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Next cuts FY outlook as Q3 sales slide

2016-11-02 09:39:00| Daily apparel & textile news and comment - from just-style.com

UK fashion retailer Next has revealed a fall in sales for its third-quarter and lowered its full-year guidance, citing difficult market conditions. 

Tags: sales slide outlook cuts

 

Sony cuts annual profit outlook by 10%

2016-10-31 10:05:22| BBC News | Business | UK Edition

Sony cuts its annual profit forecast by 10% due to one-time costs from the sale of its battery business.

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Telefonica cuts dividend as last resort to lowering debt

2016-10-27 08:10:00| Telecompaper Headlines

(Telecompaper) Telefonica has cut its proposed full-year dividend as the operator looks to hold on to cash flow for investments and debt maintenance. The company said it will pay a voluntary stock dividend of EUR 0.35 per share in Q4 plus EUR 0.20 in cash in Q2 2017, compared to a previous forecast of EUR 0.75 per share for this year. In 2017, it plans a cash dividend of EUR 0.40 per share.

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Google halts fibre rollout, plans job cuts

2016-10-26 02:00:00| Total Telecom industry news

Internet giant's head of access resigns; company expected to focus on point-to-point wireless tech instead.

Tags: google job plans cuts

 

Report: Twitter Plans 300 Job Cuts

2016-10-25 18:02:34| PC Magazine Software Product Guide

Bloomberg tipped pink slips for 8 percent of the social network's workforce.

Tags: report job plans cuts

 

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