yen smartphones

 

Apple Q3 profit down 22% on weaker margins

2013-07-24 02:00:00| Total Telecom industry news

iPhone sales jump 20% to 31.2 million units but iPad sales dip 14%.

Tags: apple profit margins weaker

 

Samsung Electronics shares down 3 percent on weaker earnings outlook

2013-06-26 10:39:09| Electronics - Topix.net

Shares in Samsung Electronics Co Ltd slumped 3 percent to nine-month lows on Wednesday, as investors braced for weaker-than-expected earnings from the smartphone maker for the April-to-June period.

Tags: electronics percent samsung shares

 

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