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Nokia reports Q4 results better than expected
2013-01-10 14:18:00| Telecompaper Headlines
(Telecompaper) Nokia said its fourth-quarter results were better than expected, thanks to strong sales of its Lumia smartphones and lower costs. The company said its main Devices & Services division is expected to report an adjusted operating margin of breakeven to 2 percent, better than its earlier forecast of minus 6 percent, plus or minus four percentage points. Revenues at the division are estimated at EUR 3.9 billion for the fourth quarter, with 86.3 million phones sold. That includes 79.6 million traditional mobile phones, of which 9.3 million from the Asha touch series, and 6.6 million smartphones, of which 4.4 million of the Lumia Windows devices. Nokia Siemens Networks also performed better than expected, with sales of EUR 4.0 billion and an adjusted operating margin of 13-15 percent. The company had earlier forecast a margin of 8 percent, plus or minus four percentage points. Nokia said it expects results for the first quarter 2013 to be weaker compared to Q4, due to seasonal effects and ongoing tough competition. The margin at Devices & Services is forecast at minus 2 percent, plus or minus 4 points, and the margin at NSN should be a positive 3 percent, plus or minus 4 points. Nokia will report full quarterly results on 24 January.
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SKY Expected To Be Down After Next Earnings Releases
2013-01-10 12:56:44| Mobile Homes - Topix.net
BUYINS.NET / www.squeezetrigger.com is monitoring the performance of all stocks with earnings being released Friday, January 11th 2013 and determining how the stocks have performed After their last 12 quarterly, 6 quarterly and December earnings reports.
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CME: Corn Stocks Expected to be Tight
2013-01-10 01:00:00| ThePigSite - Industry News
US - It is now confirmed, 2012 was the hottest year since records began in 1895, with average temperatures across the US Midwest jumping by some 4 degrees above normal, write Steve Meyer and Len Steiner.
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Freezing Temperatures Expected in North Bay Valleys
2013-01-09 22:20:43| IT Services - Topix.net
By Bay City News Bundle up, Napa Valley: A cold-weather system is headed this way and will linger for several days, a National Weather Service forecaster said.
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2013 auto sales expected to improve
2013-01-09 13:53:37| Auto Dealers - Topix.net
It's another good indicator the economy is improving -- the country's largest vehicle retailer just reported its sales were up 15 percent last month.
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