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POSCO Q3 profit edges up 0.5 pct, steel supply glut continues

2015-10-20 11:32:11| Steel - Topix.net

Oct 20 South Korean steelmaker POSCO said its third-quarter operating profit crept up 0.5 percent from a year earlier, beating estimates, as more stable iron ore input costs helped it absorb weak steel product prices and a continuing supply glut. POSCO, the world's sixth-biggest steelmaker, said on Tuesday operating profit for July-September was 638 billion won on a parent-only basis, above a consensus forecast of 608 billion won compiled by Thomson Reuters I/B/E/S.

Tags: supply profit steel continues

 

Anritsu and COMPRION Release Solution for 100% Automation of Protocol Conformance Tests (PCT)

2015-10-08 12:31:14| Industrial Newsroom - All News for Today

Anritsu and COMPRION announced today that they have developed a solution to fully automate the execution of all 3GPP TS 36.523 LTE Conformance tests required for certification and pre-certification of mobile devices. Until now, achieving complete automation of GCF and PTCRB conformance tests was not possible as a...

Tags: release solution tests protocol

 
 

Activist investor Starboard builds 3.7 pct stake in Advance Auto-WSJ

2015-09-30 09:11:27| Auto Parts - Topix.net

Activist investor Starboard Value LP has built a 3.7 percent stake in automotive parts maker Advance Auto Parts Inc, the Wall Street Journal reported. Starboard, which has met with Advance Auto's management including Chief Executive Darren Jackson, is urging the company to push margins higher, the Journal said.

Tags: advance investor builds stake

 

Signed contracts to buy US homes rose 0.5 pct. in July, a possible sign of sales peaking

2015-08-27 16:51:59| Real Estate - Topix.net

The National Association of Realtors said Thursday that its seasonally adjusted pending home sales index rose 0.5 per cent to 110.9 last month. This marks a slight recovery from June, when the index fell to 110.4 after reaching 112.3 in May, a level last seen in 2006.

Tags: of sign buy july

 

UPDATE 1-India's state-owned LIC buys 86 pct of Indian Oil shares on offer

2015-08-27 00:19:52| Steel - Topix.net

State-owned Life Insurance Corporation of India bought 86 percent of shares on offer in state-run Indian Oil Corp this week, salvaging a $1.4 billion government sale as the Indian market took its biggest tumble in more than six years. LIC, India's biggest investor, has in the past dug into its pockets to prop up government sales, buying up state banks and government mining firms.

Tags: on offer update oil

 

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