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UPDATE 1-J&J suspends sale of device used in fibroid surgery
2014-04-30 16:15:05| Food - Topix.net
Johnson & Johnson suspended worldwide sale of its device used in fibroid surgery amid concerns over its potential to spread undetected cancer beyond the uterus.
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VIDEO: Cable defends Royal Mail sale price
2014-04-29 22:50:33| BBC News | Business | UK Edition
The UK Business Secretary, Vince Cable, stands by the initial pricing of Royal Mail shares, as he gives evidence to a parliamentary committee.
Cable defends Royal Mail sale price
2014-04-29 19:16:35| BBC News | Business | UK Edition
The UK Business Secretary, Vince Cable, stands by the initial pricing of Royal Mail shares, as he gives evidence to a parliamentary committee.
Nokia moves to profit, boosts cash after handsets sale
2014-04-29 08:36:00| Telecompaper Headlines
(Telecompaper) Nokia reported first-quarter sales from continuing operations down 15 percent from a year earlier to EUR 2.664 billion. Adjusted operating profit rose 20 percent to EUR 304 million, and the net result improved to a profit of EUR 0.03 per share from a loss of 3 cents a share a year ago. The results exclude the handset activities sold to Microsoft, the proceeds of which boosted Nokia's net cash position to EUR 7.1 billion. The company also announced a special dividend of EUR 0.26 per share, plus its ordinary dividend for 2013 of EUR 0.11 per share. The main business Nokia Solutions and Networks recorded Q1 sales down 17 percent to EUR 2.33 billion, as equipment sales were flat and services revenue fell 25 percent. Cost reductions helped operating profit improve 10 percent year-on-year to EUR 216 million. The Here navigation division also moved to an operating profit of EUR 10 million on sales down slightly to EUR 209 million, and Nokia generated another EUR 131 million in revenue from licensing. Nokia maintained its full-year outlook for NSN to reach the high end of its long-term target of 5-10 percent adjusted operating margin, after a result of 9.3 percent in Q1. In addition, it now expects NSN to report annual sales growth in the second half of 2014. In Q2, the company expects a negative impact on margins from lower software sales at NSN and cash flow to be impacted by staff incentive payments.
Dell 48-Hour Sale Offers Major Savings Online
2014-04-29 02:34:43| PC Magazine Notebooks Product Guide
For two days only, Dell is offering substantial deals on laptops, desktops, and other electronics.
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