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Wells Fargo is Cautious on Steel Sector, Downgrades Nucor and U.S. Steel

2013-11-23 00:57:52| Steel - Topix.net

In a report published Friday, Wells Fargo analyst Sam Dubinsky downgraded Nucor Corporation and United States Steel Corp. .

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Employers still cautious on hiring

2013-11-11 01:04:29| BBC News | Business | UK Edition

Stronger economic growth in the UK over the next few years will not be accompanied by a big rise in employment, a survey suggests.

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Heifer Retention Remains Cautious

2013-11-09 14:04:00| Beef

Judging by chatter and heifer prices at auction, more producers are at least contemplating herd expansion. But, looking at the mix of heifers on feed, Nevil Speer at Western Kentucky University says, "Producers dont appear to be settling into the commitment associated with heifer development. He adds that could change as marketing season continues. read more

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Qualcomm posts strong Q3, gives cautious outlook

2013-11-07 08:40:00| Telecompaper Headlines

(Telecompaper) Qualcomm reported another quarter of strong growth thanks to demand for its chips in smartphones. Revenues of USD 6.48 billion were up 33 percent year-over-year and 4 percent sequentially. Operating profit for its fiscal fourth quarter rose 29 percent from a year earlier to USD 1.59 billion, and net income for the three months to September increased 18 percent to USD 1.50 billion or 86 cents a share. After operating cash flow of USD 2.52 billion, the company finished the quarter with cash of USD 29.4 billion. Qualcomm said its MSM shipments rose 35 percent in the past quarter and 21 percent in the fiscal year. For the fiscal first quarter, it expects growth of 7-15 percent to 195-210 million units, and revenues up 5-15 percent year-on-year to USD 6.3-6.9 billion. The company forecast EPS slightly lower in the quarter, down 6-16 percent to USD 0.92-1.02, but expects growth of 9-14 percent over the full year. Overall, Qualcomm expects the mobile phone market to grow in calendar 2014 to around 1.26 billion units, from an estimated 1.10 billion this year.

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Experts in Africa cautious on potential malaria vaccine

2013-10-09 01:23:50| Biotech - Topix.net

DURBAN, South Africa: Expe rts in Africa, the continent worst-hit by malaria, reacted with optimism but also caution Tuesday at hopes that the first vaccine against the killer disease may soon reach the market.

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