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Telecom-equipment maker Ciena posts surprise loss
2014-12-11 15:57:02| Telecom - Topix.net
Ciena Corp. reported a surprise loss in the October quarter, as revenue growth in its biggest network segment was unable to offset expected hits from a supplier agreement with AT&T Inc. The telecom-equipment maker had earlier warned that uncertainty tied to the timing of potential orders, as well as concessions related to its recent supplier agreement with AT&T would dent its revenue in for the fourth quarter. Early-stage network deployment and other related costs could put pressure on margins, while certain upfront incentives and concessions as part of its agreement to be a Domain 2.0 supplier for AT&T will have a disproportionate impact on the quarter's revenue and margins.
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Green Climate Fund hits $10 bln goal, Aust surprise
2014-12-10 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Reuters: A new Green Climate Fund that aims to help poor nations cope with global warming reached a U.N. goal of $10 billion on Tuesday at global climate talks in Lima, helped by a surprise donation from Australia. Several of the 190 nations at the meeting welcomed the cash from both Australia and Belgium, but China said rich countries were not working fast enough to meet a broader goal of providing $100 billion a year by 2020 from public and private sources to help the poor cope. "We've got above one...
Surprise fall in UK manufacturing
2014-12-09 11:52:47| BBC News | Business | UK Edition
UK manufacturing output unexpectedly fell 0.7% in October, hit by a decline in output in computer and electronics, according to official figures.
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Pep Boys swings to a surprise loss
2014-12-09 02:11:33| Auto Parts - Topix.net
It was the company's second consecutive quarterly loss, once again surprising Wall Street analysts who had projected a profit. On Monday, Pep Boys said it had hired executive-recruiting firm Spencer Stuart to help recruit a new chief executive.
Nothing about the U.S. cattle market should surprise us any more
2014-12-04 15:34:00| Beef
The U.S. fed cattle market has been nothing short of incredible this year. But that doesnt mean feedyard margin concerns have been alleviated. read more
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