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Lloyds expected to cut 9,000 jobs

2014-10-23 00:59:48| BBC News | Business | UK Edition

Lloyds Banking Group is planning to cut around 9,000 jobs - around a tenth of its entire workforce - over the next three years, the BBC understands.

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Global Fluorochemical Demand Expected to Rise

2014-10-22 07:00:00| Coatings World Breaking News

Will rise to 3.8 million metric tons by 2018

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Apple quarterly sales stronger than expected

2014-10-21 08:40:00| Telecompaper Headlines

(Telecompaper) Apple reported revenues of USD 42.1 billion for its fiscal fourth quarter to September, up from USD 37.5 billion a year earlier and better than the company's forecast of USD 37-40 billion. The gross margin rose to 38 percent from 37 percent, and net profit increased to USD 8.5 billion or USD 1.42 per share, from USD 7.5 billion or USD 1.18 per share a year ago. The company sold 39.2 million iPhones in the quarter, up 16 percent year-on-year, while iPad sales fell 13 percent to 12.3 million. The number of Macs sold rose by 25 percent to 5.5 million. After operating cash flow of USD 13.3 billion in the quarter, Apple will pay a cash dividend of USD 0.47 per share. For the current quarter, Apple forecast a jump in revenue to USD 63.5-66.5 billion, thanks to strong sales of the recently launched iPhone 6. The gross margin is estimated at 37.5-38.5 percent. 

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What Could Be Expected From Coca-Cola's Third Quarter?

2014-10-20 19:42:43| Beverages - Topix.net

The food and beverages giant, Coca-Cola , is slated to declare its third-quarter results for the fiscal year on October 21, and analysts are speculating on the expected top and bottom line from the quarter around the clock. As the stock has risen and has already outpaced the S&P 500 Index, analysts are interested to find out the segments that could help in generating revenue and profit figures matching their expectations.

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Ziggo to shed more staff than expected

2014-10-20 02:00:00| Total Telecom industry news

Dutch cableco will eliminate 900 staff following UPC merger, according to press report.

Tags: staff expected shed ziggo

 

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