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US retail sales fall unexpectedly
2015-02-12 16:35:17| BBC News | Business | UK Edition
US retail sales show an unexpectedly sharp fall in January, prompted some economists to revise down growth forecasts.
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Russian car sales may fall up to 35% in 2015, PwC says
2015-02-09 13:25:12| Auto Dealers - Topix.net
Russian new-car sales are expected to decline by 25 to 35 percent this year as a weakening ruble and a sharply declining economy hit demand, accounting firm PricewaterhouseCoopers said. PwC said in a presentation that sales could reach 1.52 million to 1.75 million units, compared to 2.34 million in 2014, when registrations were down 10 percent in annual terms.
GlaxoSmithKline sees sales fall
2015-02-04 15:18:00| BBC News | Business | UK Edition
Drugs giant GlaxoSmithKline (GSK) reports a drop in fourth-quarter sales as demand for its asthma drug Advair remains weak.
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Lenovo sales up 31%, profits fall on acquisition costs
2015-02-03 08:34:00| Telecompaper Headlines
(Telecompaper) Lenovo reported revenues for its fiscal third quarter of USD 14.1 billion, up 31 percent year-on-year. Adjusted pretax profit, excluding costs for the company's takeovers of Motorola Mobility and IBM's x86 server business, rose 8 percent to USD 348 million. Including these costs, net profit for the three months to December fell 5 percent to USD 253 million. PCs accounted for 65 percent of the company's revenue, down from 81 percent a year ago, while Mobile delivered 24 percent and Enterprise contributed 9 percent. Lenovo shipped 16 million PCs in the quarter, up 4.9 percent year-over-year. Motorola shipped over 10 million phones, more than double the year-earlier period, and contributed USD 1.9 billion to Lenovo's total USD 3.4 billion in mobile revenues.
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Barbie Doll Maker Mattel's Sales Fall Again
2015-01-30 18:25:51| Toys - Topix.net
Mattel Inc will evaluate its business and move with a "heightened sense of urgency," interim CEO Christopher Sinclair said, as the maker of Barbie dolls posted its fifth straight fall in worldwide quarterly sales. Shares of the company, which also makes Fisher-Price preschool toys and Hot Wheels toy cars, fell 3 percent in premarket trading.
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