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Novartis cites momentum in 3 percent profit rise

2014-07-17 09:20:58| Biotech - Topix.net

Profits during the April-June quarter rose to $3.28 billion, up from $3.18 billion in the same quarter of 2013, helped by "strong innovation momentum" and rising sales in some of its household brands, the Basel-based company reported.

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UPDATE 1-Mattress maker Select Comfort's beats Street, shares rise

2014-07-17 02:39:44| Furniture - Topix.net

Specialty mattress maker Select Comfort Corp's quarterly net sales and profit beat analysts' expectations as company-controlled same-store sales rose 7 percent.

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WRAP data shows rise in UK plastic bag use

2014-07-16 01:00:00| Packaging Gateway

New data from the Waste & Resources Action Programme (WRAP) has shown an increase of 3.2% in single-use thin-gauge bags by UK supermarket customers in the UK, representing 8.3 billion bags in total.

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Intel shares rise on strong profit

2014-07-15 23:42:09| BBC News | Business | UK Edition

Shares in chip maker Intel rise 4% after the firm reports profits rose 45% in the second quarter to $2.8bn, driven by stronger-than-expected PC sales to businesses.

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U.S. retail sales rise modestly on surprise automobiles decline

2014-07-15 17:27:05| Auto Dealers - Topix.net

U.S. retail sales increased less than expected in June as receipts at automobiles dealerships surprisingly fell, but details of Tuesday's report suggested the economy was on a solid footing at the end of the second quarter.

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