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US retail sales dragged down by cheaper gas, fewer auto purchases; sales rise in other areas
2015-02-12 15:38:03| Auto Dealers - Topix.net
U.S. retail sales fell sharply last month as gas prices plummeted and auto sales slowed. But excluding those volatile categories, Americans stepped up their spending a bit.
US retail imports set to rise as port shutdown looms
2015-02-11 17:23:00| Daily apparel & textile news and comment - from just-style.com
Import cargo volume at major US retail container ports is set to grow 10.1% year-on-year in February, as West Coast ports come closer to a possible shutdown due to the lack of labour contract for some 20,000 dockworkers.
Market Close: Shares rise led by Air NZ on falling fuel costs; SkyCity gains on first half
2015-02-11 09:41:31| Airlines - Topix.net
New Zealand shares rose, led by Air New Zealand on falling fuel prices. SkyCity Entertainment Group gained after reporting first-half results.
ARM revenues rise 18% in Q4, lifted by strong royalty sales
2015-02-11 09:05:00| Telecompaper Headlines
(Telecompaper) ARM reported fourth-quarter revenues up 18 percent year-on-year to USD 357.6 million, boosted by strong royaly revenue. The adjusted operating margin improved to 51.4 percent from 48.8 percent the year earlier while pretax profit lifted 25 percent to GBP 118.9 million and earnings per share increased 36 percent to 7.2 pence (GBP). ARM said processor licensing revenue in the US rose 30 percent and that processor royalty in the US advanced 16 percent. Order backlog was up 5 percent from the third quarter. The company recorded a growth in the adoption of ARM processor technology and said it signed a record 53 processor licenses for a broad range of applications. The company shipped 3.5 billion ARM-based chips, up 20 percent from the year before. It also recorded strong growth in shipments of microcontrollers and chips for mobile devices. For the first quarter, total group dollar revenues are expected to go 10 percent higher from the year before, driven by expected strong royalty and license revenue growth through the year.
Global Markets-Shares rally on hopes for Greek deal; U.S. yields rise
2015-02-10 23:59:20| Beverages - Topix.net
European Commission President Jean-Claude Juncker stepped up contacts with Greece's new leftist leader to try to bridge differences on the country's debt crisis but EU officials cautioned against expecting a breakthrough this week. Earlier, reports of a possible agreement helped shares rebound ahead of a meeting of the bloc's finance ministers Wednesday.
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