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Men's pay falls 'more than women's'

2015-01-30 10:02:45| BBC News | Business | UK Edition

Men have seen the real value of their pay fall far more than women in the past few years, according to the Institute for Fiscal Studies.

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AK Steel (AKS) Stock Falls Today as Iron Ore Prices Hit New Lows

2015-01-29 22:07:38| Steel - Topix.net

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Samsung net profit falls 26.7% in Q4

2015-01-29 08:15:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics reported a fall in fourth-quarter net profit to KRW 5.35 trillion from KRW 7.30 trillion a year earlier. Operating profit dropped to KRW 5.29 trillion from KRW 8.31 trillion, and revenues declined to KRW 52.73 trillion from KRW 59.28 trillion a year ago. Despite the weaker results, Samsung raised its final dividend to KRW 19,500 per share from KRW 13,800 a year earlier. The lower results were due to a sharp fall in sales at its mobile phone business, where quarterly revenues were down 23 percent year-on-year to KRW 25.02 trillion. Operating profit at the communications division fell to KRW 1.96 trillion from KRW 5.47 trillion a year ago. Samsung reported a small decline in its smartphone shipments compared to the third quarter, while its average selling price and profitability improved over the same period thanks to a higher share of high-end phones like the Note 4. Tablet shipments were up compared to Q3, and Samsung also increased revenues from network equipment. The company expects a weaker phone and tablet market in Q1 due to lower seasonal demand. Samsung itself will try to improve earnings and grow smartphone shipments, helped by new models in the A series.

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Samsung Electronics Q4 profit falls 27%

2015-01-29 02:31:21| Electronics - Topix.net

Samsung Electronics Co. said Thursday its fourth-quarter net profit fell 27% from a year earlier as profitability from its mobile division slipped amid intense competition.

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Praxair profit, sales falls short of expectations

2015-01-28 13:21:18| Chemicals - Topix.net

Industrial-gas company Praxair Inc. said its earnings dropped as weak macroeconomic conditions, especially in Europe, and the strong dollar pressured fourth-quarter results. Both sales and revenue missed expectations, leading the Connecticut-based company to post a disappointing outlook for the year.

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